Shareholder structure

（As of March 31, 2023）
Name or Corporate Name Number of Shares Held Percentage of Total Outstanding Shares (excluding treasury shares) (%)
Yamabiko Holdings Co., Ltd.  12,055,950 16.84
Asama Holdings Co., Ltd.  12,000,000 16.76
The Master Trust Bank of Japan, Ltd. (Trust Account)  5,812,100 8.12
Hiroaki Yamazaki  2,038,695 2.84
Takaaki Yamazaki  2,017,101 2.81
Minato Holdings Co., Ltd.  1,800,000 2.51
Japan Custody Bank, Ltd. (Trust Account)  1,182,200 1.65
Atsuhiko Yamazaki  1,129,258 1.57
Sumitomo Mitsui Banking Corporation  900,000 1.25
Keyaki Holdings Co., Ltd.  900,000 1.25
Shirakaba Holdings Co., Ltd.  900,000 1.25

Notes: 

  1. ​​​​​​Of the shares held by The Master Trust Bank of Japan, Ltd. (Trust Account), 2,744,500 shares are related to trust operations. Of these, 2,707,700 shares are held in investment trusts, and 36,800 shares are held in pension trusts. 
  2. Of the shares held by Japan Custody Bank, Ltd. (Trust Account), 825,400 shares are related to trust operations. Of these, 786,100 shares are held in investment trusts, and 39,300 shares are held in pension trusts. 
  3. Although a change report publicly disclosed on February 22, 2023, states that Nomura Securities Co., Ltd. and its co-holders—Nomura International plc and Nomura Asset Management Co., Ltd.—held shares as of February 15, 2023, the Company has not been able to confirm the actual number of shares held as of March 31, 2023. Therefore, these major shareholders are not included in the above table. 

Shareholder Distribution

(As of March 31, 2023)
Shareholder Category  Percentage of Shares Held (%) 
Financial Institutions  12.06
Securities Companies  4.51
Other Corporations  40.58
Foreign Corporations / Foreign Individuals  4.67
Individuals and Others  38.15