Ownership

Distribution of Ownership among Shareholders

Type of Shareholder

Percentage on a Number of Shares Owned Basis

Financial institutions

21.0%

Securities companies

3.5%

Other corporations

13.7%

Foreign institutions and others

13.2%

Individuals and others

48.6%

Total

100.00%

(As of Feburuary 29, 2024)

Major Shareholders and Ratio of Shareholding

Name of Shareholders

Number of Shares Held (Thousands)

Percentage of Total Shares Issued (%)

The Master Trust Bank of Japan, Ltd. (Trust account)

12,598

9.2

Kashiyama Scholarship Foundation

8,710

6.4

Custody Bank of Japan, Ltd. (Trust account)

5,785

4.2

Onward Holdings Customers' Shareholdings Association

5,438

4.0

Nippon Life Insurance Company

4,671

3.4

Sumitomo Mitsui Banking Corporation

2,931

2.1

Isetan Mitsukoshi Ltd.

2,301

1.6

Government of Norway

2,220

1.6

Sumitomo Life Insurance Company

1,601

1.1

Yakult Honsha Co., Ltd.

1,500

1.1

(As of February 29, 2024)

Note:

  • 1. The number of shares held is rounded down to the nearest 1,000 shares.

    2. The Company holds 22,193,554 shares of treasury stock.

    3. The percentage of total shares issued is calculated after deducting 22,193,554 shares of treasury stock.