System D Inc.
TSE Standard
Shareholding pattern
As reported in the annual securities report, 2025-10-31.
| Foreign institutions | 42.03% |
|---|---|
| Individuals | 33.98% |
| Top 10 holders | 70.75% |
| Total shareholders | 1,304 |
Who owns the company
Share of voting unitsForeign institutions 42.03%Individuals & others 33.98%Other corporations 18.25%Financial institutions 4.89%Securities firms 0.85%
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 |
|---|---|---|
| Foreign institutions | 42.03% | 17 |
| Individuals & others | 33.98% | 1,256 |
| Other corporations | 18.25% | 11 |
| Financial institutions | 4.89% | 4 |
| Securities firms | 0.85% | 14 |
| Foreign individuals | 0.00% | 2 |
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 | USBK NA JP I＆W TS(常任代理人 株式会社三菱ＵＦＪ銀行) | 1,189,600 | 18.54% |
| 2 | 株式会社トライ | 900,000 | 14.03% |
| 3 | LICHFIELD LPDIRECTOR WOLF JOHANN(常任代理人 株式会社三菱ＵＦＪ銀行) | 395,300 | 6.16% |
| 4 | INTERACTIVE BROKERS LLC(常任代理人 インタラクティブ・ブローカーズ証券株式会社) | 384,000 | 5.98% |
| 5 | THE HONGKONG AND SHANGHAI BANKING CORPORATION LTD -SINGAPORE BRANCH PRIVATE BANKING DIVISION CLIENT A/C 8221-563114(常任代理人 香港上海銀行東京支店) | 366,900 | 5.72% |
| 6 | TAKUMI CAPITAL MANAGEMENT MASTER FUND LP(常任代理人 香港上海銀行東京支店) | 317,800 | 4.95% |
| 7 | 堂山 達子 | 305,825 | 4.76% |
| 8 | 京セラコミュニケーションシステム株式会社 | 250,600 | 3.90% |
| 9 | 堂山 遼 | 217,609 | 3.39% |
| 10 | システムディ従業員持株会 | 213,556 | 3.32% |
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.