As reported in the annual securities report, 2025-12-31.
| Foreign institutions | 0.66% |
|---|---|
| Individuals | 82.55% |
| Top 10 holders | 56.09% |
| Total shareholders | 84,588 |
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 | 82.55% | 83,750 |
| Other corporations | 6.30% | 270 |
| Financial institutions | 6.20% | 9 |
| Foreign individuals | 3.79% | 489 |
| Foreign institutions | 0.66% | 45 |
| Securities firms | 0.50% | 25 |
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 | 山﨑 静子 | 9,527,450 | 17.31% |
| 2 | 山﨑 貴三代 | 6,204,600 | 11.27% |
| 3 | 日本マスタートラスト信託銀行株式会社(信託口) | 3,191,600 | 5.80% |
| 4 | 一般社団法人美山﨑 | 2,811,050 | 5.10% |
| 5 | 山﨑 光英 | 2,453,600 | 4.45% |
| 6 | Victoria Yamazaki(常任代理人 三菱UFJモルガン・スタンレー証券株式会社) | 2,080,000 | 3.78% |
| 7 | 山﨑 知美(常任代理人 三菱UFJモルガン・スタンレー証券株式会社) | 2,080,000 | 3.78% |
| 8 | 山﨑 岩男 | 1,473,600 | 2.67% |
| 9 | エコライト合同会社 | 639,000 | 1.16% |
| 10 | 伊藤 千保美 | 426,500 | 0.77% |
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.