{
  "commentary": [
    {
      "heading": null,
      "paragraphs": [
        "FY15時点では日本マスタートラスト信託銀行5.81%・日本トラスティ・サービス信託銀行4.64%を筆頭に、三井生命保険2.82%・三井住友銀行2.34%・静岡銀行2.14%・DOWAメタルマイン1.81%など旧三井系・取引金融機関・親密事業会社が中位を支える伝統的構造だった。",
        "FY24は日本マスタートラスト信託銀行17.98%・日本カストディ銀行9.76%へ信託集中が進み、大樹生命保険・三井住友銀行・静岡銀行など長期保有株主は持株比率を維持しつつ、STATE STREET BANK系3口やJPモルガン証券など外国機関口が中位に並ぶ機関化構造へ移行している。"
      ]
    }
  ],
  "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": 5.81,
      "shares_held": 20955000
    },
    {
      "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": 4.64,
      "shares_held": 16733000
    },
    {
      "FY": "FY15",
      "period": "2016/3",
      "rank": 3,
      "name": "三井生命保険株式会社",
      "shareholding_ratio": 2.82,
      "shares_held": 10192000
    },
    {
      "FY": "FY15",
      "period": "2016/3",
      "rank": 4,
      "name": "株式会社三井住友銀行",
      "shareholding_ratio": 2.34,
      "shares_held": 8456000
    },
    {
      "FY": "FY15",
      "period": "2016/3",
      "rank": 5,
      "name": "株式会社静岡銀行",
      "shareholding_ratio": 2.14,
      "shares_held": 7713000
    },
    {
      "FY": "FY15",
      "period": "2016/3",
      "rank": 6,
      "name": "ＣＢＮＹ ＤＦＡ ＩＮＴＬ ＳＭＡＬＬ ＣＡＰ ＶＡＬＵＥ ＰＯＲＴＦＯＬＩＯ （常任代理人 シティバンク銀行株式会社）",
      "shareholding_ratio": 2.12,
      "shares_held": 7655000
    },
    {
      "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（三井住友信託銀行退職給付信託口）",
      "shareholding_ratio": 1.88,
      "shares_held": 6777000
    },
    {
      "FY": "FY15",
      "period": "2016/3",
      "rank": 8,
      "name": "ＤＯＷＡメタルマイン株式会社",
      "shareholding_ratio": 1.81,
      "shares_held": 6563000
    },
    {
      "FY": "FY15",
      "period": "2016/3",
      "rank": 9,
      "name": "MELLON BANK, N.A. AS AGENT FOR ITS CLIENT MELLON OMNIBUS US PENSION （常任代理人 株式会社みずほ銀行 決済営業部）",
      "shareholding_ratio": 1.53,
      "shares_held": 5531000
    },
    {
      "FY": "FY15",
      "period": "2016/3",
      "rank": 10,
      "name": "フジクラ従業員持株会",
      "shareholding_ratio": 1.48,
      "shares_held": 5336000
    },
    {
      "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": 8.08,
      "shares_held": 23891000
    },
    {
      "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": 6.06,
      "shares_held": 17931000
    },
    {
      "FY": "FY16",
      "period": "2017/3",
      "rank": 3,
      "name": "三井生命保険株式会社",
      "shareholding_ratio": 3.44,
      "shares_held": 10192000
    },
    {
      "FY": "FY16",
      "period": "2017/3",
      "rank": 4,
      "name": "株式会社三井住友銀行",
      "shareholding_ratio": 2.86,
      "shares_held": 8456000
    },
    {
      "FY": "FY16",
      "period": "2017/3",
      "rank": 5,
      "name": "株式会社静岡銀行",
      "shareholding_ratio": 2.61,
      "shares_held": 7713000
    },
    {
      "FY": "FY16",
      "period": "2017/3",
      "rank": 6,
      "name": "日本トラスティ・サービス信託銀行株式会社（三井住友信託銀行退職給付信託口）",
      "shareholding_ratio": 2.29,
      "shares_held": 6777000
    },
    {
      "FY": "FY16",
      "period": "2017/3",
      "rank": 7,
      "name": "ＤＯＷＡメタルマイン株式会社",
      "shareholding_ratio": 2.22,
      "shares_held": 6563000
    },
    {
      "FY": "FY16",
      "period": "2017/3",
      "rank": 8,
      "name": "フジクラ従業員持株会",
      "shareholding_ratio": 1.77,
      "shares_held": 5246000
    },
    {
      "FY": "FY16",
      "period": "2017/3",
      "rank": 9,
      "name": "THE BANK OF NEW YORK MELLON 140044",
      "shareholding_ratio": 1.76,
      "shares_held": 5202000
    },
    {
      "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": 1.71,
      "shares_held": 5061000
    },
    {
      "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": 9.35,
      "shares_held": 26769000
    },
    {
      "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": 9.2,
      "shares_held": 26363000
    },
    {
      "FY": "FY17",
      "period": "2018/3",
      "rank": 3,
      "name": "三井生命保険株式会社",
      "shareholding_ratio": 3.56,
      "shares_held": 10192000
    },
    {
      "FY": "FY17",
      "period": "2018/3",
      "rank": 4,
      "name": "株式会社三井住友銀行",
      "shareholding_ratio": 2.95,
      "shares_held": 8456000
    },
    {
      "FY": "FY17",
      "period": "2018/3",
      "rank": 5,
      "name": "株式会社静岡銀行",
      "shareholding_ratio": 2.69,
      "shares_held": 7713000
    },
    {
      "FY": "FY17",
      "period": "2018/3",
      "rank": 6,
      "name": "日本トラスティ・サービス信託銀行株式会社（三井住友信託銀行退職給付信託口）",
      "shareholding_ratio": 2.37,
      "shares_held": 6777000
    },
    {
      "FY": "FY17",
      "period": "2018/3",
      "rank": 7,
      "name": "ＤＯＷＡメタルマイン株式会社",
      "shareholding_ratio": 2.29,
      "shares_held": 6563000
    },
    {
      "FY": "FY17",
      "period": "2018/3",
      "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": 2.28,
      "shares_held": 6530000
    },
    {
      "FY": "FY17",
      "period": "2018/3",
      "rank": 9,
      "name": "フジクラ従業員持株会",
      "shareholding_ratio": 1.63,
      "shares_held": 4656000
    },
    {
      "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": 1.59,
      "shares_held": 4563000
    },
    {
      "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": 10.94,
      "shares_held": 31320000
    },
    {
      "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": 7.24,
      "shares_held": 20723000
    },
    {
      "FY": "FY18",
      "period": "2019/3",
      "rank": 3,
      "name": "三井生命保険株式会社",
      "shareholding_ratio": 3.56,
      "shares_held": 10192000
    },
    {
      "FY": "FY18",
      "period": "2019/3",
      "rank": 4,
      "name": "株式会社三井住友銀行",
      "shareholding_ratio": 2.95,
      "shares_held": 8456000
    },
    {
      "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（三井住友信託銀行退職給付信託口）",
      "shareholding_ratio": 2.37,
      "shares_held": 6777000
    },
    {
      "FY": "FY18",
      "period": "2019/3",
      "rank": 6,
      "name": "ＤＯＷＡメタルマイン株式会社",
      "shareholding_ratio": 2.29,
      "shares_held": 6563000
    },
    {
      "FY": "FY18",
      "period": "2019/3",
      "rank": 7,
      "name": "株式会社静岡銀行",
      "shareholding_ratio": 2.02,
      "shares_held": 5788000
    },
    {
      "FY": "FY18",
      "period": "2019/3",
      "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": 1.63,
      "shares_held": 4676000
    },
    {
      "FY": "FY18",
      "period": "2019/3",
      "rank": 9,
      "name": "フジクラ従業員持株会",
      "shareholding_ratio": 1.62,
      "shares_held": 4627000
    },
    {
      "FY": "FY18",
      "period": "2019/3",
      "rank": 10,
      "name": "DFA INTL SMALL CAP VALUE PORTFOLIO （常任代理人 シティバンク、エヌ・エイ東京支店）",
      "shareholding_ratio": 1.59,
      "shares_held": 4562000
    },
    {
      "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": 11.49,
      "shares_held": 31750000
    },
    {
      "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": 7.05,
      "shares_held": 19492000
    },
    {
      "FY": "FY20",
      "period": "2021/3",
      "rank": 3,
      "name": "大樹生命保険株式会社",
      "shareholding_ratio": 3.69,
      "shares_held": 10192000
    },
    {
      "FY": "FY20",
      "period": "2021/3",
      "rank": 4,
      "name": "株式会社三井住友銀行",
      "shareholding_ratio": 3.06,
      "shares_held": 8456000
    },
    {
      "FY": "FY20",
      "period": "2021/3",
      "rank": 5,
      "name": "株式会社日本カストディ銀行（三井住友信託銀行退職給付信託口）",
      "shareholding_ratio": 2.45,
      "shares_held": 6777000
    },
    {
      "FY": "FY20",
      "period": "2021/3",
      "rank": 6,
      "name": "ＤＯＷＡメタルマイン株式会社",
      "shareholding_ratio": 2.37,
      "shares_held": 6564000
    },
    {
      "FY": "FY20",
      "period": "2021/3",
      "rank": 7,
      "name": "株式会社静岡銀行",
      "shareholding_ratio": 2.09,
      "shares_held": 5789000
    },
    {
      "FY": "FY20",
      "period": "2021/3",
      "rank": 8,
      "name": "フジクラ従業員持株会",
      "shareholding_ratio": 1.75,
      "shares_held": 4844000
    },
    {
      "FY": "FY20",
      "period": "2021/3",
      "rank": 9,
      "name": "株式会社日本カストディ銀行（信託口５）",
      "shareholding_ratio": 1.32,
      "shares_held": 3656000
    },
    {
      "FY": "FY20",
      "period": "2021/3",
      "rank": 10,
      "name": "JP MORGAN CHASE BANK 385781 (常任代理人 株式会社みずほ銀行)",
      "shareholding_ratio": 1.24,
      "shares_held": 3415000
    },
    {
      "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": 20.42,
      "shares_held": 56450000
    },
    {
      "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": 6.81,
      "shares_held": 18816000
    },
    {
      "FY": "FY21",
      "period": "2022/3",
      "rank": 3,
      "name": "大樹生命保険株式会社",
      "shareholding_ratio": 3.69,
      "shares_held": 10192000
    },
    {
      "FY": "FY21",
      "period": "2022/3",
      "rank": 4,
      "name": "株式会社三井住友銀行",
      "shareholding_ratio": 3.06,
      "shares_held": 8456000
    },
    {
      "FY": "FY21",
      "period": "2022/3",
      "rank": 5,
      "name": "株式会社日本カストディ銀行（三井住友信託銀行退職給付信託口）",
      "shareholding_ratio": 2.45,
      "shares_held": 6777000
    },
    {
      "FY": "FY21",
      "period": "2022/3",
      "rank": 6,
      "name": "ＤＯＷＡメタルマイン株式会社",
      "shareholding_ratio": 2.37,
      "shares_held": 6564000
    },
    {
      "FY": "FY21",
      "period": "2022/3",
      "rank": 7,
      "name": "株式会社静岡銀行",
      "shareholding_ratio": 2.09,
      "shares_held": 5789000
    },
    {
      "FY": "FY21",
      "period": "2022/3",
      "rank": 8,
      "name": "フジクラ従業員持株会",
      "shareholding_ratio": 1.78,
      "shares_held": 4927000
    },
    {
      "FY": "FY21",
      "period": "2022/3",
      "rank": 9,
      "name": "STATE STREET BANK AND TRUST COMPANY 505001 (常任代理人 株式会社みずほ銀行)",
      "shareholding_ratio": 1.26,
      "shares_held": 3476000
    },
    {
      "FY": "FY21",
      "period": "2022/3",
      "rank": 10,
      "name": "JP MORGAN CHASE BANK 385781 (常任代理人 株式会社みずほ銀行)",
      "shareholding_ratio": 1.23,
      "shares_held": 3411000
    },
    {
      "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": 19.44,
      "shares_held": 53732000
    },
    {
      "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": 6.91,
      "shares_held": 19108000
    },
    {
      "FY": "FY22",
      "period": "2023/3",
      "rank": 3,
      "name": "大樹生命保険株式会社",
      "shareholding_ratio": 3.69,
      "shares_held": 10192000
    },
    {
      "FY": "FY22",
      "period": "2023/3",
      "rank": 4,
      "name": "株式会社三井住友銀行",
      "shareholding_ratio": 3.06,
      "shares_held": 8456000
    },
    {
      "FY": "FY22",
      "period": "2023/3",
      "rank": 5,
      "name": "株式会社日本カストディ銀行（三井住友信託銀行退職給付信託口）",
      "shareholding_ratio": 2.45,
      "shares_held": 6777000
    },
    {
      "FY": "FY22",
      "period": "2023/3",
      "rank": 6,
      "name": "DOWAメタルマイン株式会社",
      "shareholding_ratio": 2.37,
      "shares_held": 6564000
    },
    {
      "FY": "FY22",
      "period": "2023/3",
      "rank": 7,
      "name": "株式会社静岡銀行",
      "shareholding_ratio": 2.09,
      "shares_held": 5789000
    },
    {
      "FY": "FY22",
      "period": "2023/3",
      "rank": 8,
      "name": "BNYM AS AGT／CLTS NON TREATY JASDEC (常任代理人 株式会社三菱ＵＦＪ銀行)",
      "shareholding_ratio": 2.08,
      "shares_held": 5739000
    },
    {
      "FY": "FY22",
      "period": "2023/3",
      "rank": 9,
      "name": "THE BANK OF NEW YORK MELLON 140044 (常任代理人 株式会社みずほ銀行)",
      "shareholding_ratio": 1.39,
      "shares_held": 3838000
    },
    {
      "FY": "FY22",
      "period": "2023/3",
      "rank": 10,
      "name": "フジクラ従業員持株会",
      "shareholding_ratio": 1.35,
      "shares_held": 3730000
    },
    {
      "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": 20.38,
      "shares_held": 56326000
    },
    {
      "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": 11.29,
      "shares_held": 31209000
    },
    {
      "FY": "FY23",
      "period": "2024/3",
      "rank": 3,
      "name": "大樹生命保険株式会社",
      "shareholding_ratio": 3.69,
      "shares_held": 10192000
    },
    {
      "FY": "FY23",
      "period": "2024/3",
      "rank": 4,
      "name": "株式会社三井住友銀行",
      "shareholding_ratio": 3.06,
      "shares_held": 8456000
    },
    {
      "FY": "FY23",
      "period": "2024/3",
      "rank": 5,
      "name": "株式会社日本カストディ銀行（三井住友信託銀行退職給付信託口）",
      "shareholding_ratio": 2.45,
      "shares_held": 6777000
    },
    {
      "FY": "FY23",
      "period": "2024/3",
      "rank": 6,
      "name": "STATE STREET BANK AND TRUST COMPANY 505223 (常任代理人 株式会社みずほ銀行)",
      "shareholding_ratio": 2.11,
      "shares_held": 5845000
    },
    {
      "FY": "FY23",
      "period": "2024/3",
      "rank": 7,
      "name": "株式会社静岡銀行",
      "shareholding_ratio": 2.09,
      "shares_held": 5789000
    },
    {
      "FY": "FY23",
      "period": "2024/3",
      "rank": 8,
      "name": "SSBTC CLIENT OMNIBUS ACCOUNT (常任代理人 香港上海銀行)",
      "shareholding_ratio": 1.71,
      "shares_held": 4737000
    },
    {
      "FY": "FY23",
      "period": "2024/3",
      "rank": 9,
      "name": "JP MORGAN CHASE BANK 385781 (常任代理人 株式会社みずほ銀行)",
      "shareholding_ratio": 1.33,
      "shares_held": 3674000
    },
    {
      "FY": "FY23",
      "period": "2024/3",
      "rank": 10,
      "name": "フジクラ従業員持株会",
      "shareholding_ratio": 1.16,
      "shares_held": 3218000
    },
    {
      "FY": "FY24",
      "period": "2025/3",
      "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": 17.98,
      "shares_held": 49688000
    },
    {
      "FY": "FY24",
      "period": "2025/3",
      "rank": 2,
      "name": "株式会社日本カストディ銀行（信託口）",
      "shareholding_ratio": 9.76,
      "shares_held": 26976000
    },
    {
      "FY": "FY24",
      "period": "2025/3",
      "rank": 3,
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