{
  "commentary": [
    {
      "heading": null,
      "paragraphs": [
        "創業者の玉木康裕氏の資産管理会社であるTAMAXが筆頭株主としてFY15の31.63%からFY24には39.29%へ拡大している。",
        "玉木家4名がそれぞれ約3%を保有し、TAMAXと合算した創業家直接・間接保有が5割超に達する典型的な同族集中構造を維持している。"
      ]
    }
  ],
  "shareholders": [
    {
      "FY": "FY15",
      "period": "2016/5",
      "rank": 1,
      "name": "株式会社ＴＡＭＡＸ",
      "shareholding_ratio": 31.63,
      "shares_held": 9506700
    },
    {
      "FY": "FY15",
      "period": "2016/5",
      "rank": 2,
      "name": "玉木 康裕",
      "shareholding_ratio": 8.63,
      "shares_held": 2595900
    },
    {
      "FY": "FY15",
      "period": "2016/5",
      "rank": 3,
      "name": "玉木 和惠",
      "shareholding_ratio": 2.9,
      "shares_held": 871700
    },
    {
      "FY": "FY15",
      "period": "2016/5",
      "rank": 4,
      "name": "玉木 伸弥",
      "shareholding_ratio": 2.9,
      "shares_held": 871700
    },
    {
      "FY": "FY15",
      "period": "2016/5",
      "rank": 5,
      "name": "玉木 克弥",
      "shareholding_ratio": 2.9,
      "shares_held": 871700
    },
    {
      "FY": "FY15",
      "period": "2016/5",
      "rank": 6,
      "name": "タマホームグループ従業員持株会",
      "shareholding_ratio": 2.62,
      "shares_held": 788500
    },
    {
      "FY": "FY15",
      "period": "2016/5",
      "rank": 7,
      "name": "福島 章一",
      "shareholding_ratio": 0.8,
      "shares_held": 241000
    },
    {
      "FY": "FY15",
      "period": "2016/5",
      "rank": 8,
      "name": "日本トラスティ・サービス信託銀行株式会社(信託口2）",
      "shareholding_ratio": 0.6,
      "shares_held": 180800
    },
    {
      "FY": "FY15",
      "period": "2016/5",
      "rank": 9,
      "name": "日本マスタートラスト信託銀行株式会社(信託口）",
      "shareholding_ratio": 0.58,
      "shares_held": 177100
    },
    {
      "FY": "FY15",
      "period": "2016/5",
      "rank": 10,
      "name": "日本トラスティ・サービス信託銀行株式会社(信託口5）",
      "shareholding_ratio": 0.58,
      "shares_held": 176500
    },
    {
      "FY": "FY16",
      "period": "2017/5",
      "rank": 1,
      "name": "株式会社ＴＡＭＡＸ",
      "shareholding_ratio": 37.9,
      "shares_held": 11391200
    },
    {
      "FY": "FY16",
      "period": "2017/5",
      "rank": 2,
      "name": "玉木 康裕",
      "shareholding_ratio": 2.9,
      "shares_held": 871700
    },
    {
      "FY": "FY16",
      "period": "2017/5",
      "rank": 3,
      "name": "玉木 和惠",
      "shareholding_ratio": 2.9,
      "shares_held": 871700
    },
    {
      "FY": "FY16",
      "period": "2017/5",
      "rank": 4,
      "name": "玉木 伸弥",
      "shareholding_ratio": 2.9,
      "shares_held": 871700
    },
    {
      "FY": "FY16",
      "period": "2017/5",
      "rank": 5,
      "name": "玉木 克弥",
      "shareholding_ratio": 2.9,
      "shares_held": 871700
    },
    {
      "FY": "FY16",
      "period": "2017/5",
      "rank": 6,
      "name": "タマホームグループ従業員持株会",
      "shareholding_ratio": 2.76,
      "shares_held": 830400
    },
    {
      "FY": "FY16",
      "period": "2017/5",
      "rank": 7,
      "name": "日本トラスティ・サービス信託銀行株式会社(信託口）",
      "shareholding_ratio": 1.88,
      "shares_held": 565400
    },
    {
      "FY": "FY16",
      "period": "2017/5",
      "rank": 8,
      "name": "日本トラスティ・サービス信託銀行株式会社(信託口5）",
      "shareholding_ratio": 1.03,
      "shares_held": 311900
    },
    {
      "FY": "FY16",
      "period": "2017/5",
      "rank": 9,
      "name": "J.P.MORGAN SECURITIES LLC-CLEARING（常任代理人 シティバンク、エヌ・エイ東京支店）",
      "shareholding_ratio": 0.94,
      "shares_held": 285000
    },
    {
      "FY": "FY16",
      "period": "2017/5",
      "rank": 10,
      "name": "日本マスタートラスト信託銀行株式会社(信託口）",
      "shareholding_ratio": 0.88,
      "shares_held": 265400
    },
    {
      "FY": "FY17",
      "period": "2018/5",
      "rank": 1,
      "name": "株式会社ＴＡＭＡＸ",
      "shareholding_ratio": 37.9,
      "shares_held": 11391200
    },
    {
      "FY": "FY17",
      "period": "2018/5",
      "rank": 2,
      "name": "株式会社ヤマダ電機",
      "shareholding_ratio": 4.96,
      "shares_held": 1491000
    },
    {
      "FY": "FY17",
      "period": "2018/5",
      "rank": 3,
      "name": "日本トラスティ・サービス信託銀行株式会社(信託口）",
      "shareholding_ratio": 4.37,
      "shares_held": 1313800
    },
    {
      "FY": "FY17",
      "period": "2018/5",
      "rank": 4,
      "name": "玉木 康裕",
      "shareholding_ratio": 2.9,
      "shares_held": 871700
    },
    {
      "FY": "FY17",
      "period": "2018/5",
      "rank": 5,
      "name": "玉木 和惠",
      "shareholding_ratio": 2.9,
      "shares_held": 871700
    },
    {
      "FY": "FY17",
      "period": "2018/5",
      "rank": 6,
      "name": "玉木 伸弥",
      "shareholding_ratio": 2.9,
      "shares_held": 871700
    },
    {
      "FY": "FY17",
      "period": "2018/5",
      "rank": 7,
      "name": "玉木 克弥",
      "shareholding_ratio": 2.9,
      "shares_held": 871700
    },
    {
      "FY": "FY17",
      "period": "2018/5",
      "rank": 8,
      "name": "タマホームグループ従業員持株会",
      "shareholding_ratio": 2.38,
      "shares_held": 715800
    },
    {
      "FY": "FY17",
      "period": "2018/5",
      "rank": 9,
      "name": "メリルリンチ日本証券株式会社",
      "shareholding_ratio": 1.67,
      "shares_held": 503400
    },
    {
      "FY": "FY17",
      "period": "2018/5",
      "rank": 10,
      "name": "日本マスタートラスト信託銀行株式会社(信託口）",
      "shareholding_ratio": 1.61,
      "shares_held": 484100
    },
    {
      "FY": "FY18",
      "period": "2019/5",
      "rank": 1,
      "name": "株式会社ＴＡＭＡＸ",
      "shareholding_ratio": 37.9,
      "shares_held": 11391200
    },
    {
      "FY": "FY18",
      "period": "2019/5",
      "rank": 2,
      "name": "株式会社ヤマダ電機",
      "shareholding_ratio": 4.96,
      "shares_held": 1491000
    },
    {
      "FY": "FY18",
      "period": "2019/5",
      "rank": 3,
      "name": "玉木 康裕",
      "shareholding_ratio": 2.9,
      "shares_held": 871700
    },
    {
      "FY": "FY18",
      "period": "2019/5",
      "rank": 4,
      "name": "玉木 和惠",
      "shareholding_ratio": 2.9,
      "shares_held": 871700
    },
    {
      "FY": "FY18",
      "period": "2019/5",
      "rank": 5,
      "name": "玉木 伸弥",
      "shareholding_ratio": 2.9,
      "shares_held": 871700
    },
    {
      "FY": "FY18",
      "period": "2019/5",
      "rank": 6,
      "name": "玉木 克弥",
      "shareholding_ratio": 2.9,
      "shares_held": 871700
    },
    {
      "FY": "FY18",
      "period": "2019/5",
      "rank": 7,
      "name": "タマホームグループ従業員持株会",
      "shareholding_ratio": 2.34,
      "shares_held": 705400
    },
    {
      "FY": "FY18",
      "period": "2019/5",
      "rank": 8,
      "name": "日本トラスティ・サービス信託銀行株式会社(信託口）",
      "shareholding_ratio": 1.79,
      "shares_held": 539600
    },
    {
      "FY": "FY18",
      "period": "2019/5",
      "rank": 9,
      "name": "日本マスタートラスト信託銀行株式会社(信託口）",
      "shareholding_ratio": 1.34,
      "shares_held": 404800
    },
    {
      "FY": "FY18",
      "period": "2019/5",
      "rank": 10,
      "name": "日本トラスティ・サービス信託銀行株式会社(信託口5）",
      "shareholding_ratio": 0.85,
      "shares_held": 256300
    },
    {
      "FY": "FY19",
      "period": "2020/5",
      "rank": 1,
      "name": "株式会社ＴＡＭＡＸ",
      "shareholding_ratio": 38.67,
      "shares_held": 11391200
    },
    {
      "FY": "FY19",
      "period": "2020/5",
      "rank": 2,
      "name": "玉木 康裕",
      "shareholding_ratio": 2.95,
      "shares_held": 871700
    },
    {
      "FY": "FY19",
      "period": "2020/5",
      "rank": 3,
      "name": "玉木 和惠",
      "shareholding_ratio": 2.95,
      "shares_held": 871700
    },
    {
      "FY": "FY19",
      "period": "2020/5",
      "rank": 4,
      "name": "玉木 伸弥",
      "shareholding_ratio": 2.95,
      "shares_held": 871700
    },
    {
      "FY": "FY19",
      "period": "2020/5",
      "rank": 5,
      "name": "玉木 克弥",
      "shareholding_ratio": 2.95,
      "shares_held": 871700
    },
    {
      "FY": "FY19",
      "period": "2020/5",
      "rank": 6,
      "name": "タマホームグループ従業員持株会",
      "shareholding_ratio": 2.16,
      "shares_held": 638100
    },
    {
      "FY": "FY19",
      "period": "2020/5",
      "rank": 7,
      "name": "日本マスタートラスト信託銀行株式会社(信託口）",
      "shareholding_ratio": 1.48,
      "shares_held": 436000
    },
    {
      "FY": "FY19",
      "period": "2020/5",
      "rank": 8,
      "name": "日本トラスティ・サービス信託銀行株式会社(信託口5）",
      "shareholding_ratio": 0.9,
      "shares_held": 266500
    },
    {
      "FY": "FY19",
      "period": "2020/5",
      "rank": 9,
      "name": "CREDIT SUISSE SECURITIES(USA)LLC SPCL. FOR EXCL. BEN （常任代理人 クレディ・スイス証券株式会社）",
      "shareholding_ratio": 0.72,
      "shares_held": 213092
    },
    {
      "FY": "FY19",
      "period": "2020/5",
      "rank": 10,
      "name": "日本トラスティ・サービス信託銀行株式会社(信託口）",
      "shareholding_ratio": 0.66,
      "shares_held": 196900
    },
    {
      "FY": "FY20",
      "period": "2021/5",
      "rank": 1,
      "name": "株式会社ＴＡＭＡＸ",
      "shareholding_ratio": 38.67,
      "shares_held": 11391200
    },
    {
      "FY": "FY20",
      "period": "2021/5",
      "rank": 2,
      "name": "玉木 康裕",
      "shareholding_ratio": 2.95,
      "shares_held": 871700
    },
    {
      "FY": "FY20",
      "period": "2021/5",
      "rank": 3,
      "name": "玉木 和惠",
      "shareholding_ratio": 2.95,
      "shares_held": 871700
    },
    {
      "FY": "FY20",
      "period": "2021/5",
      "rank": 4,
      "name": "玉木 伸弥",
      "shareholding_ratio": 2.95,
      "shares_held": 871700
    },
    {
      "FY": "FY20",
      "period": "2021/5",
      "rank": 5,
      "name": "玉木 克弥",
      "shareholding_ratio": 2.95,
      "shares_held": 871700
    },
    {
      "FY": "FY20",
      "period": "2021/5",
      "rank": 6,
      "name": "タマホームグループ従業員持株会",
      "shareholding_ratio": 2.11,
      "shares_held": 621700
    },
    {
      "FY": "FY20",
      "period": "2021/5",
      "rank": 7,
      "name": "日本マスタートラスト信託銀行株式会社(信託口）",
      "shareholding_ratio": 1.8,
      "shares_held": 531900
    },
    {
      "FY": "FY20",
      "period": "2021/5",
      "rank": 8,
      "name": "UBS AG LONDON A/CIPBSEGREGATED CLIENT ACCOUNT （常任代理人 シティバンク、エヌ・エイ東京支店）",
      "shareholding_ratio": 1.16,
      "shares_held": 341745
    },
    {
      "FY": "FY20",
      "period": "2021/5",
      "rank": 9,
      "name": "株式会社日本カストディ銀行(信託口）",
      "shareholding_ratio": 1.06,
      "shares_held": 314800
    },
    {
      "FY": "FY20",
      "period": "2021/5",
      "rank": 10,
      "name": "株式会社日本カストディ銀行(信託口5）",
      "shareholding_ratio": 0.87,
      "shares_held": 256400
    },
    {
      "FY": "FY21",
      "period": "2022/5",
      "rank": 1,
      "name": "株式会社ＴＡＭＡＸ",
      "shareholding_ratio": 38.87,
      "shares_held": 11391200
    },
    {
      "FY": "FY21",
      "period": "2022/5",
      "rank": 2,
      "name": "日本マスタートラスト信託銀行株式会社(信託口）",
      "shareholding_ratio": 5.32,
      "shares_held": 1560400
    },
    {
      "FY": "FY21",
      "period": "2022/5",
      "rank": 3,
      "name": "玉木 康裕",
      "shareholding_ratio": 2.97,
      "shares_held": 871700
    },
    {
      "FY": "FY21",
      "period": "2022/5",
      "rank": 4,
      "name": "玉木 和惠",
      "shareholding_ratio": 2.97,
      "shares_held": 871700
    },
    {
      "FY": "FY21",
      "period": "2022/5",
      "rank": 5,
      "name": "玉木 伸弥",
      "shareholding_ratio": 2.97,
      "shares_held": 871700
    },
    {
      "FY": "FY21",
      "period": "2022/5",
      "rank": 6,
      "name": "玉木 克弥",
      "shareholding_ratio": 2.97,
      "shares_held": 871700
    },
    {
      "FY": "FY21",
      "period": "2022/5",
      "rank": 7,
      "name": "タマホームグループ従業員持株会",
      "shareholding_ratio": 1.99,
      "shares_held": 584000
    },
    {
      "FY": "FY21",
      "period": "2022/5",
      "rank": 8,
      "name": "NORTHERN TRUST CO.(AVFC)SUB A/C NON TREATY（常任代理人 香港上海銀行東京支店 カストディ営業部）",
      "shareholding_ratio": 1.31,
      "shares_held": 385232
    },
    {
      "FY": "FY21",
      "period": "2022/5",
      "rank": 9,
      "name": "UBS AG LONDON A/CIPB SEGREGATED CLIENT ACCOUNT（常任代理人 シティバンク、エヌ・エイ東京支店）",
      "shareholding_ratio": 1.29,
      "shares_held": 378356
    },
    {
      "FY": "FY21",
      "period": "2022/5",
      "rank": 10,
      "name": "株式会社日本カストディ銀行(信託口）",
      "shareholding_ratio": 1.22,
      "shares_held": 357900
    },
    {
      "FY": "FY22",
      "period": "2023/5",
      "rank": 1,
      "name": "株式会社ＴＡＭＡＸ",
      "shareholding_ratio": 39.29,
      "shares_held": 11391200
    },
    {
      "FY": "FY22",
      "period": "2023/5",
      "rank": 2,
      "name": "日本マスタートラスト信託銀行株式会社(信託口）",
      "shareholding_ratio": 5.25,
      "shares_held": 1522300
    },
    {
      "FY": "FY22",
      "period": "2023/5",
      "rank": 3,
      "name": "玉木 康裕",
      "shareholding_ratio": 3,
      "shares_held": 871700
    },
    {
      "FY": "FY22",
      "period": "2023/5",
      "rank": 4,
      "name": "玉木 和惠",
      "shareholding_ratio": 3,
      "shares_held": 871700
    },
    {
      "FY": "FY22",
      "period": "2023/5",
      "rank": 5,
      "name": "玉木 伸弥",
      "shareholding_ratio": 3,
      "shares_held": 871700
    },
    {
      "FY": "FY22",
      "period": "2023/5",
      "rank": 6,
      "name": "玉木 克弥",
      "shareholding_ratio": 3,
      "shares_held": 871700
    },
    {
      "FY": "FY22",
      "period": "2023/5",
      "rank": 7,
      "name": "タマホームグループ従業員持株会",
      "shareholding_ratio": 1.8,
      "shares_held": 524200
    },
    {
      "FY": "FY22",
      "period": "2023/5",
      "rank": 8,
      "name": "ＳＭＢＣ日興証券株式会社",
      "shareholding_ratio": 1.45,
      "shares_held": 420500
    },
    {
      "FY": "FY22",
      "period": "2023/5",
      "rank": 9,
      "name": "株式会社日本カストディ銀行(信託口）",
      "shareholding_ratio": 0.79,
      "shares_held": 229800
    },
    {
      "FY": "FY22",
      "period": "2023/5",
      "rank": 10,
      "name": "ＪＰモルガン証券株式会社",
      "shareholding_ratio": 0.65,
      "shares_held": 189900
    },
    {
      "FY": "FY23",
      "period": "2024/5",
      "rank": 1,
      "name": "株式会社ＴＡＭＡＸ",
      "shareholding_ratio": 39.29,
      "shares_held": 11391200
    },
    {
      "FY": "FY23",
      "period": "2024/5",
      "rank": 2,
      "name": "日本マスタートラスト信託銀行株式会社(信託口）",
      "shareholding_ratio": 7.73,
      "shares_held": 2242500
    },
    {
      "FY": "FY23",
      "period": "2024/5",
      "rank": 3,
      "name": "玉木 康裕",
      "shareholding_ratio": 3,
      "shares_held": 871700
    },
    {
      "FY": "FY23",
      "period": "2024/5",
      "rank": 4,
      "name": "玉木 和惠",
      "shareholding_ratio": 3,
      "shares_held": 871700
    },
    {
      "FY": "FY23",
      "period": "2024/5",
      "rank": 5,
      "name": "玉木 伸弥",
      "shareholding_ratio": 3,
      "shares_held": 871700
    },
    {
      "FY": "FY23",
      "period": "2024/5",
      "rank": 6,
      "name": "玉木 克弥",
      "shareholding_ratio": 3,
      "shares_held": 871700
    },
    {
      "FY": "FY23",
      "period": "2024/5",
      "rank": 7,
      "name": "タマホームグループ従業員持株会",
      "shareholding_ratio": 1.57,
      "shares_held": 455800
    },
    {
      "FY": "FY23",
      "period": "2024/5",
      "rank": 8,
      "name": "株式会社日本カストディ銀行(信託口）",
      "shareholding_ratio": 0.78,
      "shares_held": 226300
    },
    {
      "FY": "FY23",
      "period": "2024/5",
      "rank": 9,
      "name": "株式会社みずほ銀行(常任代理人 株式会社日本カストディ銀行）",
      "shareholding_ratio": 0.38,
      "shares_held": 112500
    },
    {
      "FY": "FY23",
      "period": "2024/5",
      "rank": 10,
      "name": "株式会社三井住友銀行",
      "shareholding_ratio": 0.38,
      "shares_held": 112500
    },
    {
      "FY": "FY23",
      "period": "2024/5",
      "rank": 11,
      "name": "三井住友海上火災保険株式会社",
      "shareholding_ratio": 0.38,
      "shares_held": 112500
    },
    {
      "FY": "FY24",
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