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Stock Ownership

Principal shareholders

(As of March 31, 2025)

Name Number of Shares Held
(thousands)
Percentage of Shareholding
The Master Trust Bank of Japan, Ltd. 32,240 14.26
Custody Bank of Japan, Ltd. (Trust account) 15,220 6.73
STATE STREET BANK AND TRUST COMPANY 505223 12,349 5.46
Yamada Kosan Limited Private Company 8,415 3.72
MUFG Bank, Ltd. 7,601 3.36
Sansyo Kosan Co., Ltd. 5,086 2.25
Nippon Life Insurance Company 4,238 1.87
Kiyoko Yamada 3,623 1.60
AVI GLOBAL TRUST PLC 3,601 1.59
Rohto Group Employee Stock Ownership Plan 3,139 1.38

* The Holding Ratio has been calculated by deducting the treasury stock (10,213,934 stocks).

Shareholder Composition

(As of March 31, 2025)

Number of
Shares Held(thousands)
Number of
Shareholder Type
Japanese Financial institutions 75,824
32.11%
46
0.09%
Japanese Financial Instruments Business Operators 6,034
2.56%
48
0.10%
Japanese companies and corporations 28,824
12.20%
296
0.62%
Foreign investors 67,321
28.50%
533
1.11%
Japanese individuals and others 47,958
20.31%
47,013
98.07%
Treasury stock 10,213
4.32%
1
0.00%

* Amounts and numbers of shares shown herein are rounded down to the nearest whole unit.