(as of March 31, 2011)

Major shareholders

Shareholder	Shares held	%
Masato Matsuura	2,257,924	4.89
Toshio Kobayashi	2,257,818	4.89
The Master Trust Bank of Japan, Ltd. (Trust account)	2,081,400	4.50
Japan Trustee Services Bank, Ltd. (Trust account)	1,883,000	4.07
BBH Lux. Fidelity Funds Advantage Japan	1,328,700	2.87
Max 2000 Inc.	1,150,000	2.49
T'S Capital Inc.	1,150,000	2.49
Trust & Custody Services Bank, Ltd. (securities investment trust account)	1,085,400	2.35
Daiichikosho Co., Ltd.	920,000	1.99
Ryuhei Chiba	783,350	1.69

Notes:
1. In addition to the above table, there are 3,039,014(6.58%) treasury shares owned by the Company.
2. CEO Masato Matsuura serve as representative directors of Max 2000 Inc. respectively.

Type of shareholders

Total 43,773

No. of shares %   Domestic financial institutions 49 0.11%   Financial operators 31 0.07%   Domestic operators 195 0.45%   Foreign investors 154 0.35%   Japanese individuals and others 43,343 99.02%   Treasury stock 1 0.00%

Share distribution

Total 46,157,810 shares

No. of shares %   Domestic financial institutions 10,261,708 22.23%   Financial operators 772,400 1.67%   Domestic operators 3,685,984 7.99%   Foreign investors 5,656,243 12.25%   Japanese individuals and others 22,742,461 49.27%   Treasury stock 3,039,014 6.58%

Number of shareholders

	2007/3	2008/3	2009/3	2010/3	2011/3
No. of shareholders	33,810	40,716	47,281	54,293	43,773