As reported in the annual securities report, 2026-03-31.
| Foreign institutions | 54.73% |
|---|---|
| Individuals | 20.85% |
| Top 10 holders | 78.50% |
| Total shareholders | 1,153 |
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 |
|---|---|---|
| Foreign institutions | 54.73% | 146 |
| Other corporations | 21.40% | 15 |
| Individuals & others | 20.85% | 970 |
| Securities firms | 1.75% | 13 |
| Financial institutions | 1.24% | 5 |
| 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 | 東海エンジニアリング株式会社 | 4,267,600 | 19.80% |
| 2 | Hebara Holdco II, L.P.(常任代理人 三田証券株式会社) | 4,239,600 | 19.70% |
| 3 | OASIS INVESTMENTS II MASTER FUND LTD.(常任代理人 シティバンク、エヌ・エイ東京支店) | 2,031,672 | 9.40% |
| 4 | STATE STREET BANK AND TRUST COMPANY 505010(株式会社みずほ銀行決済営業部) | 1,700,000 | 7.90% |
| 5 | OASIS JAPAN STRATEGIC FUND LTD.(常任代理人 シティバンク、エヌ・エイ東京支店) | 1,167,428 | 5.40% |
| 6 | GOLDMAN SACHS INTERNATIONAL(常任代理人 ゴールドマン・サックス証券株式会社) | 1,112,103 | 5.20% |
| 7 | 株式会社藤商事 | 740,000 | 3.40% |
| 8 | 内海 倫江 | 680,000 | 3.20% |
| 9 | CGML PB CLIENT ACCOUNT/COLLATERAL(常任代理人 シティバンク、エヌ・エイ東京支店) | 550,471 | 2.60% |
| 10 | MSIP CLIENT SECURITIES(常任代理人 モルガン・スタンレーMUFG証券株式会社) | 398,681 | 1.90% |
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.