BASE,Inc.

4477 TSE Technology Information & Communication
TSE Growth

Shareholding pattern

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

Foreign institutions9.44%
Individuals62.36%
Top 10 holders50.40%
Total shareholders29,742

Who owns the company

Share of voting units
Individuals & others: 62.36%Securities firms: 18.66%Foreign institutions: 9.44%Other corporations: 5.06%Financial institutions: 4.31%Foreign individuals: 0.17%62.4%Individuals & others
Individuals & others 62.36%Securities firms 18.66%Foreign institutions 9.44%Other corporations 5.06%Financial institutions 4.31%Foreign individuals 0.17%

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
020406080FY22FY23FY24FY25FY2022 — Foreign institutions: 16 %FY2023 — Foreign institutions: 19 %FY2024 — Foreign institutions: 18 %FY2025 — Foreign institutions: 9 %FY2022 — Financial institutions: 2 %FY2023 — Financial institutions: 3 %FY2024 — Financial institutions: 6 %FY2025 — Financial institutions: 4 %FY2022 — Individuals: 62 %FY2023 — Individuals: 57 %FY2024 — Individuals: 56 %FY2025 — Individuals: 62 %FY2022 — Other corporations: 10 %FY2023 — Other corporations: 12 %FY2024 — Other corporations: 11 %FY2025 — Other corporations: 5 %FY2022 — Securities firms: 9 %FY2023 — Securities firms: 9 %FY2024 — Securities firms: 8 %FY2025 — Securities firms: 19 %
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 & others62.36%29,278
Securities firms18.66%32
Foreign institutions9.44%87
Other corporations5.06%165
Financial institutions4.31%4
Foreign individuals0.17%176

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鶴岡 裕太18,607,17816.16%
2立花証券株式会社16,583,00014.40%
3牧 寛之7,633,4866.63%
4MORGAN STANLEY SMITH BARNEY LLC CLIENTS FULLY PAID SEG ACCOUNT(常任代理人 シティバンク、エヌ・エイ東京支店)株式会社2,709,0662.35%
5柳澤 安慶2,652,0002.30%
6株式会社日本カストディ銀行(信託口)2,564,9002.22%
7株式会社サイバーエージェント2,255,0001.95%
8上田八木短資株式会社1,798,9001.56%
9THE BANK OF NEY YORK 133612 (常任代理人 株式会社みずほ銀行決済営業部)1,780,1001.54%
10株式会社SBI証券1,495,9171.29%

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.