As reported in the annual securities report, 2026-05-31.
| Foreign institutions | 0.22% |
|---|---|
| Individuals | 54.34% |
| Top 10 holders | 66.02% |
| Total shareholders | 10,660 |
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 | 54.34% | 10,535 |
| Other corporations | 45.22% | 93 |
| Foreign institutions | 0.22% | 11 |
| Securities firms | 0.18% | 6 |
| Foreign individuals | 0.03% | 15 |
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YMM(注) | 4,535,000 | 44.93% |
| 2 | 吉 原 俊 夫 | 1,754,150 | 17.38% |
| 3 | 三 木 正 浩 | 115,000 | 1.14% |
| 4 | ワセダ従業員持株会 | 82,759 | 0.82% |
| 5 | 岩 渕 拓 | 72,900 | 0.72% |
| 6 | 森 元 正 義 | 23,300 | 0.23% |
| 7 | 池 田 耕 市 | 20,000 | 0.20% |
| 8 | 遠 藤 恭 | 20,000 | 0.20% |
| 9 | 桑 原 晃 | 20,000 | 0.20% |
| 10 | 渡 辺 武 | 20,000 | 0.20% |
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.