INTELLIGENT WAVE INC.

4847 TSE Technology Information & Communication
TSE Prime

Shareholding pattern

As reported in the annual securities report, 2025-06-30.

Foreign institutions7.15%
Individuals35.78%
Top 10 holders71.76%
Total shareholders9,669

Who owns the company

Share of voting units
Other corporations: 51.35%Individuals & others: 35.78%Foreign institutions: 7.15%Financial institutions: 3.39%Securities firms: 2.25%Foreign individuals: 0.08%51.4%Other corporations
Other corporations 51.35%Individuals & others 35.78%Foreign institutions 7.15%Financial institutions 3.39%Securities firms 2.25%Foreign individuals 0.08%

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.

Ownership Trend

Holding %, recent years
0204060FY22FY23FY24FY25FY2022 — Foreign institutions: 6 %FY2023 — Foreign institutions: 4 %FY2024 — Foreign institutions: 6 %FY2025 — Foreign institutions: 7 %FY2022 — Financial institutions: 7 %FY2023 — Financial institutions: 6 %FY2024 — Financial institutions: 5 %FY2025 — Financial institutions: 3 %FY2022 — Individuals: 35 %FY2023 — Individuals: 37 %FY2024 — Individuals: 36 %FY2025 — Individuals: 36 %FY2022 — Other corporations: 51 %FY2023 — Other corporations: 51 %FY2024 — Other corporations: 51 %FY2025 — Other corporations: 51 %FY2022 — Securities firms: 1 %FY2023 — Securities firms: 1 %FY2024 — Securities firms: 2 %FY2025 — Securities firms: 2 %
Foreign institutionsFinancial institutionsIndividualsOther corporationsSecurities firms

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.

Ownership detail

Investor categoryHolding %Shareholders
Other corporations51.35%49
Individuals & others35.78%9,505
Foreign institutions7.15%57
Financial institutions3.39%6
Securities firms2.25%21
Foreign individuals0.08%31

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.

Largest shareholders

S.No.ShareholderSharesStake %
1大日本印刷㈱13,330,70050.73%
2安 達 一 彦2,394,9009.11%
3MSIP CLIENT SECURITIES(常任代理人)モルガン・スタンレーMUFG証券㈱920,0003.50%
4インテリジェントウェイブ従業員持株会529,1002.01%
5㈱日本カストディ銀行(信託口)497,1001.89%
6溝 田 久 子314,3001.20%
7JPモルガン証券㈱292,0491.11%
8西 野 秀 樹209,0000.80%
9㈱三菱UFJ銀行200,0000.76%
10小 林 弘 二171,6000.65%

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.

Educational data only. Not a recommendation to buy, sell or hold any security.