Principal Shareholders

as of September 30, 2023

Shareholders Number of shares
(thousands of share)
Ratio of
shareholdings
Hanshin Electric Railway Co., Ltd. 14,749 11.78
The Master of Trust Bank of Japan, Ltd. (Trust account) 13,370 10.67
Hankyu Hanshin Holdings, Inc. 10,337 8.25
Custody Bank of Japan, Ltd. (Trust account) 5,197 4.15
Company's Kyowakai Assn. 2,936 2.34
BNYM AS AGT/CLTS 10PERCENT 2,287 1.82
H2O Retailing Group Employees' Shareholding Association 1,745 1.39
GOVERNMENT OF NORWAY 1,409 1.12
STATE STREET BANK WEST CLIENT-TREATY 505234 1,246 0.99
Nippon Life Insurance Company 1,133 0.90

*Shareholding ratio is calculated by deducting treasury shares from total shares issued.

Shares by type of shareholders

as of September 30, 2023

(%)
Government and local public entities Japanese financial institutions Japanese securities companies Other Japanese companies Foreign investors Japanese individuals and others Treasury shares
Shares by type of shareholders 0.0 17.8 1.0 27.7 17.0 28.4 8.0