{
  "long_term_commentary": [
    "上場初年度にあたる2006年3月期は経済産業大臣が49.94%を保有する政府主導の構造で、帝国石油やJFEエンジニアリングなど資源・エンジニアリング系の事業会社が続いていた。",
    "同期にはすでに日本トラスティ・サービス信託銀行や日本マスタートラスト信託銀行が上位に並んでおり、政府の安定保有を所与としつつ信託銀行口を通じた機関投資家の保有が形成されていた。"
  ],
  "shareholders": [
    {
      "FY": "FY15",
      "period": "2016/3",
      "rank": 1,
      "name": "経済産業大臣",
      "shareholding_ratio": 34,
      "shares_held": 19432724
    },
    {
      "FY": "FY15",
      "period": "2016/3",
      "rank": 2,
      "name": "国際石油開発帝石株式会社",
      "shareholding_ratio": 4.99,
      "shares_held": 2852212
    },
    {
      "FY": "FY15",
      "period": "2016/3",
      "rank": 3,
      "name": "ＪＦＥエンジニアリング株式会社",
      "shareholding_ratio": 3.23,
      "shares_held": 1848012
    },
    {
      "FY": "FY15",
      "period": "2016/3",
      "rank": 4,
      "name": "日本マスタートラスト信託銀行株式会社（信託口）",
      "shareholding_ratio": 2.51,
      "shares_held": 1436700
    },
    {
      "FY": "FY15",
      "period": "2016/3",
      "rank": 5,
      "name": "STATE STREET BANK AND TRUST COMPANY （常任代理人 香港上海銀行東京支店 カストディ業務部）",
      "shareholding_ratio": 2.16,
      "shares_held": 1236309
    },
    {
      "FY": "FY15",
      "period": "2016/3",
      "rank": 6,
      "name": "JXホールディングス株式会社",
      "shareholding_ratio": 2.01,
      "shares_held": 1149984
    },
    {
      "FY": "FY15",
      "period": "2016/3",
      "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": 1.91,
      "shares_held": 1089600
    },
    {
      "FY": "FY15",
      "period": "2016/3",
      "rank": 8,
      "name": "BNY GCM CLIENT ACCOUNT JPRD AC ISG (FE-AC) （常任代理人 株式会社三菱東京UFJ銀行）",
      "shareholding_ratio": 1.73,
      "shares_held": 989775
    },
    {
      "FY": "FY15",
      "period": "2016/3",
      "rank": 9,
      "name": "日本トラスティ・サービス信託銀行株式会社（信託口４）",
      "shareholding_ratio": 1.42,
      "shares_held": 810400
    },
    {
      "FY": "FY15",
      "period": "2016/3",
      "rank": 10,
      "name": "DEUTSCHE MORGAN GRENFELL (C.I.)LIMITED -GENERAL CLIENT A／C （常任代理人 株式会社みずほ 銀行決済営業部）",
      "shareholding_ratio": 1.36,
      "shares_held": 777952
    },
    {
      "FY": "FY16",
      "period": "2017/3",
      "rank": 1,
      "name": "経済産業大臣",
      "shareholding_ratio": 34,
      "shares_held": 19432724
    },
    {
      "FY": "FY16",
      "period": "2017/3",
      "rank": 2,
      "name": "国際石油開発帝石株式会社",
      "shareholding_ratio": 4.99,
      "shares_held": 2852212
    },
    {
      "FY": "FY16",
      "period": "2017/3",
      "rank": 3,
      "name": "ＪＦＥエンジニアリング株式会社",
      "shareholding_ratio": 3.23,
      "shares_held": 1848012
    },
    {
      "FY": "FY16",
      "period": "2017/3",
      "rank": 4,
      "name": "日本マスタートラスト信託銀行株式会社（信託口）",
      "shareholding_ratio": 2.48,
      "shares_held": 1417400
    },
    {
      "FY": "FY16",
      "period": "2017/3",
      "rank": 5,
      "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": 2.38,
      "shares_held": 1357800
    },
    {
      "FY": "FY16",
      "period": "2017/3",
      "rank": 6,
      "name": "STATE STREET BANK AND TRUST COMPANY （常任代理人 香港上海銀行東京支店 カストディ業務部）",
      "shareholding_ratio": 2.17,
      "shares_held": 1241426
    },
    {
      "FY": "FY16",
      "period": "2017/3",
      "rank": 7,
      "name": "STATE STREET BANK AND TRUST COMPANY 505103 （常任代理人 株式会社みずほ銀行決済営業部）",
      "shareholding_ratio": 1.88,
      "shares_held": 1076039
    },
    {
      "FY": "FY16",
      "period": "2017/3",
      "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４）",
      "shareholding_ratio": 1.75,
      "shares_held": 1000600
    },
    {
      "FY": "FY16",
      "period": "2017/3",
      "rank": 9,
      "name": "BNY GCM CLIENT ACCOUNT JPRD AC ISG（FE-AC) （常任代理人 株式会社三菱東京UFJ銀行）",
      "shareholding_ratio": 1.41,
      "shares_held": 803293
    },
    {
      "FY": "FY16",
      "period": "2017/3",
      "rank": 10,
      "name": "株式会社みずほ銀行",
      "shareholding_ratio": 1.26,
      "shares_held": 720152
    },
    {
      "FY": "FY17",
      "period": "2018/3",
      "rank": 1,
      "name": "経済産業大臣",
      "shareholding_ratio": 34,
      "shares_held": 19432724
    },
    {
      "FY": "FY17",
      "period": "2018/3",
      "rank": 2,
      "name": "国際石油開発帝石株式会社",
      "shareholding_ratio": 4.99,
      "shares_held": 2852212
    },
    {
      "FY": "FY17",
      "period": "2018/3",
      "rank": 3,
      "name": "JFEエンジニアリング株式会社",
      "shareholding_ratio": 3.23,
      "shares_held": 1848012
    },
    {
      "FY": "FY17",
      "period": "2018/3",
      "rank": 4,
      "name": "STATE STREET BANK AND TRUST COMPANY （常任代理人 香港上海銀行東京支店 カストディ業務部）",
      "shareholding_ratio": 2.52,
      "shares_held": 1440020
    },
    {
      "FY": "FY17",
      "period": "2018/3",
      "rank": 5,
      "name": "日本マスタートラスト信託銀行株式会社（信託口）",
      "shareholding_ratio": 2.18,
      "shares_held": 1244200
    },
    {
      "FY": "FY17",
      "period": "2018/3",
      "rank": 6,
      "name": "THE BANK OF NEW YORK 133524 （常任代理人 株式会社みずほ銀行決済営業部）",
      "shareholding_ratio": 2.06,
      "shares_held": 1179600
    },
    {
      "FY": "FY17",
      "period": "2018/3",
      "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４）",
      "shareholding_ratio": 1.87,
      "shares_held": 1066500
    },
    {
      "FY": "FY17",
      "period": "2018/3",
      "rank": 8,
      "name": "ORBIS SICAV （常任代理人 シティバンク、 エヌ・エイ東京支店）",
      "shareholding_ratio": 1.86,
      "shares_held": 1061100
    },
    {
      "FY": "FY17",
      "period": "2018/3",
      "rank": 9,
      "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": 1.64,
      "shares_held": 937000
    },
    {
      "FY": "FY17",
      "period": "2018/3",
      "rank": 10,
      "name": "株式会社みずほ銀行",
      "shareholding_ratio": 1.26,
      "shares_held": 720152
    },
    {
      "FY": "FY18",
      "period": "2019/3",
      "rank": 1,
      "name": "経済産業大臣",
      "shareholding_ratio": 34,
      "shares_held": 19432724
    },
    {
      "FY": "FY18",
      "period": "2019/3",
      "rank": 2,
      "name": "OASIS INVESTMENTS II MASTER FUND LTD. （常任代理人 シティバンク、 エヌ・エイ東京支店）",
      "shareholding_ratio": 5,
      "shares_held": 2856240
    },
    {
      "FY": "FY18",
      "period": "2019/3",
      "rank": 3,
      "name": "国際石油開発帝石株式会社",
      "shareholding_ratio": 4.99,
      "shares_held": 2852212
    },
    {
      "FY": "FY18",
      "period": "2019/3",
      "rank": 4,
      "name": "ORBIS SICAV （常任代理人 シティバンク、 エヌ・エイ東京支店）",
      "shareholding_ratio": 3.47,
      "shares_held": 1981704
    },
    {
      "FY": "FY18",
      "period": "2019/3",
      "rank": 5,
      "name": "JFEエンジニアリング株式会社",
      "shareholding_ratio": 3.23,
      "shares_held": 1848012
    },
    {
      "FY": "FY18",
      "period": "2019/3",
      "rank": 6,
      "name": "日本マスタートラスト信託銀行株式会社（信託口）",
      "shareholding_ratio": 2.97,
      "shares_held": 1699800
    },
    {
      "FY": "FY18",
      "period": "2019/3",
      "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": 2.72,
      "shares_held": 1556100
    },
    {
      "FY": "FY18",
      "period": "2019/3",
      "rank": 8,
      "name": "SSBTC CLIENT OMNIBUS ACCOUNT （常任代理人 香港上海銀行東京支店 カストディ業務部）",
      "shareholding_ratio": 2.55,
      "shares_held": 1457157
    },
    {
      "FY": "FY18",
      "period": "2019/3",
      "rank": 9,
      "name": "THE BANK OF NEW YORK MELLON 140051 （常任代理人 株式会社みずほ銀行決済営業部）",
      "shareholding_ratio": 2.16,
      "shares_held": 1235600
    },
    {
      "FY": "FY18",
      "period": "2019/3",
      "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": 1.34,
      "shares_held": 765300
    },
    {
      "FY": "FY19",
      "period": "2020/3",
      "rank": 1,
      "name": "経済産業大臣",
      "shareholding_ratio": 34,
      "shares_held": 19432724
    },
    {
      "FY": "FY19",
      "period": "2020/3",
      "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": 5.07,
      "shares_held": 2897900
    },
    {
      "FY": "FY19",
      "period": "2020/3",
      "rank": 3,
      "name": "国際石油開発帝石株式会社",
      "shareholding_ratio": 4.99,
      "shares_held": 2852212
    },
    {
      "FY": "FY19",
      "period": "2020/3",
      "rank": 4,
      "name": "JFEエンジニアリング株式会社",
      "shareholding_ratio": 3.23,
      "shares_held": 1848012
    },
    {
      "FY": "FY19",
      "period": "2020/3",
      "rank": 5,
      "name": "ORBIS SICAV （常任代理人 シティバンク、 エヌ・エイ東京支店）",
      "shareholding_ratio": 2.92,
      "shares_held": 1670904
    },
    {
      "FY": "FY19",
      "period": "2020/3",
      "rank": 6,
      "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": 2.16,
      "shares_held": 1233400
    },
    {
      "FY": "FY19",
      "period": "2020/3",
      "rank": 7,
      "name": "THE BANK OF NEW YORK MELLON 140051 （常任代理人 株式会社みずほ銀行決済営業部）",
      "shareholding_ratio": 2.05,
      "shares_held": 1171900
    },
    {
      "FY": "FY19",
      "period": "2020/3",
      "rank": 8,
      "name": "MLI FOR CLIENT GENERAL OMNI NON COLLATERAL NON TREATY－PB （常任代理人 メリルリンチ日本証券株式会社）",
      "shareholding_ratio": 1.82,
      "shares_held": 1040499
    },
    {
      "FY": "FY19",
      "period": "2020/3",
      "rank": 9,
      "name": "SSBTC CLIENT OMNIBUS ACCOUNT （常任代理人 香港上海銀行東京支店 カストディ業務部）",
      "shareholding_ratio": 1.79,
      "shares_held": 1025211
    },
    {
      "FY": "FY19",
      "period": "2020/3",
      "rank": 10,
      "name": "STATE STREET BANK AND TRUST COMPANY 505103 （常任代理人 株式会社みずほ銀行決済営業部）",
      "shareholding_ratio": 1.7,
      "shares_held": 969352
    },
    {
      "FY": "FY20",
      "period": "2021/3",
      "rank": 1,
      "name": "経済産業大臣",
      "shareholding_ratio": 34,
      "shares_held": 19432724
    },
    {
      "FY": "FY20",
      "period": "2021/3",
      "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": 8.36,
      "shares_held": 4780700
    },
    {
      "FY": "FY20",
      "period": "2021/3",
      "rank": 3,
      "name": "国際石油開発帝石株式会社",
      "shareholding_ratio": 4.99,
      "shares_held": 2852212
    },
    {
      "FY": "FY20",
      "period": "2021/3",
      "rank": 4,
      "name": "CEP LUX－ORBIS SICAV （常任代理人 シティバンク、 エヌ・エイ東京支店）",
      "shareholding_ratio": 3.56,
      "shares_held": 2034504
    },
    {
      "FY": "FY20",
      "period": "2021/3",
      "rank": 5,
      "name": "株式会社日本カストディ銀行（信託口）",
      "shareholding_ratio": 2.71,
      "shares_held": 1547600
    },
    {
      "FY": "FY20",
      "period": "2021/3",
      "rank": 6,
      "name": "STATE STREET BANK AND TRUST COMPANY 505103 （常任代理人 株式会社みずほ銀行決済営業部）",
      "shareholding_ratio": 2.66,
      "shares_held": 1518906
    },
    {
      "FY": "FY20",
      "period": "2021/3",
      "rank": 7,
      "name": "NORTHERN TRUST CO. (AVFC) SUB A／C USL NON－TREATY （常任代理人 香港上海銀行東京支店 カストディ業務部）",
      "shareholding_ratio": 2.17,
      "shares_held": 1238900
    },
    {
      "FY": "FY20",
      "period": "2021/3",
      "rank": 8,
      "name": "JFEエンジニアリング株式会社",
      "shareholding_ratio": 1.62,
      "shares_held": 924012
    },
    {
      "FY": "FY20",
      "period": "2021/3",
      "rank": 9,
      "name": "株式会社みずほ銀行",
      "shareholding_ratio": 1.26,
      "shares_held": 720152
    },
    {
      "FY": "FY20",
      "period": "2021/3",
      "rank": 10,
      "name": "株式会社三菱ＵＦＪ銀行",
      "shareholding_ratio": 1.05,
      "shares_held": 600000
    },
    {
      "FY": "FY21",
      "period": "2022/3",
      "rank": 1,
      "name": "経済産業大臣",
      "shareholding_ratio": 34.88,
      "shares_held": 19432724
    },
    {
      "FY": "FY21",
      "period": "2022/3",
      "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": 11.75,
      "shares_held": 6548100
    },
    {
      "FY": "FY21",
      "period": "2022/3",
      "rank": 3,
      "name": "株式会社INPEX",
      "shareholding_ratio": 5.12,
      "shares_held": 2852212
    },
    {
      "FY": "FY21",
      "period": "2022/3",
      "rank": 4,
      "name": "CEP LUX－ORBIS SICAV （常任代理人 シティバンク、 エヌ・エイ東京支店）",
      "shareholding_ratio": 4.07,
      "shares_held": 2269118
    },
    {
      "FY": "FY21",
      "period": "2022/3",
      "rank": 5,
      "name": "株式会社日本カストディ銀行（信託口）",
      "shareholding_ratio": 2.53,
      "shares_held": 1410400
    },
    {
      "FY": "FY21",
      "period": "2022/3",
      "rank": 6,
      "name": "NORTHERN TRUST CO. (AVFC) SUB A／C USL NON－TREATY （常任代理人 香港上海銀行東京支店 カストディ業務部）",
      "shareholding_ratio": 2.35,
      "shares_held": 1307830
    },
    {
      "FY": "FY21",
      "period": "2022/3",
      "rank": 7,
      "name": "JFEエンジニアリング株式会社",
      "shareholding_ratio": 1.66,
      "shares_held": 924012
    },
    {
      "FY": "FY21",
      "period": "2022/3",
      "rank": 8,
      "name": "STATE STREET BANK AND TRUST COMPANY 505103 （常任代理人 株式会社みずほ銀行決済営業部）",
      "shareholding_ratio": 1.61,
      "shares_held": 898020
    },
    {
      "FY": "FY21",
      "period": "2022/3",
      "rank": 9,
      "name": "SSBTC CLIENT OMNIBUS ACCOUNT （常任代理人 香港上海銀行東京支店 カストディ業務部）",
      "shareholding_ratio": 1.33,
      "shares_held": 739634
    },
    {
      "FY": "FY21",
      "period": "2022/3",
      "rank": 10,
      "name": "株式会社みずほ銀行",
      "shareholding_ratio": 1.29,
      "shares_held": 720152
    },
    {
      "FY": "FY22",
      "period": "2023/3",
      "rank": 1,
      "name": "経済産業大臣",
      "shareholding_ratio": 35.79,
      "shares_held": 19432724
    },
    {
      "FY": "FY22",
      "period": "2023/3",
      "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": 11.68,
      "shares_held": 6341800
    },
    {
      "FY": "FY22",
      "period": "2023/3",
      "rank": 3,
      "name": "株式会社INPEX",
      "shareholding_ratio": 5.25,
      "shares_held": 2852212
    },
    {
      "FY": "FY22",
      "period": "2023/3",
      "rank": 4,
      "name": "CEP LUX－ORBIS SICAV （常任代理人 シティバンク、 エヌ・エイ東京支店）",
      "shareholding_ratio": 3.52,
      "shares_held": 1913104
    },
    {
      "FY": "FY22",
      "period": "2023/3",
      "rank": 5,
      "name": "株式会社日本カストディ銀行（信託口）",
      "shareholding_ratio": 2.55,
      "shares_held": 1384500
    },
    {
      "FY": "FY22",
      "period": "2023/3",
      "rank": 6,
      "name": "JFEエンジニアリング株式会社",
      "shareholding_ratio": 1.7,
      "shares_held": 924012
    },
    {
      "FY": "FY22",
      "period": "2023/3",
      "rank": 7,
      "name": "株式会社みずほ銀行",
      "shareholding_ratio": 1.33,
      "shares_held": 720152
    },
    {
      "FY": "FY22",
      "period": "2023/3",
      "rank": 8,
      "name": "JPモルガン証券株式会社",
      "shareholding_ratio": 1.13,
      "shares_held": 615320
    },
    {
      "FY": "FY22",
      "period": "2023/3",
      "rank": 9,
      "name": "JP MORGAN CHASE BANK 385632 （常任代理人 株式会社みずほ銀行決済営業部）",
      "shareholding_ratio": 0.93,
      "shares_held": 504810
    },
    {
      "FY": "FY22",
      "period": "2023/3",
      "rank": 10,
      "name": "STATE STREET BANK AND TRUST COMPANY 505001 （常任代理人 株式会社みずほ銀行決済営業部）",
      "shareholding_ratio": 0.89,
      "shares_held": 482986
    },
    {
      "FY": "FY23",
      "period": "2024/3",
      "rank": 1,
      "name": "経済産業大臣",
      "shareholding_ratio": 36.72,
      "shares_held": 19432724
    },
    {
      "FY": "FY23",
      "period": "2024/3",
      "rank": 2,
      "name": "日本マスタートラスト信託銀行株式会社（信託口）",
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      "source": "有価証券報告書（2006年3月期）"
    }
  ]
}