As reported in the annual securities report, 2025-06-30.
| Foreign institutions | 0.74% |
|---|---|
| Individuals | 44.08% |
| Top 10 holders | 64.63% |
| Total shareholders | 12,354 |
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 | 53.66% | 58 |
| Individuals & others | 44.08% | 12,209 |
| Securities firms | 1.39% | 15 |
| Foreign institutions | 0.74% | 12 |
| Foreign individuals | 0.12% | 59 |
| Financial institutions | 0.00% | 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 | 株式会社Social Good | 5,035,000 | 46.19% |
| 2 | ACTWELL合同会社 | 510,000 | 4.68% |
| 3 | 新生ベンチャーパートナーズ2号投資事業有限責任組合 | 378,214 | 3.47% |
| 4 | HAKUHODO DY FUTURE DESIGN FUND投資事業有限責任組合 | 302,572 | 2.78% |
| 5 | 髙杉 慧 | 263,200 | 2.41% |
| 6 | ロート製薬株式会社 | 151,286 | 1.39% |
| 7 | 冨山 毅 | 148,700 | 1.36% |
| 8 | 大沢 亮 | 90,000 | 0.83% |
| 9 | 徳山 耕平 | 90,000 | 0.83% |
| 10 | 池森ベンチャーサポート合同会社 | 75,643 | 0.69% |
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.