As reported in the annual securities report, 2025-12-31.
| Foreign institutions | 1.40% |
|---|---|
| Individuals | 79.91% |
| Top 10 holders | 46.23% |
| Total shareholders | 5,875 |
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 | 79.91% | 5,777 |
| Financial institutions | 8.86% | 3 |
| Other corporations | 5.36% | 38 |
| Securities firms | 4.39% | 21 |
| Foreign institutions | 1.40% | 15 |
| Foreign individuals | 0.09% | 21 |
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 | 湯野川 孝彦 | 1,333,534 | 20.76% |
| 2 | 株式会社日本カストディ銀行(信託口) | 475,700 | 7.40% |
| 3 | 柿内 美樹 | 407,118 | 6.34% |
| 4 | 株式会社マイナビ | 215,000 | 3.35% |
| 5 | 株式会社日本カストディ銀行(信託E口) | 114,676 | 1.78% |
| 6 | 株式会社SBI証券 | 100,204 | 1.56% |
| 7 | 竹内 淳子 | 95,596 | 1.49% |
| 8 | 楽天証券株式会社共有口 | 90,700 | 1.41% |
| 9 | 植田 祐丞 | 69,700 | 1.08% |
| 10 | 安田 文直 | 67,900 | 1.06% |
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.