ADR120S,Inc.
TSE Standard
Shareholding pattern
As reported in the annual securities report, 2026-03-31.
| Foreign institutions | 0.09% |
|---|---|
| Individuals | 43.98% |
| Top 10 holders | 75.51% |
| Total shareholders | 8,224 |
Who owns the company
Share of voting unitsIndividuals & others 43.98%Other corporations 34.54%Securities firms 14.58%Financial institutions 6.68%Foreign individuals 0.12%Foreign institutions 0.09%
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.
Ownership Trend
Holding %, recent yearsForeign institutionsFinancial institutionsIndividualsOther corporationsSecurities firms
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.
Ownership detail
| Investor category | Holding % | Shareholders |
|---|---|---|
| Individuals & others | 43.98% | 8,120 |
| Other corporations | 34.54% | 52 |
| Securities firms | 14.58% | 13 |
| Financial institutions | 6.68% | 1 |
| Foreign individuals | 0.12% | 29 |
| Foreign institutions | 0.09% | 8 |
| Government | 0.00% | 1 |
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.
Largest shareholders
| S.No. | Shareholder | Shares | Stake % |
|---|---|---|---|
| 1 | 株式会社ＨＧキャピタル | 1,153,814 | 12.92% |
| 2 | 株式会社ＳＢＩ証券 | 1,073,834 | 12.03% |
| 3 | 橋本 征道 | 1,058,295 | 11.85% |
| 4 | FTLキャピタルマネジメント株式会社 | 986,406 | 11.05% |
| 5 | 株式会社東京ウエルズ | 823,170 | 9.22% |
| 6 | 日本証券金融株式会社 | 594,000 | 6.65% |
| 7 | 堀江 聡寧 | 460,841 | 5.16% |
| 8 | 窪田 芳郎 | 376,236 | 4.21% |
| 9 | 杉山 力一 | 113,810 | 1.27% |
| 10 | 窪田 恵介 | 102,400 | 1.15% |
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.