5331
Noritake Company Limited
ノリタケ株式会社
Glass & Ceramics Products
Noritake Co., Limited with its subsidiaries, provides industrial, ceramic and material, engineering, and tabletop products in Japan and internationally. It offers grinding and polishing tools comprising grinding wheels, CBN wheels, diamond tools, coated abrasives, coolants, and recycled products; ceramics and materials, such as vacuum fluorescent display, electronic ceramic powders, thick film circuit substrate, decoration materials, engineering ceramics, electronic paste, and gypsum. The company also provides engineering products comprising heating furnaces/kilns, actuator-less line mixers and related equipment, cutting machines, and filtration systems; and tabletop products, including chinaware for family table, gift, and ornament, as well as tableware for professional and institutional use. The company was founded in 1904 and is headquartered in Nagoya, Japan.
Price
¥3,935
Market Cap
¥113.2B
Ent. Value
¥102.7B
Net Cash
¥10.5B
Shares Out.
28.8M
P / E
8.7×
EV / EBIT
10.1×
P / Book
0.74×
P / NCAV
2.64×
Div. Yield
3.43%
Financials
| Metric |
FY 2024
EDINET ↗ |
FY 2023
EDINET ↗ |
FY 2022
EDINET ↗ |
FY 2021
EDINET ↗ |
|---|---|---|---|---|
| Net Sales | ¥138.2B | ¥137.9B | ¥139.5B | ¥127.6B |
| Cost of Sales | ¥99.5B | ¥100.1B | ¥104.1B | ¥92.6B |
| Gross Profit | ¥38.6B | ¥37.8B | ¥35.4B | ¥35.1B |
| SG&A | ¥28.4B | ¥27.1B | ¥26.4B | ¥25.7B |
| Operating Income | ¥10.2B | ¥10.7B | ¥9.0B | ¥9.4B |
| Non-Operating Income | ¥4.2B | ¥4.2B | ¥3.7B | ¥3.4B |
| Dividend Income | ¥1.1B | ¥1.0B | ¥1.1B | ¥801M |
| Interest Income | ¥343M | ¥297M | ¥146M | ¥44M |
| Non-Operating Expenses | ¥421M | ¥242M | ¥228M | ¥247M |
| Interest Expense | ¥32M | ¥20M | ¥26M | ¥25M |
| Ordinary Income | ¥14.0B | ¥14.6B | ¥12.4B | ¥12.5B |
| Pre-tax Income | ¥17.3B | ¥15.4B | ¥12.6B | ¥11.5B |
| Income Taxes | ¥4.3B | ¥3.9B | ¥2.5B | ¥2.4B |
| Current Tax | ¥4.8B | ¥4.8B | ¥2.7B | ¥2.6B |
| Deferred Tax | ¥-448M | ¥-911M | ¥-180M | ¥-177M |
| Net Income (owners) | ¥12.9B | ¥11.5B | ¥10.0B | ¥9.1B |
| Minority Interest | ¥31M | ¥43M | ¥28M | ¥16M |
| Comprehensive Income | ¥9.2B | ¥22.3B | ¥12.2B | ¥8.8B |
| EBITDA | ¥15.3B | ¥15.5B | ¥13.8B | ¥14.1B |
| Goodwill Amort. (J-GAAP) | ¥10M | — | ¥10M | ¥10M |
| EPS | ¥450.25 | ¥396.46 | ¥694.56 | ¥628.27 |
| Shares Outstanding | 28.8M | 14.7M | 14.7M | 14.6M |
| Shares Issued (total) | 29.0M | 14.8M | 14.8M | 14.8M |
| Treasury Shares | 0.3M | 0.1M | 0.1M | 0.2M |
| Metric |
FY 2024
EDINET ↗ |
FY 2023
EDINET ↗ |
FY 2022
EDINET ↗ |
FY 2021
EDINET ↗ |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | ¥198.3B | ¥202.1B | ¥180.6B | ¥163.6B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Current Assets | ¥90.4B | ¥96.6B | ¥88.6B | ¥73.7B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Cash & Deposits | ¥16.6B | ¥21.3B | ¥14.6B | ¥14.2B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Trade Receivables | ¥26.8B | ¥28.0B | ¥33.7B | ¥25.7B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Non-Current Assets | ¥107.9B | ¥105.5B | ¥92.0B | ¥89.9B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| PP&E | ¥52.8B | ¥46.4B | ¥45.9B | ¥44.9B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Goodwill | ¥116M | — | — | ¥10M | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Intangible Assets | ¥2.3B | ¥1.9B | ¥1.9B | ¥1.6B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Investment Securities | ¥42.9B | ¥47.5B | ¥38.4B | ¥38.3B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Deferred Tax Assets | ¥1.0B | ¥1.1B | ¥986M | ¥821M | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Total Liabilities | ¥47.5B | ¥54.1B | ¥51.6B | ¥44.8B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Current Liabilities | ¥37.1B | ¥41.7B | ¥42.1B | ¥35.2B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Accounts Payable | ¥8.1B | ¥9.8B | ¥10.0B | ¥10.0B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ST Debt | ¥6.1B | ¥2.6B | ¥12.4B | ¥6.5B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Taxes Payable | ¥2.6B | ¥3.5B | ¥1.4B | ¥2.0B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Non-Current Liabilities | ¥10.4B | ¥12.4B | ¥9.5B | ¥9.5B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Pension Obligations | ¥1.4B | ¥1.7B | ¥1.4B | ¥1.6B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Deferred Tax Liab. | ¥7.4B | ¥9.3B | ¥6.5B | ¥6.6B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Total Equity | ¥150.9B | ¥148.0B | ¥129.0B | ¥118.8B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Capital Stock | ¥15.6B | ¥15.6B | ¥15.6B | ¥15.6B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Capital Surplus | ¥18.4B | ¥18.6B | ¥18.6B | ¥18.5B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Retained Earnings | ¥95.2B | ¥88.0B | ¥79.9B | ¥72.0B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Treasury Stock | ¥-1.5B | ¥-1.1B | ¥-1.3B | ¥-1.2B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| AOCI | ¥22.2B | ¥26.0B | ¥15.3B | ¥13.2B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Equity (owners) | ¥127.8B | ¥121.1B | ¥112.9B | ¥105.0B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Minority Interests | ¥885M | ¥869M | ¥772M | ¥679M | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Total Interest-Bearing Debt ⓘ | ¥6.1B | ¥2.6B | ¥12.4B | ¥6.5B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Net Cash ⓘ | ¥10.5B | ¥18.7B | ¥2.2B | ¥7.7B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| NCAV ⓘ | ¥43.0B | ¥42.5B | ¥37.0B | ¥28.9B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| NCAV/Share | ¥1,493 | ¥2,888 | ¥2,514 | ¥1,973 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| BV/Share | ¥4,441 | ¥8,232 | ¥7,675 | ¥7,165 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Metric |
FY 2024
EDINET ↗ |
FY 2023
EDINET ↗ |
FY 2022
EDINET ↗ |
FY 2021
EDINET ↗ |
|---|---|---|---|---|
| Operating CF | ¥2.0B | ¥22.0B | ¥-213M | ¥12.8B |
| Taxes Paid | ¥-5.8B | ¥-2.4B | — | — |
| Interest Paid | ¥-32M | ¥-20M | ¥-26M | ¥-25M |
| Interest Received | ¥2.0B | ¥1.8B | ¥1.7B | ¥1.2B |
| D&A | ¥5.1B | ¥4.8B | ¥4.8B | ¥4.7B |
| Goodwill Amort. | ¥10M | — | ¥10M | ¥10M |
| Investing CF | ¥-5.3B | ¥-3.2B | ¥-3.5B | ¥-5.8B |
| Purchase Investments | ¥-21M | ¥-20M | ¥-160M | ¥-740M |
| Proceeds from Invest. | ¥3.8B | ¥2.6B | ¥1.7B | ¥185M |
| Financing CF | ¥-3.0B | ¥-13.5B | ¥3.3B | ¥-5.4B |
| Dividends Paid | ¥-3.8B | ¥-3.5B | ¥-2.5B | ¥-1.5B |
| Share Buybacks | ¥-2.5B | ¥-6M | ¥-274M | ¥-3M |
| LT Debt Repaid | — | — | ¥-900M | ¥-15M |
| Free Cash Flow | ¥2.0B | ¥22.0B | ¥-213M | ¥12.8B |
| Net Change in Cash | ¥-6.1B | ¥6.0B | ¥-140M | ¥2.0B |
| Metric |
FY 2024
EDINET ↗ |
FY 2023
EDINET ↗ |
FY 2022
EDINET ↗ |
FY 2021
EDINET ↗ |
|---|---|---|---|---|
| ROE | 8.7% | 8.3% | 8.1% | 7.9% |
| ROA | 6.5% | 6.0% | 5.8% | 5.5% |
| EPS | ¥450.25 | ¥396.46 | ¥694.56 | ¥628.27 |
| DPS | ¥135.00 | ¥250.00 | ¥205.00 | ¥150.00 |
| BPS | ¥5,286.10 | ¥5,074.49 | ¥8,881.90 | ¥8,183.66 |
| FCF/Share | ¥70 | ¥1,498 | ¥-14 | ¥876 |
| NCAV/Share | ¥1,493 | ¥2,888 | ¥2,514 | ¥1,973 |
| Payout Ratio | 30.0% | 63.1% | 29.5% | 23.9% |
Event Timeline
S Shareholder
A Capital Signal
Large Shareholder Reports 13
Capital Allocation Signals 1
| Date | Type | Amount | Summary | |
|---|---|---|---|---|
|
2026-05-12
14:00
|
Div Increase | ¥2.8B ¥100.0/sh +43% | Noritake Co., Ltd. announced a special dividend increase for FY2026 (ended March 31, 2026), raising the interim dividend… | |
|
Summary
Noritake Co., Ltd. announced a special dividend increase for FY2026 (ended March 31, 2026), raising the interim dividend to ¥100 per share (¥2.8 billion total) from a prior forecast of ¥80 per share, representing a 25% increase over prior-year's ¥70 per share. The company maintains its long-term dividend policy of 35%+ consolidated payout ratio and targets ¥140+ annual per-share dividend with 50%+ total shareholder return ratio over the medium-term plan period (FY2026-FY2028).
Deadline: 2026-06-04
Shares: 28,000,000
YoY: +43%
Source (JP)
当期の期末配当金を1株当たり100円(直近の配当予想80円)とすることといたしました。前期実績(2025年3月期)70円
剰余金の配当に関するお知らせ
TDnet PDF
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| # | Shareholder | Shares (thou.) | % of Total |
|---|---|---|---|
| 1 |
Japan Master Trust Bank
日本マスタートラスト信託銀行株式会社(信託口)
|
3,186 | 11.08% |
| 2 |
Meiji Yasuda Life Insurance
明治安田生命保険相互会社 (常任代理人 株式会社日本カストディ銀行)
|
2,582 | 8.97% |
| 3 |
Dai-ichi Life Insurance
第一生命保険株式会社 (常任代理人 株式会社日本カストディ銀行)
|
2,082 | 7.24% |
| 4 |
Japan Custody Bank
株式会社日本カストディ銀行(信託口)
|
1,212 | 4.22% |
| 5 |
TOTO
TOTO株式会社
|
814 | 2.83% |
| 6 |
Nippon Life Insurance
日本生命保険相互会社 (常任代理人 日本マスタートラスト信託銀行株式会社)
|
768 | 2.67% |
| 7 |
MUFG Bank
株式会社三菱UFJ銀行
|
731 | 2.54% |
| 8 | RE FUND 107-CLIENT AC (常任代理人 シティバンク、エヌ・エイ東京支店) | 499 | 1.74% |
| 9 |
Business Partner Stock Ownership Plan
ノリタケ取引先持株会
|
442 | 1.54% |
| 10 | 日本碍子株式会社 | 419 | 1.46% |
as of 2025-03-31
Source: EDINET ↗
Ownership by year — hover bars for detail
Domestic Nominees
15.3%
-0.9% vs 2024
Trust bank custodians — GPIF, pensions, investment trusts
Foreign Custodians
0.0%
+0.0% vs 2024
Sub-custodians for foreign asset managers
Direct / Strategic
29.0%
+1.8% vs 2024
Named entities with disclosed investment intent
Bar = % of shares outstanding · top-10 covers 44.3% · grey = other shareholders · 2025
| Shareholder | Trend | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Japan Master Trust Bank 日本マスタートラスト信託銀行 | 11.75% | 12.12% | 11.08% -1.04% | |
| Meiji Yasuda Life Insurance 明治安田生命保険 | 8.78% | 8.78% | 8.97% +0.19% | |
| Dai-ichi Life Insurance 第一生命保険 | 7.08% | 7.08% | 7.24% +0.16% | |
| Japan Custody Bank 日本カストディ銀行 | 4.39% | 4.08% | 4.22% +0.14% | |
| TOTO TOTO | 3.54% | 3.15% | 2.83% -0.32% | |
| Nippon Life Insurance 日本生命保険 | 2.61% | 2.61% | 2.67% +0.06% | |
| MUFG Bank 式会社三菱UFJ銀行 | 2.49% | 2.49% | 2.54% +0.05% | |
| RE FUND 107-CLIENT AC NEW ENTRY | — | — | — | 1.74% NEW |
| Business Partner Stock Ownership Plan ノリタケ取引先持株会 | 1.72% | 1.63% | 1.54% -0.09% | |
| 日本碍子 NEW ENTRY | — | — | — | 1.46% NEW |
| Tokio Marine & Nichido Fire Insurance Co., Ltd. 東京海上日動火災保険 last seen 2024 | Exited Top 10 | — | 1.49% | — |
| BNP PARIBAS LUXEMBOURG/2S/JASDEC/JANUS HENDERSON HORIZON FUND last seen 2023 | Exited Top 10 | 1.88% | — | — |
| Concentration (HHI) ⓘ | 317 | 319 | 303 |
3 fiscal years · top-10 holders per year · >2,500 HHI = high concentration · entity-resolved
Portfolio Book Value
¥27,192M
+9% since 2023
Holdings
59
+4 new
10 exited
Trend
3 unwinding
vs 2023
| Held Company | FY2025 ¥27,192M total | FY2023 ¥24,936M total | |||
|---|---|---|---|---|---|
| Book Val ¥M | Shares | Book Val ¥M | Shares | ||
|
TOTO LTD.
TOTO株式会社
|
6,643 |
-15.2%
↓
1,706,557
|
8,893 | 2,012,157 | M |
|
Niterra Co., Ltd.
日本特殊陶業株式会社
|
6,288 |
-5.0%
↓
1,390,937
|
4,005 | 1,463,937 | M |
|
Mitsubishi UFJ Financial Group, Inc.
株式会社三菱UFJフィナンシャル・グループ
|
4,459 |
NEW
New
2,217,750
|
— | M | |
| 日本碍子株式会社 | 2,983 |
1,625,469
|
2,847 | 1,625,469 | M |
|
MEIKO TRANS CO.,LTD.
名港海運株式会社
|
1,515 |
959,242
|
1,135 | 959,242 | M |
|
The Bank of Nagoya, Ltd.
株式会社名古屋銀行
|
852 |
108,300
|
341 | 108,300 | M |
|
Daido Special Steel Co., Ltd.
大同特殊鋼株式会社
|
832 |
+400.0%
↑
699,490
|
727 | 139,898 | M |
|
Aichi Financial Group Co., Ltd.
株式会社あいちフィナンシャルグループ
|
621 |
NEW
New
217,782
|
— | M | |
|
Daiichi Jitsugyo Co., Ltd.
第一実業株式会社
|
455 |
+200.0%
↑
209,100
|
388 | 69,700 | M |
|
Makita Corporation
株式会社マキタ
|
443 |
90,000
|
295 | 90,000 | M |
|
ISEWAN TERMINAL SERVICE CO.,LTD.
伊勢湾海運株式会社
|
418 |
561,330
|
403 | 561,330 | M |
|
Tokio Marine Holdings, Inc.
東京海上ホールディングス株式会社
|
371 |
NEW
New
64,845
|
— | M | |
|
SEINO HOLDINGS CO.,LTD.
セイノーホールディングス株式会社
|
350 |
151,855
|
221 | 151,855 | M |
|
TYK CORPORATION
東京窯業株式会社
|
210 |
434,000
|
143 | 434,000 | M |
|
Ecology and Combustion Inc.
株式会社エコム
|
124 |
NEW
New
102,000
|
— | ||
| 第一生命ホールディングス株式会社 | 114 |
25,200
|
61 | 25,200 | M |
|
taisei corporation
大成建設株式会社
|
99 |
-50.0%
↓
15,000
|
122 | 30,000 | M |
|
Imperial Hotel, Ltd.
株式会社帝国ホテル
|
71 |
+100.0%
↑
80,400
|
77 | 40,200 | |
|
NIKKATO CORPORATION
株式会社ニッカトー
|
68 |
135,800
|
85 | 135,800 | M |
|
TOKYU CORPORATION
東急株式会社
|
55 |
33,201
|
58 | 33,201 | |
|
MICRON MACHINERY CO., LTD.
ミクロン精密株式会社
|
45 |
30,000
|
39 | 30,000 | |
|
PARKER CORPORATION
株式会社パーカーコーポレーション
|
42 |
53,480
|
32 | 53,480 | |
|
CHUBU-NIPPON BROADCASTING Co.,LTD.
中部日本放送株式会社
|
28 |
43,560
|
23 | 43,560 | |
|
RIX CORPORATION
リックス株式会社
|
28 |
9,600
|
24 | 9,600 | M |
|
ANA HOLDINGSINC.
ANAホールディングス株式会社
|
20 |
7,370
|
21 | 7,370 | |
|
NIPPON THOMPSON CO., LTD.
日本トムソン株式会社
|
15 |
31,880
|
18 | 31,880 | M |
|
ROYAL HOLDINGS Co., Ltd.
ロイヤルホールディングス株式会社
|
15 |
6,000
|
16 | 6,000 | |
|
Misonoza Co.
株式会社御園座
|
10 |
6,000
|
10 | 6,000 | |
|
Sun Messe Co.,Ltd.
サンメッセ株式会社
|
8 |
22,000
|
7 | 22,000 | M |
|
HOTEL NEW GRAND CO.,LTD
株式会社ホテル、ニューグランド
|
6 |
1,200
|
4 | 1,200 | |
|
Mizuho Financial Group, Inc.
株式会社みずほフィナンシャルグループ
|
4 |
1,080
|
2 | 1,080 | M |
|
TOYOTA MOTOR CORPORATION
トヨタ自動車株式会社(注3)
|
— | — | |||
|
Tokyo Kaikan Co.,Ltd.
株式会社東京會舘(注3)
|
— | — | M | ||
|
THE ROYAL HOTEL,LIMITED
株式会社ロイヤルホテル(注3)
|
— | — | |||
|
FUJITA KANKO INC.
藤田観光株式会社(注3)
|
— | — | |||
|
FUJITA KANKO INC.
藤田観光株式会社(注7)
|
— | — | |||
| J.フロント リテイリング株式会社(注6) | — | — | |||
|
Isetan Mitsukoshi Holdings Ltd.
株式会社三越伊勢丹ホールディングス(注6)
|
— | — | |||
|
繝ッ繧キ繝ウ繝医Φ繝帙ユ繝ォ譬ェ蠑丈シ夂、セ
ワシントンホテル株式会社(注6)
|
— | — | |||
|
FUJIMI INCORPORATED
株式会社フジミインコーポレーテッド(注6)
|
— | — | |||
|
NIPPON STEEL CORPORATION
日本製鉄株式会社(注6)
|
— | — | |||
|
Kobe Steel, Ltd.
株式会社神戸製鋼所(注6)
|
— | — | |||
|
JFE Holdings,Inc.
JFEホールディングス株式会社(注6)
|
— | — | |||
|
Sanyo Special Steel Co.,Ltd.
山陽特殊製鋼株式会社(注6)
|
— | — | |||
|
OKUMA Corporation
オークマ株式会社(注6)
|
— | — | |||
|
OSG Corporation
オーエスジー株式会社(注6)
|
— | — | |||
|
TPR CO .,LTD.
TPR株式会社(注6)
|
— | — | |||
|
NSK Ltd.
日本精工株式会社(注6)
|
— | — | |||
|
NTN CORPORATION
NTN株式会社(注6)
|
— | — | |||
|
NACHI-FUJIKOSHI CORP.
株式会社不二越(注6)
|
— | — | |||
|
ROHM COMPANY LIMITED
ローム株式会社(注6)
|
— | — | |||
|
NISSAN MOTOR CO., LTD.
日産自動車株式会社(注6)
|
— | — | |||
|
Mazda Motor Corporation
マツダ株式会社(注6)
|
— | — | |||
|
FUJI OOZX Inc.
フジオーゼックス株式会社(注6)
|
— | — | |||
|
Wakita & Co.,LTD.
株式会社ワキタ(注6)
|
— | — | |||
|
Takashimaya Company,Limited
株式会社髙島屋(注6)
|
— | — | |||
|
Daiwa Co.
株式会社大和(注6)
|
— | — | |||
|
Izutsuya Co.
株式会社井筒屋(注6)
|
— | — | |||
|
NYK Line Co.
日本郵船株式会社(注6)
|
— | — | |||
|
Mitsubishi UFJ Financial Group, Inc.
株式会社 三菱UFJフィナンシャル・グループ
|
— |
−100%
Exit
—
|
1,984 | 2,340,450 | M |
|
TOYOTA MOTOR CORPORATION
トヨタ自動車株式会社
|
— |
−100%
Exit
—
|
1,562 | 830,900 | |
|
Central Japan Railway Company
東海旅客鉄道株式会社
|
— |
−100%
Exit
—
|
578 | 36,600 | |
|
Aichi Financial Group Co., Ltd.
株式会社あいちフィナンシャルグループ(注3)
|
— |
−100%
Exit
—
|
468 | 217,782 | M |
|
Tokio Marine Holdings, Inc.
東京海上ホールディングス株式会社(注4)
|
— |
−100%
Exit
—
|
165 | 64,845 | M |
|
Ecology and Combustion Inc.
株式会社エコム(注5)
|
— |
−100%
Exit
—
|
85 | 51,000 | |
|
JTEKT Corporation
株式会社ジェイテクト
|
— |
−100%
Exit
—
|
46 | 45,465 | |
|
ISUZU MOTORS LIMITED
いすゞ自動車株式会社
|
— |
−100%
Exit
—
|
44 | 28,000 | |
|
Tokyo Kaikan Co.,Ltd.
株式会社東京會舘
|
— |
−100%
Exit
—
|
5 | 1,556 | M |
|
THE ROYAL HOTEL,LIMITED
株式会社ロイヤルホテル
|
— |
−100%
Exit
—
|
2 | 1,600 | |
| Portfolio total | 27,192 | 24,936 | |||
Book value in ¥M · ↓ reduced · ↑ increased vs prior year · M = mutual holding