As reported in the annual securities report, 2025-06-30.
| Foreign institutions | 6.28% |
|---|---|
| Individuals | 54.80% |
| Top 10 holders | 69.01% |
| Total shareholders | 4,914 |
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 | 54.80% | 4,806 |
| Other corporations | 27.50% | 44 |
| Financial institutions | 9.99% | 6 |
| Foreign institutions | 6.28% | 24 |
| Securities firms | 1.40% | 21 |
| Foreign individuals | 0.03% | 13 |
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 | 成瀬 隆章 | 2,207,280 | 23.61% |
| 2 | 株式会社ICS | 750,000 | 8.02% |
| 3 | 株式会社ETH | 750,000 | 8.02% |
| 4 | 株式会社MMZ | 750,000 | 8.02% |
| 5 | 株式会社ゼロ | 521,600 | 5.58% |
| 6 | 株式会社日本カストディ銀行(信託口) | 374,900 | 4.01% |
| 7 | 齊田 勇 | 342,640 | 3.67% |
| 8 | 日本マスタートラスト信託銀行株式会社(信託口) | 288,000 | 3.08% |
| 9 | NOMURA PB NOMINEES LIMITED OMNIBUS-MARGIN (CASHPB)常任代理人野村證券株式会社 | 259,400 | 2.78% |
| 10 | 内藤 征吾 | 207,700 | 2.22% |
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.