As reported in the annual securities report, 2025-09-30.
| Foreign institutions | 11.46% |
|---|---|
| Individuals | 31.26% |
| Top 10 holders | 76.16% |
| Total shareholders | 1,484 |
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 |
|---|---|---|
| Other corporations | 34.07% | 22 |
| Individuals & others | 31.26% | 1,360 |
| Financial institutions | 18.24% | 8 |
| Foreign institutions | 11.46% | 69 |
| Securities firms | 4.97% | 22 |
| Foreign individuals | 0.02% | 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 | 株式会社パノラマ | 2,080,000 | 33.90% |
| 2 | 菅田洋司 | 864,000 | 14.08% |
| 3 | 株式会社日本カストディ銀行(信託口) | 546,000 | 8.90% |
| 4 | 日本マスタートラスト信託銀行株式会社(信託口) | 350,000 | 5.71% |
| 5 | GOLDMAN SACHS INTERNATIONAL(常任代理人 ゴールドマン・サックス証券株式会社) | 189,000 | 3.08% |
| 6 | 野村證券株式会社 | 160,000 | 2.61% |
| 7 | 鈴木雄也 | 150,000 | 2.44% |
| 8 | 野村信託銀行株式会社(投信口) | 148,000 | 2.42% |
| 9 | 櫛田邦男 | 111,000 | 1.82% |
| 10 | 株式会社SBI証券 | 73,000 | 1.20% |
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.