As reported in the annual securities report, 2026-01-31.
| Foreign institutions | 2.34% |
|---|---|
| Individuals | 37.95% |
| Top 10 holders | 82.48% |
| Total shareholders | 1,525 |
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 |
|---|---|---|
| Other corporations | 52.43% | 28 |
| Individuals & others | 37.95% | 1,428 |
| Securities firms | 6.66% | 19 |
| Foreign institutions | 2.34% | 29 |
| Financial institutions | 0.44% | 2 |
| Foreign individuals | 0.18% | 19 |
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 | 株式会社South air | 2,780,200 | 50.52% |
| 2 | 中島 瑞木 | 400,000 | 7.27% |
| 3 | 中島 杏奈 | 400,000 | 7.27% |
| 4 | 佐々木 大地 | 397,800 | 7.23% |
| 5 | 株式会社SBI証券 | 257,527 | 4.68% |
| 6 | 永井 詳二 | 77,700 | 1.41% |
| 7 | 楽天証券株式会社 | 75,900 | 1.38% |
| 8 | 上田八木短資株式会社 | 64,600 | 1.17% |
| 9 | 田中 正勝 | 45,000 | 0.82% |
| 10 | 栗栖 多佳子 | 40,000 | 0.73% |
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.