As reported in the annual securities report, 2025-09-30.
| Foreign institutions | 8.06% |
|---|---|
| Individuals | 78.52% |
| Top 10 holders | 67.65% |
| Total shareholders | 8,265 |
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 | 78.52% | 8,035 |
| Foreign institutions | 8.06% | 61 |
| Financial institutions | 5.59% | 5 |
| Securities firms | 4.70% | 31 |
| Other corporations | 3.05% | 76 |
| Foreign individuals | 0.08% | 57 |
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 | 倉橋健太 | 10,965,000 | 26.75% |
| 2 | 柴山直樹 | 7,066,000 | 17.24% |
| 3 | 田畑正吾 | 3,900,100 | 9.51% |
| 4 | 株式会社日本カストディ銀行 | 1,428,400 | 3.48% |
| 5 | Google International LLC (常任代理人 みずほ証券株式会社) | 1,420,900 | 3.46% |
| 6 | 日本マスタートラスト信託銀行株式会社 | 697,800 | 1.70% |
| 7 | セブンオークスキャピタル株式会社 | 600,000 | 1.46% |
| 8 | 株式会社SBI証券 | 560,625 | 1.36% |
| 9 | THE BANK OF NEW YORK133595. (常任代理人 株式会社みずほ銀行決済営業部) | 560,000 | 1.36% |
| 10 | 楽天証券株式会社 | 548,200 | 1.33% |
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.