As reported in the annual securities report, 2026-02-28.
| Foreign institutions | 6.28% |
|---|---|
| Individuals | 57.79% |
| Top 10 holders | 54.43% |
| Total shareholders | 1,936 |
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% | 1,848 |
| Other corporations | 25.32% | 33 |
| Securities firms | 7.39% | 14 |
| Foreign institutions | 6.28% | 18 |
| Foreign individuals | 1.63% | 21 |
| Financial institutions | 1.59% | 2 |
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 | サステナブルエナジー投資事業有限責任組合 | 1,600,000 | 19.10% |
| 2 | 株式会社Blue lagoon | 927,500 | 11.07% |
| 3 | みらい再生支援機構合同会社 | 481,600 | 5.75% |
| 4 | 株式会社光輝ENERGY | 400,000 | 4.77% |
| 5 | 小林 祥浩 | 206,500 | 2.46% |
| 6 | 江川 源 | 201,000 | 2.40% |
| 7 | 辛 源 | 200,000 | 2.39% |
| 8 | 齊藤 和伸 | 198,000 | 2.36% |
| 9 | 楽天証券株式会社 | 185,900 | 2.22% |
| 10 | Maximus合同会社 | 160,000 | 1.91% |
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.