CHANGE Holdings,Inc.

3962 TSE Technology Information & Communication
TSE Prime

Shareholding pattern

As reported in the annual securities report, 2026-03-31.

Foreign institutions4.21%
Individuals50.46%
Top 10 holders58.94%
Total shareholders35,735

Who owns the company

Share of voting units
Individuals & others: 50.46%Other corporations: 36.02%Financial institutions: 7.18%Foreign institutions: 4.21%Securities firms: 2.05%Foreign individuals: 0.09%50.5%Individuals & others
Individuals & others 50.46%Other corporations 36.02%Financial institutions 7.18%Foreign institutions 4.21%Securities firms 2.05%Foreign individuals 0.09%

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
0204060FY23FY24FY25FY26FY2023 — Foreign institutions: 14 %FY2024 — Foreign institutions: 6 %FY2025 — Foreign institutions: 6 %FY2026 — Foreign institutions: 4 %FY2023 — Financial institutions: 18 %FY2024 — Financial institutions: 11 %FY2025 — Financial institutions: 11 %FY2026 — Financial institutions: 7 %FY2023 — Individuals: 36 %FY2024 — Individuals: 47 %FY2025 — Individuals: 46 %FY2026 — Individuals: 50 %FY2023 — Other corporations: 31 %FY2024 — Other corporations: 34 %FY2025 — Other corporations: 36 %FY2026 — Other corporations: 36 %FY2023 — Securities firms: 1 %FY2024 — Securities firms: 2 %FY2025 — Securities firms: 2 %FY2026 — Securities firms: 2 %
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 & others50.46%35,140
Other corporations36.02%285
Financial institutions7.18%8
Foreign institutions4.21%145
Securities firms2.05%34
Foreign individuals0.09%123

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 %
1SBIホールディングス株式会社25,813,20037.09%
2日本マスタートラスト信託銀行株式会社(信託口)3,360,5004.82%
3神保 吉寿2,840,0004.08%
4福留 大士2,229,5003.20%
5伊藤 彰1,262,0001.81%
6石原 徹哉1,258,0001.80%
7金田 憲治1,208,0001.73%
8須永 珠代1,195,2921.71%
9株式会社日本カストディ銀行(信託口)981,0001.40%
10高橋 範光908,0001.30%

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.