As reported in the annual securities report, 2026-03-31.
| Foreign institutions | 39.72% |
|---|---|
| Individuals | 9.63% |
| Top 10 holders | 70.62% |
| Total shareholders | 13,948 |
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 |
|---|---|---|
| Foreign institutions | 39.72% | 731 |
| Financial institutions | 31.40% | 47 |
| Other corporations | 17.28% | 207 |
| Individuals & others | 9.63% | 12,889 |
| Securities firms | 1.94% | 37 |
| Foreign individuals | 0.02% | 37 |
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) | 28,345,000 | 20.91% |
| 2 | 一般財団法人上月財団 | 17,100,000 | 12.61% |
| 3 | KOZUKI HOLDING B.V.(常任代理人 三菱UFJモルガン・スタンレー証券株式会社) | 15,700,000 | 11.58% |
| 4 | 株式会社日本カストディ銀行(信託口) | 14,493,000 | 10.69% |
| 5 | コウヅキキャピタル株式会社 | 7,048,000 | 5.20% |
| 6 | JP MORGAN CHASE BANK 380752(常任代理人 株式会社みずほ銀行決済営業部) | 6,530,000 | 4.82% |
| 7 | HSBC HONG KONG-TREASURY SERVICES A/C ASIAN EQUITIES DERIVATIVES(常任代理人 香港上海銀行東京支店) | 2,418,000 | 1.78% |
| 8 | STATE STREET BANK AND TRUSTCOMPANY 505001(常任代理人 株式会社みずほ銀行決済営業部) | 1,663,000 | 1.23% |
| 9 | JP MORGAN CHASE BANK 385781(常任代理人 株式会社みずほ銀行決済営業部) | 1,396,000 | 1.03% |
| 10 | GIC PRIVATE LIMITED-C(常任代理人 株式会社三菱UFJ銀行) | 1,046,000 | 0.77% |
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.