As reported in the annual securities report, 2025-06-30.
| Foreign institutions | 0.58% |
|---|---|
| Individuals | 15.54% |
| Top 10 holders | 82.42% |
| Total shareholders | 2,105 |
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 | 62.70% | 26 |
| Financial institutions | 19.28% | 4 |
| Individuals & others | 15.54% | 2,027 |
| Securities firms | 1.51% | 21 |
| Foreign institutions | 0.58% | 15 |
| Foreign individuals | 0.39% | 12 |
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We(注)2 | 2,608,000 | 54.90% |
| 2 | 株式会社日本カストディ銀行(信託口) | 590,500 | 12.43% |
| 3 | 日本マスタートラスト信託銀行株式会社(信託口) | 263,500 | 5.55% |
| 4 | 三井物産株式会社(常任代理人 日本カストディ銀行) | 131,500 | 2.77% |
| 5 | 伊藤忠商事株式会社 | 102,000 | 2.15% |
| 6 | 丸紅株式会社 | 102,000 | 2.15% |
| 7 | 野村信託銀行株式会社(投信口) | 56,000 | 1.18% |
| 8 | 株式会社SBI証券 | 32,231 | 0.68% |
| 9 | 松本 光雄 | 15,000 | 0.32% |
| 10 | 株式会社北総フォレスト | 14,000 | 0.29% |
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.