As reported in the annual securities report, 2025-11-30.
| Foreign institutions | 10.69% |
|---|---|
| Individuals | 61.34% |
| Top 10 holders | 50.78% |
| Total shareholders | 14,042 |
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 | 61.34% | 13,768 |
| Financial institutions | 13.27% | 10 |
| Other corporations | 11.26% | 76 |
| Foreign institutions | 10.69% | 74 |
| Securities firms | 3.21% | 24 |
| Foreign individuals | 0.24% | 90 |
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 | 浦上 壮平 | 8,040,800 | 10.29% |
| 2 | 株式会社UH Partners 2投資事業有限責任組合無限責任組合員株式会社UH Partners 2 | 5,937,300 | 7.60% |
| 3 | 株式会社UH5 | 5,925,200 | 7.58% |
| 4 | 日本マスタートラスト信託銀行株式会社(信託口) | 5,708,100 | 7.30% |
| 5 | 株式会社日本カストディ銀行(信託口) | 3,851,000 | 4.93% |
| 6 | エスプール従業員持株会 | 2,795,800 | 3.57% |
| 7 | 赤浦 徹 | 2,362,400 | 3.02% |
| 8 | 佐藤 英朗 | 1,984,800 | 2.54% |
| 9 | 光通信KK投資事業有限責任組合無限責任組合員光通信株式会社 | 1,891,600 | 2.42% |
| 10 | 株式会社UH Partners 3 | 1,199,300 | 1.53% |
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.