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Status of Shareholders

As of February 28, 2019

Total authorized shares 267,000,000
Total issued shares 54,291,435
Shareholders 6,308

Major Shareholders (Top 10)

Shareholder Name Shares Owned (1,000s) Issued Shares Owned (%)
Benesse Holdings, Inc. 33,610 61.90
SB Asset Management Co., Ltd. 10,709 19.72
The Master Trust Bank of Japan, Ltd. (Trust Account) 1,716 3.16
Shinji Baba 1,588 2.92
Japan Trustee Services bank, Ltd. (Trust Account) 1,137 2.09
Isao Ishihara 397 0.73
ML PRO SEGREGATION ACCOUNT 278 0.51
Trust & Custody Services Bank, Ltd. 271 0.50
Kyoko Ishihara 266 0.48
GOVERNMENT OF NORWAY 249 0.45

Note: In addition to the above, the Company holds 136 shares (0.0%) of treasury stock.

Distribution of Shares

The Number of ShareholdersIndividual&Other 6,145 people Financial Institutions, Crokerages, etc. 45 people Foreigners 68 people Other Corporations 50 people
Owned Number of SharesOther Corporations 44,574,000 people Individual&Other 4,360,000 share Financial Institutions, Brokerages, etc. 3,605,000 share Foreigners 1,750,000 share