As reported in the annual securities report, 2025-12-31.
| Foreign institutions | 3.10% |
|---|---|
| Individuals | 63.69% |
| Top 10 holders | 66.48% |
| Total shareholders | 1,253 |
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 | 63.69% | 1,185 |
| Other corporations | 28.68% | 26 |
| Securities firms | 3.98% | 17 |
| Foreign institutions | 3.10% | 16 |
| Foreign individuals | 0.30% | 8 |
| Financial institutions | 0.24% | 1 |
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 | 桃井純 | 467,300 | 31.63% |
| 2 | JHDアセットマネジメント株式会社 | 400,000 | 27.07% |
| 3 | 若杉精三郎 | 34,100 | 2.31% |
| 4 | JPモルガン証券株式会社 | 14,900 | 1.01% |
| 5 | INTERACTIVE BROKERS LLC(常任代理人 インタラクティブ・ブローカーズ証券株式会社) | 12,300 | 0.83% |
| 6 | 天野豊章 | 12,000 | 0.81% |
| 7 | NTT西日本株式会社 | 11,700 | 0.79% |
| 8 | 株式会社SBI証券 | 10,876 | 0.74% |
| 9 | 岩崎友樹 | 10,000 | 0.68% |
| 10 | 三菱UFJeスマート証券株式会社 | 9,000 | 0.61% |
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.