As reported in the annual securities report, 2025-12-31.
| Foreign institutions | 3.78% |
|---|---|
| Individuals | 89.39% |
| Top 10 holders | 62.49% |
| Total shareholders | 2,224 |
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 | 89.39% | 2,134 |
| Foreign institutions | 3.78% | 22 |
| Securities firms | 2.88% | 17 |
| Financial institutions | 1.96% | 2 |
| Other corporations | 1.80% | 34 |
| Foreign individuals | 0.18% | 15 |
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 | 小倉 博文 | 1,912,700 | 44.64% |
| 2 | 日向 宏 | 220,000 | 5.13% |
| 3 | 横田 佳和 | 150,600 | 3.51% |
| 4 | 株式会社日本カストディ銀行(信託口) | 81,900 | 1.91% |
| 5 | 石川 浩一 | 74,200 | 1.73% |
| 6 | 齋藤 将平 | 61,300 | 1.43% |
| 7 | 江本 晋 | 50,000 | 1.16% |
| 8 | BBH LUX/BROWN BROTHERS HARRIMAN (LUXEMBOURG) SCA CUSTODIAN FOR SMD-AM FUNDS - DSBI JAPAN EQUITY SMALL CAP ABSOLUTE VALUE(常任代理人 株式会社三井住友銀行) | 48,300 | 1.12% |
| 9 | 株式会社SBI証券 | 44,900 | 1.04% |
| 10 | アクシス従業員持株会 | 35,200 | 0.82% |
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.