As reported in the annual securities report, 2026-03-31.
| Foreign institutions | 3.73% |
|---|---|
| Individuals | 48.27% |
| Top 10 holders | 64.83% |
| Total shareholders | 8,358 |
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 | 48.27% | 8,110 |
| Other corporations | 39.45% | 108 |
| Financial institutions | 7.15% | 10 |
| Foreign institutions | 3.73% | 77 |
| Securities firms | 1.36% | 29 |
| Foreign individuals | 0.04% | 24 |
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 | 株式会社日本マネジメント・アドバイザリー・カンパニー | 7,043,200 | 36.67% |
| 2 | 光通信KK投資事業有限責任組合 | 1,249,500 | 6.50% |
| 3 | 日本マスタートラスト信託銀行株式会社(信託口) | 1,073,600 | 5.59% |
| 4 | UHPartners2投資事業有限責任組合 | 975,300 | 5.07% |
| 5 | 宮崎 信次 | 463,300 | 2.41% |
| 6 | 山田コンサル社員持株会 | 460,900 | 2.39% |
| 7 | 和田 成史 | 367,000 | 1.91% |
| 8 | PERSHING-DIV.OF.DLJ SECS.CORP. | 312,700 | 1.62% |
| 9 | 株式会社ユニバーサルエッジ | 263,000 | 1.36% |
| 10 | 山田CG役員持株合同会社 | 252,000 | 1.31% |
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.