As reported in the annual securities report, 2026-02-28.
| Foreign institutions | 17.64% |
|---|---|
| Individuals | 21.36% |
| Top 10 holders | 53.57% |
| Total shareholders | 48,012 |
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.
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.
| Investor category | Holding % | Shareholders |
|---|---|---|
| Other corporations | 39.99% | 408 |
| Individuals & others | 21.36% | 46,696 |
| Financial institutions | 18.81% | 45 |
| Foreign institutions | 17.64% | 648 |
| Securities firms | 2.18% | 43 |
| Foreign individuals | 0.01% | 172 |
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.
| S.No. | Shareholder | Shares | Stake % |
|---|---|---|---|
| 1 | 阪急阪神ホールディングス株式会社 | 22,807,000 | 13.58% |
| 2 | 日本マスタートラスト信託銀行株式会社(信託口) | 16,846,000 | 10.03% |
| 3 | 阪急阪神不動産株式会社 | 15,150,000 | 9.02% |
| 4 | 株式会社日本カストディ銀行(信託口) | 9,831,000 | 5.85% |
| 5 | エイチ・ツー・オー リテイリング株式会社 | 7,097,000 | 4.22% |
| 6 | 株式会社フジ・メディア・ホールディングス | 4,940,000 | 2.94% |
| 7 | 株式会社TBSテレビ | 4,521,000 | 2.69% |
| 8 | 株式会社竹中工務店 | 3,785,000 | 2.25% |
| 9 | 株式会社丸井グループ | 2,578,000 | 1.53% |
| 10 | STATE STREET BANK AND TRUST COMPANY 505001 (常任代理人 株式会社みずほ銀行決済営業部) | 2,464,000 | 1.46% |
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.