Ownership

Number of Shares Outstanding106,353,528 Shares
Number of Shareholders30,917
Shares' % by Shareholders Type
Financial Institutions

32.10%

Securities Companies

1.73%

Other Corporations

23.17%

Foreign Companies－Other

10.86%

Individuals and Other Investors

32.14%

Shareholders' % by Registered Location
Hokkaido Area

1.15%

Tohoku Area

2.14%

Kanto Area

35.54%

Chubu Area

13.59%

Kinki Area

21.56%

Chugoku Area

17.43%

Shikoku Area

3.18%

Kyushu Area

4.65%

Overseas

0.84%
Top 10 ShareholdersInvestment RatioNumber of Shares Held
(Thousand shares)
Minamigata Enterprise Co., Ltd.

13.83%

14,717

Soichiro Fukutake

7.37%

7,842

The Sumitomo Trust & Banking Co., Ltd.

2.84%

3,029

The Mitsubishi Trust & Banking Corporation

2.77%

2,955

The Chugoku Bank, Ltd.

2.57%

2,737

Benesse Corporation Employee Shareholders' Association

2.42%

2,577

Fukutake Education Foundation

2.28%

2,430

Reiko Fukutake

2.18%

2,319

The Dai-ichi Mutual Life Insurance Co.

2.09%

2,233

Fukutake Culture Foundation

2.03%

2,160
*Change in holdings of principal shareholders
On October 1, 2000, Benesse Corporation merged with Minamigata Enterprise Co., Ltd. With this move, Soichiro Fukutake, president of Benesse Corporation, became the principal shareholder of the consolidated shares. Furthermore, as a result of the merger, which consolidated the shares into Benesse Corporation, Mr. Fukutake now owns only directly held shares in Benesse Corporation: 16,044 thousand shares, representing a holding of 15.08%.