As reported in the annual securities report, 2025-07-31.
| Foreign institutions | 2.04% |
|---|---|
| Individuals | 76.12% |
| Top 10 holders | 44.90% |
| Total shareholders | 17,553 |
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 | 76.12% | 17,376 |
| Other corporations | 15.37% | 65 |
| Securities firms | 5.36% | 27 |
| Foreign institutions | 2.04% | 33 |
| Financial institutions | 1.00% | 3 |
| Foreign individuals | 0.12% | 49 |
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 | 閔 弘圭 | 3,446,000 | 18.23% |
| 2 | 東日本旅客鉄道株式会社 | 2,216,900 | 11.73% |
| 3 | 和田 哲也 | 800,000 | 4.23% |
| 4 | 野平 幸佑 | 640,000 | 3.38% |
| 5 | 楽天証券株式会社 | 448,700 | 2.37% |
| 6 | 池田 慶祐 | 214,000 | 1.13% |
| 7 | 小川 祐司 | 207,000 | 1.09% |
| 8 | TOPPANホールディングス株式会社 | 190,000 | 1.00% |
| 9 | 株式会社SBI証券 | 169,459 | 0.89% |
| 10 | 岡野バルブ製造株式会社 | 161,200 | 0.85% |
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.