Stock and Corporate Bonds

Shareholder meeting materials, information concerning shareholder returns and the stock price, and analyst ratings and analyst consensus

Font Size

Stock Information

Numbers of issued shares and shareholders(As of June 30, 2023)

Total number of authorized shares
5,000,000,000
Total number of issued shares
2,370,512,215
Number of shareholders
16,271
  • NPHD issued new shares through a third-party allotment to Nipsea International Limited and Fraser (HK) Limited on January 25, 2021. As a result, the total number of issued shares of NPHD increased by 148,700,000 to 474,102,443.
  • Based on a resolution made at the Board of Directors meeting held on February 10, 2021, each share of common stock owned by shareholders listed or recorded in the final register of shareholders as of the record date of March 31, 2021, was split into five shares with effect from April 1, 2021. As a result, the total number of issued shares following the abovementioned issuance of new shares through a third-party allotment (474,102,443) increased by 1,896,409,772 to 2,370,512,215.
  • Following the abovementioned stock split, pursuant to Article 184, Paragraph 2 of the Companies Act, on April 1, 2021, NPHD amended the total number of authorized shares prescribed in Article 6 of its Articles of Incorporation from 1,000,000,000 to 5,000,000,000.
  • All shares are common stock and no class shares are issued.
  • The Company has introduced a unit share system based on the provisions of the Companies Act, and shareholders have one voting right per unit (100 shares).

Distribution by Shareholder Type (number of shares held)

Financial institutions 11.64% (275,787,655), Financial instruments business operators 0.93% (21,954,053), Other Japanese corporations 2.60% (61,673,251), Foreign investors 81.10% (1,922,400,675), Individuals and other investors 2.82% (66,811,059), Treasury stock 0.92% (21,885,522).Financial institutions 11.64% (275,787,655), Financial instruments business operators 0.93% (21,954,053), Other Japanese corporations 2.60% (61,673,251), Foreign investors 81.10% (1,922,400,675), Individuals and other investors 2.82% (66,811,059), Treasury stock 0.92% (21,885,522).

* Shareholding ratios are rounded to two decimal places.

Shareholder Numbers by Year (historical data)(As of June 30, 2023)

FY2017 10,641 Shareholders, FY2018 8,842 Shareholders, FY2019 9,752 Shareholders, FY2020 7,885 Shareholders, As of June 30, 2021 12,588 Shareholders, As of December 31, 2021 14,564 Shareholders, As of June 30, 2022 17,373 Shareholders, As of December 31, 2022 16,109 Shareholders, As of June 30, 2023 16,271 Shareholders

Breakdown by Investor Type (historical data)(As of June 30, 2023)

FY2017, Financial institutions 28.27%, Financial instruments business operators 1.09%, Other Japanese corporations 5.69%, Foreign investors 57.99%, Individuals and other investors 5.52%, Treasury stock 1.44%. FY2018, Financial institutions 28.10%, Financial instruments business operators 0.97%, Other Japanese corporations 5.88%, Foreign investors 58.57%, Individuals and other investors 5.03%, Treasury stock 1.44%. FY2019, Financial institutions 29.50%, Financial instruments business operators 0.17%, Other Japanese corporations 5.34%, Foreign investors 58.75%, Individuals and other investors 4.82%, Treasury stock 1.42%. FY2020, Financial institutions 30.01%, Financial instruments business operators 0.84%, Other Japanese corporations 5.02%, Foreign investors 58.65%, Individuals and other investors 4.08%, Treasury stock 1.39%. As of June 30, 2021, Financial institutions 20.58%, Financial instruments business operators 0.54%, Other Japanese corporations 3.40%, Foreign investors 71.66%, Individuals and other investors 2.88%, Treasury stock 0.94%. As of December 31, 2021, Financial institutions 19.75%, Financial instruments business operators 0.49%, Other Japanese corporations 3.26%, Foreign investors 72.68%, Individuals and other investors 2.89%, Treasury stock 0.94%. As of June 30, 2022, Financial institutions 13.62%, Financial instruments business operators 1.07%, Other Japanese corporations 3.08%, Foreign investors 78.35%, Individuals and other investors 2.92%, Treasury stock 0.93%. As of December 31, 2022, Financial institutions 12.91%, Financial instruments business operators 0.70%, Other Japanese corporations 2.91%, Foreign investors 79.68%, Individuals and other investors 2.86%, Treasury stock 0.93%. As of June 30, 2023, Financial institutions 11.64%, Financial instruments business operators 0.93%, Other Japanese corporations 2.60%, Foreign investors 81.10%, Individuals and other investors 2.82%, Treasury stock 0.92%.

* Shareholding ratios are rounded to two decimal places.

  • Stock Data (historical data) (Excel: 21.0KB)

Policy on Cross-shareholdings

  1. The Company makes a decision every year on the continued holding of cross-shareholders at the Board of Directors based on the policy described below and disposes of or reduces holdings of shares for which the rationality of their holing can’t be recognized.
    Our Policy on Cross-Shareholding: The Company holds shares of other listed companies as Cross-Shareholdings, limited to where it can be determined to be reasonable in consideration of, among others, the necessity of it for business activities (e.g., to maintain and strengthen the relationship with the business partner), the status of the issuer, and the return on the capital cost.
  2. The Company, based on the policy of the preceding paragraph and internal standards, exercises voting rights upon making comprehensive judgment, from the perspectives of maximization of corporate value in the medium to long-term of the other company to the Cross-Shareholding, the effect on the Group, etc.
(From our “Corporate Governance Policies”)

Strategic shareholdings and total balance sheet amount

FY2022
Number of companies 18
(Number of listed companies) 2
Total balance sheet amount (Million yen) 5,831
(The amount for listed companies) (Million yen) 4,834

Specified investment securities

Stock name
FY2022
Number of shares
Balance sheet amount
FY2021
Number of shares
Balance sheet amount
Purpose of holding*1
NPHD shareholders
Honda Motor Co., Ltd.
FY2022
Number of shares
Balance sheet amount
1,206,160 (shares)
3,657 (million yen)
FY2021
Number of shares
Balance sheet amount
1,206,160 (shares)
3,895 (million yen)
Purpose of holding*1
The company is an important customer essential to maintain and develop automotive coatings business transactions.
NPHD shareholders
Yes
Mazda Motor Corporation
FY2022
Number of shares
Balance sheet amount
1,172,000 (shares)
1,177 (million yen)
FY2021
Number of shares
Balance sheet amount
1,172,000 (shares)
1,037 (million yen)
Purpose of holding*1
The company is an important customer essential to maintain and develop automotive coatings business transactions.
NPHD shareholders
No
Toyota Motor Corporation
FY2022
FY2021
Number of shares
Balance sheet amount
10,966,465 (shares)
23,089 (million yen)
Purpose of holding*1
The company is an important customer essential to maintain and develop automotive coatings business transactions. As a result of examining the rationality of shareholding, however, all our shares held in this company were sold during FY2022.
NPHD shareholders
Yes*2
Mitsubishi UFJ Financial Group
FY2022
Number of shares
Balance sheet amount
FY2021
Number of shares
Balance sheet amount
905,970 (shares)
566 (million yen)
Purpose of holding*1
The company is an important correspondent financial institution essential to maintain and develop financial transactions. As a result of examining the rationality of shareholding, however, all our shares held in this company were sold during FY2022.
NPHD shareholders
Yes*3
Sumitomo Mitsui Trust Holdings, Inc.
FY2022
Number of shares
Balance sheet amount
FY2021
Number of shares
Balance sheet amount
123,561 (shares)
474 (million yen)
Purpose of holding*1
The company is an important correspondent financial institution essential to maintain and develop financial transactions. As a result of examining the rationality of shareholding, however, all our shares held in this company were sold during FY2022.
NPHD shareholders
No
Sumitomo Mitsui Financial Group, Inc.
FY2022
Number of shares
Balance sheet amount
FY2021
Number of shares
Balance sheet amount
51,867 (shares)
204 (million yen)
Purpose of holding*1
The company is an important correspondent financial institution essential to maintain and develop financial transactions. As a result of examining the rationality of shareholding, however, all our shares held in this company were sold during FY2022.
NPHD shareholders
No

*1: Purpose of holding, quantitative benefits of holding, reasons for an increase in number of shares.
*2: Shareholding in NPHD shares includes shares held through a trust account.
*3: Shareholding in NPHD shares includes shares held by group companies.

Major Shareholders(As of June 30, 2023)

Name
Number of shares
(thousands)
Shareholding
ratio (%)
Name
Nipsea International Limited
Number of shares
(in thousands)
1,293,030
Shareholding
ratio (%)
55.05
Name
The Master Trust Bank of Japan, Ltd. (Trust Account)
Number of shares
(in thousands)
140,108
Shareholding ratio (%)
5.96
Name
JP JPMSE LUX RE UBS AG LONDON BRANCH EQ CO
Number of shares
(in thousands)
85,768
Shareholding
ratio (%)
3.65
Name
Fraser (HK) Limited
Number of shares
(in thousands)
85,000
Shareholding
ratio (%)
3.61
Name
HSBC BANK PLC A/C CLIENTS 3
Number of shares
(in thousands)
57,296
Shareholding
ratio (%)
2.43
Name
Nippon Life Insurance Company
Number of shares
(in thousands)
51,381
Shareholding
ratio (%)
2.18
Name
Custody Bank of Japan Ltd. (Trust Account)
Number of shares
(in thousands)
41,573
Shareholding
ratio (%)
1.77
Name
Stock Information
Number of shares
(in thousands)
30,957
Shareholding
ratio (%)
1.31
Name
HSBC - FUND SERVICES CLIENTS A/C 500
Number of shares
(in thousands)
21,205
Shareholding
ratio (%)
0.90
Name
GIC PRIVATE LIMITED - C
Number of shares
(in thousands)
20,375
Shareholding
ratio (%)
0.86
  • The Company holds 21,885,522 shares of treasury stock and is excluded from the above list of major shareholders.
  • The shareholding ratio is calculated exclusive of treasury shares.
  • Nipsea International Limited is a wholly owned subsidiary company of Wuthelam Holdings Limited, of which Goh Hup Jin, Director of the Company, serves as Managing Director.
  • Fraser (HK) Limited is a subsidiary company of a company (W (BVI) Holdings Limited) whose majority voting rights are held by Goh Hup Jin, Director of the Company, on his own account, and falls under affiliated parties of the Company.
  • Since the Company was able to confirm the intention of the financial institutions to sell the shares of the Company’s common stock held by them, the Company resolved at the Board of Directors meeting held on January 7, 2022 to conduct a secondary offering of shares in overseas markets, in order to provide such sellers with a smooth opportunity to sell their shares and to resolve the issue of the low market liquidity of the Company’s stock relative to its market capitalization. In accordance with the resolution, the Company implemented the offering as shown on the next page. This secondary offering of shares in overseas markets was conducted with the goal of improving the liquidity of the Company’s stock, building a global base of investors that show an understanding of the Company’s growth strategies from a long-term perspective, and alleviating concerns surrounding the potential sale of the Company’s common stock held as strategic holdings. This secondary offering will also contribute to the improvement of the tradable share ratio required to maintain listing on the “Prime Market,” a new market segment of the Tokyo Stock Exchange.

Stock Overview

Account closing date December 31
General meeting of shareholders March
Record date for shareholders Year-end dividend: December 31
Interim dividend: June 30
Shareholder registry administrator Mitsubishi UFJ Trust and Banking Corporation
Osaka Corporate Agency Division
3-6-3 Fushimi-machi, Chuo-ku, Osaka 541-8502
Stock listing Tokyo Stock Exchange

Exercise of Shareholders' Rights

  • The Company sets the appropriate schedule of a General Meeting of Shareholders in order to ensure that shareholders can attend the shareholders meeting after giving sufficient consideration to the proposals, or can exercise their voting rights before the date of the General Meeting of Shareholders.
  • The Company, in order to ensure that shareholders can appropriately exercise their voting rights, shall provide accurate information including electronic disclosure of the convocation notice of the General Meeting of Shareholders and disclosure in English, and shall work on the improvement of environment for exercise of voting rights, including the use of the Electronic Voting Platform.
  • The Company, in the event of a proposal submitted by the Company have an opposition rate of 20% or more, shall examine the subsequent response through the analysis at the Board of Directors of the causes and issues surrounding such significant negative votes.
  • The Company, upon receipt of a request for attendance from a beneficial shareholder who owns shares under the name of, for example, a trust bank, the Company will permit the shareholder to attend the General Meeting of Shareholders (including the attendance as an observer) after conducting a reasonable identity confirmation of the shareholder.

(From our "Corporate Governance Policies")

For reference: Ratio of voting rights required for voting at the General Meeting

Proposal Resolution Method Source
Election of Directors The election of directors shall take place when shareholders with 1/3 or more of the votes of shareholders entitled to exercise their votes are in attendance, by a majority decision of said votes. Cumulative voting shall not be applied for the election of directors. Article 341 of the Companies Act
Articles 21 [2] and 21 [3] of the Company’s Articles of Incorporation
Amendment of Articles of Incorporation
Resolutions may be made where shareholders with 1/3 or more of the votes of shareholders entitled to exercise their votes are in attendance, by a 2/3 or more majority of said votes. Article 309, Paragraph 2 of the Companies Act
Article 18 [2] of the Company’s Articles of Incorporation
Other resolutions A resolution of the General Meeting of Shareholders shall be passed by a majority of the votes of the shareholders in attendance. Article 309, Paragraph 1 of the Companies Act
Article 18 [1] of the Company’s Articles of Incorporation


For reference: Ratio of voting rights required for exercise of shareholders’ rights

Shareholder rights Voting rights ratio and requirements required for exercise Source
Demand for Calling of Meetings by Shareholders A demand to call a shareholders meeting may be made by shareholders who have held not less than three hundredths (3/100) of the votes of all shareholders consecutively for the preceding six months or more. Article 297, Paragraphs 1 and 2 of the Companies Act
Shareholders’ Right to Propose A proposal may be made by shareholders who have held not less than one hundredth (1/100) of the votes of all shareholders, or not less than three hundred votes of all shareholders, consecutively for the preceding six months or more. Article 303 of the Companies Act
Action for pursuing liability An action for pursuing liability may be brought by a shareholder who has held shares consecutively for the preceding six months or more. Article 847, Paragraph 1 of the Companies Act
  • All of the above rights can be exercised in accordance with the provisions of the Companies Act. The same applies to the exercise of shareholder rights other than the above.



Links to related pages

This website requires some functions similar to those of cookies.
If you allow our cookies, we use them to collect statistical data about your visit to improve our service. Videos are also presented by using YouTube. Cookies and other means are used only when you opt to watch videos. If you do not allow our cookies, only technical cookies are used.
Click/tap here for details.