{
  "commentary": "- FY79時点では日本生命8.79%・第一生命8.75%・創業家の武田彰郎氏5.92%・住友銀行4.52%等の生保と銀行・創業家による戦後型の安定株主構造だった。\n- FY24時点では日本マスタートラスト信託銀行（信託口）17.62%へ集中化し、シャイアー買収（2019年）に伴うBNY Mellon ADR預託口3.91%が定着するなど、外国法人比率が大幅に上昇している。",
  "shareholders": [
    {
      "FY": "FY15",
      "period": "2016/3",
      "rank": 1,
      "name": "日本生命保険相互会社",
      "shareholding_ratio": 6.42,
      "shares_held": 50760000
    },
    {
      "FY": "FY15",
      "period": "2016/3",
      "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": 4.59,
      "shares_held": 36308000
    },
    {
      "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": 4.2,
      "shares_held": 33223000
    },
    {
      "FY": "FY15",
      "period": "2016/3",
      "rank": 4,
      "name": "JP MORGAN CHASE BANK 380055（常任代理人 株式会社みずほ銀行決済営業部）",
      "shareholding_ratio": 3.88,
      "shares_held": 30670000
    },
    {
      "FY": "FY15",
      "period": "2016/3",
      "rank": 5,
      "name": "公益財団法人武田科学振興財団",
      "shareholding_ratio": 2.27,
      "shares_held": 17912000
    },
    {
      "FY": "FY15",
      "period": "2016/3",
      "rank": 6,
      "name": "バークレイズ証券株式会社",
      "shareholding_ratio": 1.9,
      "shares_held": 15000000
    },
    {
      "FY": "FY15",
      "period": "2016/3",
      "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": 1.74,
      "shares_held": 13741000
    },
    {
      "FY": "FY15",
      "period": "2016/3",
      "rank": 8,
      "name": "JP MORGAN CHASE BANK 385147（常任代理人 株式会社みずほ銀行決済営業部）",
      "shareholding_ratio": 1.44,
      "shares_held": 11358000
    },
    {
      "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７)",
      "shareholding_ratio": 1.38,
      "shares_held": 10903000
    },
    {
      "FY": "FY15",
      "period": "2016/3",
      "rank": 10,
      "name": "STATE STREET BANK AND TRUST COMPANY 505225（常任代理人 株式会社みずほ銀行決済営業部）",
      "shareholding_ratio": 1.27,
      "shares_held": 10044000
    },
    {
      "FY": "FY16",
      "period": "2017/3",
      "rank": 1,
      "name": "日本生命保険相互会社（常任代理人 日本マスタートラスト信託銀行株式会社）",
      "shareholding_ratio": 6.42,
      "shares_held": 50760000
    },
    {
      "FY": "FY16",
      "period": "2017/3",
      "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": 5.32,
      "shares_held": 42077000
    },
    {
      "FY": "FY16",
      "period": "2017/3",
      "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": 4.62,
      "shares_held": 36528000
    },
    {
      "FY": "FY16",
      "period": "2017/3",
      "rank": 4,
      "name": "JP MORGAN CHASE BANK 380055（常任代理人 株式会社みずほ銀行決済営業部）",
      "shareholding_ratio": 4.31,
      "shares_held": 34039000
    },
    {
      "FY": "FY16",
      "period": "2017/3",
      "rank": 5,
      "name": "公益財団法人武田科学振興財団",
      "shareholding_ratio": 2.27,
      "shares_held": 17912000
    },
    {
      "FY": "FY16",
      "period": "2017/3",
      "rank": 6,
      "name": "バークレイズ証券株式会社",
      "shareholding_ratio": 1.9,
      "shares_held": 15000000
    },
    {
      "FY": "FY16",
      "period": "2017/3",
      "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": 1.82,
      "shares_held": 14427000
    },
    {
      "FY": "FY16",
      "period": "2017/3",
      "rank": 8,
      "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": 1.48,
      "shares_held": 11672000
    },
    {
      "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１)",
      "shareholding_ratio": 1.36,
      "shares_held": 10728000
    },
    {
      "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７)",
      "shareholding_ratio": 1.36,
      "shares_held": 10719000
    },
    {
      "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": 5.92,
      "shares_held": 47021000
    },
    {
      "FY": "FY17",
      "period": "2018/3",
      "rank": 2,
      "name": "日本生命保険相互会社（常任代理人 日本マスタートラスト信託銀行株式会社）",
      "shareholding_ratio": 5.48,
      "shares_held": 43560000
    },
    {
      "FY": "FY17",
      "period": "2018/3",
      "rank": 3,
      "name": "JP MORGAN CHASE BANK 380055（常任代理人 株式会社みずほ銀行決済営業部）",
      "shareholding_ratio": 4.41,
      "shares_held": 35055000
    },
    {
      "FY": "FY17",
      "period": "2018/3",
      "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": 4.33,
      "shares_held": 34408000
    },
    {
      "FY": "FY17",
      "period": "2018/3",
      "rank": 5,
      "name": "公益財団法人武田科学振興財団",
      "shareholding_ratio": 2.25,
      "shares_held": 17912000
    },
    {
      "FY": "FY17",
      "period": "2018/3",
      "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": 1.88,
      "shares_held": 14958000
    },
    {
      "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５)",
      "shareholding_ratio": 1.77,
      "shares_held": 14075000
    },
    {
      "FY": "FY17",
      "period": "2018/3",
      "rank": 8,
      "name": "バークレイズ証券株式会社",
      "shareholding_ratio": 1.67,
      "shares_held": 13278000
    },
    {
      "FY": "FY17",
      "period": "2018/3",
      "rank": 9,
      "name": "JP MORGAN CHASE BANK 385147（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": 10582000
    },
    {
      "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１)",
      "shareholding_ratio": 1.32,
      "shares_held": 10461000
    },
    {
      "FY": "FY18",
      "period": "2019/3",
      "rank": 1,
      "name": "ＴＨＥ ＢＡＮＫ ＯＦ ＮＥＷ ＹＯＲＫ ＭＥＬＬＯＮ ＡＳ ＤＥＰＯＳＩＴＡＲＹ ＢＡＮＫ ＦＯＲ ＤＥＰＯＳＩＴＡＲＹ ＲＥＣＥＩＰＴ ＨＯＬＤＥＲＳ（常任代理人 株式会社三井住友銀行）",
      "shareholding_ratio": 7.56,
      "shares_held": 118250000
    },
    {
      "FY": "FY18",
      "period": "2019/3",
      "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": 7,
      "shares_held": 109549000
    },
    {
      "FY": "FY18",
      "period": "2019/3",
      "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": 5.46,
      "shares_held": 85405000
    },
    {
      "FY": "FY18",
      "period": "2019/3",
      "rank": 4,
      "name": "日本生命保険相互会社（常任代理人 日本マスタートラスト信託銀行株式会社）",
      "shareholding_ratio": 2.26,
      "shares_held": 35360000
    },
    {
      "FY": "FY18",
      "period": "2019/3",
      "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５)",
      "shareholding_ratio": 2.19,
      "shares_held": 34260000
    },
    {
      "FY": "FY18",
      "period": "2019/3",
      "rank": 6,
      "name": "ＪＰ ＭＯＲＧＡＮ ＣＨＡＳＥ ＢＡＮＫ ３８００５５（常任代理人 株式会社みずほ銀行決済営業部）",
      "shareholding_ratio": 1.94,
      "shares_held": 30324000
    },
    {
      "FY": "FY18",
      "period": "2019/3",
      "rank": 7,
      "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": 1.71,
      "shares_held": 26787000
    },
    {
      "FY": "FY18",
      "period": "2019/3",
      "rank": 8,
      "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": 1.58,
      "shares_held": 24673000
    },
    {
      "FY": "FY18",
      "period": "2019/3",
      "rank": 9,
      "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": 1.52,
      "shares_held": 23775000
    },
    {
      "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１)",
      "shareholding_ratio": 1.46,
      "shares_held": 22798000
    },
    {
      "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": 7.98,
      "shares_held": 125740000
    },
    {
      "FY": "FY19",
      "period": "2020/3",
      "rank": 2,
      "name": "ＴＨＥ ＢＡＮＫ ＯＦ ＮＥＷ ＹＯＲＫ ＭＥＬＬＯＮ ＡＳ ＤＥＰＯＳＩＴＡＲＹ ＢＡＮＫ ＦＯＲ ＤＥＰＯＳＩＴＡＲＹ ＲＥＣＥＩＰＴ ＨＯＬＤＥＲＳ（常任代理人 株式会社三井住友銀行）",
      "shareholding_ratio": 5.39,
      "shares_held": 84991000
    },
    {
      "FY": "FY19",
      "period": "2020/3",
      "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": 5.15,
      "shares_held": 81195000
    },
    {
      "FY": "FY19",
      "period": "2020/3",
      "rank": 4,
      "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": 3.03,
      "shares_held": 47739000
    },
    {
      "FY": "FY19",
      "period": "2020/3",
      "rank": 5,
      "name": "日本生命保険相互会社（常任代理人 日本マスタートラスト信託銀行株式会社）",
      "shareholding_ratio": 2.24,
      "shares_held": 35360000
    },
    {
      "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５)",
      "shareholding_ratio": 2.15,
      "shares_held": 33897000
    },
    {
      "FY": "FY19",
      "period": "2020/3",
      "rank": 7,
      "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": 1.63,
      "shares_held": 25727000
    },
    {
      "FY": "FY19",
      "period": "2020/3",
      "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": 1.59,
      "shares_held": 25030000
    },
    {
      "FY": "FY19",
      "period": "2020/3",
      "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": 1.48,
      "shares_held": 23355000
    },
    {
      "FY": "FY19",
      "period": "2020/3",
      "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７)",
      "shareholding_ratio": 1.41,
      "shares_held": 22268000
    },
    {
      "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": 9.55,
      "shares_held": 150521000
    },
    {
      "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": 5.34,
      "shares_held": 84159000
    },
    {
      "FY": "FY20",
      "period": "2021/3",
      "rank": 3,
      "name": "ＴＨＥ ＢＡＮＫ ＯＦ ＮＥＷ ＹＯＲＫ ＭＥＬＬＯＮ ＡＳ ＤＥＰＯＳＩＴＡＲＹ ＢＡＮＫ ＦＯＲ ＤＥＰＯＳＩＴＡＲＹ ＲＥＣＥＩＰＴ ＨＯＬＤＥＲＳ（常任代理人 株式会社三井住友銀行）",
      "shareholding_ratio": 4.98,
      "shares_held": 78566000
    },
    {
      "FY": "FY20",
      "period": "2021/3",
      "rank": 4,
      "name": "日本生命保険相互会社（常任代理人 日本マスタートラスト信託銀行株式会社）",
      "shareholding_ratio": 2.24,
      "shares_held": 35360000
    },
    {
      "FY": "FY20",
      "period": "2021/3",
      "rank": 5,
      "name": "株式会社日本カストディ銀行（信託口５）",
      "shareholding_ratio": 1.62,
      "shares_held": 25510000
    },
    {
      "FY": "FY20",
      "period": "2021/3",
      "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": 1.61,
      "shares_held": 25343000
    },
    {
      "FY": "FY20",
      "period": "2021/3",
      "rank": 7,
      "name": "株式会社日本カストディ銀行（信託口６）",
      "shareholding_ratio": 1.43,
      "shares_held": 22618000
    },
    {
      "FY": "FY20",
      "period": "2021/3",
      "rank": 8,
      "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": 1.37,
      "shares_held": 21669000
    },
    {
      "FY": "FY20",
      "period": "2021/3",
      "rank": 9,
      "name": "株式会社日本カストディ銀行（信託口７）",
      "shareholding_ratio": 1.29,
      "shares_held": 20368000
    },
    {
      "FY": "FY20",
      "period": "2021/3",
      "rank": 10,
      "name": "株式会社日本カストディ銀行（信託口１）",
      "shareholding_ratio": 1.29,
      "shares_held": 20305000
    },
    {
      "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": 15.91,
      "shares_held": 248184000
    },
    {
      "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": 5.12,
      "shares_held": 79824000
    },
    {
      "FY": "FY21",
      "period": "2022/3",
      "rank": 3,
      "name": "ＴＨＥ ＢＡＮＫ ＯＦ ＮＥＷ ＹＯＲＫ ＭＥＬＬＯＮ ＡＳ ＤＥＰＯＳＩＴＡＲＹ ＢＡＮＫ ＦＯＲ ＤＥＰＯＳＩＴＡＲＹ ＲＥＣＥＩＰＴ ＨＯＬＤＥＲＳ（常任代理人 株式会社三井住友銀行）",
      "shareholding_ratio": 3.71,
      "shares_held": 57869000
    },
    {
      "FY": "FY21",
      "period": "2022/3",
      "rank": 4,
      "name": "日本生命保険相互会社（常任代理人 日本マスタートラスト信託銀行株式会社）",
      "shareholding_ratio": 2.04,
      "shares_held": 31824000
    },
    {
      "FY": "FY21",
      "period": "2022/3",
      "rank": 5,
      "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": 1.83,
      "shares_held": 28501000
    },
    {
      "FY": "FY21",
      "period": "2022/3",
      "rank": 6,
      "name": "ＪＰモルガン証券株式会社",
      "shareholding_ratio": 1.55,
      "shares_held": 24126000
    },
    {
      "FY": "FY21",
      "period": "2022/3",
      "rank": 7,
      "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": 1.27,
      "shares_held": 19861000
    },
    {
      "FY": "FY21",
      "period": "2022/3",
      "rank": 8,
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      "total_shares": 514161000,
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    {
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}
