As reported in the annual securities report, 2025-12-31.
| Foreign institutions | 0.50% |
|---|---|
| Individuals | 69.29% |
| Top 10 holders | 33.49% |
| Total shareholders | 9,663 |
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 | 69.29% | 9,540 |
| Other corporations | 15.37% | 44 |
| Securities firms | 11.37% | 22 |
| Financial institutions | 3.34% | 4 |
| Foreign institutions | 0.50% | 20 |
| Foreign individuals | 0.13% | 33 |
| 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 | 株式会社SBI証券 | 535,100 | 5.56% |
| 2 | 秋枝 静香 | 511,200 | 5.31% |
| 3 | SBI Ventures Two株式会社 | 462,700 | 4.81% |
| 4 | 三條 真弘 | 383,900 | 3.99% |
| 5 | 小西 正夫 | 313,000 | 3.25% |
| 6 | 楽天証券株式会社共有口 | 244,600 | 2.54% |
| 7 | 株式会社SBI新生銀行 | 223,000 | 2.32% |
| 8 | 中山 功一 | 189,900 | 1.97% |
| 9 | PHC株式会社 | 185,100 | 1.92% |
| 10 | 福岡地所株式会社 | 175,200 | 1.82% |
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.