As reported in the annual securities report, 2025-06-30.
| Foreign institutions | 1.39% |
|---|---|
| Individuals | 58.28% |
| Top 10 holders | 56.90% |
| Total shareholders | 1,762 |
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 | 58.28% | 1,697 |
| Other corporations | 37.58% | 30 |
| Securities firms | 2.70% | 15 |
| Foreign institutions | 1.39% | 11 |
| Foreign individuals | 0.05% | 9 |
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 | 王子マテリア株式会社 | 1,000,000 | 17.81% |
| 2 | すぐるラボ株式会社 | 620,000 | 11.04% |
| 3 | 笹徳印刷グループ従業員持株会 | 331,089 | 5.89% |
| 4 | 国際紙パルプ商事株式会社 | 244,000 | 4.34% |
| 5 | 杉山卓繁 | 186,716 | 3.32% |
| 6 | 平松裕将 | 185,500 | 3.30% |
| 7 | 株式会社GOLDEN BIRD | 180,200 | 3.21% |
| 8 | 杉山昌樹 | 179,142 | 3.19% |
| 9 | 有限会社聡明 | 157,400 | 2.80% |
| 10 | 杉山翔太 | 112,700 | 2.00% |
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.