As reported in the annual securities report, 2026-03-31.
| Foreign institutions | 5.52% |
|---|---|
| Individuals | 80.75% |
| Top 10 holders | 57.71% |
| Total shareholders | 3,292 |
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 | 80.75% | 3,184 |
| Financial institutions | 8.98% | 2 |
| Foreign institutions | 5.52% | 15 |
| Other corporations | 3.67% | 41 |
| Securities firms | 0.92% | 16 |
| Foreign individuals | 0.16% | 34 |
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 | 大前 研一 | 4,800,300 | 34.63% |
| 2 | ㈱日本カストディ銀行(信託E口) | 1,200,000 | 8.66% |
| 3 | THE HONGKONG AND SHANGHAI BANKING CORPORATION LTD - SINGAPORE BRANCH PRIVATE BANKING DIVISION CLIENTS A/C 8221 - 623793(常任代理人 香港上海銀行東京支店) | 564,700 | 4.07% |
| 4 | 久保 博昭 | 240,000 | 1.73% |
| 5 | 上原 俊彦 | 230,000 | 1.66% |
| 6 | 酒井 拓 | 227,200 | 1.64% |
| 7 | 宮本 雅史 | 198,000 | 1.43% |
| 8 | Aoba-BBT従業員持株会 | 188,600 | 1.36% |
| 9 | 大西 寛 | 182,000 | 1.31% |
| 10 | 日森 潤 | 169,700 | 1.22% |
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.