As reported in the annual securities report, 2026-02-28.
| Foreign institutions | 0.01% |
|---|---|
| Individuals | 82.21% |
| Top 10 holders | 57.30% |
| Total shareholders | 12,047 |
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 | 82.21% | 11,932 |
| Financial institutions | 11.00% | 3 |
| Other corporations | 6.67% | 73 |
| Foreign individuals | 0.07% | 31 |
| Securities firms | 0.04% | 7 |
| Foreign institutions | 0.01% | 1 |
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 | 牧 平 年 廣 | 1,591,000 | 30.30% |
| 2 | きょくとう社員持株会 | 269,000 | 5.10% |
| 3 | 株式会社西日本シティ銀行 | 250,000 | 4.80% |
| 4 | 株式会社十八親和銀行 | 220,000 | 4.20% |
| 5 | 永 田 光 春 | 147,000 | 2.80% |
| 6 | 株式会社佐賀銀行 | 140,000 | 2.70% |
| 7 | 牧 平 京 子 | 132,000 | 2.50% |
| 8 | ロイヤルネットワーク株式会社 | 100,000 | 1.90% |
| 9 | 冨 沢 広 之 | 89,000 | 1.70% |
| 10 | 株式会社ツー・エム化成 | 71,000 | 1.30% |
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.