As reported in the annual securities report, 2025-12-31.
| Foreign institutions | 24.56% |
|---|---|
| Individuals | 39.15% |
| Top 10 holders | 60.39% |
| Total shareholders | 1,724 |
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 | 39.15% | 1,641 |
| Foreign institutions | 24.56% | 14 |
| Other corporations | 21.35% | 32 |
| Financial institutions | 12.09% | 7 |
| Securities firms | 2.70% | 16 |
| Foreign individuals | 0.16% | 14 |
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 | LEE WO INVESTMENT GROUP LIMITED(常任代理人 冨士靖史) | 1,289,600 | 19.45% |
| 2 | 有限会社欅 | 1,046,340 | 15.78% |
| 3 | INTERACTIVE BROKERS LLC(常任代理人 インタラクティブ・ブローカーズ証券株式会社) | 328,800 | 4.96% |
| 4 | 山口 琢也 | 318,500 | 4.80% |
| 5 | 株式会社足利銀行 | 259,200 | 3.91% |
| 6 | 大日光・エンジニアリング従業員持株会 | 216,197 | 3.26% |
| 7 | 株式会社商工組合中央金庫 | 152,000 | 2.29% |
| 8 | レッドリーフ株式会社 | 145,000 | 2.19% |
| 9 | 日本生命保険相互会社 | 128,400 | 1.94% |
| 10 | 株式会社栃木銀行 | 120,000 | 1.81% |
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.