As reported in the annual securities report, 2025-12-31.
| Foreign institutions | 4.15% |
|---|---|
| Individuals | 50.37% |
| Top 10 holders | 59.59% |
| Total shareholders | 14,403 |
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 | 50.37% | 14,150 |
| Other corporations | 35.40% | 99 |
| Financial institutions | 6.90% | 9 |
| Foreign institutions | 4.15% | 78 |
| Securities firms | 3.11% | 22 |
| Foreign individuals | 0.07% | 45 |
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 | 株式会社フェニックス | 36,500,000 | 32.90% |
| 2 | 勝呂 彰 | 6,514,600 | 5.87% |
| 3 | 日本マスタートラスト信託銀行株式会社(信託口) | 4,960,700 | 4.47% |
| 4 | リンクアンドモチベーション従業員持株会 | 4,428,442 | 3.99% |
| 5 | 榊原 清孝 | 2,951,600 | 2.66% |
| 6 | 坂下 英樹 | 2,930,000 | 2.64% |
| 7 | 株式会社日本カストディ銀行(信託口) | 2,422,700 | 2.18% |
| 8 | 小笹 芳央 | 2,200,000 | 1.98% |
| 9 | 株式会社FCE | 1,622,000 | 1.46% |
| 10 | 田中 弦 | 1,592,290 | 1.44% |
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.