As reported in the annual securities report, 2025-12-31.
| Foreign institutions | 1.18% |
|---|---|
| Individuals | 84.98% |
| Top 10 holders | 63.11% |
| Total shareholders | 4,920 |
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 | 84.98% | 4,821 |
| Other corporations | 11.72% | 52 |
| Foreign individuals | 1.77% | 13 |
| Foreign institutions | 1.18% | 23 |
| Securities firms | 0.29% | 10 |
| Financial institutions | 0.06% | 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.
| S.No. | Shareholder | Shares | Stake % |
|---|---|---|---|
| 1 | 杉 本 光 生 | 6,089,600 | 30.11% |
| 2 | 蓮 本 泰 之 | 2,832,000 | 14.00% |
| 3 | SUGアセット株式会社 | 1,320,000 | 6.53% |
| 4 | 青 山 洋 一 | 579,900 | 2.87% |
| 5 | 神 保 株 式 会 社 | 480,000 | 2.37% |
| 6 | W H I T T E N D A R R E L E U G E N E | 352,500 | 1.74% |
| 7 | 杉 本 久 子 | 314,900 | 1.56% |
| 8 | 角 田 久 美 | 287,500 | 1.42% |
| 9 | 杉 本 明 子 | 255,000 | 1.26% |
| 10 | 株式会社アスピレーション | 252,000 | 1.25% |
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.