As reported in the annual securities report, 2026-03-31.
| Foreign institutions | 20.80% |
|---|---|
| Individuals | 22.30% |
| Top 10 holders | 43.56% |
| Total shareholders | 22,267 |
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 | 29.03% | 32 |
| Other corporations | 26.55% | 370 |
| Individuals & others | 22.30% | 21,591 |
| Foreign institutions | 20.80% | 209 |
| Securities firms | 1.30% | 23 |
| Foreign individuals | 0.02% | 41 |
| Government | 0.00% | 1 |
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) | 5,020,000 | 9.49% |
| 2 | 公益財団法人伊藤青少年育成奨学会 | 2,910,000 | 5.50% |
| 3 | 株式会社子雲社 | 2,730,000 | 5.16% |
| 4 | 農林中央金庫 | 2,542,000 | 4.80% |
| 5 | 株式会社十六銀行 | 2,536,000 | 4.79% |
| 6 | 株式会社日本カストディ銀行(信託口) | 1,987,000 | 3.75% |
| 7 | ステート ストリート バンク アンド トラスト カンパニー 505223(常任代理人 株式会社みずほ銀行決済営業部) | 1,464,000 | 2.76% |
| 8 | 田代正美 | 1,350,000 | 2.55% |
| 9 | 株式会社リテールパートナーズ | 1,260,000 | 2.38% |
| 10 | 株式会社アークス | 1,260,000 | 2.38% |
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.