{
  "commentary": [
    {
      "heading": null,
      "paragraphs": [
        "FY15時点では自社株4.35%を筆頭に、内山靖子氏・内山洋氏・内山秀氏ら創業家個人と三菱東京UFJ銀行で固められた小規模な同族＋メインバンク構造だった。",
        "FY24では日本マスタートラスト信託銀行（信託口）18.3%・日本カストディ銀行7.21%が上位を占め、内山靖子氏が消えるなど信託集中と機関投資家化が進んでいる。"
      ]
    }
  ],
  "shareholders": [
    {
      "FY": "FY15",
      "period": "2016/6",
      "rank": 1,
      "name": "レーザーテック株式会社",
      "shareholding_ratio": 4.35,
      "shares_held": 1026000
    },
    {
      "FY": "FY15",
      "period": "2016/6",
      "rank": 2,
      "name": "内山 靖子",
      "shareholding_ratio": 4.24,
      "shares_held": 1001000
    },
    {
      "FY": "FY15",
      "period": "2016/6",
      "rank": 3,
      "name": "STATE STREET BANK AND TRUST COMPANY",
      "shareholding_ratio": 3.87,
      "shares_held": 912000
    },
    {
      "FY": "FY15",
      "period": "2016/6",
      "rank": 4,
      "name": "内山 洋",
      "shareholding_ratio": 3.69,
      "shares_held": 870000
    },
    {
      "FY": "FY15",
      "period": "2016/6",
      "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": 3.44,
      "shares_held": 811000
    },
    {
      "FY": "FY15",
      "period": "2016/6",
      "rank": 6,
      "name": "株式会社三菱東京ＵＦＪ銀行",
      "shareholding_ratio": 3.19,
      "shares_held": 752000
    },
    {
      "FY": "FY15",
      "period": "2016/6",
      "rank": 7,
      "name": "NORTHERN TRUST CO. (AVFC) RE-HCR00",
      "shareholding_ratio": 3.07,
      "shares_held": 725000
    },
    {
      "FY": "FY15",
      "period": "2016/6",
      "rank": 8,
      "name": "内山 秀",
      "shareholding_ratio": 2.95,
      "shares_held": 697000
    },
    {
      "FY": "FY15",
      "period": "2016/6",
      "rank": 9,
      "name": "日本マスタートラスト信託銀行株式会社 （信託口）",
      "shareholding_ratio": 2.75,
      "shares_held": 648000
    },
    {
      "FY": "FY15",
      "period": "2016/6",
      "rank": 10,
      "name": "前田 せつ子",
      "shareholding_ratio": 2.74,
      "shares_held": 646000
    },
    {
      "FY": "FY16",
      "period": "2017/6",
      "rank": 1,
      "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": 5.31,
      "shares_held": 2506000
    },
    {
      "FY": "FY16",
      "period": "2017/6",
      "rank": 2,
      "name": "レーザーテック株式会社",
      "shareholding_ratio": 4.35,
      "shares_held": 2053000
    },
    {
      "FY": "FY16",
      "period": "2017/6",
      "rank": 3,
      "name": "内山 靖子",
      "shareholding_ratio": 4.24,
      "shares_held": 2003000
    },
    {
      "FY": "FY16",
      "period": "2017/6",
      "rank": 4,
      "name": "STATE STREET BANK AND TRUST COMPANY",
      "shareholding_ratio": 4.12,
      "shares_held": 1943000
    },
    {
      "FY": "FY16",
      "period": "2017/6",
      "rank": 5,
      "name": "内山 洋",
      "shareholding_ratio": 3.69,
      "shares_held": 1741000
    },
    {
      "FY": "FY16",
      "period": "2017/6",
      "rank": 6,
      "name": "株式会社三菱東京ＵＦＪ銀行",
      "shareholding_ratio": 3.19,
      "shares_held": 1504000
    },
    {
      "FY": "FY16",
      "period": "2017/6",
      "rank": 7,
      "name": "日本マスタートラスト信託銀行株式会社 （信託口）",
      "shareholding_ratio": 3.06,
      "shares_held": 1446000
    },
    {
      "FY": "FY16",
      "period": "2017/6",
      "rank": 8,
      "name": "内山 秀",
      "shareholding_ratio": 2.95,
      "shares_held": 1394000
    },
    {
      "FY": "FY16",
      "period": "2017/6",
      "rank": 9,
      "name": "前田 せつ子",
      "shareholding_ratio": 2.74,
      "shares_held": 1293000
    },
    {
      "FY": "FY16",
      "period": "2017/6",
      "rank": 10,
      "name": "BBH FOR MATTHEWS JAPAN FUND",
      "shareholding_ratio": 2.67,
      "shares_held": 1259000
    },
    {
      "FY": "FY17",
      "period": "2018/6",
      "rank": 1,
      "name": "BBH FOR MATTHEWS JAPAN FUND （常任代理人株式会社三菱ＵＦＪ銀行）",
      "shareholding_ratio": 4.7,
      "shares_held": 2123000
    },
    {
      "FY": "FY17",
      "period": "2018/6",
      "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": 4.45,
      "shares_held": 2009000
    },
    {
      "FY": "FY17",
      "period": "2018/6",
      "rank": 3,
      "name": "内山 靖子",
      "shareholding_ratio": 4.44,
      "shares_held": 2003000
    },
    {
      "FY": "FY17",
      "period": "2018/6",
      "rank": 4,
      "name": "内山 洋",
      "shareholding_ratio": 3.86,
      "shares_held": 1741000
    },
    {
      "FY": "FY17",
      "period": "2018/6",
      "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": 3.76,
      "shares_held": 1697000
    },
    {
      "FY": "FY17",
      "period": "2018/6",
      "rank": 6,
      "name": "株式会社三菱ＵＦＪ銀行",
      "shareholding_ratio": 3.33,
      "shares_held": 1504000
    },
    {
      "FY": "FY17",
      "period": "2018/6",
      "rank": 7,
      "name": "内山 秀",
      "shareholding_ratio": 3.09,
      "shares_held": 1394000
    },
    {
      "FY": "FY17",
      "period": "2018/6",
      "rank": 8,
      "name": "STATE STREET BANK AND TRUST COMPANY （常任代理人香港上海銀行東京支店）",
      "shareholding_ratio": 3.01,
      "shares_held": 1360000
    },
    {
      "FY": "FY17",
      "period": "2018/6",
      "rank": 9,
      "name": "前田 せつ子",
      "shareholding_ratio": 2.86,
      "shares_held": 1293000
    },
    {
      "FY": "FY17",
      "period": "2018/6",
      "rank": 10,
      "name": "UCHIYAMA HOLDINGS株式会社",
      "shareholding_ratio": 1.79,
      "shares_held": 807000
    },
    {
      "FY": "FY18",
      "period": "2019/6",
      "rank": 1,
      "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": 5.11,
      "shares_held": 2305000
    },
    {
      "FY": "FY18",
      "period": "2019/6",
      "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": 4.47,
      "shares_held": 2018000
    },
    {
      "FY": "FY18",
      "period": "2019/6",
      "rank": 3,
      "name": "内山 靖子",
      "shareholding_ratio": 4.44,
      "shares_held": 2003000
    },
    {
      "FY": "FY18",
      "period": "2019/6",
      "rank": 4,
      "name": "NORTHERN TRUST CO.(AVFC) RE FIDELITY FUNDS（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": 4.11,
      "shares_held": 1855000
    },
    {
      "FY": "FY18",
      "period": "2019/6",
      "rank": 5,
      "name": "内山 洋",
      "shareholding_ratio": 3.86,
      "shares_held": 1741000
    },
    {
      "FY": "FY18",
      "period": "2019/6",
      "rank": 6,
      "name": "株式会社三菱ＵＦＪ銀行",
      "shareholding_ratio": 3.33,
      "shares_held": 1504000
    },
    {
      "FY": "FY18",
      "period": "2019/6",
      "rank": 7,
      "name": "内山 秀",
      "shareholding_ratio": 3.09,
      "shares_held": 1394000
    },
    {
      "FY": "FY18",
      "period": "2019/6",
      "rank": 8,
      "name": "前田 せつ子",
      "shareholding_ratio": 2.86,
      "shares_held": 1293000
    },
    {
      "FY": "FY18",
      "period": "2019/6",
      "rank": 9,
      "name": "MLI FOR CLIENT GENERAL OMNI NON COLLATERAL NON TREATY-PB（常任代理人 メリルリンチ日本証券株式会社）",
      "shareholding_ratio": 2.17,
      "shares_held": 981000
    },
    {
      "FY": "FY18",
      "period": "2019/6",
      "rank": 10,
      "name": "UCHIYAMA HOLDINGS株式会社",
      "shareholding_ratio": 1.79,
      "shares_held": 807000
    },
    {
      "FY": "FY19",
      "period": "2020/6",
      "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": 6.53,
      "shares_held": 5895000
    },
    {
      "FY": "FY19",
      "period": "2020/6",
      "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": 4.86,
      "shares_held": 4389000
    },
    {
      "FY": "FY19",
      "period": "2020/6",
      "rank": 3,
      "name": "内山 靖子",
      "shareholding_ratio": 4.44,
      "shares_held": 4006000
    },
    {
      "FY": "FY19",
      "period": "2020/6",
      "rank": 4,
      "name": "内山 洋",
      "shareholding_ratio": 3.86,
      "shares_held": 3483000
    },
    {
      "FY": "FY19",
      "period": "2020/6",
      "rank": 5,
      "name": "株式会社三菱ＵＦＪ銀行",
      "shareholding_ratio": 3.33,
      "shares_held": 3008000
    },
    {
      "FY": "FY19",
      "period": "2020/6",
      "rank": 6,
      "name": "内山 秀",
      "shareholding_ratio": 3.09,
      "shares_held": 2788000
    },
    {
      "FY": "FY19",
      "period": "2020/6",
      "rank": 7,
      "name": "前田 せつ子",
      "shareholding_ratio": 2.86,
      "shares_held": 2587000
    },
    {
      "FY": "FY19",
      "period": "2020/6",
      "rank": 8,
      "name": "NORTHERN TRUST CO.(AVFC) RE FIDELITY FUNDS（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": 2.72,
      "shares_held": 2461000
    },
    {
      "FY": "FY19",
      "period": "2020/6",
      "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": 2,
      "shares_held": 1809000
    },
    {
      "FY": "FY19",
      "period": "2020/6",
      "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": 1.67,
      "shares_held": 1509000
    },
    {
      "FY": "FY20",
      "period": "2021/6",
      "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": 7.42,
      "shares_held": 6692000
    },
    {
      "FY": "FY20",
      "period": "2021/6",
      "rank": 2,
      "name": "内山 靖子",
      "shareholding_ratio": 4.44,
      "shares_held": 4006000
    },
    {
      "FY": "FY20",
      "period": "2021/6",
      "rank": 3,
      "name": "株式会社日本カストディ銀行（信託口）",
      "shareholding_ratio": 4.16,
      "shares_held": 3752000
    },
    {
      "FY": "FY20",
      "period": "2021/6",
      "rank": 4,
      "name": "CITIBANK, N.A.-NY, AS DEPOSITARY BANK FOR DEPOSITARY SHARE HOLDERS（常任代理人 シティバンク、エヌ・エイ東京支店）",
      "shareholding_ratio": 4.09,
      "shares_held": 3696000
    },
    {
      "FY": "FY20",
      "period": "2021/6",
      "rank": 5,
      "name": "内山 洋",
      "shareholding_ratio": 3.86,
      "shares_held": 3483000
    },
    {
      "FY": "FY20",
      "period": "2021/6",
      "rank": 6,
      "name": "BBH FOR UMB BANK, NA-WCM FOCUSED INTERNATIONAL GROWTH FUND（常任代理人 株式会社三菱UFJ銀行）",
      "shareholding_ratio": 3.79,
      "shares_held": 3420000
    },
    {
      "FY": "FY20",
      "period": "2021/6",
      "rank": 7,
      "name": "株式会社三菱ＵＦＪ銀行",
      "shareholding_ratio": 3.33,
      "shares_held": 3008000
    },
    {
      "FY": "FY20",
      "period": "2021/6",
      "rank": 8,
      "name": "内山 秀",
      "shareholding_ratio": 3.09,
      "shares_held": 2788000
    },
    {
      "FY": "FY20",
      "period": "2021/6",
      "rank": 9,
      "name": "前田 せつ子",
      "shareholding_ratio": 2.86,
      "shares_held": 2587000
    },
    {
      "FY": "FY20",
      "period": "2021/6",
      "rank": 10,
      "name": "SSBTC CLIENT OMNIBUS ACCOUNT（常任代理人 香港上海銀行東京支店）",
      "shareholding_ratio": 2.34,
      "shares_held": 2118000
    },
    {
      "FY": "FY21",
      "period": "2022/6",
      "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": 12.63,
      "shares_held": 11395000
    },
    {
      "FY": "FY21",
      "period": "2022/6",
      "rank": 2,
      "name": "株式会社日本カストディ銀行（信託口）",
      "shareholding_ratio": 4.69,
      "shares_held": 4231000
    },
    {
      "FY": "FY21",
      "period": "2022/6",
      "rank": 3,
      "name": "内山 靖子",
      "shareholding_ratio": 4.44,
      "shares_held": 4006000
    },
    {
      "FY": "FY21",
      "period": "2022/6",
      "rank": 4,
      "name": "内山 洋",
      "shareholding_ratio": 3.86,
      "shares_held": 3483000
    },
    {
      "FY": "FY21",
      "period": "2022/6",
      "rank": 5,
      "name": "CITIBANK, N.A.-NY, AS DEPOSITARY BANK FOR DEPOSITARY SHARE HOLDERS（常任代理人 シティバンク、エヌ・エイ東京支店）",
      "shareholding_ratio": 3.81,
      "shares_held": 3437000
    },
    {
      "FY": "FY21",
      "period": "2022/6",
      "rank": 6,
      "name": "BBH FOR UMB BANK, NA-WCM FOCUSED INTERNATIONAL GROWTH FUND（常任代理人 株式会社三菱UFJ銀行）",
      "shareholding_ratio": 3.38,
      "shares_held": 3057000
    },
    {
      "FY": "FY21",
      "period": "2022/6",
      "rank": 7,
      "name": "株式会社三菱ＵＦＪ銀行",
      "shareholding_ratio": 3.33,
      "shares_held": 3008000
    },
    {
      "FY": "FY21",
      "period": "2022/6",
      "rank": 8,
      "name": "内山 秀",
      "shareholding_ratio": 3.09,
      "shares_held": 2788000
    },
    {
      "FY": "FY21",
      "period": "2022/6",
      "rank": 9,
      "name": "前田 せつ子",
      "shareholding_ratio": 2.86,
      "shares_held": 2587000
    },
    {
      "FY": "FY21",
      "period": "2022/6",
      "rank": 10,
      "name": "SSBTC CLIENT OMNIBUS ACCOUNT（常任代理人 香港上海銀行東京支店）",
      "shareholding_ratio": 2.38,
      "shares_held": 2147000
    },
    {
      "FY": "FY22",
      "period": "2023/6",
      "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": 14.04,
      "shares_held": 12663000
    },
    {
      "FY": "FY22",
      "period": "2023/6",
      "rank": 2,
      "name": "株式会社日本カストディ銀行（信託口）",
      "shareholding_ratio": 5.06,
      "shares_held": 4567000
    },
    {
      "FY": "FY22",
      "period": "2023/6",
      "rank": 3,
      "name": "内山 洋",
      "shareholding_ratio": 4.27,
      "shares_held": 3855000
    },
    {
      "FY": "FY22",
      "period": "2023/6",
      "rank": 4,
      "name": "内山 秀",
      "shareholding_ratio": 3.84,
      "shares_held": 3466000
    },
    {
      "FY": "FY22",
      "period": "2023/6",
      "rank": 5,
      "name": "株式会社三菱ＵＦＪ銀行",
      "shareholding_ratio": 3.33,
      "shares_held": 3008000
    },
    {
      "FY": "FY22",
      "period": "2023/6",
      "rank": 6,
      "name": "前田 せつ子",
      "shareholding_ratio": 3.32,
      "shares_held": 2999000
    },
    {
      "FY": "FY22",
      "period": "2023/6",
      "rank": 7,
      "name": "SSBTC CLIENT OMNIB US ACCOUNT（常任代理人 香港上海銀行東京支店）",
      "shareholding_ratio": 2.46,
      "shares_held": 2220000
    },
    {
      "FY": "FY22",
      "period": "2023/6",
      "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": 1.88,
      "shares_held": 1702000
    },
    {
      "FY": "FY22",
      "period": "2023/6",
      "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": 1.71,
      "shares_held": 1551000
    },
    {
      "FY": "FY22",
      "period": "2023/6",
      "rank": 10,
      "name": "UCHIYAMAHOLDINGS株式会社",
      "shareholding_ratio": 1.65,
      "shares_held": 1495000
    },
    {
      "FY": "FY23",
      "period": "2024/6",
      "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": 20.73,
      "shares_held": 18698000
    },
    {
      "FY": "FY23",
      "period": "2024/6",
      "rank": 2,
      "name": "株式会社日本カストディ銀行（信託口）",
      "shareholding_ratio": 7.8,
      "shares_held": 7036000
    },
    {
      "FY": "FY23",
      "period": "2024/6",
      "rank": 3,
      "name": "内山 洋",
      "shareholding_ratio": 3.11,
      "shares_held": 2813000
    },
    {
      "FY": "FY23",
      "period": "2024/6",
      "rank": 4,
      "name": "内山 秀",
      "shareholding_ratio": 3.09,
      "shares_held": 2788000
    },
    {
      "FY": "FY23",
      "period": "2024/6",
      "rank": 5,
      "name": "前田 せつ子",
      "shareholding_ratio": 3.03,
      "shares_held": 2734000
    },
    {
      "FY": "FY23",
      "period": "2024/6",
      "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": 1.9,
      "shares_held": 1722000
    },
    {
      "FY": "FY23",
      "period": "2024/6",
      "rank": 7,
      "name": "株式会社三菱ＵＦＪ銀行",
      "shareholding_ratio": 1.66,
      "shares_held": 1504000
    },
    {
      "FY": "FY23",
      "period": "2024/6",
      "rank": 8,
      "name": "UCHIYAMA HOLDINGS 株式会社",
      "shareholding_ratio": 1.63,
      "shares_held": 1477000
    },
    {
      "FY": "FY23",
      "period": "2024/6",
      "rank": 9,
      "name": "高橋 はる香",
      "shareholding_ratio": 1.59,
      "shares_held": 1440000
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