Principal Shareholders

As of March 31, 2025

Shareholders Number of shares owned (thousands) Holding ratio
1 The Master Trust Bank of Japan, Ltd. (trust account) 156,397 13.62%
2 Shigenobu Nagamori 98,948 8.61%
3 Custody Bank of Japan, Ltd. (trust account) 60,405 5.26%
4 The Bank of Kyoto, Ltd. 49,596 4.32%
5 SN KOSAN LLC 40,491 3.52%
MUFG Bank, Ltd. 29,703 2.58%
7 Nippon Life Insurance Company 26,318 2.29%
8 Meiji Yasuda Life Insurance Company 25,608 2.23%
9 STATE STREET BANK AND TRUST COMPANY 505001 22,332 1.94%
10 THE SHIGA BANK, Ltd. 17,643 1.53%

*1. The numbers of shares owned have been rounded down to the nearest 1,000 shares.
*2. The Company’s holding of 44,588,381 treasury stock is excluded from the above major shareholders. The shareholding ratio was calculated excluding treasury stock. Treasury stock do not include shares of the Company held by the BIP (Board Incentive Plan) Trust and the ESOP (Employee Stock Ownership Plan) Trust.