{
  "commentary": "- FY15時点では信託2口21.69%に農林中央金庫3.08%・みずほ退職給付信託4.98%が続き、JXホールディングス・小野薬品工業を含む親密株主構造だった。\n- FY24では日本マスタートラスト信託銀行24.38%・日本カストディ銀行11.67%で合計36%超に集中し、JPモルガン証券2.97%・SSBTC等の外国機関投資家受け入れが大幅に進行している。",
  "shareholders": [
    {
      "FY": "FY15",
      "period": "2016/3",
      "rank": 1,
      "name": "日本マスタートラスト信託銀行株式会社(信託口)",
      "shareholding_ratio": 13.91,
      "shares_held": 21699000
    },
    {
      "FY": "FY15",
      "period": "2016/3",
      "rank": 2,
      "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": 7.78,
      "shares_held": 12143000
    },
    {
      "FY": "FY15",
      "period": "2016/3",
      "rank": 3,
      "name": "みずほ信託銀行株式会社退職給付信託みずほ銀行口再信託受託者資産管理サービス信託銀行株式会社",
      "shareholding_ratio": 4.98,
      "shares_held": 7769000
    },
    {
      "FY": "FY15",
      "period": "2016/3",
      "rank": 4,
      "name": "農林中央金庫",
      "shareholding_ratio": 3.08,
      "shares_held": 4800000
    },
    {
      "FY": "FY15",
      "period": "2016/3",
      "rank": 5,
      "name": "日産化学取引先持株会",
      "shareholding_ratio": 2.55,
      "shares_held": 3982000
    },
    {
      "FY": "FY15",
      "period": "2016/3",
      "rank": 6,
      "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": 2.26,
      "shares_held": 3520000
    },
    {
      "FY": "FY15",
      "period": "2016/3",
      "rank": 7,
      "name": "ＪＸホールディングス株式会社",
      "shareholding_ratio": 1.65,
      "shares_held": 2573000
    },
    {
      "FY": "FY15",
      "period": "2016/3",
      "rank": 8,
      "name": "日産化学従業員持株会",
      "shareholding_ratio": 1.58,
      "shares_held": 2464000
    },
    {
      "FY": "FY15",
      "period": "2016/3",
      "rank": 9,
      "name": "損害保険ジャパン日本興亜株式会社",
      "shareholding_ratio": 1.53,
      "shares_held": 2380000
    },
    {
      "FY": "FY15",
      "period": "2016/3",
      "rank": 10,
      "name": "小野薬品工業株式会社",
      "shareholding_ratio": 1.52,
      "shares_held": 2376000
    },
    {
      "FY": "FY16",
      "period": "2017/3",
      "rank": 1,
      "name": "日本マスタートラスト信託銀行株式会社(信託口)",
      "shareholding_ratio": 11.73,
      "shares_held": 18061000
    },
    {
      "FY": "FY16",
      "period": "2017/3",
      "rank": 2,
      "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": 8.36,
      "shares_held": 12871000
    },
    {
      "FY": "FY16",
      "period": "2017/3",
      "rank": 3,
      "name": "みずほ信託銀行株式会社退職給付信託みずほ銀行口再信託受託者資産管理サービス信託銀行株式会社",
      "shareholding_ratio": 4.96,
      "shares_held": 7633000
    },
    {
      "FY": "FY16",
      "period": "2017/3",
      "rank": 4,
      "name": "農林中央金庫",
      "shareholding_ratio": 3.12,
      "shares_held": 4800000
    },
    {
      "FY": "FY16",
      "period": "2017/3",
      "rank": 5,
      "name": "日産化学取引先持株会",
      "shareholding_ratio": 2.58,
      "shares_held": 3968000
    },
    {
      "FY": "FY16",
      "period": "2017/3",
      "rank": 6,
      "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": 2.09,
      "shares_held": 3217000
    },
    {
      "FY": "FY16",
      "period": "2017/3",
      "rank": 7,
      "name": "損害保険ジャパン日本興亜株式会社",
      "shareholding_ratio": 1.55,
      "shares_held": 2380000
    },
    {
      "FY": "FY16",
      "period": "2017/3",
      "rank": 8,
      "name": "小野薬品工業株式会社",
      "shareholding_ratio": 1.54,
      "shares_held": 2376000
    },
    {
      "FY": "FY16",
      "period": "2017/3",
      "rank": 9,
      "name": "日産化学従業員持株会",
      "shareholding_ratio": 1.43,
      "shares_held": 2205000
    },
    {
      "FY": "FY16",
      "period": "2017/3",
      "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": 1.37,
      "shares_held": 2108000
    },
    {
      "FY": "FY17",
      "period": "2018/3",
      "rank": 1,
      "name": "日本マスタートラスト信託銀行株式会社(信託口)",
      "shareholding_ratio": 15.47,
      "shares_held": 23117000
    },
    {
      "FY": "FY17",
      "period": "2018/3",
      "rank": 2,
      "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": 7.04,
      "shares_held": 10528000
    },
    {
      "FY": "FY17",
      "period": "2018/3",
      "rank": 3,
      "name": "みずほ信託銀行株式会社退職給付信託みずほ銀行口再信託受託者資産管理サービス信託銀行株式会社",
      "shareholding_ratio": 5.03,
      "shares_held": 7516000
    },
    {
      "FY": "FY17",
      "period": "2018/3",
      "rank": 4,
      "name": "農林中央金庫",
      "shareholding_ratio": 3.21,
      "shares_held": 4800000
    },
    {
      "FY": "FY17",
      "period": "2018/3",
      "rank": 5,
      "name": "日産化学取引先持株会",
      "shareholding_ratio": 2.67,
      "shares_held": 3998000
    },
    {
      "FY": "FY17",
      "period": "2018/3",
      "rank": 6,
      "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": 1.94,
      "shares_held": 2905000
    },
    {
      "FY": "FY17",
      "period": "2018/3",
      "rank": 7,
      "name": "損害保険ジャパン日本興亜株式会社",
      "shareholding_ratio": 1.59,
      "shares_held": 2380000
    },
    {
      "FY": "FY17",
      "period": "2018/3",
      "rank": 8,
      "name": "小野薬品工業株式会社",
      "shareholding_ratio": 1.59,
      "shares_held": 2376000
    },
    {
      "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5)",
      "shareholding_ratio": 1.56,
      "shares_held": 2329000
    },
    {
      "FY": "FY17",
      "period": "2018/3",
      "rank": 10,
      "name": "ステート ストリート バンク ウェスト クライアント トリーティー 505234",
      "shareholding_ratio": 1.46,
      "shares_held": 2184000
    },
    {
      "FY": "FY18",
      "period": "2019/3",
      "rank": 1,
      "name": "日本マスタートラスト信託銀行株式会社(信託口)",
      "shareholding_ratio": 17.73,
      "shares_held": 26203000
    },
    {
      "FY": "FY18",
      "period": "2019/3",
      "rank": 2,
      "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": 7.9,
      "shares_held": 11678000
    },
    {
      "FY": "FY18",
      "period": "2019/3",
      "rank": 3,
      "name": "みずほ信託銀行株式会社退職給付信託 みずほ銀行口 再信託受託者 資産管理サービス信託銀行株式会社",
      "shareholding_ratio": 5.02,
      "shares_held": 7418000
    },
    {
      "FY": "FY18",
      "period": "2019/3",
      "rank": 4,
      "name": "農林中央金庫",
      "shareholding_ratio": 3.25,
      "shares_held": 4800000
    },
    {
      "FY": "FY18",
      "period": "2019/3",
      "rank": 5,
      "name": "日産化学 取引先持株会",
      "shareholding_ratio": 2.63,
      "shares_held": 3890000
    },
    {
      "FY": "FY18",
      "period": "2019/3",
      "rank": 6,
      "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": 2.22,
      "shares_held": 3288000
    },
    {
      "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5)",
      "shareholding_ratio": 1.6,
      "shares_held": 2360000
    },
    {
      "FY": "FY18",
      "period": "2019/3",
      "rank": 8,
      "name": "JP MORGAN CHASE BANK 385151(常任代理人 株式会社みずほ銀行決済営業部)",
      "shareholding_ratio": 1.45,
      "shares_held": 2147000
    },
    {
      "FY": "FY18",
      "period": "2019/3",
      "rank": 9,
      "name": "小野薬品工業株式会社",
      "shareholding_ratio": 1.34,
      "shares_held": 1983000
    },
    {
      "FY": "FY18",
      "period": "2019/3",
      "rank": 10,
      "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": 1.33,
      "shares_held": 1958000
    },
    {
      "FY": "FY19",
      "period": "2020/3",
      "rank": 1,
      "name": "日本マスタートラスト信託銀行株式会社(信託口)",
      "shareholding_ratio": 18.24,
      "shares_held": 26563000
    },
    {
      "FY": "FY19",
      "period": "2020/3",
      "rank": 2,
      "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": 8.44,
      "shares_held": 12288000
    },
    {
      "FY": "FY19",
      "period": "2020/3",
      "rank": 3,
      "name": "みずほ信託銀行株式会社退職給付信託 みずほ銀行口 再信託受託者 資産管理サービス信託銀行株式会社",
      "shareholding_ratio": 5,
      "shares_held": 7276000
    },
    {
      "FY": "FY19",
      "period": "2020/3",
      "rank": 4,
      "name": "農林中央金庫",
      "shareholding_ratio": 3.3,
      "shares_held": 4800000
    },
    {
      "FY": "FY19",
      "period": "2020/3",
      "rank": 5,
      "name": "日産化学 取引先持株会",
      "shareholding_ratio": 2.68,
      "shares_held": 3901000
    },
    {
      "FY": "FY19",
      "period": "2020/3",
      "rank": 6,
      "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": 1.84,
      "shares_held": 2679000
    },
    {
      "FY": "FY19",
      "period": "2020/3",
      "rank": 7,
      "name": "JP MORGAN CHASE BANK 385151(常任代理人 株式会社みずほ銀行決済営業部)",
      "shareholding_ratio": 1.62,
      "shares_held": 2356000
    },
    {
      "FY": "FY19",
      "period": "2020/3",
      "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": 1.52,
      "shares_held": 2215000
    },
    {
      "FY": "FY19",
      "period": "2020/3",
      "rank": 9,
      "name": "小野薬品工業株式会社",
      "shareholding_ratio": 1.36,
      "shares_held": 1983000
    },
    {
      "FY": "FY19",
      "period": "2020/3",
      "rank": 10,
      "name": "日産化学従業員持株会",
      "shareholding_ratio": 1.28,
      "shares_held": 1868000
    },
    {
      "FY": "FY20",
      "period": "2021/3",
      "rank": 1,
      "name": "日本マスタートラスト信託銀行株式会社(信託口)",
      "shareholding_ratio": 19.97,
      "shares_held": 28724000
    },
    {
      "FY": "FY20",
      "period": "2021/3",
      "rank": 2,
      "name": "株式会社日本カストディ銀行（信託口）",
      "shareholding_ratio": 8.81,
      "shares_held": 12663000
    },
    {
      "FY": "FY20",
      "period": "2021/3",
      "rank": 3,
      "name": "みずほ信託銀行株式会社 退職給付信託 みずほ銀行口 再信託受託者 株式会社日本カストディ銀行",
      "shareholding_ratio": 4.01,
      "shares_held": 5767000
    },
    {
      "FY": "FY20",
      "period": "2021/3",
      "rank": 4,
      "name": "農林中央金庫",
      "shareholding_ratio": 3.34,
      "shares_held": 4800000
    },
    {
      "FY": "FY20",
      "period": "2021/3",
      "rank": 5,
      "name": "日産化学 取引先持株会",
      "shareholding_ratio": 2.7,
      "shares_held": 3885000
    },
    {
      "FY": "FY20",
      "period": "2021/3",
      "rank": 6,
      "name": "株式会社日本カストディ銀行（証券投資信託口）",
      "shareholding_ratio": 1.87,
      "shares_held": 2682000
    },
    {
      "FY": "FY20",
      "period": "2021/3",
      "rank": 7,
      "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": 1.3,
      "shares_held": 1871000
    },
    {
      "FY": "FY20",
      "period": "2021/3",
      "rank": 8,
      "name": "明治安田生命保険相互会社(常任代理人 株式会社日本カストディ銀行)",
      "shareholding_ratio": 1.29,
      "shares_held": 1861000
    },
    {
      "FY": "FY20",
      "period": "2021/3",
      "rank": 9,
      "name": "日産化学従業員持株会",
      "shareholding_ratio": 1.21,
      "shares_held": 1742000
    },
    {
      "FY": "FY20",
      "period": "2021/3",
      "rank": 10,
      "name": "小野薬品工業株式会社",
      "shareholding_ratio": 1.19,
      "shares_held": 1704000
    },
    {
      "FY": "FY21",
      "period": "2022/3",
      "rank": 1,
      "name": "日本マスタートラスト信託銀行株式会社(信託口)",
      "shareholding_ratio": 26.58,
      "shares_held": 37687000
    },
    {
      "FY": "FY21",
      "period": "2022/3",
      "rank": 2,
      "name": "株式会社日本カストディ銀行（信託口）",
      "shareholding_ratio": 9.82,
      "shares_held": 13927000
    },
    {
      "FY": "FY21",
      "period": "2022/3",
      "rank": 3,
      "name": "みずほ信託銀行株式会社 退職給付信託 みずほ銀行口 再信託受託者 株式会社日本カストディ銀行",
      "shareholding_ratio": 4.07,
      "shares_held": 5767000
    },
    {
      "FY": "FY21",
      "period": "2022/3",
      "rank": 4,
      "name": "農林中央金庫",
      "shareholding_ratio": 3.39,
      "shares_held": 4800000
    },
    {
      "FY": "FY21",
      "period": "2022/3",
      "rank": 5,
      "name": "日産化学 取引先持株会",
      "shareholding_ratio": 2.57,
      "shares_held": 3647000
    },
    {
      "FY": "FY21",
      "period": "2022/3",
      "rank": 6,
      "name": "株式会社日本カストディ銀行（証券投資信託口）",
      "shareholding_ratio": 1.99,
      "shares_held": 2828000
    },
    {
      "FY": "FY21",
      "period": "2022/3",
      "rank": 7,
      "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": 1.4,
      "shares_held": 1983000
    },
    {
      "FY": "FY21",
      "period": "2022/3",
      "rank": 8,
      "name": "明治安田生命保険相互会社(常任代理人 株式会社日本カストディ銀行)",
      "shareholding_ratio": 1.31,
      "shares_held": 1861000
    },
    {
      "FY": "FY21",
      "period": "2022/3",
      "rank": 9,
      "name": "JP MORGAN CHASE BANK 385781(常任代理人 株式会社みずほ銀行決済営業部)",
      "shareholding_ratio": 1.23,
      "shares_held": 1745000
    },
    {
      "FY": "FY21",
      "period": "2022/3",
      "rank": 10,
      "name": "日産化学従業員持株会",
      "shareholding_ratio": 1.17,
      "shares_held": 1655000
    },
    {
      "FY": "FY22",
      "period": "2023/3",
      "rank": 1,
      "name": "日本マスタートラスト信託銀行株式会社(信託口)",
      "shareholding_ratio": 25.33,
      "shares_held": 35569000
    },
    {
      "FY": "FY22",
      "period": "2023/3",
      "rank": 2,
      "name": "株式会社日本カストディ銀行（信託口）",
      "shareholding_ratio": 10.68,
      "shares_held": 14996000
    },
    {
      "FY": "FY22",
      "period": "2023/3",
      "rank": 3,
      "name": "みずほ信託銀行株式会社 退職給付信託 みずほ銀行口 再信託受託者 株式会社日本カストディ銀行",
      "shareholding_ratio": 4.11,
      "shares_held": 5767000
    },
    {
      "FY": "FY22",
      "period": "2023/3",
      "rank": 4,
      "name": "農林中央金庫",
      "shareholding_ratio": 3.42,
      "shares_held": 4800000
    },
    {
      "FY": "FY22",
      "period": "2023/3",
      "rank": 5,
      "name": "日産化学 取引先持株会",
      "shareholding_ratio": 2.61,
      "shares_held": 3671000
    },
    {
      "FY": "FY22",
      "period": "2023/3",
      "rank": 6,
      "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": 1.57,
      "shares_held": 2200000
    },
    {
      "FY": "FY22",
      "period": "2023/3",
      "rank": 7,
      "name": "明治安田生命保険相互会社",
      "shareholding_ratio": 1.33,
      "shares_held": 1861000
    },
    {
      "FY": "FY22",
      "period": "2023/3",
      "rank": 8,
      "name": "JP MORGAN CHASE BANK 385781(常任代理人 株式会社みずほ銀行決済営業部)",
      "shareholding_ratio": 1.25,
      "shares_held": 1756000
    },
    {
      "FY": "FY22",
      "period": "2023/3",
      "rank": 9,
      "name": "三井住友信託銀行株式会社",
      "shareholding_ratio": 1.14,
      "shares_held": 1600000
    },
    {
      "FY": "FY22",
      "period": "2023/3",
      "rank": 10,
      "name": "損害保険ジャパン株式会社",
      "shareholding_ratio": 1.1,
      "shares_held": 1547000
    },
    {
      "FY": "FY23",
      "period": "2024/3",
      "rank": 1,
      "name": "日本マスタートラスト信託銀行株式会社(信託口)",
      "shareholding_ratio": 23.68,
      "shares_held": 32860000
    },
    {
      "FY": "FY23",
      "period": "2024/3",
      "rank": 2,
      "name": "株式会社日本カストディ銀行（信託口）",
      "shareholding_ratio": 10.3,
      "shares_held": 14293000
    },
    {
      "FY": "FY23",
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