Ownership

Distribution of Ownership among Shareholders

Type of Shareholder

Percentage on a Number of Shares Owned Basis

Financial institutions

22.5%

Securities companies

4.0%

Other corporations

12.0%

Foreign institutions and others

11.1%

Individuals and others

50.4%

Total

100.0%

(As of Feburuary 28, 2025)

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)

16,581

12.2

Kashiyama Scholarship Foundation

8,710

6.4

Custody Bank of Japan, Ltd. (Trust account)

5,423

3.9

Onward Holdings Customers' Shareholdings Association

5,385

3.9

Nippon Life Insurance Company

4,671

3.4

JPMorgan Securities Japan Co., Ltd.

2,529

1.8

Sumitomo Mitsui Banking Corporation

1,954

1.4

Isetan Mitsukoshi Ltd.

1,799

1.3

The Nomura Trust And Banking Co., Ltd. As The Trustee Of Repurchase Agreement Mother Fund

1,773

1.3

Govarnment of Norway

1,750

1.2

(As of February 28, 2025)

Note:

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

    2. The Company holds 22,180,165 shares of treasury stock.

    3. The percentage of total shares issued is calculated after deducting 22,180,165 shares of treasury stock.