As reported in the annual securities report, 2026-03-31.
| Foreign institutions | 0.19% |
|---|---|
| Individuals | 47.48% |
| Top 10 holders | 62.94% |
| Total shareholders | 42,912 |
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 |
|---|---|---|
| Other corporations | 52.21% | 189 |
| Individuals & others | 47.48% | 42,608 |
| Foreign institutions | 0.19% | 15 |
| Securities firms | 0.07% | 11 |
| Foreign individuals | 0.04% | 86 |
| Financial institutions | 0.00% | 3 |
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 | 株式会社ジー・コミュニケーション | 118,560,000 | 50.29% |
| 2 | 沼田 昭二 | 22,618,000 | 9.59% |
| 3 | アリアケジャパン株式会社 | 2,224,000 | 0.94% |
| 4 | 焼肉坂井ホールディングス取引先持株会 | 2,173,000 | 0.92% |
| 5 | 株式会社J・ART | 804,000 | 0.34% |
| 6 | 江川 春延 | 600,000 | 0.25% |
| 7 | 岡田 甲子男 | 400,000 | 0.17% |
| 8 | 杉本 英雄 | 391,000 | 0.17% |
| 9 | 株式会社ニップン | 338,000 | 0.14% |
| 10 | 株式会社マルト水谷 | 318,000 | 0.13% |
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.