{
  "commentary": "- FY15時点では信託2口12.52%にみずほ銀行3.39%・三井住友信託銀行・山口銀行・三井住友海上・日本生命など金融親密株主が並ぶ伝統的構造だった。\n- FY24では日本マスタートラスト信託銀行16.14%・日本カストディ銀行6.75%へ集中し、Northern Trust（Silchester International）3.12%等の海外バリュー投資家が新たに3位に登場している。",
  "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": 6.69,
      "shares_held": 43503000
    },
    {
      "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": 5.83,
      "shares_held": 37924000
    },
    {
      "FY": "FY15",
      "period": "2016/3",
      "rank": 3,
      "name": "株式会社みずほ銀行",
      "shareholding_ratio": 3.39,
      "shares_held": 22057000
    },
    {
      "FY": "FY15",
      "period": "2016/3",
      "rank": 4,
      "name": "三井住友海上火災保険株式会社",
      "shareholding_ratio": 2.55,
      "shares_held": 16559000
    },
    {
      "FY": "FY15",
      "period": "2016/3",
      "rank": 5,
      "name": "三井住友信託銀行株式会社",
      "shareholding_ratio": 2.31,
      "shares_held": 15004000
    },
    {
      "FY": "FY15",
      "period": "2016/3",
      "rank": 6,
      "name": "日本生命保険相互会社",
      "shareholding_ratio": 2.06,
      "shares_held": 13366000
    },
    {
      "FY": "FY15",
      "period": "2016/3",
      "rank": 7,
      "name": "農林中央金庫",
      "shareholding_ratio": 2,
      "shares_held": 12985000
    },
    {
      "FY": "FY15",
      "period": "2016/3",
      "rank": 8,
      "name": "株式会社山口銀行",
      "shareholding_ratio": 1.53,
      "shares_held": 9944000
    },
    {
      "FY": "FY15",
      "period": "2016/3",
      "rank": 9,
      "name": "東ソー共和会",
      "shareholding_ratio": 1.53,
      "shares_held": 9935000
    },
    {
      "FY": "FY15",
      "period": "2016/3",
      "rank": 10,
      "name": "ジェーピー モルガン チェース バンク ３８０６３４（常任代理人 株式会社みずほ銀行決済営業部）",
      "shareholding_ratio": 1.41,
      "shares_held": 9156000
    },
    {
      "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": 6.44,
      "shares_held": 41841000
    },
    {
      "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": 4.84,
      "shares_held": 31480000
    },
    {
      "FY": "FY16",
      "period": "2017/3",
      "rank": 3,
      "name": "株式会社みずほ銀行",
      "shareholding_ratio": 3.39,
      "shares_held": 22057000
    },
    {
      "FY": "FY16",
      "period": "2017/3",
      "rank": 4,
      "name": "チェース マンハッタン バンク ジーティーエス（常任代理人 株式会社みずほ銀行決済営業部）",
      "shareholding_ratio": 2.76,
      "shares_held": 17962000
    },
    {
      "FY": "FY16",
      "period": "2017/3",
      "rank": 5,
      "name": "三井住友信託銀行株式会社",
      "shareholding_ratio": 2.31,
      "shares_held": 15004000
    },
    {
      "FY": "FY16",
      "period": "2017/3",
      "rank": 6,
      "name": "三井住友海上火災保険株式会社",
      "shareholding_ratio": 2.29,
      "shares_held": 14904000
    },
    {
      "FY": "FY16",
      "period": "2017/3",
      "rank": 7,
      "name": "日本生命保険相互会社",
      "shareholding_ratio": 2.06,
      "shares_held": 13366000
    },
    {
      "FY": "FY16",
      "period": "2017/3",
      "rank": 8,
      "name": "農林中央金庫",
      "shareholding_ratio": 2,
      "shares_held": 12985000
    },
    {
      "FY": "FY16",
      "period": "2017/3",
      "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": 1.71,
      "shares_held": 11125000
    },
    {
      "FY": "FY16",
      "period": "2017/3",
      "rank": 10,
      "name": "株式会社山口銀行",
      "shareholding_ratio": 1.53,
      "shares_held": 9944000
    },
    {
      "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": 6.14,
      "shares_held": 19948000
    },
    {
      "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": 4.7,
      "shares_held": 15273000
    },
    {
      "FY": "FY17",
      "period": "2018/3",
      "rank": 3,
      "name": "株式会社みずほ銀行",
      "shareholding_ratio": 3.4,
      "shares_held": 11028000
    },
    {
      "FY": "FY17",
      "period": "2018/3",
      "rank": 4,
      "name": "三井住友信託銀行株式会社",
      "shareholding_ratio": 2.31,
      "shares_held": 7502000
    },
    {
      "FY": "FY17",
      "period": "2018/3",
      "rank": 5,
      "name": "日本生命保険相互会社",
      "shareholding_ratio": 2.06,
      "shares_held": 6683000
    },
    {
      "FY": "FY17",
      "period": "2018/3",
      "rank": 6,
      "name": "三井住友海上火災保険株式会社",
      "shareholding_ratio": 2.04,
      "shares_held": 6624000
    },
    {
      "FY": "FY17",
      "period": "2018/3",
      "rank": 7,
      "name": "農林中央金庫",
      "shareholding_ratio": 2,
      "shares_held": 6492000
    },
    {
      "FY": "FY17",
      "period": "2018/3",
      "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": 1.78,
      "shares_held": 5785000
    },
    {
      "FY": "FY17",
      "period": "2018/3",
      "rank": 9,
      "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（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": 5376000
    },
    {
      "FY": "FY17",
      "period": "2018/3",
      "rank": 10,
      "name": "株式会社山口銀行",
      "shareholding_ratio": 1.53,
      "shares_held": 4972000
    },
    {
      "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": 7.62,
      "shares_held": 24749000
    },
    {
      "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": 5.78,
      "shares_held": 18785000
    },
    {
      "FY": "FY18",
      "period": "2019/3",
      "rank": 3,
      "name": "株式会社みずほ銀行",
      "shareholding_ratio": 2.48,
      "shares_held": 8046000
    },
    {
      "FY": "FY18",
      "period": "2019/3",
      "rank": 4,
      "name": "三井住友信託銀行株式会社",
      "shareholding_ratio": 2.31,
      "shares_held": 7502000
    },
    {
      "FY": "FY18",
      "period": "2019/3",
      "rank": 5,
      "name": "ステート ストリート バンク アンド トラスト カンパニー 505001（常任代理人 株式会社みずほ銀行決済営業部）",
      "shareholding_ratio": 2.18,
      "shares_held": 7092000
    },
    {
      "FY": "FY18",
      "period": "2019/3",
      "rank": 6,
      "name": "日本生命保険相互会社",
      "shareholding_ratio": 2.06,
      "shares_held": 6683000
    },
    {
      "FY": "FY18",
      "period": "2019/3",
      "rank": 7,
      "name": "三井住友海上火災保険株式会社",
      "shareholding_ratio": 2.04,
      "shares_held": 6624000
    },
    {
      "FY": "FY18",
      "period": "2019/3",
      "rank": 8,
      "name": "農林中央金庫",
      "shareholding_ratio": 2,
      "shares_held": 6492000
    },
    {
      "FY": "FY18",
      "period": "2019/3",
      "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": 1.83,
      "shares_held": 5936000
    },
    {
      "FY": "FY18",
      "period": "2019/3",
      "rank": 10,
      "name": "株式会社山口銀行",
      "shareholding_ratio": 1.53,
      "shares_held": 4972000
    },
    {
      "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": 8.61,
      "shares_held": 27995000
    },
    {
      "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": 5.89,
      "shares_held": 19147000
    },
    {
      "FY": "FY19",
      "period": "2020/3",
      "rank": 3,
      "name": "株式会社みずほ銀行",
      "shareholding_ratio": 2.47,
      "shares_held": 8046000
    },
    {
      "FY": "FY19",
      "period": "2020/3",
      "rank": 4,
      "name": "三井住友信託銀行株式会社",
      "shareholding_ratio": 2.3,
      "shares_held": 7502000
    },
    {
      "FY": "FY19",
      "period": "2020/3",
      "rank": 5,
      "name": "日本生命保険相互会社",
      "shareholding_ratio": 2.05,
      "shares_held": 6683000
    },
    {
      "FY": "FY19",
      "period": "2020/3",
      "rank": 6,
      "name": "三井住友海上火災保険株式会社",
      "shareholding_ratio": 2.03,
      "shares_held": 6624000
    },
    {
      "FY": "FY19",
      "period": "2020/3",
      "rank": 7,
      "name": "農林中央金庫",
      "shareholding_ratio": 1.99,
      "shares_held": 6492000
    },
    {
      "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": 1.89,
      "shares_held": 6159000
    },
    {
      "FY": "FY19",
      "period": "2020/3",
      "rank": 9,
      "name": "ステート ストリート バンク アンド トラスト カンパニー 505001（常任代理人 株式会社みずほ銀行決済営業部）",
      "shareholding_ratio": 1.84,
      "shares_held": 5980000
    },
    {
      "FY": "FY19",
      "period": "2020/3",
      "rank": 10,
      "name": "東ソー共和会",
      "shareholding_ratio": 1.56,
      "shares_held": 5076000
    },
    {
      "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": 10.24,
      "shares_held": 32578000
    },
    {
      "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": 5.16,
      "shares_held": 16424000
    },
    {
      "FY": "FY20",
      "period": "2021/3",
      "rank": 3,
      "name": "株式会社みずほ銀行",
      "shareholding_ratio": 2.53,
      "shares_held": 8046000
    },
    {
      "FY": "FY20",
      "period": "2021/3",
      "rank": 4,
      "name": "三井住友信託銀行株式会社",
      "shareholding_ratio": 2.36,
      "shares_held": 7502000
    },
    {
      "FY": "FY20",
      "period": "2021/3",
      "rank": 5,
      "name": "日本生命保険相互会社",
      "shareholding_ratio": 2.1,
      "shares_held": 6683000
    },
    {
      "FY": "FY20",
      "period": "2021/3",
      "rank": 6,
      "name": "三井住友海上火災保険株式会社",
      "shareholding_ratio": 2.08,
      "shares_held": 6624000
    },
    {
      "FY": "FY20",
      "period": "2021/3",
      "rank": 7,
      "name": "農林中央金庫",
      "shareholding_ratio": 2.04,
      "shares_held": 6492000
    },
    {
      "FY": "FY20",
      "period": "2021/3",
      "rank": 8,
      "name": "ステート ストリート バンク アンド トラスト カンパニー 505001（常任代理人 株式会社みずほ銀行決済営業部）",
      "shareholding_ratio": 1.82,
      "shares_held": 5797000
    },
    {
      "FY": "FY20",
      "period": "2021/3",
      "rank": 9,
      "name": "東ソー共和会",
      "shareholding_ratio": 1.64,
      "shares_held": 5232000
    },
    {
      "FY": "FY20",
      "period": "2021/3",
      "rank": 10,
      "name": "ザ バンク オブ ニューヨーク メロン 140044（常任代理人 株式会社みずほ銀行決済営業部）",
      "shareholding_ratio": 1.58,
      "shares_held": 5036000
    },
    {
      "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": 15.77,
      "shares_held": 50181000
    },
    {
      "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": 5.25,
      "shares_held": 16708000
    },
    {
      "FY": "FY21",
      "period": "2022/3",
      "rank": 3,
      "name": "株式会社みずほ銀行",
      "shareholding_ratio": 2.53,
      "shares_held": 8046000
    },
    {
      "FY": "FY21",
      "period": "2022/3",
      "rank": 4,
      "name": "三井住友信託銀行株式会社",
      "shareholding_ratio": 2.36,
      "shares_held": 7502000
    },
    {
      "FY": "FY21",
      "period": "2022/3",
      "rank": 5,
      "name": "日本生命保険相互会社",
      "shareholding_ratio": 2.1,
      "shares_held": 6683000
    },
    {
      "FY": "FY21",
      "period": "2022/3",
      "rank": 6,
      "name": "三井住友海上火災保険株式会社",
      "shareholding_ratio": 2.08,
      "shares_held": 6624000
    },
    {
      "FY": "FY21",
      "period": "2022/3",
      "rank": 7,
      "name": "農林中央金庫",
      "shareholding_ratio": 2.04,
      "shares_held": 6492000
    },
    {
      "FY": "FY21",
      "period": "2022/3",
      "rank": 8,
      "name": "ステート ストリート バンク アンド トラスト カンパニー 505001（常任代理人 株式会社みずほ銀行決済営業部）",
      "shareholding_ratio": 1.98,
      "shares_held": 6307000
    },
    {
      "FY": "FY21",
      "period": "2022/3",
      "rank": 9,
      "name": "東ソー共和会",
      "shareholding_ratio": 1.67,
      "shares_held": 5328000
    },
    {
      "FY": "FY21",
      "period": "2022/3",
      "rank": 10,
      "name": "株式会社山口銀行",
      "shareholding_ratio": 1.56,
      "shares_held": 4972000
    },
    {
      "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": 16.27,
      "shares_held": 51784000
    },
    {
      "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": 5.99,
      "shares_held": 19059000
    },
    {
      "FY": "FY22",
      "period": "2023/3",
      "rank": 3,
      "name": "ステート ストリート バンク アンド トラスト カンパニー 505001（常任代理人 株式会社みずほ銀行決済営業部）",
      "shareholding_ratio": 2.76,
      "shares_held": 8771000
    },
    {
      "FY": "FY22",
      "period": "2023/3",
      "rank": 4,
      "name": "株式会社みずほ銀行",
      "shareholding_ratio": 2.21,
      "shares_held": 7046000
    },
    {
      "FY": "FY22",
      "period": "2023/3",
      "rank": 5,
      "name": "三井住友信託銀行株式会社",
      "shareholding_ratio": 2.11,
      "shares_held": 6702000
    },
    {
      "FY": "FY22",
      "period": "2023/3",
      "rank": 6,
      "name": "日本生命保険相互会社",
      "shareholding_ratio": 2.1,
      "shares_held": 6683000
    },
    {
      "FY": "FY22",
      "period": "2023/3",
      "rank": 7,
      "name": "農林中央金庫",
      "shareholding_ratio": 2.04,
      "shares_held": 6492000
    },
    {
      "FY": "FY22",
      "period": "2023/3",
      "rank": 8,
      "name": "三井住友海上火災保険株式会社",
      "shareholding_ratio": 1.92,
      "shares_held": 6124000
    },
    {
      "FY": "FY22",
      "period": "2023/3",
      "rank": 9,
      "name": "ＪＰモルガン証券株式会社",
      "shareholding_ratio": 1.82,
      "shares_held": 5783000
    },
    {
      "FY": "FY22",
      "period": "2023/3",
      "rank": 10,
      "name": "東ソー共和会",
      "shareholding_ratio": 1.69,
      "shares_held": 5369000
    },
    {
      "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": 16.03,
      "shares_held": 51050000
    },
    {
      "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": 7.16,
      "shares_held": 22793000
    },
    {
      "FY": "FY23",
      "period": "2024/3",
      "rank": 3,
      "name": "ＪＰモルガン証券株式会社",
      "shareholding_ratio": 2.27,
      "shares_held": 7217000
    },
    {
      "FY": "FY23",
      "period": "2024/3",
      "rank": 4,
      "name": "株式会社みずほ銀行",
      "shareholding_ratio": 2.21,
      "shares_held": 7046000
    },
    {
      "FY": "FY23",
      "period": "2024/3",
      "rank": 5,
      "name": "三井住友信託銀行株式会社",
      "shareholding_ratio": 2.1,
      "shares_held": 6702000
    },
    {
      "FY": "FY23",
      "period": "2024/3",
      "rank": 6,
      "name": "日本生命保険相互会社",
      "shareholding_ratio": 2.1,
      "shares_held": 6683000
    },
    {
      "FY": "FY23",
      "period": "2024/3",
      "rank": 7,
      "name": "ビーエヌワイエムエスエーエヌブイ ノン トリーティー アカウント （常任代理人 株式会社三菱ＵＦＪ銀行）",
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