As reported in the annual securities report, 2026-03-31.
| Foreign institutions | 3.17% |
|---|---|
| Individuals | 71.33% |
| Top 10 holders | 58.58% |
| Total shareholders | 4,668 |
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 | 71.33% | 4,559 |
| Other corporations | 18.78% | 40 |
| Securities firms | 6.62% | 15 |
| Foreign institutions | 3.17% | 19 |
| Foreign individuals | 0.11% | 35 |
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 | 青柳 和洋 | 8,144,000 | 21.96% |
| 2 | 須田 忠雄 | 5,106,000 | 13.76% |
| 3 | Blue Goats Capital株式会社 | 4,087,000 | 11.02% |
| 4 | 株式会社テクノバンク・サンケン | 887,500 | 2.39% |
| 5 | 大和証券株式会社 | 834,100 | 2.24% |
| 6 | 岡三証券株式会社 | 638,300 | 1.72% |
| 7 | MSIP CLIENT SECURITIES | 612,400 | 1.65% |
| 8 | 緒方 正憲 | 493,400 | 1.33% |
| 9 | 西本 誠治 | 467,500 | 1.26% |
| 10 | 株式会社老松醤油松岡本家 | 465,000 | 1.25% |
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.