As reported in the annual securities report, 2025-09-30.
| Foreign institutions | 13.65% |
|---|---|
| Individuals | 67.54% |
| Top 10 holders | 48.38% |
| Total shareholders | 10,443 |
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 | 67.54% | 10,229 |
| Foreign institutions | 13.65% | 58 |
| Other corporations | 10.99% | 96 |
| Securities firms | 3.88% | 22 |
| Financial institutions | 3.85% | 3 |
| Foreign individuals | 0.09% | 35 |
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 | 吉田 浩一郎 | 3,738,840 | 23.67% |
| 2 | 株式会社サイバーエージェント | 1,514,100 | 9.59% |
| 3 | 株式会社日本カストディ銀行(信託口) | 466,300 | 2.95% |
| 4 | THE BANK OF NEW YORK 133652(常任代理人 株式会社みずほ銀行決済営業部) | 397,700 | 2.52% |
| 5 | 楽天証券株式会社 | 346,100 | 2.19% |
| 6 | 野村 真一 | 322,200 | 2.04% |
| 7 | BBH LUX/BROWN BROTHERS HARRIMAN (LUXEMBOURG) SCA CUSTODIAN FOR SMD-AM FUNDS - DSBI JAPAN EQUITY SMALL CAP ABSOLUTE VALUE(常任代理人 株式会社三井住友銀行) | 250,000 | 1.58% |
| 8 | BNY GCM CLIENT ACCOUNT JPRD AC ISG (FE-AC)(常任代理人 株式会社三菱UFJ銀行) | 226,456 | 1.43% |
| 9 | 松崎 良太 | 200,000 | 1.27% |
| 10 | THE BANK OF NEW YORK MELLON 140051(常任代理人 株式会社みずほ銀行決済営業部) | 180,200 | 1.14% |
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.