As reported in the annual securities report, 2025-12-31.
| Foreign institutions | 6.20% |
|---|---|
| Individuals | 80.17% |
| Top 10 holders | 50.22% |
| Total shareholders | 7,735 |
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 | 80.17% | 7,560 |
| Foreign institutions | 6.20% | 34 |
| Securities firms | 5.86% | 26 |
| Other corporations | 4.83% | 63 |
| Financial institutions | 2.40% | 3 |
| Foreign individuals | 0.53% | 49 |
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 | 庵原 保文 | 2,067,000 | 16.18% |
| 2 | 佐野 将史 | 2,067,000 | 16.18% |
| 3 | 黒田 真澄 | 650,000 | 5.09% |
| 4 | 木下 圭一郎 | 347,000 | 2.72% |
| 5 | 株式会社SBI証券 | 279,000 | 2.19% |
| 6 | 株式会社日本カストディ銀行(信託口) | 273,000 | 2.14% |
| 7 | セントラル短資株式会社 | 260,000 | 2.04% |
| 8 | STATE STREET BANK AND TRUSTCLIENT OMNIBUS ACCOUNT OM02 505002(常任代理人 株式会社みずほ銀行) | 191,000 | 1.50% |
| 9 | 株式会社ばんせい総合研究所 | 152,000 | 1.19% |
| 10 | 野村證券株式会社 | 126,000 | 0.99% |
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.