As reported in the annual securities report, 2025-10-31.
| Foreign institutions | 15.80% |
|---|---|
| Individuals | 72.24% |
| Top 10 holders | 70.16% |
| Total shareholders | 4,949 |
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 | 72.24% | 4,832 |
| Foreign institutions | 15.80% | 33 |
| Financial institutions | 7.19% | 5 |
| Securities firms | 2.34% | 25 |
| Other corporations | 2.30% | 31 |
| Foreign individuals | 0.13% | 23 |
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 | 明田 篤 | 4,609,600 | 45.63% |
| 2 | 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) | 785,900 | 7.78% |
| 3 | 株式会社日本カストディ銀行(信託口) | 637,900 | 6.31% |
| 4 | BNYM AS AGT/CLTS NON TREATY JASDEC(常任代理人 株式会社三菱UFJ銀行) | 336,181 | 3.32% |
| 5 | 有限会社石雄 | 175,900 | 1.74% |
| 6 | THE BANK OF NEW YORK MELLON 140042(常任代理人 株式会社みずほ銀行決済営業部) | 160,200 | 1.58% |
| 7 | 木下 圭一郎 | 133,000 | 1.31% |
| 8 | 株式会社SBI証券 | 88,039 | 0.87% |
| 9 | 坂倉 翼 | 85,600 | 0.84% |
| 10 | 楽天証券株式会社共有口 | 78,800 | 0.78% |
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.