{
  "commentary": "- FY15からFY24まで筆頭株主はペプシコ傘下のFRITO-LAY GLOBAL INVESTMENTSが約20%、創業家松尾家の一般社団法人幹の会が14〜17%で並ぶ二本柱の構造が継続している。\n- FY24では日本マスタートラスト信託銀行10.46%が第3位に定着し、JPモルガン・GICなど外国法人も上位に入る機関投資家比率の高い構成となっている。",
  "shareholders": [
    {
      "FY": "FY15",
      "period": "2016/3",
      "rank": 1,
      "name": "FRITO-LAY GLOBAL INVESTMENTSB.V.(常任代理人 株式会社みずほ銀 行決済営業部)",
      "shareholding_ratio": 20.03,
      "shares_held": 26800000
    },
    {
      "FY": "FY15",
      "period": "2016/3",
      "rank": 2,
      "name": "一般社団法人幹の会",
      "shareholding_ratio": 17.17,
      "shares_held": 22970000
    },
    {
      "FY": "FY15",
      "period": "2016/3",
      "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": 2.93,
      "shares_held": 3925000
    },
    {
      "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": 2.69,
      "shares_held": 3603000
    },
    {
      "FY": "FY15",
      "period": "2016/3",
      "rank": 5,
      "name": "THE BANK OF NEW YORK，NON-TREATY JASDEC ACCOUNT(常任代理人 株式会社三菱東京UFJ銀行)",
      "shareholding_ratio": 2.29,
      "shares_held": 3069000
    },
    {
      "FY": "FY15",
      "period": "2016/3",
      "rank": 6,
      "name": "カルビー従業員持株会",
      "shareholding_ratio": 1.97,
      "shares_held": 2633000
    },
    {
      "FY": "FY15",
      "period": "2016/3",
      "rank": 7,
      "name": "鳥越製粉株式会社",
      "shareholding_ratio": 1.45,
      "shares_held": 1936000
    },
    {
      "FY": "FY15",
      "period": "2016/3",
      "rank": 8,
      "name": "STATE STREET BANK AND TRUSTCOMPANY(常任代理人 香港上海銀行東京 支店)",
      "shareholding_ratio": 1.34,
      "shares_held": 1787000
    },
    {
      "FY": "FY15",
      "period": "2016/3",
      "rank": 9,
      "name": "BNYM TREATY DTT 15(常任代理人 株式会社三菱東京UFJ銀行)",
      "shareholding_ratio": 1.05,
      "shares_held": 1409000
    },
    {
      "FY": "FY15",
      "period": "2016/3",
      "rank": 10,
      "name": "BBH FOR MATTHEWS JAPAN FUND(常任代理人 株式会社三菱東京UFJ銀行)",
      "shareholding_ratio": 0.99,
      "shares_held": 1323000
    },
    {
      "FY": "FY16",
      "period": "2017/3",
      "rank": 1,
      "name": "FRITO-LAY GLOBAL INVESTMENTSB.V.(常任代理人 株式会社みずほ銀 行決済営業部)",
      "shareholding_ratio": 20.03,
      "shares_held": 26800000
    },
    {
      "FY": "FY16",
      "period": "2017/3",
      "rank": 2,
      "name": "一般社団法人幹の会",
      "shareholding_ratio": 17.16,
      "shares_held": 22970000
    },
    {
      "FY": "FY16",
      "period": "2017/3",
      "rank": 3,
      "name": "STATE STREET BANK AND TRUSTCOMPANY(常任代理人 香港上海銀行東京 支店)",
      "shareholding_ratio": 4.09,
      "shares_held": 5469000
    },
    {
      "FY": "FY16",
      "period": "2017/3",
      "rank": 4,
      "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": 2.61,
      "shares_held": 3498000
    },
    {
      "FY": "FY16",
      "period": "2017/3",
      "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": 2.24,
      "shares_held": 2993000
    },
    {
      "FY": "FY16",
      "period": "2017/3",
      "rank": 6,
      "name": "カルビー従業員持株会",
      "shareholding_ratio": 1.87,
      "shares_held": 2505000
    },
    {
      "FY": "FY16",
      "period": "2017/3",
      "rank": 7,
      "name": "鳥越製粉株式会社",
      "shareholding_ratio": 1.45,
      "shares_held": 1936000
    },
    {
      "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５）",
      "shareholding_ratio": 1.25,
      "shares_held": 1679000
    },
    {
      "FY": "FY16",
      "period": "2017/3",
      "rank": 9,
      "name": "THE BANK OF NEW YORK，NON-TREATY JASDEC ACCOUNT(常任代理人 株式会社三菱東京UFJ銀行)",
      "shareholding_ratio": 1.15,
      "shares_held": 1534000
    },
    {
      "FY": "FY16",
      "period": "2017/3",
      "rank": 10,
      "name": "資産管理サービス信託銀行株式会社（証券投資信託口）",
      "shareholding_ratio": 1.04,
      "shares_held": 1386000
    },
    {
      "FY": "FY17",
      "period": "2018/3",
      "rank": 1,
      "name": "FRITO-LAY GLOBAL INVESTMENTSB.V.(常任代理人 株式会社みずほ銀 行決済営業部)",
      "shareholding_ratio": 20.02,
      "shares_held": 26800000
    },
    {
      "FY": "FY17",
      "period": "2018/3",
      "rank": 2,
      "name": "一般社団法人幹の会",
      "shareholding_ratio": 16.93,
      "shares_held": 22660000
    },
    {
      "FY": "FY17",
      "period": "2018/3",
      "rank": 3,
      "name": "STATE STREET BANK AND TRUSTCOMPANY(常任代理人 香港上海銀行東京 支店)",
      "shareholding_ratio": 4.86,
      "shares_held": 6508000
    },
    {
      "FY": "FY17",
      "period": "2018/3",
      "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": 2.21,
      "shares_held": 2955000
    },
    {
      "FY": "FY17",
      "period": "2018/3",
      "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": 2.21,
      "shares_held": 2954000
    },
    {
      "FY": "FY17",
      "period": "2018/3",
      "rank": 6,
      "name": "THE BANK OF NEW YORK MELLON SA/NV 10(株式会社三菱東京ＵＦＪ銀行)",
      "shareholding_ratio": 2.18,
      "shares_held": 2918000
    },
    {
      "FY": "FY17",
      "period": "2018/3",
      "rank": 7,
      "name": "カルビー従業員持株会",
      "shareholding_ratio": 1.76,
      "shares_held": 2361000
    },
    {
      "FY": "FY17",
      "period": "2018/3",
      "rank": 8,
      "name": "資産管理サービス信託銀行株式会社（証券投資信託口）",
      "shareholding_ratio": 1.55,
      "shares_held": 2077000
    },
    {
      "FY": "FY17",
      "period": "2018/3",
      "rank": 9,
      "name": "鳥越製粉株式会社",
      "shareholding_ratio": 1.45,
      "shares_held": 1936000
    },
    {
      "FY": "FY17",
      "period": "2018/3",
      "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": 1.3,
      "shares_held": 1746000
    },
    {
      "FY": "FY18",
      "period": "2019/3",
      "rank": 1,
      "name": "FRITO-LAY GLOBAL INVESTMENTSB.V.(常任代理人 株式会社みずほ銀 行決済営業部)",
      "shareholding_ratio": 20.01,
      "shares_held": 26800000
    },
    {
      "FY": "FY18",
      "period": "2019/3",
      "rank": 2,
      "name": "一般社団法人幹の会",
      "shareholding_ratio": 16.16,
      "shares_held": 21640000
    },
    {
      "FY": "FY18",
      "period": "2019/3",
      "rank": 3,
      "name": "日本マスタートラスト信託銀行株式会社（信託口）",
      "shareholding_ratio": 3.49,
      "shares_held": 4671000
    },
    {
      "FY": "FY18",
      "period": "2019/3",
      "rank": 4,
      "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": 2.91,
      "shares_held": 3899000
    },
    {
      "FY": "FY18",
      "period": "2019/3",
      "rank": 5,
      "name": "資産管理サービス信託銀行株式会社（証券投資信託口）",
      "shareholding_ratio": 2.4,
      "shares_held": 3213000
    },
    {
      "FY": "FY18",
      "period": "2019/3",
      "rank": 6,
      "name": "STATE STREET BANK AND TRUST COMPANY(常任代理人 株式会社みずほ銀行決済営業部)",
      "shareholding_ratio": 1.66,
      "shares_held": 2218000
    },
    {
      "FY": "FY18",
      "period": "2019/3",
      "rank": 7,
      "name": "カルビー従業員持株会",
      "shareholding_ratio": 1.65,
      "shares_held": 2203000
    },
    {
      "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)",
      "shareholding_ratio": 1.58,
      "shares_held": 2110000
    },
    {
      "FY": "FY18",
      "period": "2019/3",
      "rank": 9,
      "name": "J.P. MORGAN BANK LUXEMBOURG S.A. (常任代理人 株式会社みずほ銀行決済営業部)",
      "shareholding_ratio": 1.46,
      "shares_held": 1958000
    },
    {
      "FY": "FY18",
      "period": "2019/3",
      "rank": 10,
      "name": "鳥越製粉株式会社",
      "shareholding_ratio": 1.45,
      "shares_held": 1936000
    },
    {
      "FY": "FY19",
      "period": "2020/3",
      "rank": 1,
      "name": "FRITO-LAY GLOBAL INVESTMENTSB.V.(常任代理人 株式会社みずほ銀行決済営業部)",
      "shareholding_ratio": 20.01,
      "shares_held": 26800000
    },
    {
      "FY": "FY19",
      "period": "2020/3",
      "rank": 2,
      "name": "一般社団法人幹の会",
      "shareholding_ratio": 14.14,
      "shares_held": 18940000
    },
    {
      "FY": "FY19",
      "period": "2020/3",
      "rank": 3,
      "name": "日本マスタートラスト信託銀行株式会社（信託口）",
      "shareholding_ratio": 4.71,
      "shares_held": 6313000
    },
    {
      "FY": "FY19",
      "period": "2020/3",
      "rank": 4,
      "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": 3.16,
      "shares_held": 4233000
    },
    {
      "FY": "FY19",
      "period": "2020/3",
      "rank": 5,
      "name": "STATE STREET BANK AND TRUST COMPANY (常任代理人 株式会社みずほ銀行決済営業部)",
      "shareholding_ratio": 1.74,
      "shares_held": 2329000
    },
    {
      "FY": "FY19",
      "period": "2020/3",
      "rank": 6,
      "name": "カルビー従業員持株会",
      "shareholding_ratio": 1.58,
      "shares_held": 2121000
    },
    {
      "FY": "FY19",
      "period": "2020/3",
      "rank": 7,
      "name": "鳥越製粉株式会社",
      "shareholding_ratio": 1.45,
      "shares_held": 1936000
    },
    {
      "FY": "FY19",
      "period": "2020/3",
      "rank": 8,
      "name": "資産管理サービス信託銀行株式会社（証券投資信託口）",
      "shareholding_ratio": 1.39,
      "shares_held": 1862000
    },
    {
      "FY": "FY19",
      "period": "2020/3",
      "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５）",
      "shareholding_ratio": 1.39,
      "shares_held": 1862000
    },
    {
      "FY": "FY19",
      "period": "2020/3",
      "rank": 10,
      "name": "STATE STREET BANK AND TRUST COMPANY (常任代理人 株式会社みずほ銀行決済営業部)",
      "shareholding_ratio": 1.29,
      "shares_held": 1732000
    },
    {
      "FY": "FY20",
      "period": "2021/3",
      "rank": 1,
      "name": "FRITO-LAY GLOBAL INVESTMENTSB.V.(常任代理人 株式会社みずほ銀行決済営業部)",
      "shareholding_ratio": 20.01,
      "shares_held": 26800000
    },
    {
      "FY": "FY20",
      "period": "2021/3",
      "rank": 2,
      "name": "一般社団法人幹の会",
      "shareholding_ratio": 14.08,
      "shares_held": 18860000
    },
    {
      "FY": "FY20",
      "period": "2021/3",
      "rank": 3,
      "name": "日本マスタートラスト信託銀行株式会社（信託口）",
      "shareholding_ratio": 5.69,
      "shares_held": 7622000
    },
    {
      "FY": "FY20",
      "period": "2021/3",
      "rank": 4,
      "name": "株式会社日本カストディ銀行（信託口）",
      "shareholding_ratio": 3.27,
      "shares_held": 4373000
    },
    {
      "FY": "FY20",
      "period": "2021/3",
      "rank": 5,
      "name": "THE BANK OF NEW YORK MELLON (常任代理人 株式会社みずほ銀行決済営業部)",
      "shareholding_ratio": 2.92,
      "shares_held": 3912000
    },
    {
      "FY": "FY20",
      "period": "2021/3",
      "rank": 6,
      "name": "カルビー従業員持株会",
      "shareholding_ratio": 1.59,
      "shares_held": 2135000
    },
    {
      "FY": "FY20",
      "period": "2021/3",
      "rank": 7,
      "name": "鳥越製粉株式会社",
      "shareholding_ratio": 1.45,
      "shares_held": 1936000
    },
    {
      "FY": "FY20",
      "period": "2021/3",
      "rank": 8,
      "name": "STATE STREET BANK AND TRUST COMPANY (常任代理人 株式会社みずほ銀行決済営業部)",
      "shareholding_ratio": 1.18,
      "shares_held": 1585000
    },
    {
      "FY": "FY20",
      "period": "2021/3",
      "rank": 9,
      "name": "STATE STREET BANK WEST CLIENT - TREATY 505234(常任代理人 株式会社みずほ銀行決済営業部)",
      "shareholding_ratio": 1.13,
      "shares_held": 1515000
    },
    {
      "FY": "FY20",
      "period": "2021/3",
      "rank": 10,
      "name": "THE BANK OF NEW YORK 134105(常任代理人 株式会社みずほ銀行決済営業部)",
      "shareholding_ratio": 1.05,
      "shares_held": 1408000
    },
    {
      "FY": "FY21",
      "period": "2022/3",
      "rank": 1,
      "name": "FRITO-LAY GLOBAL INVESTMENTSB.V.(常任代理人 株式会社みずほ銀行決済営業部)",
      "shareholding_ratio": 20.71,
      "shares_held": 26800000
    },
    {
      "FY": "FY21",
      "period": "2022/3",
      "rank": 2,
      "name": "一般社団法人幹の会",
      "shareholding_ratio": 14.34,
      "shares_held": 18560000
    },
    {
      "FY": "FY21",
      "period": "2022/3",
      "rank": 3,
      "name": "日本マスタートラスト信託銀行株式会社（信託口）",
      "shareholding_ratio": 11.6,
      "shares_held": 15004000
    },
    {
      "FY": "FY21",
      "period": "2022/3",
      "rank": 4,
      "name": "GIC PRIVATE LIMITED - C(常任代理人 株式会社三菱UFJ銀行決済事業部）",
      "shareholding_ratio": 4.68,
      "shares_held": 6054000
    },
    {
      "FY": "FY21",
      "period": "2022/3",
      "rank": 5,
      "name": "THE BANK OF NEW YORK MELLON (常任代理人 株式会社みずほ銀行決済営業部)",
      "shareholding_ratio": 3.99,
      "shares_held": 5160000
    },
    {
      "FY": "FY21",
      "period": "2022/3",
      "rank": 6,
      "name": "株式会社日本カストディ銀行（信託口）",
      "shareholding_ratio": 3.14,
      "shares_held": 4066000
    },
    {
      "FY": "FY21",
      "period": "2022/3",
      "rank": 7,
      "name": "カルビー従業員持株会",
      "shareholding_ratio": 1.61,
      "shares_held": 2080000
    },
    {
      "FY": "FY21",
      "period": "2022/3",
      "rank": 8,
      "name": "鳥越製粉株式会社",
      "shareholding_ratio": 1.5,
      "shares_held": 1936000
    },
    {
      "FY": "FY21",
      "period": "2022/3",
      "rank": 9,
      "name": "THE BANK OF NEW YORK(常任代理人 株式会社みずほ銀行決済営業部)",
      "shareholding_ratio": 1.24,
      "shares_held": 1600000
    },
    {
      "FY": "FY21",
      "period": "2022/3",
      "rank": 10,
      "name": "BANQUE DE LUXEMBOURG - CLIENT ACCOUNT(常任代理人 株式会社三菱UFJ銀行決済事業部）",
      "shareholding_ratio": 0.99,
      "shares_held": 1283000
    },
    {
      "FY": "FY22",
      "period": "2023/3",
      "rank": 1,
      "name": "FRITO-LAY GLOBAL INVESTMENTS B.V. (常任代理人 株式会社みずほ銀行決済営業部)",
      "shareholding_ratio": 21.41,
      "shares_held": 26800000
    },
    {
      "FY": "FY22",
      "period": "2023/3",
      "rank": 2,
      "name": "一般社団法人幹の会",
      "shareholding_ratio": 14.6,
      "shares_held": 18280000
    },
    {
      "FY": "FY22",
      "period": "2023/3",
      "rank": 3,
      "name": "日本マスタートラスト信託銀行株式会社（信託口）",
      "shareholding_ratio": 11.3,
      "shares_held": 14140000
    },
    {
      "FY": "FY22",
      "period": "2023/3",
      "rank": 4,
      "name": "株式会社日本カストディ銀行（信託口）",
      "shareholding_ratio": 3.87,
      "shares_held": 4842000
    },
    {
      "FY": "FY22",
      "period": "2023/3",
      "rank": 5,
      "name": "THE BANK OF NEW YORK MELLON (常任代理人 株式会社みずほ銀行決済営業部)",
      "shareholding_ratio": 3.42,
      "shares_held": 4277000
    },
    {
      "FY": "FY22",
      "period": "2023/3",
      "rank": 6,
      "name": "GIC PRIVATE LIMITED - C(常任代理人 株式会社三菱UFJ銀行決済事業部）",
      "shareholding_ratio": 2.94,
      "shares_held": 3678000
    },
    {
      "FY": "FY22",
      "period": "2023/3",
      "rank": 7,
      "name": "カルビー従業員持株会",
      "shareholding_ratio": 1.67,
      "shares_held": 2093000
    },
    {
      "FY": "FY22",
      "period": "2023/3",
      "rank": 8,
      "name": "鳥越製粉株式会社",
      "shareholding_ratio": 1.55,
      "shares_held": 1936000
    },
    {
      "FY": "FY22",
      "period": "2023/3",
      "rank": 9,
      "name": "THE BANK OF NEW YORK (常任代理人 株式会社みずほ銀行決済営業部)",
      "shareholding_ratio": 1.28,
      "shares_held": 1600000
    },
    {
      "FY": "FY22",
      "period": "2023/3",
      "rank": 10,
      "name": "STATE STREET BANK AND TRUST COMPANY (常任代理人 株式会社みずほ銀行決済営業部）",
      "shareholding_ratio": 0.86,
      "shares_held": 1073000
    },
    {
      "FY": "FY23",
      "period": "2024/3",
      "rank": 1,
      "name": "FRITO-LAY GLOBAL INVESTMENTS B.V. (常任代理人 株式会社みずほ銀行決済営業部)",
      "shareholding_ratio": 21.41,
      "shares_held": 26800000
    },
    {
      "FY": "FY23",
      "period": "2024/3",
      "rank": 2,
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