6856
HORIBA, Ltd.
株式会社堀場製作所
Technology · Scientific & Technical Instruments
HORIBA, Ltd., together with its subsidiaries, provides analytical and measurement solutions in Japan, Asia, the United States, and Europe. It operates in three segments: Energy and Environment; Bio and Healthcare; and Advanced Materials and Semiconductor. The company offers mobility products, including systems for emissions measurement, internal combustion engine testing, driveline and powertrain evaluation, brake testing, and wind tunnels; and energy and environment solutions for water and liquid, industrial process, and energy. It also provides life science products comprising fluorescence spectroscopy, raman imaging and spectrometers, and particle characterization; healthcare solutions, which include vitro diagnostic systems for biological analysis, clinical chemistry, veterinary, hematology, and hemostasis; material analysis, such as elemental analysis, molecular and structural analysis, and surface analysis and thin film characterization; and semiconductor products. In addition, the company offers technology solutions comprising health care, fluid control, mass spectrometry, spectroscopy, microscopy and imaging, electrochemistry, physisorption, particle and element analysis, and surface plasmon resonance; and services, including analysis centers, calibration and certification, customer support, spare parts and consumables, testing and consulting, and product and technology training. Its products are used in arts, entertainment, and recreation; biopharma and pharma, biotechnology and biomedical; cosmetics; education, research and development, and government institution; energy solutions; food and beverage; healthcare; industrials; information technology; materials; mobility and transportation; waste management; and water applications. HORIBA, Ltd. was founded in 1945 and is headquartered in Kyoto, Japan.
Price
¥26,265
Market Cap
¥1.1T
Ent. Value
¥992.2B
Net Cash
¥110.9B
Shares Out.
42.0M
P / E
29.7×
EV / EBIT
18.7×
P / Book
3.17×
P / NCAV
6.04×
Div. Yield
1.71%
Financials
| Metric |
FY 2025
EDINET ↗ |
FY 2024
EDINET ↗ |
FY 2023
EDINET ↗ |
FY 2022
EDINET ↗ |
FY 2021
EDINET ↗ |
|---|---|---|---|---|---|
| Net Sales | ¥333.1B | ¥317.4B | ¥290.6B | ¥270.1B | ¥224.3B |
| Cost of Sales | ¥186.7B | ¥180.5B | ¥163.2B | ¥153.5B | ¥131.1B |
| Gross Profit | ¥146.4B | ¥136.9B | ¥127.4B | ¥116.7B | ¥93.2B |
| SG&A | ¥93.3B | ¥88.5B | ¥80.1B | ¥70.8B | ¥61.2B |
| Operating Income | ¥53.0B | ¥48.3B | ¥47.3B | ¥45.8B | ¥32.0B |
| Non-Operating Income | ¥3.2B | ¥3.7B | ¥2.7B | ¥1.8B | ¥850M |
| Dividend Income | ¥391M | ¥355M | ¥307M | ¥264M | ¥206M |
| Interest Income | ¥2.2B | ¥2.4B | ¥1.9B | ¥585M | ¥182M |
| Non-Operating Expenses | ¥2.0B | ¥1.8B | ¥1.8B | ¥820M | ¥859M |
| Interest Expense | ¥852M | ¥924M | ¥722M | ¥657M | ¥516M |
| Ordinary Income | ¥54.2B | ¥50.2B | ¥48.3B | ¥46.9B | ¥32.0B |
| Pre-tax Income | ¥51.1B | ¥48.8B | ¥53.7B | ¥47.3B | ¥30.2B |
| Income Taxes | ¥14.0B | ¥15.2B | ¥13.4B | ¥13.2B | ¥8.9B |
| Current Tax | ¥13.7B | ¥15.8B | ¥14.7B | ¥14.7B | ¥9.2B |
| Deferred Tax | ¥233M | ¥-525M | ¥-1.3B | ¥-1.5B | ¥-280M |
| Net Income (owners) | ¥37.1B | ¥33.6B | ¥40.3B | ¥34.1B | ¥21.3B |
| Minority Interest | ¥20M | ¥6M | ¥0M | ¥0M | ¥0M |
| Comprehensive Income | ¥45.0B | ¥48.0B | ¥53.7B | ¥43.2B | ¥30.3B |
| EBITDA | ¥66.8B | ¥61.4B | ¥59.9B | ¥57.2B | ¥42.5B |
| Goodwill Amort. (J-GAAP) | ¥625M | ¥406M | ¥505M | ¥437M | ¥377M |
| EPS | ¥883.50 | ¥799.44 | ¥953.71 | ¥807.06 | ¥505.05 |
| Shares Outstanding | 42.0M | 42.0M | 42.3M | 42.2M | 42.2M |
| Shares Issued (total) | 42.2M | 42.2M | 42.5M | 42.5M | 42.5M |
| Treasury Shares | 0.2M | 0.3M | 0.3M | 0.3M | 0.3M |
| Metric |
FY 2025
EDINET ↗ |
FY 2024
EDINET ↗ |
FY 2023
EDINET ↗ |
FY 2022
EDINET ↗ |
FY 2021
EDINET ↗ |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | ¥518.3B | ¥481.6B | ¥449.0B | ¥416.7B | ¥371.6B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Current Assets | ¥352.2B | ¥336.8B | ¥318.6B | ¥296.5B | ¥258.0B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Cash & Deposits | ¥162.3B | ¥144.3B | ¥132.8B | ¥139.9B | ¥135.0B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Trade Receivables | ¥82.2B | ¥82.6B | ¥71.5B | ¥69.8B | — | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Non-Current Assets | ¥166.1B | ¥144.8B | ¥130.5B | ¥120.2B | ¥113.5B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| PP&E | ¥132.1B | ¥113.0B | ¥100.8B | ¥95.7B | ¥88.3B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Goodwill | ¥2.0B | ¥1.1B | ¥1.3B | ¥610M | ¥966M | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Intangible Assets | ¥6.4B | ¥5.5B | ¥5.0B | ¥3.6B | ¥4.4B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Investment Securities | ¥17.1B | ¥16.0B | ¥15.7B | ¥10.5B | ¥12.5B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Deferred Tax Assets | ¥6.0B | ¥7.1B | ¥6.2B | ¥6.7B | ¥5.0B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Total Liabilities | ¥169.6B | ¥166.9B | ¥165.3B | ¥175.9B | ¥167.1B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Current Liabilities | ¥118.0B | ¥100.3B | ¥101.1B | ¥112.2B | ¥102.1B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Accounts Payable | ¥19.6B | ¥20.3B | ¥30.5B | ¥36.9B | ¥29.5B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ST Debt | ¥12.2B | ¥9.0B | ¥5.7B | ¥12.4B | ¥25.1B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Taxes Payable | ¥5.6B | ¥8.0B | ¥5.8B | ¥9.1B | ¥7.6B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Non-Current Liabilities | ¥51.7B | ¥66.6B | ¥64.2B | ¥63.7B | ¥65.0B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Total LT Borrowings | ¥39.3B | ¥55.4B | ¥54.7B | ¥54.9B | ¥55.1B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Pension Obligations | ¥2.4B | ¥2.1B | ¥1.9B | ¥1.5B | ¥2.1B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Deferred Tax Liab. | ¥866M | ¥739M | ¥645M | ¥1.3B | ¥1.7B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Total Equity | ¥348.6B | ¥314.7B | ¥283.7B | ¥240.8B | ¥204.5B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Capital Stock | ¥12.0B | ¥12.0B | ¥12.0B | ¥12.0B | ¥12.0B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Capital Surplus | ¥18.6B | ¥18.6B | ¥18.8B | ¥18.7B | ¥18.6B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Retained Earnings | ¥267.5B | ¥241.8B | ¥223.3B | ¥194.0B | ¥166.9B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Treasury Stock | ¥-2.4B | ¥-2.8B | ¥-1.0B | ¥-1.2B | ¥-1.3B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| AOCI | ¥52.3B | ¥44.4B | ¥29.9B | ¥16.6B | ¥7.5B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Equity (owners) | ¥295.7B | ¥269.6B | ¥253.1B | ¥223.5B | ¥196.2B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Minority Interests | ¥37M | ¥14M | ¥17M | ¥15M | ¥12M | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Total Interest-Bearing Debt ⓘ | ¥51.5B | ¥64.4B | ¥60.4B | ¥67.2B | ¥80.2B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Net Cash ⓘ | ¥110.9B | ¥79.9B | ¥72.4B | ¥72.7B | ¥54.8B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| NCAV ⓘ | ¥182.6B | ¥169.9B | ¥153.3B | ¥120.7B | ¥91.0B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| NCAV/Share | ¥4,348 | ¥4,050 | ¥3,626 | ¥2,857 | ¥2,155 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| BV/Share | ¥7,041 | ¥6,427 | ¥5,987 | ¥5,292 | ¥4,650 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Metric |
FY 2025
EDINET ↗ |
FY 2024
EDINET ↗ |
FY 2023
EDINET ↗ |
FY 2022
EDINET ↗ |
FY 2021
EDINET ↗ |
|---|---|---|---|---|---|
| Operating CF | ¥54.4B | ¥40.3B | ¥16.7B | ¥34.0B | ¥35.3B |
| Taxes Paid | ¥-16.4B | ¥-11.8B | ¥-18.2B | ¥-13.2B | ¥-6.3B |
| Interest Paid | ¥-874M | ¥-879M | ¥-721M | ¥-680M | ¥-481M |
| Interest Received | ¥2.6B | ¥2.9B | ¥2.1B | ¥769M | ¥408M |
| D&A | ¥13.2B | ¥12.7B | ¥12.1B | ¥10.9B | ¥10.1B |
| Goodwill Amort. | ¥625M | ¥406M | ¥505M | ¥437M | ¥377M |
| Investing CF | ¥-24.9B | ¥-17.6B | ¥-7.3B | ¥-10.7B | ¥-14.7B |
| CapEx | ¥25.3B | ¥18.2B | ¥8.8B | ¥11.6B | ¥12.2B |
| Purchase Investments | ¥-54M | ¥-51M | ¥-48M | ¥-36M | ¥-30M |
| Financing CF | ¥-12.0B | ¥-15.9B | ¥-21.0B | ¥-22.4B | ¥-4.0B |
| Dividends Paid | ¥-11.3B | ¥-12.2B | ¥-11.0B | ¥-7.0B | ¥-4.6B |
| Share Buybacks | ¥-1M | ¥-5.0B | — | — | — |
| LT Debt Repaid | ¥-992M | ¥-430M | ¥-318M | ¥-16.0B | ¥-388M |
| Free Cash Flow | ¥29.1B | ¥22.2B | ¥7.8B | ¥22.3B | ¥23.1B |
| Net Change in Cash | ¥18.5B | ¥13.4B | ¥-8.2B | ¥4.8B | ¥19.8B |
| Metric |
FY 2025
EDINET ↗ |
FY 2024
EDINET ↗ |
FY 2023
EDINET ↗ |
FY 2022
EDINET ↗ |
FY 2021
EDINET ↗ |
|---|---|---|---|---|---|
| ROE | 11.2% | 11.2% | 15.4% | 15.4% | 11.2% |
| ROA | 7.4% | 7.2% | 9.3% | 8.6% | 5.7% |
| EPS | ¥883.50 | ¥799.44 | ¥953.71 | ¥807.06 | ¥505.05 |
| DPS | ¥450.00 | ¥270.00 | ¥290.00 | ¥245.00 | ¥150.00 |
| BPS | ¥8,286.08 | ¥7,485.06 | ¥6,695.30 | ¥5,684.68 | ¥4,827.06 |
| FCF/Share | ¥693 | ¥529 | ¥185 | ¥529 | ¥547 |
| NCAV/Share | ¥4,348 | ¥4,050 | ¥3,626 | ¥2,857 | ¥2,155 |
| Payout Ratio | 50.9% | 33.8% | 30.4% | 30.4% | 29.7% |
Event Timeline
S Shareholder
A Capital Signal
Large Shareholder Reports 16
| # | 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)
|
4,928 | 11.74% |
| 2 |
Japan Custody Bank
株式会社日本カストディ銀行(信託口)
|
2,567 | 6.11% |
| 3 | STICHTING PENSIOENFONDS ZORG EN WELZIJN (常任代理人 シティバンク、エヌ・エイ東京支店) | 1,245 | 2.97% |
| 4 |
STATE STREET BANK AND TRUST COMPANY
STATE STREET BANK AND TRUST COMPANY 505001 (常任代理人 株式会社みずほ銀行決済営業部)
|
1,186 | 2.83% |
| 5 | GOLDMAN SACHS INTERNATIONAL(常任代理人 ゴールドマン・サックス証券株式会社) | 1,149 | 2.74% |
| 6 | 堀場 厚 | 1,097 | 2.61% |
| 7 | UBS AG LONDON A/C IPB SEGREGATED CLIENT ACCOUNT(常任代理人 シティバンク、エヌ・エイ東京支店) | 887 | 2.11% |
| 8 | 堀場洛楽会投資部会 | 841 | 2.00% |
| 9 |
The Bank of Kyoto
株式会社京都銀行(常任代理人 株式会社日本カストディ銀行)
|
828 | 1.97% |
| 10 | 堀場グループ従業員持株会 | 714 | 1.70% |
as of 2025-12-31
Source: EDINET ↗
Ownership by year — hover bars for detail
Domestic Nominees
17.9%
-2.6% vs 2024
Trust bank custodians — GPIF, pensions, investment trusts
Foreign Custodians
2.8%
-1.7% vs 2024
Sub-custodians for foreign asset managers
Direct / Strategic
16.1%
+1.7% vs 2024
Named entities with disclosed investment intent
Bar = % of shares outstanding · top-10 covers 36.8% · 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 | 13.00% | 12.39% | 11.74% -0.65% | |
| Japan Custody Bank 日本カストディ銀行 | 7.59% | 8.09% | 6.11% -1.98% | |
| STICHTING PENSIOENFONDS ZORG EN WELZIJN NEW ENTRY | — | — | — | 2.97% NEW |
| State Street | — | 2.63% | 2.83% +0.20% | |
| Goldman Sachs NEW ENTRY | — | — | — | 2.74% NEW |
| 堀場 厚 | 2.58% | 2.60% | 2.61% +0.01% | |
| UBS NEW ENTRY | — | — | — | 2.11% NEW |
| 堀場洛楽会投資部会 | 1.97% | 1.98% | 2.00% +0.02% | |
| The Bank of Kyoto 式会社京都銀行 | 1.96% | 1.97% | 1.97% | |
| 堀場グループ従業員持株会 NEW ENTRY | 1.80% | — | 1.70% NEW | |
| 全国共済農業協同組合連合会 last seen 2024 | Exited Top 10 | 3.98% | 4.01% | — |
| JPモルガン証券 last seen 2024 | Exited Top 10 | — | 1.97% | — |
| BNY Mellon last seen 2024 | Exited Top 10 | — | 1.89% | — |
| 京都中央信用金庫 last seen 2024 | Exited Top 10 | 1.98% | 1.84% | — |
| 堀場 弾 last seen 2023 | Exited Top 10 | 1.53% | — | — |
| Fidelity last seen 2023 | Exited Top 10 | 1.52% | — | — |
| Concentration (HHI) ⓘ | 269 | 267 | 222 |
3 fiscal years · top-10 holders per year · >2,500 HHI = high concentration · entity-resolved
Portfolio Book Value
¥16,172M
+20% since 2023
Holdings
24
+9 new
10 exited
Trend
6 building
vs 2023
| Held Company | FY2025 ¥16,172M total | FY2023 ¥13,430M total | |||
|---|---|---|---|---|---|
| Book Val ¥M | Shares | Book Val ¥M | Shares | ||
|
TOYOTA MOTOR CORPORATION
トヨタ自動車株式会社
|
4,068 |
NEW
New
1,212,355
|
— | ||
|
SCREEN Holdings Co., Ltd.
株式会社SCREENホールディングス
|
2,575 |
NEW
New
169,016
|
— | M | |
|
Fukuda Denshi Co., Ltd.
フクダ電子株式会社
|
2,048 |
+0.8%
↑
270,928
|
1,981 | 268,885 | M |
|
Nippon Shinyaku Co.,Ltd.
日本新薬株式会社
|
1,248 |
221,000
|
1,104 | 221,000 | M |
|
Mitsubishi UFJ Financial Group, Inc.
株式会社三菱UFJフィナンシャル・グループ
|
1,104 |
443,140
|
536 | 443,140 | M |
|
TOWA CORPORATION
TOWA株式会社
|
832 |
+200.0%
↑
387,000
|
919 | 129,000 | M |
|
Kyoto Financial Group, Inc.
株式会社京都フィナンシャルグループ
|
798 |
NEW
New
232,936
|
— | M | |
|
WACOAL HOLDINGS CORP.
株式会社ワコールホールディングス
|
700 |
158,500
|
530 | 158,500 | M |
|
NIDEC CORPORATION
ニデック株式会社
|
680 |
NEW
New
319,200
|
— | M | |
|
ROHM COMPANY LIMITED
ローム株式会社
|
598 |
NEW
New
269,600
|
— | M | |
|
IBIDEN CO.,LTD.
イビデン株式会社
|
389 |
+5.8%
↑
28,964
|
213 | 27,375 | |
|
Hitachi, Ltd.
株式会社日立製作所
|
241 |
+400.0%
↑
49,340
|
100 | 9,868 | |
|
ONO PHARMACEUTICAL CO., LTD.
小野薬品工業株式会社
|
235 |
NEW
New
108,500
|
— | ||
|
HONDA MOTOR CO., LTD.
本田技研工業株式会社
|
202 |
NEW
New
132,000
|
— | ||
|
Chuo Warehouse Co.
株式会社中央倉庫
|
164 |
115,000
|
127 | 115,000 | M |
|
Mizuho Financial Group, Inc.
株式会社みずほフィナンシャルグループ
|
109 |
19,177
|
46 | 19,177 | M |
|
Nissha Co., Ltd.
NISSHA株式会社
|
50 |
40,000
|
58 | 40,000 | M |
|
Sumitomo Mitsui Financial Group, Inc.
株式会社三井住友フィナンシャルグループ
|
46 |
+200.0%
↑
9,300
|
21 | 3,100 | M |
|
NIPPON STEEL CORPORATION
日本製鉄株式会社 (注)2
|
38 |
NEW
New
59,587
|
— | ||
|
NISSAN MOTOR CO., LTD.
日産自動車株式会社
|
20 |
51,637
|
28 | 51,637 | |
|
Azbil Corporation
アズビル株式会社
|
18 |
+300.0%
↑
13,320
|
15 | 3,330 | |
| 第一生命ホールディングス株式会社 (注)3 | 6 |
NEW
New
5,200
|
— | M | |
|
YOKOGAWA ELECTRIC CORPORATION
横河電機株式会社
|
2 |
598
|
1 | 598 | |
|
DKK-TOA CORPORATION
東亜ディーケーケー株式会社
|
1 |
1,360
|
1 | 1,360 | M |
|
FUKUYAMA TRANSPORTING CO., LTD.
福山通運株式会社
|
— |
−100%
Exit
—
|
4 | 1,000 | |
|
TOYOTA MOTOR CORPORATION
トヨタ自動車 株式会社
|
— |
−100%
Exit
—
|
3,140 | 1,212,355 | |
|
SCREEN Holdings Co., Ltd.
株式会社SCREENホールディングス (注)4
|
— |
−100%
Exit
—
|
1,958 | 164,192 | M |
|
NIDEC CORPORATION
ニデック株式会社 (注)2
|
— |
−100%
Exit
—
|
908 | 159,600 | M |
|
ROHM COMPANY LIMITED
ローム株式会社 (注)3
|
— |
−100%
Exit
—
|
728 | 269,600 | M |
|
Kyoto Financial Group, Inc.
株式会社京都フィナンシャルグループ (注)5
|
— |
−100%
Exit
—
|
511 | 58,234 | M |
|
ONO PHARMACEUTICAL CO., LTD.
小野薬品工業 株式会社
|
— |
−100%
Exit
—
|
272 | 108,500 | |
|
HONDA MOTOR CO., LTD.
本田技研工業 株式会社 (注)6
|
— |
−100%
Exit
—
|
193 | 132,000 | |
| 日本製鐵株式会社 | — |
−100%
Exit
—
|
33 | 10,253 | |
| 第一生命ホールディングス株式会社 | — |
−100%
Exit
—
|
3 | 1,300 | M |
| Portfolio total | 16,172 | 13,430 | |||
Book value in ¥M · ↓ reduced · ↑ increased vs prior year · M = mutual holding