As reported in the annual securities report, 2025-09-30.
| Foreign institutions | 0.51% |
|---|---|
| Individuals | 84.24% |
| Top 10 holders | 55.44% |
| Total shareholders | 5,803 |
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 | 84.24% | 5,697 |
| Other corporations | 10.89% | 47 |
| Securities firms | 4.10% | 25 |
| Foreign institutions | 0.51% | 17 |
| Financial institutions | 0.20% | 2 |
| Foreign individuals | 0.06% | 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 | 武川 義浩 | 1,860,100 | 24.54% |
| 2 | 日下 理 | 562,800 | 7.42% |
| 3 | 渡辺 照男 | 456,400 | 6.02% |
| 4 | 合同会社尚創 | 381,700 | 5.03% |
| 5 | 遠藤 玲 | 276,100 | 3.64% |
| 6 | 合同会社RINGO | 190,900 | 2.51% |
| 7 | 合同会社TY&D | 190,900 | 2.51% |
| 8 | 楽天証券株式会社 | 112,101 | 1.47% |
| 9 | 株式会社SBI証券 | 106,800 | 1.40% |
| 10 | ティアンドエスグループ従業員持株会 | 68,700 | 0.90% |
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.