ARE Holdings

Shareholders

Foreign ownership · FYE Mar 2025: 22.0%
Financial institutions: 27.9%
Other corporations: 2.3%
Individuals & others: 43.7%
Ten largest, combined: 34.8%
Shareholders: 37,030

Ownership mix Financial institutions Securities firms Other corporations Foreign corporations Foreign individuals Individuals & others

Share of the company held by each class of owner, as filed each year (%). The seven classes add up to the whole company.

Ownership by holder class, every year on record (%), 2019–2025. Scroll sideways for earlier years.
Fiscal year	Unit	2019 ^*1 FYE Mar	2020 ^*1 FYE Mar	2021 ^*1 FYE Mar	2022 ^*1 FYE Mar	2023 ^*1 FYE Mar	2024 ^*1 FYE Mar	2025 ^*1 FYE Mar
Financial institutions	%	30.3%	31.1%	27.7%	29.4%	28.5%	27.4%	27.9%
Securities firms	%	2.6%	1.5%	3.0%	1.8%	1.8%	2.0%	4.3%
Other corporations	%	7.0%	3.2%	2.4%	2.4%	2.1%	2.5%	2.3%
Foreign corporations	%	21.5%	25.7%	24.8%	24.8%	24.5%	21.8%	21.9%
Foreign individuals	%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.1%
Individuals & others	%	38.6%	38.4%	42.0%	41.6%	43.1%	46.3%	43.7%
Shareholders	holders	15,483	16,092	23,020	28,240	32,876	41,755	37,030

*1 Securities report (yuka shoken hokokusho) — status of shares by holder category, as filed

Foreign ownership Foreign holders, combined Foreign corporations Foreign individuals

How much of the company sits with holders outside Japan (%). Almost all of it is institutional: overseas individuals rarely hold Japanese stock directly.

Foreign holdings by fiscal year (%), with the year-on-year move in percentage points.
Fiscal year	Unit	2019 ^*1 FYE Mar	2020 ^*1 FYE Mar	2021 ^*1 FYE Mar	2022 ^*1 FYE Mar	2023 ^*1 FYE Mar	2024 ^*1 FYE Mar	2025 ^*1 FYE Mar
Foreign holders, combined	%	21.5%	25.7%	24.8%	24.8%	24.5%	21.8%	22.0%
Change	pp	—	+4.2pp	-0.9pp	0.0pp	-0.3pp	-2.7pp	+0.2pp
Foreign corporations	%	21.5%	25.7%	24.8%	24.8%	24.5%	21.8%	21.9%
Foreign individuals	%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.1%
Foreign corporate holders	holders	178	184	218	219	216	214	207

*1 Securities report (yuka shoken hokokusho) — status of shares by holder category, as filed

Concentration Ten largest, combined Largest holder

How much of the company the ten largest shareholders hold between them (%). Japanese filings list trust banks and custodians under their own names, so a single line here often stands for many underlying investors.

Combined stake of the ten largest shareholders, and of the single largest, by fiscal year (%).
Fiscal year	Unit	2016 ^*1 FYE Mar	2017 ^*1 FYE Mar	2018 ^*1 FYE Mar	2019 ^*1 FYE Mar	2020 ^*1 FYE Mar	2021 ^*1 FYE Mar	2022 ^*1 FYE Mar	2023 ^*1 FYE Mar	2024 ^*1 FYE Mar	2025 ^*1 FYE Mar
Ten largest, combined	%	24.7%	26.6%	28.9%	33.7%	31.7%	26.8%	35.0%	35.9%	34.6%	34.8%
Change	pp	—	+1.9pp	+2.3pp	+4.8pp	-2.0pp	-4.9pp	+8.2pp	+0.9pp	-1.3pp	+0.2pp
Largest holder	%	5.5%	6.1%	7.8%	10.2%	8.8%	7.7%	15.7%	16.6%	15.3%	16.1%

*1 Securities report (yuka shoken hokokusho) — ten largest shareholders, as filed

Holders and shares by class

The counts behind the percentages: how many shareholders sit in each class, and how much stock they hold. Shares are in trading units (tan'i) as filed — one unit is usually 100 shares.

Shareholder counts and holdings by class, every year on record. Treasury stock and odd-lot holdings are excluded, so the classes may not sum exactly to the issued total.
Fiscal year	Unit	2019 ^*1 FYE Mar	2020 ^*1 FYE Mar	2021 ^*1 FYE Mar	2022 ^*1 FYE Mar	2023 ^*1 FYE Mar	2024 ^*1 FYE Mar	2025 ^*1 FYE Mar
Financial institutions — holders	holders	30	34	40	35	41	42	30
Securities firms — holders	holders	38	30	30	35	32	29	30
Other corporations — holders	holders	106	111	163	194	214	259	215
Foreign corporations — holders	holders	178	184	218	219	216	214	207
Foreign individuals — holders	holders	13	17	23	39	43	76	69
Individuals & others — holders	holders	15,118	15,716	22,546	27,718	32,330	41,135	36,479
All holders	holders	15,483	16,092	23,020	28,240	32,876	41,755	37,030
Financial institutions — shares	units	120,697	123,955	110,360	234,336	226,974	217,462	221,414
Securities firms — shares	units	10,172	6,110	12,005	13,937	14,126	16,256	33,768
Other corporations — shares	units	27,845	12,882	9,536	19,402	16,387	19,669	17,867
Foreign corporations — shares	units	85,573	102,245	98,799	197,334	195,035	173,347	174,293
Foreign individuals — shares	units	47	65	66	156	213	351	427
Individuals & others — shares	units	153,663	152,732	167,064	331,255	343,028	367,606	347,132
All shares	units	397,997	397,989	397,830	796,420	795,763	794,691	794,901

*1 Securities report (yuka shoken hokokusho) — status of shares by holder category, as filed

日本語版 — the named list of major shareholders → The ten largest holders are filed under their registered Japanese names — trust-bank omnibus accounts and transliterated custodian names that have no English equivalent — so they are not reproduced here. The Japanese edition carries the full name-by-name table, year by year.

Figures are the ownership breakdown as filed in each year's securities report, at that fiscal year's record date. Treasury stock and odd-lot holdings are excluded from the class percentages, so a company that holds much of its own stock will show classes summing to slightly under the whole.

Read the company history → Financial history → 日本語版（詳細）— full shareholder data in Japanese →

Disclaimer

This page is provided for general information only and is not investment advice, nor a recommendation to buy or sell any security.
Figures are compiled independently and include our own estimates, approximations and machine-processed data; we make no warranty as to their accuracy or completeness.
Sources are primarily each company's securities reports and other public filings, but errors and omissions may remain.
Ownership changes continuously; a filed breakdown describes one record date, not the position today.
Company names, logos and other marks belong to their respective owners.

Data API

ARE Holdings’s history, financials, executives and shareholders are published as static JSON — no key, plain GET. Full specification →

Method	Endpoint	Returns
GET	/api/companies.json	All companies
GET	/api/5857/manifest.json	Resource index
GET	/api/5857/history.json	History overview
GET	/api/5857/timeline.json	Chronology
GET	/api/decisions.json	All management decisions (index)
GET	/api/5857/decisions.json	Management decisions (index)
GET	/api/5857/decisions/{slug}.json	One decision (full dossier)
GET	/api/5857/executives.json	Executives
GET	/api/5857/shareholders.json	Major shareholders
GET	/api/5857/financials.json	Financial statements
GET	/api/5857/financials-longterm.json	Long-term results
GET	/api/5857/segments.json	Business segments
GET	/api/5857/regions.json	Sales by region
GET	/api/5857/workforce.json	Workforce