As reported in the annual securities report, 2025-12-31.
| Foreign institutions | 3.77% |
|---|---|
| Individuals | 52.58% |
| Top 10 holders | 41.59% |
| Total shareholders | 3,495 |
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 | 52.58% | 3,403 |
| Other corporations | 33.67% | 33 |
| Securities firms | 9.80% | 24 |
| Foreign institutions | 3.77% | 20 |
| Financial institutions | 0.11% | 2 |
| Foreign individuals | 0.07% | 13 |
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 | 株式会社フォーバル | 635,240 | 12.94% |
| 2 | TIS株式会社 | 278,248 | 5.67% |
| 3 | 伊藤忠エネクス株式会社 | 254,237 | 5.18% |
| 4 | 新井 友行 | 153,700 | 3.13% |
| 5 | 株式会社SBI証券 | 149,500 | 3.04% |
| 6 | IEファスト&エクセレント投資事業有限責任組合 | 140,148 | 2.85% |
| 7 | 株式会社建設技術研究所 | 129,032 | 2.62% |
| 8 | 田所 昇 | 125,600 | 2.55% |
| 9 | 楽天証券株式会社 | 93,100 | 1.89% |
| 10 | JIA1号投資事業有限責任組合 | 84,700 | 1.72% |
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.