As reported in the annual securities report, 2025-12-31.
| Foreign institutions | 9.87% |
|---|---|
| Individuals | 53.34% |
| Top 10 holders | 62.00% |
| Total shareholders | 16,564 |
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 | 53.34% | 16,162 |
| Other corporations | 19.44% | 123 |
| Financial institutions | 14.17% | 14 |
| Foreign institutions | 9.87% | 185 |
| Securities firms | 3.14% | 39 |
| Foreign individuals | 0.04% | 41 |
| Government | 0.00% | — |
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 | 畑 慎也 | 8,159,600 | 17.64% |
| 2 | Cbzサポーターズ株式会社 | 8,106,300 | 17.52% |
| 3 | 日本マスタートラスト信託銀行株式会社(信託口) | 3,231,000 | 6.98% |
| 4 | サイボウズ従業員持株会 | 2,356,868 | 5.09% |
| 5 | 山田 理 | 1,913,100 | 4.13% |
| 6 | 株式会社リコー | 1,740,100 | 3.76% |
| 7 | 中野 博久 | 1,030,000 | 2.22% |
| 8 | 西端 慶久(青野 慶久) | 869,727 | 1.88% |
| 9 | 株式会社日本カストディ銀行(信託口) | 831,800 | 1.79% |
| 10 | 株式会社SBI証券 | 461,690 | 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.