As reported in the annual securities report, 2025-06-30.
| Foreign institutions | 5.46% |
|---|---|
| Individuals | 75.58% |
| Top 10 holders | 62.30% |
| Total shareholders | 2,589 |
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 | 75.58% | 2,510 |
| Securities firms | 15.94% | 21 |
| Foreign institutions | 5.46% | 28 |
| Other corporations | 2.26% | 17 |
| Financial institutions | 0.73% | 1 |
| Foreign individuals | 0.03% | 12 |
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 | 中山田 明 | 1,575,400 | 17.30% |
| 2 | JICベンチャー・グロース・ファンド1号投資事業有限責任組合 | 812,400 | 8.90% |
| 3 | 結長期戦略投資事業有限責任組合 | 744,400 | 8.20% |
| 4 | 楽天証券株式会社 | 733,300 | 8.10% |
| 5 | 塩澤 崇 | 558,200 | 6.10% |
| 6 | テクノロジーベンチャーズ5号投資事業有限責任組合 | 464,000 | 5.10% |
| 7 | 株式会社SBI証券 | 277,877 | 3.10% |
| 8 | JPモルガン証券株式会社 | 191,900 | 2.10% |
| 9 | 藤崎 真治郎 | 168,500 | 1.90% |
| 10 | 新生ベンチャーパートナーズ1号投資事業有限責任組合 | 139,400 | 1.50% |
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.