INVESTOR INFORMATION | USHIO ANNUAL REPORT 2014

Total Number of Shares Issued

139,628,721

13,444

Name	Number of shares (1,000 shares)	Shareholding ratio (%)
The Master Trust Bank of Japan, Ltd. (Trust Account)	8,304	5.94
Japan Trustee Services Bank, Ltd. (Trust Account)	5,657	4.05
STATE STREET BANK CLIENT OMNIBUS OM04	5,512	3.94
The Bank of Tokyo-Mitsubishi UFJ, Ltd.	4,248	3.04
JP MORGAN CHASE BANK 385174	4,070	2.91
Mizuho Securities Co., Ltd.	3,754	2.68
Resona Bank, Limited.	3,616	2.58
NORTHERN TRUST CO.（AVFC）RE 15PCT TREATY ACCOUNT	3,528	2.52
Asahi Mutual Life Insurance Co.	3,305	2.36
Jiro Ushio	3,201	2.29
Aioi Nissay Dowa Insurance Co., Ltd.	3,104	2.22
Japan Trustee Services Bank, Ltd. (Sumitomo Mitsui Trust Bank, Limited retrust portion/Resona Bank, Limited. Retirement Allowance Trust Account)	2,924	2.09
THE USHIO FOUNDATION	2,400	1.71
STATE STREET BANK AND TRUST COMPANY 505103	2,266	1.62
The Nomura Trust and Banking Co., Ltd. (Trust Account)	2,154	1.54
STATE STREET BANK AND TRUST COMPANY	2,087	1.49

In addition to the above, the Company owns 9,307 thousand shares of treasury stock.
Each of the investment banks listed in the upper portion of the major shareholders table manages securities held by primarily Japanese institutional investors and is also the nominee for these investors. Trust accounts denote accounts that receive trusts such as pension trusts, investment trusts, and designated moneys in trust from the institutional investors concerned.