As reported in the annual securities report, 2026-03-31.
| Foreign institutions | 12.72% |
|---|---|
| Individuals | 31.98% |
| Top 10 holders | 49.67% |
| Total shareholders | 4,800 |
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 |
|---|---|---|
| Individuals & others | 31.98% | 4,467 |
| Other corporations | 28.41% | 171 |
| Financial institutions | 26.26% | 18 |
| Foreign institutions | 12.72% | 117 |
| Securities firms | 0.63% | 22 |
| Foreign individuals | 0.00% | 5 |
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 | ㈱小野木興産 | 5,640,000 | 18.26% |
| 2 | 日本マスタートラスト信託銀行㈱(信託口) | 2,584,000 | 8.36% |
| 3 | トーカイ共友会 | 1,468,000 | 4.75% |
| 4 | 小野木 孝二 | 1,133,000 | 3.66% |
| 5 | ㈱日本カストディ銀行(信託口) | 877,000 | 2.84% |
| 6 | トーカイ従業員持株会 | 862,000 | 2.79% |
| 7 | ㈱大垣共立銀行(常任代理人 ㈱日本カストディ銀行) | 710,000 | 2.29% |
| 8 | ㈱十六銀行 | 705,000 | 2.28% |
| 9 | 光通信KK投資事業有限責任組合 | 701,000 | 2.27% |
| 10 | 岐阜信用金庫 | 672,000 | 2.17% |
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.