As reported in the annual securities report, 2026-03-31.
| Foreign institutions | 0.79% |
|---|---|
| Individuals | 65.14% |
| Top 10 holders | 54.09% |
| Total shareholders | 5,937 |
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 | 65.14% | 5,843 |
| Other corporations | 32.08% | 37 |
| Financial institutions | 1.47% | 2 |
| Foreign institutions | 0.79% | 19 |
| Securities firms | 0.49% | 20 |
| Foreign individuals | 0.03% | 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 | 株式会社秦野 | 4,510,000 | 19.96% |
| 2 | 株式会社髙橋 | 2,001,000 | 8.86% |
| 3 | 辻本 桂吾 | 1,024,000 | 4.53% |
| 4 | 株式会社坂本 | 810,000 | 3.58% |
| 5 | 秦野 和浩 | 742,000 | 3.28% |
| 6 | 髙橋 明宏 | 741,000 | 3.28% |
| 7 | 高木 幸一 | 720,000 | 3.18% |
| 8 | 河合 順 | 600,000 | 2.65% |
| 9 | 宮崎 正哉 | 600,000 | 2.65% |
| 10 | 公益財団法人マルホ・高木皮膚科学振興財団 | 480,000 | 2.12% |
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.