As reported in the annual securities report, 2025-09-30.
| Foreign institutions | 2.01% |
|---|---|
| Individuals | 35.19% |
| Top 10 holders | 68.33% |
| Total shareholders | 8,884 |
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 |
|---|---|---|
| Other corporations | 35.90% | 38 |
| Individuals & others | 35.19% | 8,745 |
| Financial institutions | 23.33% | 3 |
| Securities firms | 3.36% | 21 |
| Foreign institutions | 2.01% | 19 |
| Foreign individuals | 0.21% | 58 |
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 | 株式会社gatz | 4,009,000 | 35.05% |
| 2 | 佐川隼人 | 2,631,680 | 23.01% |
| 3 | 株式会社日本カストディ銀行(信託口) | 738,400 | 6.46% |
| 4 | JPモルガン証券株式会社 | 97,500 | 0.85% |
| 5 | 株式会社ファインドスター | 73,600 | 0.64% |
| 6 | 楽天証券株式会社 | 63,100 | 0.55% |
| 7 | NOMURA INTERNATIONAL PLC A/C JAPAN FLOW(常任代理人 野村證券株式会社) | 52,200 | 0.46% |
| 8 | JP JPMSE LUX RE UBS AG LONDON BRANCH EQ CO(常任代理人 株式会社三菱UFJ銀行) | 52,000 | 0.45% |
| 9 | モルガン・スタンレーMUFG証券株式会社 | 50,100 | 0.44% |
| 10 | テモナ従業員持株会 | 47,579 | 0.42% |
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.