As reported in the annual securities report, 2025-12-31.
| Foreign institutions | 2.54% |
|---|---|
| Individuals | 46.25% |
| Top 10 holders | 60.43% |
| Total shareholders | 1,968 |
How to read this: each slice is a group of investors. Foreign and financial institutions are professional money; individuals are retail shareholders; other corporations are usually business partners holding strategic stakes. A large institutional slice generally means heavier analyst coverage and more trading volume.
How to read this: each line shows how one investor group's share has moved over recent years. A rising foreign or institutional line can signal growing professional interest; a falling one the opposite. Japanese companies disclose ownership once a year, so these are annual points — read the direction over several years rather than a single step.
| Investor category | Holding % | Shareholders |
|---|---|---|
| Individuals & others | 46.25% | 1,917 |
| Other corporations | 45.80% | 19 |
| Securities firms | 5.20% | 15 |
| Foreign institutions | 2.54% | 12 |
| Financial institutions | 0.18% | 1 |
| Foreign individuals | 0.03% | 4 |
How to read this: a high foreign or institutional share often means the stock is widely researched and more liquid; a high individual share means retail investors hold most of the company. Percentages are of voting units.
| S.No. | Shareholder | Shares | Stake % |
|---|---|---|---|
| 1 | 株式会社Well Side | 1,524,000 | 29.73% |
| 2 | 横井 太輔 | 300,000 | 5.85% |
| 3 | 株式会社チェンジホールディングス | 300,000 | 5.85% |
| 4 | DCIベンチャー成長支援投資事業有限責任組合 | 261,000 | 5.09% |
| 5 | アズワン株式会社 | 200,000 | 3.90% |
| 6 | 株式会社シーティーエス | 130,000 | 2.53% |
| 7 | 在間 文人 | 110,000 | 2.14% |
| 8 | 楽天証券株式会社共有口 | 99,300 | 1.93% |
| 9 | 株式会社SBI証券 | 95,144 | 1.85% |
| 10 | 株式会社QTnet | 80,000 | 1.56% |
Trust banks such as Master Trust and Custody Bank appear at the top of most Japanese registers: they hold shares on behalf of many underlying funds rather than owning them outright.