As reported in the annual securities report, 2025-12-31.
| Foreign institutions | 7.00% |
|---|---|
| Individuals | 60.49% |
| Top 10 holders | 56.68% |
| Total shareholders | 2,626 |
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 | 60.49% | 2,541 |
| Other corporations | 26.13% | 24 |
| Foreign institutions | 7.00% | 24 |
| Financial institutions | 4.42% | 4 |
| Securities firms | 1.86% | 17 |
| Foreign individuals | 0.09% | 16 |
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 | エス・アセットマネジメント株式会社 | 2,000,000 | 25.12% |
| 2 | 須田 騎一朗 | 1,277,000 | 16.05% |
| 3 | 株式会社日本カストディ銀行(信託口) | 302,000 | 3.80% |
| 4 | 岡 美恵子 | 187,000 | 2.36% |
| 5 | ユナイトアンドグロウ従業員持株会 | 158,000 | 1.98% |
| 6 | 槇田 重夫 | 130,000 | 1.64% |
| 7 | 須田 愛子 | 120,000 | 1.51% |
| 8 | MSIP CLIENT SECURITIES (常任代理人 モルガン・スタンレーMUFG証券株式会社) | 118,000 | 1.49% |
| 9 | 渡部 裕之 | 110,000 | 1.38% |
| 10 | BANQUE PICTET AND CIE SA RP ACTIONSMARCHES DEVELOPPES SMALL AND MIDCAP(常任代理人 株式会社三菱UFJ銀行) | 107,000 | 1.35% |
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.