Welby Inc.

4438 TSE Technology Information & Communication
TSE Growth

Shareholding pattern

As reported in the annual securities report, 2025-12-31.

Foreign institutions1.18%
Individuals50.83%
Top 10 holders77.88%
Total shareholders2,040

Who owns the company

Share of voting units
Individuals & others: 50.83%Other corporations: 41.62%Securities firms: 3.2%Foreign individuals: 3.05%Foreign institutions: 1.18%Financial institutions: 0.11%50.8%Individuals & others
Individuals & others 50.83%Other corporations 41.62%Securities firms 3.2%Foreign individuals 3.05%Foreign institutions 1.18%Financial institutions 0.11%

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.

Ownership Trend

Holding %, recent years
0204060FY22FY23FY24FY25FY2022 — Foreign institutions: 0 %FY2023 — Foreign institutions: 1 %FY2024 — Foreign institutions: 1 %FY2025 — Foreign institutions: 1 %FY2022 — Financial institutions: 1 %FY2023 — Financial institutions: 0 %FY2024 — Financial institutions: 0 %FY2025 — Financial institutions: 0 %FY2022 — Individuals: 54 %FY2023 — Individuals: 54 %FY2024 — Individuals: 52 %FY2025 — Individuals: 51 %FY2022 — Other corporations: 39 %FY2023 — Other corporations: 39 %FY2024 — Other corporations: 42 %FY2025 — Other corporations: 42 %FY2022 — Securities firms: 3 %FY2023 — Securities firms: 3 %FY2024 — Securities firms: 2 %FY2025 — Securities firms: 3 %
Foreign institutionsFinancial institutionsIndividualsOther corporationsSecurities firms

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.

Ownership detail

Investor categoryHolding %Shareholders
Individuals & others50.83%1,975
Other corporations41.62%18
Securities firms3.20%16
Foreign individuals3.05%19
Foreign institutions1.18%11
Financial institutions0.11%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.

Largest shareholders

S.No.ShareholderSharesStake %
1比木 武2,840,00034.32%
2株式会社スズケン1,657,00020.03%
3株式会社ブライトリンクパートナーズ449,0005.43%
4中部電力株式会社434,0005.25%
5日本郵政キャピタル株式会社354,0004.29%
6姜 琪鎬242,0002.93%
7株式会社デジタルガレージ180,0002.18%
8株式会社ワン120,0001.46%
9株式会社キョーエン86,0001.05%
10サンエイトOK組合77,0000.94%

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.

Educational data only. Not a recommendation to buy, sell or hold any security.