Stock Status

Number of shares and shareholders

As of September 30, 2025
Authorized Number of Shares 145,983,000 shares
Number of Shares Issued and Outstanidng 46,537,426 shares
Number of Shareholders 9,632 persons
Minimum Trading Units 100 shares

Major Shareholders

As of September 30, 2025
Shareholder name Number of shares held (thousand shares) Holding ratio (%)
The Dai-ichi Life Insurance Company, Ltd. 3,856 8.51
Nippon Life Insurance Company 3,762 8.30
MAX Kyoei-kai Dai-ichi Shareholding Association 3,703 8.17
The Master Trust Bank of Japan, Ltd. (trust account) 3,571 7.88
MAX Kyoei-kai Dai-ni Shareholding Association 3,272 7.22
CGML PB CLIENT ACCOUNT/COLLATERAL 2,288 5.05
Custody Bank of Japan, Ltd. (trust account) 1,997 4.41
Mizuho Bank, Ltd. 1,834 4.05
The Gunma Bank,Ltd. 1,714 3.78
MAX Employee Stock Ownership Plan 1,150 2.54
*The Company holds 1,217,811 shares of treasury shares, which are excluded from the above list of major shareholders.
*The shareholding ratio is calculated excluding treasury shares.

Distribution of Shares by Shareholder

As of September 30, 2025
Ownership distinction Number of shares held (thousand shares)
Financial Institutions 19,387
Individuals and Others 13,056
Foreign Corporations 8,301
Other Corporations 4,574
Treasury shares 1,217
Financial Institutions 41.7% Individuals and Others 28.1% Foreign Corporations 17.8% Other Corporations 9.8% Treasury Stocks 2.6%