As reported in the annual securities report, 2026-05-31.
| Foreign institutions | 1.39% |
|---|---|
| Individuals | 65.91% |
| Top 10 holders | 61.68% |
| Total shareholders | 13,912 |
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 | 65.91% | 13,673 |
| Other corporations | 27.96% | 90 |
| Securities firms | 3.21% | 22 |
| Foreign institutions | 1.39% | 25 |
| Foreign individuals | 1.36% | 101 |
| Financial institutions | 0.17% | 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.
| S.No. | Shareholder | Shares | Stake % |
|---|---|---|---|
| 1 | QL有限責任事業組合 | 12,730,000 | 15.54% |
| 2 | QL第2号有限責任事業組合 | 9,600,000 | 11.72% |
| 3 | 株式会社Tiger Japan Investment | 8,300,000 | 10.13% |
| 4 | 合同会社つながる | 6,470,000 | 7.90% |
| 5 | エクスヒューム有限責任事業組合 | 6,400,000 | 7.81% |
| 6 | 合同会社シーディーワン | 2,068,900 | 2.53% |
| 7 | 株式会社Cools’97 | 1,554,700 | 1.90% |
| 8 | 株式会社ライツキューブ | 1,300,000 | 1.59% |
| 9 | 安野 清 | 1,100,000 | 1.34% |
| 10 | 張 明 | 1,000,000 | 1.22% |
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.