As reported in the annual securities report, 2025-06-30.
| Foreign institutions | 0.19% |
|---|---|
| Individuals | 90.29% |
| Top 10 holders | 41.60% |
| Total shareholders | 5,770 |
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 | 90.29% | 5,701 |
| Financial institutions | 5.70% | 2 |
| Other corporations | 3.52% | 41 |
| Securities firms | 0.24% | 12 |
| Foreign institutions | 0.19% | 7 |
| 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 | 九州応援ファンド第1号組合 | 407,800 | 9.88% |
| 2 | 九州応援ファンド第2号組合 | 350,700 | 8.49% |
| 3 | 日本マスタートラスト信託銀行株式会社(株式付与ESOP信託口・75551口) | 296,020 | 7.17% |
| 4 | トラストホールディングス従業員持株会 | 188,500 | 4.57% |
| 5 | 九州応援ファンド第3号組合 | 120,700 | 2.92% |
| 6 | 山川 修 | 88,936 | 2.15% |
| 7 | 矢羽田 弘 | 85,164 | 2.06% |
| 8 | 藤原 香代子 | 75,800 | 1.84% |
| 9 | 株式会社竹田商会 | 63,000 | 1.53% |
| 10 | 大津 忠芳 | 40,944 | 0.99% |
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.