As reported in the annual securities report, 2026-02-28.
| Foreign institutions | 8.96% |
|---|---|
| Individuals | 84.48% |
| Top 10 holders | 62.73% |
| Total shareholders | 4,050 |
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 | 84.48% | 3,955 |
| Foreign institutions | 8.96% | 21 |
| Securities firms | 5.00% | 15 |
| Other corporations | 1.32% | 38 |
| Foreign individuals | 0.14% | 20 |
| Financial institutions | 0.08% | 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 | 端羽英子 | 4,444,600 | 47.51% |
| 2 | A-Fund II,L.P.(国内連絡先 シティユーワ法律事務所 弁護士 渋谷治香) | 558,700 | 5.97% |
| 3 | 楽天証券株式会社 | 218,000 | 2.33% |
| 4 | 株式会社SBI証券 | 152,334 | 1.62% |
| 5 | CAStartupsInternetFund2号投資事業有限責任組合 | 122,600 | 1.31% |
| 6 | 瓜生英敏 | 89,650 | 0.95% |
| 7 | 安岡徹 | 75,000 | 0.80% |
| 8 | IXGS Investment Ⅳ,L.P.(常任代理人 株式会社イントリム) | 75,000 | 0.80% |
| 9 | 岡島裕樹 | 71,100 | 0.76% |
| 10 | 西村裕二 | 64,300 | 0.68% |
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.