As reported in the annual securities report, 2025-09-30.
| Foreign institutions | 3.95% |
|---|---|
| Individuals | 34.75% |
| Top 10 holders | 68.72% |
| Total shareholders | 7,998 |
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 |
|---|---|---|
| Other corporations | 51.54% | 71 |
| Individuals & others | 34.75% | 7,819 |
| Securities firms | 5.25% | 25 |
| Financial institutions | 4.18% | 5 |
| Foreign institutions | 3.95% | 28 |
| Foreign individuals | 0.33% | 50 |
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 | 株式会社サイバーエージェント | 6,485,000 | 50.87% |
| 2 | 中山 亮太郎 | 444,000 | 3.49% |
| 3 | 楽天証券株式会社 | 301,000 | 2.36% |
| 4 | 日本マスタートラスト信託銀行株式会社 | 272,000 | 2.14% |
| 5 | 木内 文昭 | 256,000 | 2.01% |
| 6 | 長谷川 佳奈 | 236,000 | 1.86% |
| 7 | 株式会社日本カストディ銀行 | 229,000 | 1.80% |
| 8 | KSK ANGEL FUND, LLC(常任代理人 大和証券株式会社) | 228,000 | 1.79% |
| 9 | 平田 智秋 | 180,000 | 1.41% |
| 10 | JPモルガン証券株式会社 | 125,000 | 0.99% |
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.