As reported in the annual securities report, 2025-12-31.
| Foreign institutions | 22.54% |
|---|---|
| Individuals | 36.64% |
| Top 10 holders | 52.40% |
| Total shareholders | 7,536 |
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 | 36.64% | 7,282 |
| Foreign institutions | 22.54% | 111 |
| Financial institutions | 21.01% | 16 |
| Other corporations | 18.63% | 88 |
| Securities firms | 1.18% | 25 |
| Foreign individuals | 0.01% | 14 |
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 | 日本マスタートラスト信託銀行株式会社(信託口) | 2,553,000 | 11.20% |
| 2 | 公益財団法人深田地質研究所 | 2,530,000 | 11.10% |
| 3 | THE SFP VALUE REALIZATION MASTER FUND LTD.(常任代理人 立花証券株式会社) | 2,177,000 | 9.60% |
| 4 | 須賀 るり子 | 1,475,000 | 6.50% |
| 5 | 応用地質従業員持株会 | 785,000 | 3.40% |
| 6 | 株式会社日本カストディ銀行(信託口) | 756,000 | 3.30% |
| 7 | JP MORGAN CHASE BANK 385642(常任代理人 株式会社みずほ銀行決済営業部) | 526,000 | 2.30% |
| 8 | 日本生命保険相互会社 | 474,000 | 2.10% |
| 9 | MORGAN STANLEY SMITH BARNEY LLC CLIENTS FULLY PAID SEG ACCOUNT(常任代理人 シティバンク エヌエイ 東京支店) | 336,000 | 1.50% |
| 10 | 有限会社エーケー | 320,000 | 1.40% |
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.