As reported in the annual securities report, 2025-09-30.
| Foreign institutions | 1.76% |
|---|---|
| Individuals | 72.70% |
| Top 10 holders | 72.79% |
| Total shareholders | 4,672 |
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 | 72.70% | 4,543 |
| Other corporations | 23.01% | 51 |
| Securities firms | 2.16% | 26 |
| Foreign institutions | 1.76% | 23 |
| Financial institutions | 0.30% | 3 |
| Foreign individuals | 0.08% | 26 |
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 | 大塚 英樹 | 2,581,700 | 22.48% |
| 2 | 株式会社Print | 2,510,000 | 21.86% |
| 3 | 久田 哲史 | 2,196,300 | 19.13% |
| 4 | 渡邉 昌司 | 621,300 | 5.41% |
| 5 | 西田 正孝 | 104,800 | 0.91% |
| 6 | 本多 航 | 94,800 | 0.82% |
| 7 | 池田 卯之介 | 82,200 | 0.71% |
| 8 | UBS AG LONDON ASIA EQUITIES(常任代理人:シティバンク、エヌ・エイ東京支店) | 61,300 | 0.53% |
| 9 | 株式会社バルーン | 55,000 | 0.47% |
| 10 | 田口 政実 | 54,200 | 0.47% |
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.