Tosei

Shareholders

Foreign ownership · FYE Nov 2025: 27.5%
Financial institutions: 13.8%
Other corporations: 29.0%
Individuals & others: 26.2%
Ten largest, combined: 61.4%
Shareholders: 24,468

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 Nov	2020 ^*1 FYE Nov	2021 ^*1 FYE Nov	2022 ^*1 FYE Nov	2023 ^*1 FYE Nov	2024 ^*1 FYE Nov	2025 ^*1 FYE Nov
Financial institutions	%	9.3%	9.8%	10.5%	13.4%	13.2%	14.5%	13.8%
Securities firms	%	2.0%	1.6%	5.5%	3.2%	2.6%	2.5%	3.5%
Other corporations	%	12.4%	12.4%	12.4%	12.6%	12.5%	27.9%	29.0%
Foreign corporations	%	35.2%	35.0%	27.7%	27.8%	27.8%	27.4%	27.5%
Foreign individuals	%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%
Individuals & others	%	41.0%	41.1%	43.8%	42.9%	43.8%	27.8%	26.2%
Shareholders	holders	14,419	22,749	16,038	19,643	22,172	24,581	24,468

*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 Nov	2020 ^*1 FYE Nov	2021 ^*1 FYE Nov	2022 ^*1 FYE Nov	2023 ^*1 FYE Nov	2024 ^*1 FYE Nov	2025 ^*1 FYE Nov
Foreign holders, combined	%	35.2%	35.0%	27.8%	27.8%	27.8%	27.4%	27.5%
Change	pp	—	-0.2pp	-7.2pp	0.0pp	0.0pp	-0.4pp	+0.1pp
Foreign corporations	%	35.2%	35.0%	27.7%	27.8%	27.8%	27.4%	27.5%
Foreign individuals	%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%
Foreign corporate holders	holders	192	196	209	196	189	192	216

*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 Nov	2017 ^*1 FYE Nov	2018 ^*1 FYE Nov	2019 ^*1 FYE Nov	2020 ^*1 FYE Nov	2021 ^*1 FYE Nov	2022 ^*1 FYE Nov	2023 ^*1 FYE Nov	2024 ^*1 FYE Nov	2025 ^*1 FYE Nov
Ten largest, combined	%	65.2%	64.6%	65.8%	65.5%	63.4%	61.0%	64.7%	63.0%	62.9%	61.4%
Change	pp	—	-0.6pp	+1.2pp	-0.3pp	-2.1pp	-2.4pp	+3.7pp	-1.7pp	-0.1pp	-1.5pp
Largest holder	%	26.7%	26.7%	26.5%	27.1%	27.3%	27.0%	27.3%	26.6%	15.5%	15.5%

*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 Nov	2020 ^*1 FYE Nov	2021 ^*1 FYE Nov	2022 ^*1 FYE Nov	2023 ^*1 FYE Nov	2024 ^*1 FYE Nov	2025 ^*1 FYE Nov
Financial institutions — holders	holders	20	20	16	13	21	17	14
Securities firms — holders	holders	24	22	26	22	22	18	19
Other corporations — holders	holders	118	166	135	171	219	237	232
Foreign corporations — holders	holders	192	196	209	196	189	192	216
Foreign individuals — holders	holders	17	35	28	36	41	54	44
Individuals & others — holders	holders	14,048	22,310	15,624	19,205	21,680	24,063	23,943
All holders	holders	14,419	22,749	16,038	19,643	22,172	24,581	24,468
Financial institutions — shares	units	45,370	47,809	51,122	65,352	64,314	70,406	67,161
Securities firms — shares	units	9,631	8,060	26,705	15,783	12,920	11,973	17,117
Other corporations — shares	units	60,442	60,471	60,622	61,222	60,642	135,781	140,969
Foreign corporations — shares	units	170,956	170,340	134,987	135,337	135,267	133,252	133,830
Foreign individuals — shares	units	18	39	107	121	155	169	151
Individuals & others — shares	units	199,489	200,072	213,209	208,900	213,369	135,032	127,340
All shares	units	485,906	486,791	486,752	486,715	486,667	486,613	486,568

*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

Tosei’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/8923/manifest.json	Resource index
GET	/api/8923/history.json	History overview
GET	/api/8923/timeline.json	Chronology
GET	/api/decisions.json	All management decisions (index)
GET	/api/8923/decisions.json	Management decisions (index)
GET	/api/8923/decisions/{slug}.json	One decision (full dossier)
GET	/api/8923/executives.json	Executives
GET	/api/8923/shareholders.json	Major shareholders
GET	/api/8923/financials.json	Financial statements
GET	/api/8923/financials-longterm.json	Long-term results
GET	/api/8923/segments.json	Business segments
GET	/api/8923/regions.json	Sales by region
GET	/api/8923/workforce.json	Workforce