| # | Holder | Shares | % of Shares Out | Change | Filing Date |
|---|---|---|---|---|---|
| 1 |
Naito Co., Ltd.
|
18.647m | 13.51% | — | Sep 30 2025 |
| 2 |
Dalton Investments, Inc.
|
8.921m | 6.46% | +1.152m | Jan 23 2026 |
| 3 |
Hayashi (Kenji)
|
7.369m | 5.34% | — | Sep 30 2025 |
| 4 |
Nomura Asset Management Co., Ltd.
|
6.546m | 4.74% | -1.683m | Sep 15 2025 |
| 5 |
Rinnai Scholarship Foundation
|
4.200m | 3.04% | — | Sep 30 2025 |
|
1
Naito Co., Ltd.
|
13.51%
18.647m
|
|
2
Dalton Investments, Inc.
|
6.46%
8.921m
|
|
3
Hayashi (Kenji)
|
5.34%
7.369m
|
|
4
Nomura Asset Management Co., Ltd.
|
4.74%
6.546m
|
|
5
Rinnai Scholarship Foundation
|
3.04%
4.200m
|
| The largest shareholders show who really holds influence: big institutional owners shape a stock's liquidity, and building or cutting positions can move the price. | |
| The 5 largest shareholders together hold 33.09% of Rinnai Corp, with Naito Co., Ltd. the biggest at 13.51%, followed by Dalton Investments, Inc. (6.46%) and Hayashi (Kenji) (5.34%). |
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