As reported in the annual securities report, 2025-12-31.
| Foreign institutions | 1.31% |
|---|---|
| Individuals | 67.64% |
| Top 10 holders | 74.67% |
| Total shareholders | 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 | 67.64% | 690 |
| Other corporations | 19.90% | 6 |
| Securities firms | 11.11% | 13 |
| Foreign institutions | 1.31% | 12 |
| Financial institutions | 0.02% | 1 |
| Foreign individuals | 0.02% | 2 |
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 | 落合 文四郎 | 802,000 | 31.45% |
| 2 | 株式会社フォーティーシクサーズ | 442,000 | 17.34% |
| 3 | 新井 友行 | 100,000 | 3.92% |
| 4 | 池田 祐輔 | 96,000 | 3.79% |
| 5 | 野村證券株式会社 | 93,000 | 3.66% |
| 6 | 湯川 泰行 | 84,000 | 3.30% |
| 7 | アルー社員持株会 | 78,000 | 3.07% |
| 8 | 株式会社SBI証券 | 77,000 | 3.04% |
| 9 | 稲村大悟 | 70,000 | 2.75% |
| 10 | 株式会社こやの | 60,000 | 2.35% |
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.