As reported in the annual securities report, 2025-12-31.
| Foreign institutions | 4.80% |
|---|---|
| Individuals | 21.42% |
| Top 10 holders | 78.79% |
| Total shareholders | 2,773 |
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.
| Investor category | Holding % | Shareholders |
|---|---|---|
| Other corporations | 65.64% | 45 |
| Individuals & others | 21.42% | 2,677 |
| Securities firms | 7.02% | 20 |
| Foreign institutions | 4.80% | 13 |
| Foreign individuals | 0.79% | 16 |
| Financial institutions | 0.32% | 2 |
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 | GMOインターネットグループ株式会社 | 3,596,400 | 65.04% |
| 2 | 株式会社SBI証券 | 231,261 | 4.18% |
| 3 | 江川 巌 | 129,300 | 2.34% |
| 4 | 山名 正人 | 93,240 | 1.69% |
| 5 | MSIP CLIENT SECURITIES (常任代理人 モルガン・スタンレーMUFG証券株式会社) | 63,100 | 1.14% |
| 6 | BNY GCM CLIENT ACCOUNT JPRD AC ISG(FE-AC) (常任代理人 株式会社三菱UFJ銀行) | 61,500 | 1.11% |
| 7 | 野村證券株式会社 | 59,000 | 1.07% |
| 8 | GOLDMAN SACHS INTERNATIONAL (常任代理人 ゴールドマン・サックス証券株式会社) | 55,100 | 1.00% |
| 9 | 石川 幸司 | 37,800 | 0.68% |
| 10 | 土井 将司 | 30,000 | 0.54% |
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.