As reported in the annual securities report, 2025-12-31.
| Foreign institutions | 1.99% |
|---|---|
| Individuals | 54.97% |
| Top 10 holders | 76.97% |
| Total shareholders | 2,575 |
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 | 54.97% | 2,510 |
| Other corporations | 39.84% | 20 |
| Securities firms | 3.11% | 20 |
| Foreign institutions | 1.99% | 16 |
| Financial institutions | 0.05% | 1 |
| Foreign individuals | 0.04% | 8 |
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 | 重松 大輔 | 2,950,500 | 24.38% |
| 2 | 株式会社ティーケーピー | 2,551,300 | 21.08% |
| 3 | 株式会社ダブルパインズ | 1,669,400 | 13.79% |
| 4 | CA Startups Internet Fund2号投資事業有限責任組合 | 693,900 | 5.73% |
| 5 | 鈴木 真一郎 | 531,600 | 4.39% |
| 6 | 株式会社マイナビ | 335,700 | 2.77% |
| 7 | 東京建物株式会社 | 171,000 | 1.41% |
| 8 | XTech1号投資事業有限責任組合 | 171,000 | 1.41% |
| 9 | 佐々木 正将 | 123,000 | 1.02% |
| 10 | 楽天証券株式会社 | 119,700 | 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.