As reported in the annual securities report, 2026-03-31.
| Foreign institutions | 1.48% |
|---|---|
| Individuals | 60.58% |
| Top 10 holders | 65.39% |
| Total shareholders | 8,638 |
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 | 60.58% | 8,514 |
| Other corporations | 36.84% | 57 |
| Foreign institutions | 1.48% | 14 |
| Financial institutions | 0.53% | 2 |
| Securities firms | 0.39% | 10 |
| Foreign individuals | 0.18% | 41 |
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 | 中 村 岳 | 2,011,595 | 21.07% |
| 2 | 株式会社学研ホールディングス | 1,903,300 | 19.93% |
| 3 | 株式会社UED | 882,400 | 9.24% |
| 4 | 株式会社増進会ホールディングス | 480,000 | 5.03% |
| 5 | 鄭 勝 喜 | 215,400 | 2.26% |
| 6 | 株式会社RISO | 204,545 | 2.14% |
| 7 | 藤 田 利 之 | 166,300 | 1.74% |
| 8 | レアジョブ従業員持株会 | 146,600 | 1.54% |
| 9 | 株式会社ZuittJP | 116,900 | 1.22% |
| 10 | DAIWA CM SINGAPORE LTD - NOMINEE KATO TOMOHISA(常任代理人 大和証券株式会社) | 116,900 | 1.22% |
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.