As reported in the annual securities report, 2025-12-31.
| Foreign institutions | 11.36% |
|---|---|
| Individuals | 72.97% |
| Top 10 holders | 49.57% |
| Total shareholders | 5,436 |
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 | 72.97% | 5,265 |
| Foreign institutions | 11.36% | 23 |
| Securities firms | 8.27% | 17 |
| Other corporations | 7.12% | 115 |
| Financial institutions | 0.22% | 2 |
| Foreign individuals | 0.05% | 14 |
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 | 河瀬 航大 | 2,443,000 | 15.82% |
| 2 | UH Partners 2投資事業有限責任組合 | 1,202,000 | 7.78% |
| 3 | 光通信KK投資事業有限責任組合 | 1,043,000 | 6.75% |
| 4 | BBH(LUX)FOR FIDELITY FUNDS PACIFIC POOL(常任代理人 株式会社三菱UFJ銀行) | 896,000 | 5.80% |
| 5 | MF-GB2号投資事業有限責任組合 | 418,000 | 2.71% |
| 6 | 株式会社SBI証券 | 402,000 | 2.60% |
| 7 | 渡邉 宏明 | 352,000 | 2.28% |
| 8 | 楽天証券株式会社 | 317,000 | 2.05% |
| 9 | BSP第3号投資事業有限責任組合 | 308,000 | 1.99% |
| 10 | 熊谷 悠哉 | 276,000 | 1.79% |
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.