As reported in the annual securities report, 2025-12-31.
| Foreign institutions | 12.13% |
|---|---|
| Individuals | 22.70% |
| Top 10 holders | 72.80% |
| Total shareholders | 4,610 |
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 | 56.45% | 36 |
| Individuals & others | 22.70% | 4,419 |
| Foreign institutions | 12.13% | 95 |
| Financial institutions | 6.79% | 9 |
| Securities firms | 1.68% | 24 |
| Foreign individuals | 0.25% | 27 |
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 | GMOインターネットグループ株式会社 | 5,966,900 | 51.97% |
| 2 | 日本マスタートラスト信託銀行株式会社(信託口) | 690,300 | 6.01% |
| 3 | 株式会社あおやま | 590,000 | 5.14% |
| 4 | BBH(LUX) FOR FIDELITY FUNDS PACIFIC FUND | 465,400 | 4.05% |
| 5 | 青山 満 | 199,205 | 1.73% |
| 6 | CACEIS BANK,LUXEMBOURG BRANCH/ UCITS CLIENTS ASSETS | 146,000 | 1.27% |
| 7 | CLEARSTREAM BANKING S.A. | 100,600 | 0.88% |
| 8 | JP MORGAN CHASE BANK 385781 | 76,042 | 0.66% |
| 9 | 株式会社カストディ銀行(信託口) | 65,300 | 0.57% |
| 10 | THE BANK OF NEW YORK 133595 | 60,000 | 0.52% |
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.