As reported in the annual securities report, 2025-12-31.
| Foreign institutions | 2.89% |
|---|---|
| Individuals | 91.30% |
| Top 10 holders | 73.57% |
| Total shareholders | 28,125 |
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 | 91.30% | 27,872 |
| Financial institutions | 4.17% | 9 |
| Foreign institutions | 2.89% | 53 |
| Securities firms | 1.11% | 27 |
| Other corporations | 0.40% | 56 |
| Foreign individuals | 0.13% | 108 |
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 | 佐野 陽光 | 46,585,300 | 63.55% |
| 2 | 日本マスタートラスト信託銀行株式会社(信託口) | 3,708,000 | 5.06% |
| 3 | UBS AG LONDON A/C IPB SEGREGATED CLIENT ACCOUNT(常任代理人 シティバンク、エヌ・エイ東京支店) | 708,600 | 0.97% |
| 4 | NORTHERN TRUST CO. (AVFC) RE U.S. TAX EXEMPTED PENSION FUNDS SEC LENDING(常任代理人 香港上海銀行東京支店) | 672,800 | 0.92% |
| 5 | 橋本 健太 | 484,700 | 0.66% |
| 6 | 平尾 丈 | 426,800 | 0.58% |
| 7 | 楽天証券株式会社共有口 | 355,700 | 0.49% |
| 8 | BNP PARIBAS LUXEMBOURG/2S/JASDEC/JANUS HENDERSON HORIZON FUND(常任代理人 香港上海銀行東京支店) | 339,200 | 0.46% |
| 9 | 株式会社日本カストディ銀行(信託口) | 323,600 | 0.44% |
| 10 | 齋藤 貴子 | 322,800 | 0.44% |
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.