As reported in the annual securities report, 2026-02-28.
| Foreign institutions | 10.69% |
|---|---|
| Individuals | 70.09% |
| Top 10 holders | 36.60% |
| Total shareholders | 4,353 |
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 | 70.09% | 4,230 |
| Securities firms | 11.06% | 25 |
| Foreign institutions | 10.69% | 44 |
| Other corporations | 7.23% | 39 |
| Financial institutions | 0.89% | 2 |
| 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 | 田中 裕輔 | 1,016,960 | 9.82% |
| 2 | BBH CO FOR ARCUS JAPAN VALUE FUND(常任代理人 株式会社三菱UFJ銀行) | 499,700 | 4.82% |
| 3 | 上田八木短資株式会社 | 472,700 | 4.56% |
| 4 | 吉岡 裕之 | 451,000 | 4.35% |
| 5 | 時津 昭彦 | 430,700 | 4.16% |
| 6 | 楽天証券株式会社共有口 | 300,400 | 2.90% |
| 7 | 株式会社SHINDO | 210,800 | 2.03% |
| 8 | STATE STREET BANK AND TRUST COMPANY 505044(常任代理人 株式会社みずほ銀行決済営業部) | 165,500 | 1.60% |
| 9 | MSIP CLIENT SECURITIES(常任代理人 モルガン・スタンレーMUFG証券株式会社) | 128,026 | 1.24% |
| 10 | 大和証券株式会社 | 115,700 | 1.12% |
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.