As reported in the annual securities report, 2026-01-31.
| Foreign institutions | 1.17% |
|---|---|
| Individuals | 78.83% |
| Top 10 holders | 36.79% |
| Total shareholders | 7,899 |
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 | 78.83% | 7,767 |
| Other corporations | 12.51% | 80 |
| Financial institutions | 7.18% | 7 |
| Foreign institutions | 1.17% | 14 |
| Foreign individuals | 0.16% | 22 |
| Securities firms | 0.15% | 9 |
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 | 公益財団法人藤本奨学会 | 650,000 | 12.52% |
| 2 | 藤本 豊士 | 616,000 | 11.87% |
| 3 | 京都中央信用金庫 | 150,000 | 2.88% |
| 4 | 株式会社京都銀行(常任代理人 株式会社日本カストディ銀行) | 132,000 | 2.54% |
| 5 | 佐々木 嘉樹 | 110,000 | 2.11% |
| 6 | 日本生命保険相互会社(常任代理人 日本マスタートラスト信託銀行株式会社) | 56,000 | 1.08% |
| 7 | 不二電機工業従業員持株会 | 53,000 | 1.02% |
| 8 | 藤本 遼平 | 50,000 | 0.97% |
| 9 | 藤本 佑哉 | 46,000 | 0.90% |
| 10 | 株式会社日本カストディ銀行(信託口) | 46,000 | 0.90% |
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.