Japan Airlines Co.,Ltd.

9201 TSE Industrials Air Transportation
TSE Prime

Shareholding pattern

As reported in the annual securities report, 2026-03-31.

Foreign institutions26.93%
Individuals38.48%
Top 10 holders33.19%
Total shareholders446,808

Who owns the company

Share of voting units
Individuals & others: 38.48%Foreign institutions: 26.93%Financial institutions: 24.81%Other corporations: 7.4%Securities firms: 1.93%Foreign individuals: 0.45%38.5%Individuals & others
Individuals & others 38.48%Foreign institutions 26.93%Financial institutions 24.81%Other corporations 7.4%Securities firms 1.93%Foreign individuals 0.45%

How to read this: each slice is a group of investors. Foreign and financial institutions are professional money; individuals are retail shareholders; other corporations are usually business partners holding strategic stakes. A large institutional slice generally means heavier analyst coverage and more trading volume.

Ownership Trend

Holding %, recent years
01020304050FY23FY24FY25FY26FY2023 — Foreign institutions: 17 %FY2024 — Foreign institutions: 17 %FY2025 — Foreign institutions: 18 %FY2026 — Foreign institutions: 27 %FY2023 — Financial institutions: 24 %FY2024 — Financial institutions: 28 %FY2025 — Financial institutions: 27 %FY2026 — Financial institutions: 25 %FY2023 — Individuals: 46 %FY2024 — Individuals: 43 %FY2025 — Individuals: 43 %FY2026 — Individuals: 38 %FY2023 — Other corporations: 9 %FY2024 — Other corporations: 8 %FY2025 — Other corporations: 8 %FY2026 — Other corporations: 7 %FY2023 — Securities firms: 3 %FY2024 — Securities firms: 4 %FY2025 — Securities firms: 3 %FY2026 — Securities firms: 2 %
Foreign institutionsFinancial institutionsIndividualsOther corporationsSecurities firms

How to read this: each line shows how one investor group's share has moved over recent years. A rising foreign or institutional line can signal growing professional interest; a falling one the opposite. Japanese companies disclose ownership once a year, so these are annual points — read the direction over several years rather than a single step.

Ownership detail

Investor categoryHolding %Shareholders
Individuals & others38.48%436,865
Foreign institutions26.93%881
Financial institutions24.81%104
Other corporations7.40%3,946
Securities firms1.93%59
Foreign individuals0.45%4,952
Government0.00%1

How to read this: a high foreign or institutional share often means the stock is widely researched and more liquid; a high individual share means retail investors hold most of the company. Percentages are of voting units.

Largest shareholders

S.No.ShareholderSharesStake %
1日本マスタートラスト信託銀行株式会社(信託口)71,489,00016.63%
2株式会社日本カストディ銀行(信託口)24,272,3005.64%
3STATE STREET BANK AND TRUST COMPANY 505001(常任代理人 株式会社みずほ銀行)10,816,3652.51%
4京セラ株式会社7,638,4001.77%
5JP MORGAN CHASE BANK 385781(常任代理人 株式会社みずほ銀行)6,801,8121.58%
6STATE STREET BANK AND TRUST COMPANY 505103(常任代理人 株式会社みずほ銀行)5,007,7931.16%
7株式会社大和証券グループ本社5,000,0001.16%
8STATE STREET BANK AND TRUST COMPANY 505223(常任代理人 株式会社みずほ銀行)4,842,3481.12%
9THE BANK OF NEW YORK MELLON 140044(常任代理人 株式会社みずほ銀行)3,504,8490.81%
10STATE STREET BANK AND TRUST COMPANY 505050(常任代理人 株式会社みずほ銀行)3,490,7700.81%

Trust banks such as Master Trust and Custody Bank appear at the top of most Japanese registers: they hold shares on behalf of many underlying funds rather than owning them outright.

Educational data only. Not a recommendation to buy, sell or hold any security.