Link and Motivation Inc.

2170 TSE Industrials Services
TSE Prime

Shareholding pattern

As reported in the annual securities report, 2025-12-31.

Foreign institutions4.15%
Individuals50.37%
Top 10 holders59.59%
Total shareholders14,403

Who owns the company

Share of voting units
Individuals & others: 50.37%Other corporations: 35.4%Financial institutions: 6.9%Foreign institutions: 4.15%Securities firms: 3.11%Foreign individuals: 0.07%50.4%Individuals & others
Individuals & others 50.37%Other corporations 35.4%Financial institutions 6.9%Foreign institutions 4.15%Securities firms 3.11%Foreign individuals 0.07%

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.

Ownership Trend

Holding %, recent years
0204060FY22FY23FY24FY25FY2022 — Foreign institutions: 5 %FY2023 — Foreign institutions: 4 %FY2024 — Foreign institutions: 4 %FY2025 — Foreign institutions: 4 %FY2022 — Financial institutions: 7 %FY2023 — Financial institutions: 8 %FY2024 — Financial institutions: 9 %FY2025 — Financial institutions: 7 %FY2022 — Individuals: 48 %FY2023 — Individuals: 47 %FY2024 — Individuals: 45 %FY2025 — Individuals: 50 %FY2022 — Other corporations: 39 %FY2023 — Other corporations: 39 %FY2024 — Other corporations: 41 %FY2025 — Other corporations: 35 %FY2022 — Securities firms: 2 %FY2023 — Securities firms: 2 %FY2024 — Securities firms: 1 %FY2025 — Securities firms: 3 %
Foreign institutionsFinancial institutionsIndividualsOther corporationsSecurities firms

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.

Ownership detail

Investor categoryHolding %Shareholders
Individuals & others50.37%14,150
Other corporations35.40%99
Financial institutions6.90%9
Foreign institutions4.15%78
Securities firms3.11%22
Foreign individuals0.07%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.

Largest shareholders

S.No.ShareholderSharesStake %
1株式会社フェニックス36,500,00032.90%
2勝呂 彰6,514,6005.87%
3日本マスタートラスト信託銀行株式会社(信託口)4,960,7004.47%
4リンクアンドモチベーション従業員持株会4,428,4423.99%
5榊原 清孝2,951,6002.66%
6坂下 英樹2,930,0002.64%
7株式会社日本カストディ銀行(信託口)2,422,7002.18%
8小笹 芳央2,200,0001.98%
9株式会社FCE1,622,0001.46%
10田中 弦1,592,2901.44%

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.

Educational data only. Not a recommendation to buy, sell or hold any security.