Modalis Therapeutics Corporation

4883 TSE Pharmaceuticals Pharmaceutical
TSE Growth

Shareholding pattern

As reported in the annual securities report, 2025-12-31.

Foreign institutions8.43%
Individuals74.33%
Top 10 holders19.24%
Total shareholders21,450

Who owns the company

Share of voting units
Individuals & others: 74.33%Securities firms: 11.35%Foreign institutions: 8.43%Other corporations: 4.44%Foreign individuals: 0.81%Financial institutions: 0.63%74.3%Individuals & others
Individuals & others 74.33%Securities firms 11.35%Foreign institutions 8.43%Other corporations 4.44%Foreign individuals 0.81%Financial institutions 0.63%

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
020406080100FY22FY23FY24FY25FY2022 — Foreign institutions: 10 %FY2023 — Foreign institutions: 10 %FY2024 — Foreign institutions: 5 %FY2025 — Foreign institutions: 8 %FY2022 — Financial institutions: 10 %FY2023 — Financial institutions: 4 %FY2024 — Financial institutions: 1 %FY2025 — Financial institutions: 1 %FY2022 — Individuals: 55 %FY2023 — Individuals: 67 %FY2024 — Individuals: 81 %FY2025 — Individuals: 74 %FY2022 — Other corporations: 19 %FY2023 — Other corporations: 12 %FY2024 — Other corporations: 6 %FY2025 — Other corporations: 4 %FY2022 — Securities firms: 4 %FY2023 — Securities firms: 5 %FY2024 — Securities firms: 8 %FY2025 — Securities firms: 11 %
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
Individuals & others74.33%21,137
Securities firms11.35%27
Foreign institutions8.43%39
Other corporations4.44%91
Foreign individuals0.81%154
Financial institutions0.63%2

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株式会社LSIM2,831,8003.27%
2楽天証券株式会社共有口2,664,5003.07%
3株式会社SBI証券2,474,7442.86%
4BNP PARIBAS LONDON BRANCH FOR PRIME BROKERAGE CLEARANCE ACC FOR THIRD PARTY (常任代理人 香港上海銀行 東京支店)2,340,0002.70%
5近藤 誠聡1,800,0002.08%
6濡木 理1,581,3001.82%
7STATE STREET BANK AND TRUST COMPANY (常任代理人 株式会社みずほ銀行決済営業部)1,000,0001.15%
8マネックス証券株式会社723,2770.83%
9松井証券株式会社650,3000.75%
10株式会社証券ジャパン615,3000.71%

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.