As reported in the annual securities report, 2025-06-30.
| Foreign institutions | 8.51% |
|---|---|
| Individuals | 73.92% |
| Top 10 holders | 75.01% |
| Total shareholders | 1,717 |
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 | 73.92% | 1,622 |
| Financial institutions | 13.24% | 5 |
| Foreign institutions | 8.51% | 40 |
| Securities firms | 2.70% | 21 |
| Other corporations | 1.51% | 22 |
| Foreign individuals | 0.11% | 7 |
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 | 鴨林広軌 | 2,304,880 | 35.79% |
| 2 | 株式会社日本カストディ銀行(信託口) | 558,800 | 8.68% |
| 3 | 佐海文隆 | 350,000 | 5.44% |
| 4 | SBI4&5投資事業有限責任組合 | 303,940 | 4.72% |
| 5 | 中川高志 | 270,500 | 4.20% |
| 6 | 丸山篤史 | 263,000 | 4.08% |
| 7 | MSIP CLIENT SECURITIES(常任代理人 モルガン・スタンレーMUFG証券株式会社) | 223,378 | 3.47% |
| 8 | 大北尚永(常任代理人 みずほ証券株式会社) | 221,000 | 3.43% |
| 9 | 野村信託銀行株式会社(投信口) | 213,900 | 3.32% |
| 10 | 株式会社SBI証券 | 120,900 | 1.88% |
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.