As reported in the annual securities report, 2025-12-31.
| Foreign institutions | 4.23% |
|---|---|
| Individuals | 84.69% |
| Top 10 holders | 84.36% |
| Total shareholders | 1,851 |
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.
| Investor category | Holding % | Shareholders |
|---|---|---|
| Individuals & others | 84.69% | 1,781 |
| Securities firms | 5.47% | 20 |
| Foreign institutions | 4.23% | 16 |
| Financial institutions | 4.08% | 4 |
| Other corporations | 1.52% | 25 |
| Foreign individuals | 0.01% | 5 |
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 | 河田 憲二 | 4,404,700 | 53.83% |
| 2 | 内木場 隼 | 1,419,000 | 17.34% |
| 3 | 株式会社SBI証券 | 283,400 | 3.46% |
| 4 | 株式会社日本カストディ銀行(信託口) | 234,800 | 2.87% |
| 5 | BNY GCM CLIENT ACCOUNT JPRD AC ISG (FE-AC)(常任代理人 株式会社三菱UFJ銀行) | 158,306 | 1.93% |
| 6 | AKパートナーズ株式会社 | 100,000 | 1.22% |
| 7 | 井口 亮 | 86,000 | 1.05% |
| 8 | 上総 尚吾 | 82,000 | 1.00% |
| 9 | 行田 耕介 | 80,000 | 0.98% |
| 10 | INTERACTIVE BROKERS LLC(常任代理人 インタラクティブ・ブローカーズ証券株式会社) | 55,800 | 0.68% |
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.