As reported in the annual securities report, 2026-03-31.
| Foreign institutions | 6.56% |
|---|---|
| Individuals | 82.57% |
| Top 10 holders | 62.40% |
| Total shareholders | 2,070 |
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 | 82.57% | 1,989 |
| Other corporations | 7.28% | 27 |
| Foreign institutions | 6.56% | 25 |
| Securities firms | 2.66% | 15 |
| Financial institutions | 0.82% | 2 |
| Foreign individuals | 0.11% | 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 | 佐藤 昌平 | 2,477,600 | 46.27% |
| 2 | 山下 良久 | 163,300 | 3.05% |
| 3 | 泉 裕治 | 110,900 | 2.07% |
| 4 | 西村 裕二 | 97,900 | 1.83% |
| 5 | 長岡 裕二 | 95,100 | 1.78% |
| 6 | 上田八木短資株式会社 | 90,600 | 1.69% |
| 7 | JPMSLLC CLIENT ASSETS SK JPY(常任代理人 シティバンク、エヌ・エイ東京支店) | 86,400 | 1.61% |
| 8 | MSIP CLIENT SECURITIES(常任代理人 モルガン・スタンレーMUFG証券株式会社) | 80,100 | 1.50% |
| 9 | 由佐 秀一郎 | 70,000 | 1.31% |
| 10 | 泉 有希子 | 69,100 | 1.29% |
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.