As reported in the annual securities report, 2026-03-31.
| Foreign institutions | 2.41% |
|---|---|
| Individuals | 72.68% |
| Top 10 holders | 70.43% |
| Total shareholders | 1,196 |
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 | 72.68% | 1,142 |
| Other corporations | 22.19% | 21 |
| Securities firms | 2.64% | 16 |
| Foreign institutions | 2.41% | 12 |
| Financial institutions | 0.05% | 1 |
| Foreign individuals | 0.03% | 4 |
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 | 上村 正人 | 500,700 | 33.18% |
| 2 | カーム有限会社 | 250,000 | 16.57% |
| 3 | 光通信KK投資事業有限責任組合 | 70,400 | 4.67% |
| 4 | 小林 寛子 | 60,000 | 3.98% |
| 5 | 熊谷 尚登 | 38,000 | 2.52% |
| 6 | 株式会社エフティグループ | 34,300 | 2.27% |
| 7 | エブレン社員持株会 | 32,132 | 2.13% |
| 8 | 菊水ホールディングス株式会社 | 30,000 | 1.99% |
| 9 | 上村 和人 | 23,500 | 1.56% |
| 10 | 上村 宏子 | 23,500 | 1.56% |
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.