As reported in the annual securities report, 2025-11-30.
| Individuals | 98.71% |
|---|---|
| Top 10 holders | 100.00% |
| Total shareholders | 5 |
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.
| Investor category | Holding % | Shareholders |
|---|---|---|
| Individuals & others | 98.71% | 4 |
| Other corporations | 1.29% | 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 | 鹿島 紘樹 | 592,500 | 62.67% |
| 2 | サファイア第一号投資事業有限責任組合 無限責任組合員 サファイア・キャピタル株式会社 | 265,487 | 28.08% |
| 3 | Social Entrepreneur3投資事業有限責任組合 無限責任組合員 PE&HR株式会社 | 75,000 | 7.93% |
| 4 | 株式会社ベルパーク | 12,500 | 1.32% |
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.