As reported in the annual securities report, 2025-12-31.
| Foreign institutions | 22.23% |
|---|---|
| Individuals | 48.45% |
| Top 10 holders | 48.86% |
| Total shareholders | 68,319 |
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 | 48.45% | 67,363 |
| Foreign institutions | 22.23% | 236 |
| Other corporations | 17.65% | 383 |
| Financial institutions | 10.79% | 20 |
| Securities firms | 0.83% | 30 |
| Foreign individuals | 0.04% | 287 |
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 | 小林 章浩 | 9,264,000 | 12.46% |
| 2 | (公財)小林財団 | 6,000,000 | 8.07% |
| 3 | 日本マスタートラスト信託銀行㈱(信託口) | 5,246,000 | 7.06% |
| 4 | オアシスジャパンストラテジックファンド(常任代理人ゴールドマン・サックス証券㈱) | 3,855,000 | 5.19% |
| 5 | 渡部 育子 | 2,325,000 | 3.13% |
| 6 | ㈱フォーラム | 2,071,000 | 2.79% |
| 7 | オアシスジャパンストラテジックファンドY(常任代理人シティバンク、エヌ・エイ東京支店) | 2,039,000 | 2.74% |
| 8 | オアシスインベストメントⅡマスターファンド(常任代理人ゴールドマン・サックス証券㈱) | 1,946,000 | 2.62% |
| 9 | 井植 由佳子 | 1,863,000 | 2.51% |
| 10 | ㈱慧光 | 1,700,000 | 2.29% |
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.