As reported in the annual securities report, 2026-01-31.
| Foreign institutions | 2.55% |
|---|---|
| Individuals | 57.79% |
| Top 10 holders | 74.04% |
| Total shareholders | 1,929 |
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 | 57.79% | 1,869 |
| Other corporations | 33.93% | 20 |
| Securities firms | 5.31% | 14 |
| Foreign institutions | 2.55% | 17 |
| Financial institutions | 0.36% | 2 |
| Foreign individuals | 0.05% | 7 |
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 | Ko.International株式会社 | 1,000,000 | 18.73% |
| 2 | 梢 政樹 | 940,000 | 17.61% |
| 3 | TreeTop株式会社 | 800,000 | 14.99% |
| 4 | 古賀 祐介 | 740,000 | 13.86% |
| 5 | アールプランナー従業員持株会 | 153,637 | 2.87% |
| 6 | 野村證券株式会社 | 94,900 | 1.77% |
| 7 | 株式会社SBI証券 | 73,669 | 1.38% |
| 8 | 嶋崎 弘之 | 58,100 | 1.08% |
| 9 | 新海 秀治 | 55,000 | 1.03% |
| 10 | 楽天証券株式会社 | 38,800 | 0.72% |
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.