Our Approach to Shareholder Return

The return of profits to shareholders is a key management issue at Noritz.

For the three years from 2018 to 2020, we will actively work to return profits to our shareholders, with a goal of a total return ratio of 50% on a consolidated basis, including share buybacks.

Our Approach to Shareholder Return

Stock Information(As of December 31, 2020)

Total no. of authorized stocks:156,369,000
 Total no. of issued stocks:50,797,651
No. of shareholders:7,059

Status of Major Shareholders

Name of Shareholders No.of shared held Voting ratio(%)
The Master Trust Bank of Japan ,Ltd.(trust account) 2,678,000 5.82
The Dai-ichi Life Insurance Company limited 2,303,100 5.00
Sumitomo Mitsui Banking Corporation 2,199,695 4.78
Noritz Trade Connection Stock Ownership 1,931,609 4.20
Chofu Seisakusho Co., Ltd. 1,520,000 3.30
K S D - K B 1,437,600 3.12
Custody Bank of Japan, Ltd.(trust account) 1,346,600 2.92
Noritz Client Shareholding Association 1,307,100 2.84
Nippon Electric Glass Co.,Ltd. 1,119,300 2.43
Noritz Employee Stock Ownership 1,118,315 2.43


NOTE 1: While the company owns 4,814,877 shares of treasury stock, this figure is not listed in the chart above.
NOTE 2: Shareholder ratio is calculated after deducting 4,814,877 shares of treasury stock.

Breakdown by category of shareholder

Breakdown by category of shareholder

Breakdown of ownership among shareholders

Breakdown of ownership among shareholders