7269
suzuki motor corporation
スズキ株式会社
Transportation Equipments
Suzuki Motor Corporation engages in the manufacture and sale of automobiles, motorcycles, outboard motors, electric wheelchairs, and other products in Japan and internationally. It offers mini passenger cars and commercial vehicles, compact passenger cars and automobile engines, foundry and machining of engine components, motorcycles and motorcycle engines, outboard motors, motorized wheelchairs, and electro senior vehicles. The company is also involved in the development and testing of motorcycles; development and sale of land; planning and sale of condominiums; development and leasing of rental stores; real estate leasing and brokerage; solar power generation and installation; development of industrial park; and construction and sale of houses, as well as home remodeling. In addition, it engages in the planning, development, and sale of motorcycle and automobile supplies; product sales management; sale of various events; operation of gas station; and provision of general LP gas, factory fuel, lubricating oil, gas, etc. Further, the company imports and sells wine and honey, sells Nihon trim water conditioner, mobile phones, smartphones, tablets, satellite phones, etc.; operates a travel and insurance agency for non-life and life insurance; operates a golf club; and provides building management, production equipment cleaning, cleaning management, painting, weeding, and logging services. Suzuki Motor Corporation was founded in 1909 and is headquartered in Hamamatsu-shi, Japan.
Price
¥1,974
Market Cap
¥3.8T
Ent. Value
¥3.7T
Net Cash
¥117.4B
Shares Out.
1.9B
P / E
9.8×
EV / EBIT
5.7×
P / Book
1.41×
P / NCAV
17.06×
Div. Yield
2.08%
Financials
| Metric |
FY 2024
EDINET ↗ |
FY 2023
EDINET ↗ |
FY 2022
EDINET ↗ |
FY 2021
EDINET ↗ |
|---|---|---|---|---|
| Net Sales | ¥5,825.2B | ¥5,374.3B | ¥4,641.6B | ¥3,568.4B |
| Cost of Sales | ¥4,256.5B | ¥3,959.8B | ¥3,491.7B | ¥2,711.9B |
| Gross Profit | ¥1,568.7B | ¥1,414.4B | ¥1,149.9B | ¥856.4B |
| SG&A | ¥944.3B | ¥948.9B | ¥799.4B | ¥665.0B |
| Operating Income | ¥642.9B | ¥465.6B | ¥350.6B | ¥191.5B |
| Non-Operating Income | ¥118.8B | ¥58.1B | ¥66.5B | ¥94.4B |
| Dividend Income | — | ¥5.4B | ¥4.7B | ¥4.3B |
| Interest Income | — | ¥26.6B | ¥37.9B | ¥66.9B |
| Non-Operating Expenses | ¥43.4B | ¥35.1B | ¥34.3B | ¥22.9B |
| Interest Expense | — | ¥10.1B | ¥6.7B | ¥6.0B |
| Ordinary Income | — | ¥488.5B | ¥382.8B | ¥262.9B |
| Pre-tax Income | ¥730.2B | ¥489.3B | ¥381.0B | ¥274.3B |
| Income Taxes | — | ¥145.0B | ¥106.8B | ¥74.5B |
| Current Tax | — | ¥151.1B | ¥95.2B | ¥78.9B |
| Deferred Tax | — | ¥-6.1B | ¥11.6B | ¥-4.4B |
| Net Income (owners) | ¥416.1B | ¥267.7B | ¥221.1B | ¥160.3B |
| Minority Interest | ¥113.7B | ¥76.5B | ¥53.2B | ¥39.4B |
| Comprehensive Income | ¥416.8B | ¥722.1B | ¥309.9B | ¥289.2B |
| EBITDA | ¥892.7B | ¥662.8B | ¥527.8B | ¥353.0B |
| EPS | ¥202.24 | ¥138.40 | ¥455.21 | ¥330.20 |
| Shares Outstanding | 1.93B | 482.2M | 486.0M | 485.6M |
| Shares Issued (total) | 1.96B | 491.1M | 491.1M | 491.1M |
| Treasury Shares | 35.5M | 8.9M | 5.2M | 5.6M |
| Metric |
FY 2024
EDINET ↗ |
FY 2023
EDINET ↗ |
FY 2022
EDINET ↗ |
FY 2021
EDINET ↗ |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | ¥5,993.7B | ¥5,385.6B | ¥4,577.7B | ¥4,155.2B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Current Assets | ¥2,528.7B | ¥2,437.6B | ¥2,188.5B | ¥2,051.2B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Cash & Deposits | ¥842.7B | ¥952.8B | ¥958.5B | ¥964.3B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Trade Receivables | — | ¥565.0B | ¥490.5B | ¥433.2B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Non-Current Assets | ¥3,465.0B | ¥2,948.0B | ¥2,389.2B | ¥2,103.9B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| PP&E | ¥1,673.5B | ¥1,329.8B | ¥1,134.5B | ¥1,038.0B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Intangible Assets | ¥178.2B | ¥7.8B | ¥3.8B | ¥3.4B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Investment Securities | — | ¥1,402.1B | ¥1,045.3B | ¥852.3B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Deferred Tax Assets | ¥63.7B | ¥85.4B | ¥132.6B | ¥143.3B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Total Liabilities | ¥2,305.6B | ¥2,247.2B | ¥2,069.1B | ¥1,891.5B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Current Liabilities | ¥1,602.6B | ¥1,741.0B | ¥1,487.4B | ¥1,256.5B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ST Debt | ¥297.8B | ¥456.8B | ¥347.0B | ¥182.3B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Taxes Payable | — | ¥67.1B | ¥44.2B | ¥55.2B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Non-Current Liabilities | ¥703.0B | ¥506.2B | ¥581.7B | ¥635.0B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Total LT Borrowings | ¥427.5B | ¥329.4B | ¥416.8B | ¥483.3B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Pension Obligations | — | ¥59.9B | ¥66.5B | ¥64.4B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Deferred Tax Liab. | ¥91.6B | ¥4.1B | ¥7.2B | ¥6.6B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Total Equity | ¥3,688.1B | ¥3,138.4B | ¥2,508.6B | ¥2,263.7B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Capital Stock | — | ¥138.4B | ¥138.4B | ¥138.3B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Capital Surplus | ¥59.0B | ¥69.1B | ¥138.2B | ¥143.4B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Retained Earnings | ¥2,619.7B | ¥2,030.1B | ¥1,813.2B | ¥1,638.7B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Treasury Stock | ¥-39.2B | ¥-39.3B | ¥-19.4B | ¥-20.9B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| AOCI | ¥192.8B | ¥292.8B | ¥7.7B | ¥-21.3B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Equity (owners) | ¥2,970.7B | ¥2,198.2B | ¥2,070.4B | ¥1,899.5B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Minority Interests | ¥717.4B | ¥647.3B | ¥430.6B | ¥385.4B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Total Interest-Bearing Debt ⓘ | ¥725.3B | ¥786.2B | ¥763.8B | ¥665.6B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Net Cash ⓘ | ¥117.4B | ¥166.7B | ¥194.6B | ¥298.7B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| NCAV ⓘ | ¥223.1B | ¥190.4B | ¥119.4B | ¥159.7B | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| NCAV/Share | ¥116 | ¥395 | ¥246 | ¥329 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| BV/Share | ¥1,540 | ¥4,558 | ¥4,260 | ¥3,912 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Metric |
FY 2024
EDINET ↗ |
FY 2023
EDINET ↗ |
FY 2022
EDINET ↗ |
FY 2021
EDINET ↗ |
|---|---|---|---|---|
| Operating CF | ¥669.8B | ¥446.0B | ¥286.6B | ¥221.3B |
| Interest Paid | — | ¥-8.4B | ¥-5.8B | ¥-6.2B |
| Interest Received | — | ¥32.5B | ¥42.2B | ¥71.2B |
| D&A | ¥249.9B | ¥197.2B | ¥177.3B | ¥161.5B |
| Investing CF | ¥-475.6B | ¥-433.9B | ¥-302.7B | ¥-153.5B |
| CapEx | ¥344.7B | ¥305.7B | ¥258.3B | ¥190.5B |
| Financing CF | ¥-186.0B | ¥-81.2B | ¥31.6B | ¥-154.6B |
| Dividends Paid | — | ¥-50.8B | ¥-46.6B | ¥-47.6B |
| Share Buybacks | — | ¥-20.0B | — | — |
| LT Debt Repaid | — | ¥-176.6B | ¥-92.0B | ¥-283.0B |
| Free Cash Flow | ¥325.1B | ¥140.4B | ¥28.3B | ¥30.8B |
| Net Change in Cash | ¥2.7B | ¥-28.5B | ¥24.2B | ¥-66.4B |
| Metric |
FY 2024
EDINET ↗ |
FY 2023
EDINET ↗ |
FY 2022
EDINET ↗ |
FY 2021
EDINET ↗ |
|---|---|---|---|---|
| ROE | 15.0% | 11.7% | 11.2% | 9.0% |
| ROA | 7.3% | 5.4% | 5.1% | 3.9% |
| EPS | ¥202.24 | ¥138.40 | ¥455.21 | ¥330.20 |
| DPS | ¥41.00 | ¥122.00 | ¥100.00 | ¥91.00 |
| BPS | ¥1,404.09 | ¥1,291.25 | ¥4,275.47 | ¥3,867.67 |
| FCF/Share | ¥169 | ¥291 | ¥58 | ¥63 |
| NCAV/Share | ¥116 | ¥395 | ¥246 | ¥329 |
| Payout Ratio | 20.3% | 88.2% | 22.0% | 27.6% |
Event Timeline
S Shareholder
A Capital Signal
Large Shareholder Reports 13
| # | 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)
|
319,374 | 16.55% |
| 2 |
Japan Custody Bank
株式会社日本カストディ銀行(信託口)
|
146,483 | 7.59% |
| 3 |
TOYOTA MOTOR CORPORATION
トヨタ自動車株式会社
|
96,000 | 4.98% |
| 4 |
Tokio Marine & Nichido Fire Insurance Co., Ltd.
東京海上日動火災保険株式会社
|
64,663 | 3.35% |
| 5 |
MUFG Bank
株式会社三菱UFJ銀行
|
64,003 | 3.32% |
| 6 |
Resona Bank
株式会社りそな銀行
|
52,000 | 2.69% |
| 7 |
THE SHIZUOKA BANK,LTD.
株式会社静岡銀行(常任代理人)日本マスタートラスト信託銀行株式会社
|
46,402 | 2.40% |
| 8 | ジェーピー モルガン チェース バンク 385632(常任代理人)株式会社みずほ銀行決済営業部 | 46,086 | 2.39% |
| 9 | ステート ストリート バンク アンド トラスト カンパニー 505001(常任代理人)株式会社みずほ銀行決済営業部 | 33,871 | 1.76% |
| 10 | JPモルガン証券株式会社 | 31,777 | 1.65% |
as of 2025-03-31
Source: EDINET ↗
Ownership by year — hover bars for detail
Domestic Nominees
26.5%
+1.8% vs 2024
Trust bank custodians — GPIF, pensions, investment trusts
Foreign Custodians
0.0%
-2.0% vs 2024
Sub-custodians for foreign asset managers
Direct / Strategic
20.1%
+2.6% vs 2024
Named entities with disclosed investment intent
Bar = % of shares outstanding · top-10 covers 46.7% · 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 | 17.31% | 17.81% | 18.95% +1.14% | |
| Japan Custody Bank 日本カストディ銀行 | 7.48% | 6.94% | 7.59% +0.65% | |
| TOYOTA MOTOR CORPORATION トヨタ自動車 | 4.94% | 4.98% | 4.98% | |
| みずほ銀行 | 1.30% | 1.62% | 4.15% +2.53% | |
| Tokio Marine & Nichido Fire Insurance Co., Ltd. 東京海上日動火災保険 | 3.51% | 3.35% | 3.35% | |
| MUFG Bank 式会社三菱UFJ銀行 | 3.29% | 3.32% | 3.32% | |
| Resona Bank りそな銀行 | 2.67% | 2.69% | 2.69% | |
| JPモルガン証券 NEW ENTRY | — | — | — | 1.65% NEW |
| State Street last seen 2024 | Exited Top 10 | 1.82% | 2.04% | — |
| Sompo Japan Insurance Inc. 損害保険ジャパン last seen 2024 | Exited Top 10 | 1.60% | 1.61% | — |
| 式会社静岡銀行 last seen 2023 | Exited Top 10 | 2.39% | — | — |
| Concentration (HHI) ⓘ | 424 | 429 | 491 |
3 fiscal years · top-10 holders per year · >2,500 HHI = high concentration · entity-resolved
Portfolio Book Value
¥159,741M
+2% since 2023
Holdings
45
+5 new
20 exited
Trend
5 building
vs 2023
| Held Company | FY2025 ¥159,741M total | FY2023 ¥156,619M total | |||
|---|---|---|---|---|---|
| Book Val ¥M | Shares | Book Val ¥M | Shares | ||
|
TOYOTA MOTOR CORPORATION
トヨタ自動車㈱
|
80,960 |
30,948,300
|
58,182 | 30,948,300 | M |
|
Mitsubishi UFJ Financial Group, Inc.
㈱三菱UFJフィナンシャル・グループ
|
19,972 |
9,931,630
|
8,421 | 9,931,630 | M |
|
Shizuoka Financial Group, Inc.
㈱しずおかフィナンシャルグループ
|
11,362 |
NEW
New
7,000,800
|
— | M | |
| Subros Ltd. | 7,693 |
7,800,000
|
3,838 | 7,800,000 | |
|
Sumitomo Realty & Development Co.,Ltd.
住友不動産㈱
|
7,617 |
1,362,000
|
4,061 | 1,362,000 | M |
|
Mizuho Financial Group, Inc.
㈱みずほフィナンシャルグループ
|
4,487 |
1,107,701
|
2,080 | 1,107,701 | M |
|
Resona Holdings, Inc.
㈱りそなホールディングス
|
2,977 |
2,313,450
|
1,479 | 2,313,450 | M |
|
NOK CORPORATION
NOK㈱
|
2,216 |
1,012,300
|
1,480 | 1,012,300 | M |
|
Taikisha Ltd.
㈱大気社
|
1,910 |
417,900
|
1,537 | 417,900 | M |
|
Sumitomo Mitsui Financial Group, Inc.
㈱三井住友フィナンシャルグループ
|
1,816 |
+200.0%
↑
478,656
|
845 | 159,552 | M |
|
KYB Corporation
カヤバ㈱
|
1,587 |
NEW
New
540,040
|
— | M | |
|
IBIDEN CO.,LTD.
イビデン㈱
|
1,540 |
386,100
|
2,030 | 386,100 | M |
|
Stanley Electric Co.,Ltd.
スタンレー電気㈱
|
1,454 |
518,364
|
1,519 | 518,364 | M |
|
Makita Corporation
㈱マキタ
|
1,397 |
283,800
|
930 | 283,800 | M |
| 三井住友トラスト・ホールディングス㈱ | 1,088 |
+100.0%
↑
292,500
|
664 | 146,250 | M |
|
NSK Ltd.
日本精工㈱
|
1,086 |
1,702,650
|
1,287 | 1,702,650 | M |
| ユシロ化学工業㈱ | 1,057 |
549,000
|
469 | 549,000 | M |
|
Sanoh Industrial Co.,Ltd.
三櫻工業㈱
|
1,056 |
1,600,000
|
1,054 | 1,600,000 | M |
|
Yorozu Corporation
㈱ヨロズ
|
808 |
800,000
|
677 | 800,000 | M |
|
UNIVANCE CORPORATION
㈱ユニバンス
|
738 |
1,937,200
|
743 | 1,937,200 | M |
|
Sompo Holdings, Inc.
SOMPOホールディングス㈱
|
712 |
+200.0%
↑
157,500
|
275 | 52,500 | M |
|
YAMATO HOLDINGS CO.,LTD.
ヤマトホールディングス㈱
|
682 |
348,080
|
789 | 348,080 | M |
|
譬ェ蠑丈シ夂、セ�ス会ス難ス撰ス��ス��ス�
㈱ispace
|
659 |
NEW
New
873,960
|
— | ||
|
EXEDY Corporation
㈱エクセディ
|
557 |
127,050
|
230 | 127,050 | M |
|
Tokai Tokyo Financial Holdings, Inc.
東海東京フィナンシャル・ホールディングス㈱
|
541 |
1,118,090
|
409 | 1,118,090 | M |
|
AISIN CORPORATION
㈱アイシン
|
486 |
+200.0%
↑
300,000
|
364 | 100,000 | M |
|
KOITO MANUFACTURING CO.,LTD.
㈱小糸製作所
|
367 |
200,000
|
500 | 200,000 | M |
|
AHRESTY CORPORATION
㈱アーレスティ
|
366 |
565,767
|
293 | 565,767 | M |
|
FUTABA INDUSTRIAL CO., LTD.
フタバ産業㈱
|
357 |
459,000
|
195 | 459,000 | M |
|
MIKUNI CORPORATION
㈱ミクニ
|
306 |
1,007,365
|
340 | 1,007,365 | M |
|
NPR-RIKEN CORPORATION
リケンNPR㈱
|
299 |
NEW
New
120,000
|
— | M | |
|
HI-LEX CORPORATION
㈱ハイレックスコーポレーション
|
242 |
154,187
|
187 | 154,187 | M |
|
TOPY INDUSTRIES,LIMITED
トピー工業㈱
|
233 |
109,621
|
216 | 109,621 | M |
|
AKEBONO BRAKE INDUSTRY CO.,LTD.
曙ブレーキ工業㈱
|
187 |
1,751,000
|
253 | 1,751,000 | |
|
NISHIKAWA RUBBER CO., LTD.
西川ゴム工業㈱
|
150 |
30,750
|
35 | 30,750 | M |
|
Kawai Musical Instruments Manufacturing Co.
㈱河合楽器製作所
|
134 |
47,000
|
143 | 47,000 | M |
|
TOKAI RIKA CO.,LTD.
㈱東海理化電機製作所
|
111 |
50,000
|
81 | 50,000 | M |
|
TODA CORPORATION
戸田建設㈱
|
109 |
124,185
|
85 | 124,185 | M |
|
TOYODA GOSEI CO.,LTD.
豊田合成㈱
|
103 |
38,573
|
87 | 38,573 | M |
|
OKAYA&CO.,LTD.
岡谷鋼機㈱
|
100 |
+100.0%
↑
14,400
|
74 | 7,200 | M |
|
RYOBI LIMITED
リョービ㈱
|
98 |
44,000
|
67 | 44,000 | M |
|
CHUO SPRING CO.,LTD.
中央発條㈱
|
64 |
38,484
|
27 | 38,484 | M |
|
NICHIAS CORPORATION
ニチアス㈱
|
27 |
6,050
|
16 | 6,050 | M |
|
THE SHIMIZU BANK,LTD.
㈱清水銀行
|
16 |
11,248
|
16 | 11,248 | M |
|
繝繧、繝翫Α繝�繧ッ繝槭ャ繝励�励Λ繝�繝医ヵ繧ゥ繝シ繝譬ェ蠑丈シ夂、セ
ダイナミックマッププラットフォーム㈱
|
14 |
NEW
New
10,000
|
— | ||
|
Mitsubishi Electric Corporation
三菱電機㈱
|
— |
−100%
Exit
—
|
14,537 | 9,210,000 | M |
|
Shin-Etsu Chemical Co., Ltd.
信越化学工業㈱
|
— |
−100%
Exit
—
|
13,184 | 3,084,000 | M |
|
DENSO CORPORATION
㈱デンソー
|
— |
−100%
Exit
—
|
4,030 | 541,511 | |
|
AGC Inc.
AGC㈱
|
— |
−100%
Exit
—
|
4,501 | 914,000 | M |
|
NIPPON STEEL CORPORATION
日本製鉄㈱
|
— |
−100%
Exit
—
|
3,917 | 1,255,500 | |
|
Daido Special Steel Co., Ltd.
大同特殊鋼㈱
|
— |
−100%
Exit
—
|
2,320 | 446,220 | M |
|
Mitsui Chemicals, Inc.
三井化学㈱
|
— |
−100%
Exit
—
|
2,567 | 753,000 | M |
|
NTN CORPORATION
NTN㈱
|
— |
−100%
Exit
—
|
2,106 | 6,249,600 | M |
|
TOYOTA TSUSHO CORPORATION
豊田通商㈱
|
— |
−100%
Exit
—
|
758 | 135,003 | M |
|
TEIJIN LIMITED
帝人㈱
|
— |
−100%
Exit
—
|
1,096 | 785,200 | M |
|
The Yokohama Rubber Company,Limited
横浜ゴム㈱
|
— |
−100%
Exit
—
|
478 | 171,150 | M |
|
NIPPON PAINT HOLDINGS CO.,LTD.
日本ペイントホールディングス㈱
|
— |
−100%
Exit
—
|
619 | 500,000 | M |
|
HAMAMATSU PHOTONICS K.K.
浜松ホトニクス㈱
|
— |
−100%
Exit
—
|
298 | 42,000 | |
|
AICHI STEEL CORPORATION
愛知製鋼㈱
|
— |
−100%
Exit
—
|
25 | 11,000 | M |
|
Shizuoka Financial Group, Inc.
㈱しずおかフィナンシャルグループ(注3)
|
— |
−100%
Exit
—
|
6,657 | 7,000,800 | M |
|
OMRON CORPORATION
オムロン㈱
|
— |
−100%
Exit
—
|
2,229 | 289,300 | |
| KYB㈱ | — |
−100%
Exit
—
|
1,085 | 270,020 | M |
|
RIKEN CORPORATION
㈱リケン
|
— |
−100%
Exit
—
|
155 | 60,000 | M |
|
Sanyo Special Steel Co.,Ltd.
山陽特殊製鋼㈱
|
— |
−100%
Exit
—
|
61 | 25,132 | M |
|
JTEKT Corporation
㈱ジェイテクト
|
— |
−100%
Exit
—
|
18 | 18,000 | M |
| Portfolio total | 159,741 | 156,619 | |||
Book value in ¥M · ↓ reduced · ↑ increased vs prior year · M = mutual holding