VALUE GOLF Inc.

3931 TSE Technology Information & Communication
TSE Growth

Shareholding pattern

As reported in the annual securities report, 2026-01-31.

Foreign institutions0.37%
Individuals80.53%
Top 10 holders72.46%
Total shareholders1,525

Who owns the company

Share of voting units
Individuals & others: 80.53%Other corporations: 17.82%Securities firms: 1.25%Foreign institutions: 0.37%Foreign individuals: 0.03%Financial institutions: 0.01%80.5%Individuals & others
Individuals & others 80.53%Other corporations 17.82%Securities firms 1.25%Foreign institutions 0.37%Foreign individuals 0.03%Financial institutions 0.01%

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 years
020406080100FY23FY24FY25FY26FY2023 — Foreign institutions: 1 %FY2024 — Foreign institutions: 1 %FY2025 — Foreign institutions: 1 %FY2026 — Foreign institutions: 0 %FY2023 — Financial institutions: 0 %FY2024 — Financial institutions: 0 %FY2025 — Financial institutions: 0 %FY2026 — Financial institutions: 0 %FY2023 — Individuals: 71 %FY2024 — Individuals: 76 %FY2025 — Individuals: 77 %FY2026 — Individuals: 81 %FY2023 — Other corporations: 25 %FY2024 — Other corporations: 22 %FY2025 — Other corporations: 21 %FY2026 — Other corporations: 18 %FY2023 — Securities firms: 3 %FY2024 — Securities firms: 1 %FY2025 — Securities firms: 1 %FY2026 — Securities firms: 1 %
Foreign 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 categoryHolding %Shareholders
Individuals & others80.53%1,481
Other corporations17.82%16
Securities firms1.25%15
Foreign institutions0.37%9
Foreign individuals0.03%3
Financial institutions0.01%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.

Largest shareholders

S.No.ShareholderSharesStake %
1水口 通夫663,70036.73%
2㈱ゼネラルアサヒ213,00011.79%
3渡辺 薫83,7004.63%
4㈱MMパートナー80,5004.46%
5佐藤 久美子62,3003.45%
6渡辺 和昭53,7002.97%
7伊藤 僚祐47,7002.64%
8吉田 一彦41,5002.30%
9山上 陽平38,1002.11%
10㈱北斗社25,0001.38%

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.

Educational data only. Not a recommendation to buy, sell or hold any security.