The source provides the information, that for the purpose of computing the shareholding ratios, 600 shares of treasury stock are excluded from the total number of issued shares of the company.
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Equity percentage of JR West's principal shareholders 2020, by corporation
As of March 31, 2020, The Master Trust Bank of Japan, Ltd. held approximately 7.13 percent of JR West's equity. The number of emitted shares amounted to around 191.33 million of 800 million shares authorized to be issued.
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JR West. (June 24, 2020). Equity percentage of West Japan Railway Company's (JR West) principal shareholders as of March 2020, by corporation [Graph]. In ÌÇÐÄÆÆ½â°æ. Retrieved August 05, 2026, from /statistics/695002/japan-jr-west-major-shareholder-equity-ownership-shares-ratio-by-corporation/
JR West. "Equity percentage of West Japan Railway Company's (JR West) principal shareholders as of March 2020, by corporation." Chart. June 24, 2020. ÌÇÐÄÆÆ½â°æ. Accessed August 05, 2026. /statistics/695002/japan-jr-west-major-shareholder-equity-ownership-shares-ratio-by-corporation/
JR West. (2020). Equity percentage of West Japan Railway Company's (JR West) principal shareholders as of March 2020, by corporation. ÌÇÐÄÆÆ½â°æ. ÌÇÐÄÆÆ½â°æ Inc.. Accessed: August 05, 2026. /statistics/695002/japan-jr-west-major-shareholder-equity-ownership-shares-ratio-by-corporation/
JR West. "Equity Percentage of West Japan Railway Company's (Jr West) Principal Shareholders as of March 2020, by Corporation." ÌÇÐÄÆÆ½â°æ, ÌÇÐÄÆÆ½â°æ Inc., 24 Jun 2020, /statistics/695002/japan-jr-west-major-shareholder-equity-ownership-shares-ratio-by-corporation/
JR West, Equity percentage of West Japan Railway Company's (JR West) principal shareholders as of March 2020, by corporation ÌÇÐÄÆÆ½â°æ, /statistics/695002/japan-jr-west-major-shareholder-equity-ownership-shares-ratio-by-corporation/ (last visited August 05, 2026)
Equity percentage of West Japan Railway Company's (JR West) principal shareholders as of March 2020, by corporation [Graph], JR West, June 24, 2020. [Online]. Available: /statistics/695002/japan-jr-west-major-shareholder-equity-ownership-shares-ratio-by-corporation/