As reported in the annual securities report, 2025-12-31.
| Foreign institutions | 5.40% |
|---|---|
| Individuals | 51.77% |
| Top 10 holders | 71.38% |
| Total shareholders | 2,676 |
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 | 51.77% | 2,570 |
| Other corporations | 35.46% | 42 |
| Foreign institutions | 5.40% | 24 |
| Securities firms | 5.05% | 21 |
| Financial institutions | 2.17% | 3 |
| Foreign individuals | 0.15% | 16 |
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 | Nstyle株式会社 | 2,600,000 | 33.69% |
| 2 | 中内 準 | 1,922,400 | 24.91% |
| 3 | 水山 直也 | 319,400 | 4.14% |
| 4 | 株式会社SBI証券 | 146,166 | 1.89% |
| 5 | 株式会社日本カストディ銀行(信託口) | 132,400 | 1.72% |
| 6 | 野村證券株式会社 | 109,000 | 1.41% |
| 7 | BNY GCM CLIENT ACCOUNT JPRD AC ISG(FE-AC)(常任代理人株式会社三菱UFJ銀行) | 92,472 | 1.20% |
| 8 | セントラル短資株式会社 | 80,000 | 1.04% |
| 9 | MORGAN STANLEY & CO. LLC(常任代理人モルガン・スタンレーMUFG証券株式会社) | 54,303 | 0.70% |
| 10 | THE BANK OF NEW YORK MELLON 140044(常任代理人株式会社みずほ銀行) | 52,800 | 0.68% |
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.