As reported in the annual securities report, 2025-09-30.
| Foreign institutions | 15.26% |
|---|---|
| Individuals | 28.16% |
| Top 10 holders | 57.20% |
| Total shareholders | 8,183 |
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 |
|---|---|---|
| Financial institutions | 30.57% | 22 |
| Individuals & others | 28.16% | 7,837 |
| Other corporations | 25.48% | 145 |
| Foreign institutions | 15.26% | 155 |
| Securities firms | 0.52% | 21 |
| Foreign individuals | 0.00% | 3 |
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 | 公益財団法人飯塚毅育英会 | 7,517,000 | 14.60% |
| 2 | 大同生命保険株式会社 | 4,796,400 | 9.30% |
| 3 | 日本マスタートラスト信託銀行株式会社(信託口) | 4,523,200 | 8.80% |
| 4 | 公益財団法人租税資料館 | 3,093,000 | 6.00% |
| 5 | TKCグループ社員持株会 | 3,040,000 | 5.90% |
| 6 | STATE STREET BANK AND TRUST COMPANY 505001(株式会社みずほ銀行決済営業部) | 1,894,300 | 3.70% |
| 7 | 飯塚真玄 | 1,462,600 | 2.80% |
| 8 | 株式会社日本カストディ銀行(信託口) | 1,101,900 | 2.10% |
| 9 | 東京海上日動火災保険株式会社 | 1,066,200 | 2.10% |
| 10 | 損害保険ジャパン株式会社 | 957,200 | 1.90% |
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.