As reported in the annual securities report, 2026-03-31.
| Foreign institutions | 3.52% |
|---|---|
| Individuals | 52.71% |
| Top 10 holders | 54.00% |
| Total shareholders | 8,085 |
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 | 52.71% | 7,912 |
| Other corporations | 41.37% | 60 |
| Foreign institutions | 3.52% | 51 |
| Securities firms | 2.22% | 19 |
| Foreign individuals | 0.13% | 40 |
| Financial institutions | 0.05% | 3 |
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 | 株式会社88 | 12,000,000 | 40.48% |
| 2 | 蜂谷 二郎 | 911,025 | 3.07% |
| 3 | 小泉 和弘 | 600,000 | 2.02% |
| 4 | 山元 孝行 | 498,333 | 1.68% |
| 5 | 吉田 俊雄 | 452,805 | 1.53% |
| 6 | 石丸 洋介 | 373,233 | 1.26% |
| 7 | 高瀬 宏江 | 360,600 | 1.22% |
| 8 | 樋口 匠 | 317,691 | 1.07% |
| 9 | 谷口 華恵 | 251,100 | 0.85% |
| 10 | 大和証券株式会社 | 244,032 | 0.82% |
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.