As reported in the annual securities report, 2025-12-31.
| Foreign institutions | 29.85% |
|---|---|
| Individuals | 24.96% |
| Top 10 holders | 76.31% |
| Total shareholders | 2,121 |
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 |
|---|---|---|
| Other corporations | 40.52% | 13 |
| Foreign institutions | 29.85% | 17 |
| Individuals & others | 24.96% | 2,034 |
| Securities firms | 4.05% | 18 |
| Foreign individuals | 0.57% | 38 |
| Financial institutions | 0.06% | 1 |
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 | BAIRUIXIANGHONG(HONG KONG)CO.,LIMITED(常任代理人 みずほ証券株式会社)(注) 1、2 | 1,997,000 | 29.40% |
| 2 | KSK合同会社 (注) 1 | 1,815,500 | 26.73% |
| 3 | EPSホールディングス株式会社 | 835,100 | 12.30% |
| 4 | メディカル・データ・ビジョン株式会社 | 187,500 | 2.76% |
| 5 | 株式会社SBI証券 | 73,577 | 1.08% |
| 6 | HOUSEI従業員持株会 | 65,600 | 0.97% |
| 7 | SENXIAO CULTURAL COMMUNICATION CO.,LIMITED(常任代理人 みずほ証券株式会社)(注) 3 | 58,700 | 0.86% |
| 8 | JPモルガン証券株式会社 | 51,400 | 0.76% |
| 9 | 楽天証券株式会社 | 50,900 | 0.75% |
| 10 | 馮 海軍 | 47,400 | 0.70% |
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.