As reported in the annual securities report, 2025-12-31.
| Foreign institutions | 8.05% |
|---|---|
| Individuals | 68.30% |
| Top 10 holders | 42.59% |
| Total shareholders | 12,825 |
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 | 68.30% | 12,607 |
| Other corporations | 18.03% | 96 |
| Foreign institutions | 8.05% | 60 |
| Securities firms | 4.38% | 23 |
| Financial institutions | 1.20% | 3 |
| Foreign individuals | 0.05% | 36 |
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 | 望月 雅博 | 2,204,800 | 11.83% |
| 2 | 合同会社エムアンドエム | 1,638,000 | 8.79% |
| 3 | 宮内 誠 | 1,147,900 | 6.16% |
| 4 | シルク・キャピタル株式会社 | 1,001,620 | 5.37% |
| 5 | 望月 文恵 | 457,200 | 2.45% |
| 6 | 熊岡 秀史 | 400,000 | 2.15% |
| 7 | 楽天証券株式会社 | 309,900 | 1.66% |
| 8 | 江﨑 憲太郎 | 294,200 | 1.58% |
| 9 | 外川 太郎 | 255,200 | 1.37% |
| 10 | 大塚 満 | 230,000 | 1.23% |
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.