As reported in the annual securities report, 2025-12-31.
| Foreign institutions | 0.27% |
|---|---|
| Individuals | 74.51% |
| Top 10 holders | 69.17% |
| Total shareholders | 5,008 |
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 | 74.51% | 4,889 |
| Other corporations | 18.20% | 51 |
| Financial institutions | 4.59% | 9 |
| Securities firms | 2.34% | 19 |
| Foreign institutions | 0.27% | 11 |
| Foreign individuals | 0.10% | 29 |
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 慶郎 | 1,690,900 | 17.92% |
| 2 | 佐藤 亨樹 | 1,581,800 | 16.77% |
| 3 | 慶キャピタル株式会社 | 775,200 | 8.22% |
| 4 | TSK capital株式会社 | 775,200 | 8.22% |
| 5 | 脇山 季秋 | 410,000 | 4.35% |
| 6 | 日本マスタートラスト信託銀行株式会社(信託口) | 402,300 | 4.26% |
| 7 | 鈴木 謙司 | 324,000 | 3.43% |
| 8 | 蔭山 恭一 | 210,000 | 2.23% |
| 9 | 岩崎 泰次 | 181,500 | 1.92% |
| 10 | 五代儀 直美 | 174,500 | 1.85% |
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.