As reported in the annual securities report, 2026-03-31.
| Foreign institutions | 14.32% |
|---|---|
| Individuals | 62.18% |
| Top 10 holders | 41.46% |
| Total shareholders | 10,958 |
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 | 62.18% | 10,751 |
| Financial institutions | 15.44% | 13 |
| Foreign institutions | 14.32% | 71 |
| Securities firms | 5.16% | 27 |
| Other corporations | 2.79% | 59 |
| Foreign individuals | 0.10% | 37 |
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 | 山田敏行 | 1,585,100 | 9.55% |
| 2 | 日本マスタートラスト信託銀行株式会社(信託口) | 1,211,400 | 7.30% |
| 3 | システムリサーチ従業員持株会 | 880,628 | 5.30% |
| 4 | STATE STREET BANK AND TRUST CLIENT OMNIBUS ACCOUNT OM02 505002(常任代理人 株式会社みずほ銀行決済営業部) | 637,200 | 3.84% |
| 5 | SMBC日興証券株式会社 | 603,900 | 3.64% |
| 6 | 伊藤範久 | 576,700 | 3.47% |
| 7 | 株式会社日本カストディ銀行(信託口) | 481,200 | 2.90% |
| 8 | 大澤日出巳 | 358,000 | 2.15% |
| 9 | DBS BANK LTD FOR PARKWAY CAPITAL FUND 700333 (常任代理人 株式会社みずほ銀行決済営業部) | 284,500 | 1.71% |
| 10 | 伊藤まち子 | 266,000 | 1.60% |
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.