Stock Status

Number of shares and shareholders

As of March 31, 2025
Authorized Number of Shares 145,983,000 shares
Number of Shares Issued and Outstanidng 46,537,426 shares
Number of Shareholders 10,188 persons
Minimum Trading Units 100 shares

Major Shareholders

As of March 31, 2025
Shareholder name Number of shares held (thousand shares) Holding ratio (%)
The Dai-ichi Life Insurance Company, Ltd. 4,284 9.32
The Master Trust Bank of Japan, Ltd. (trust account) 3,895 8.48
Nippon Life Insurance Company 3,762 8.19
MAX Kyoei-kai Dai-ichi Shareholding Association 3,699 8.05
MAX Kyoei-kai Dai-ni Shareholding Association 3,330 7.25
Custody Bank of Japan, Ltd. (trust account) 2,879 6.26
Mizuho Bank, Ltd. 1,834 3.99
The Gunma Bank,Ltd. 1,714 3.73
MAX Employee Stock Ownership Plan 1,168 2.54
Nippon Steel Coporation 1,044 2.27
*The shareholding ratio is calculated by deducting 574,598 shares of treasury stock.

Distribution of Shares by Shareholder

As of March 31, 2025
Ownership distinction Number of shares held (thousand shares)
Financial Institutions 21,033
Individuals and Others 13,326
Foreign Corporations 6,306
Other Corporations 5,296
Treasury Stocks 574
Financial Institutions 45.2% Individuals and Others 28.6% Foreign Corporations 13.6% Other Corporations 11.4% Treasury Stocks 1.2%