As reported in the annual securities report, 2026-02-28.
| Foreign institutions | 4.21% |
|---|---|
| Individuals | 71.49% |
| Top 10 holders | 64.59% |
| Total shareholders | 11,799 |
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 | 71.49% | 11,644 |
| Other corporations | 23.65% | 93 |
| Foreign institutions | 4.21% | 11 |
| Financial institutions | 0.37% | 3 |
| Securities firms | 0.19% | 7 |
| Foreign individuals | 0.09% | 41 |
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 | 安藤 広大 | 1,894,400 | 22.51% |
| 2 | 株式会社ARS | 1,120,000 | 13.31% |
| 3 | 福冨 謙二 | 869,700 | 10.33% |
| 4 | 株式会社ティーケーピ- | 860,500 | 10.22% |
| 5 | NOMURA PB NOMINEES LIMITED OMNIBUS-MARGIN (CASHPB)(常任代理人 野村證券株式会社) | 252,800 | 3.00% |
| 6 | 梶山 啓介 | 156,311 | 1.85% |
| 7 | 識学従業員持株会 | 102,100 | 1.21% |
| 8 | NOMURA INTERNATIONAL PLC A/C JAPAN FLOW(常任代理人 野村證券株式会社) | 89,300 | 1.06% |
| 9 | 株式会社五十畑 | 55,000 | 0.65% |
| 10 | 株式会社カーセブンデジフィールド | 38,000 | 0.45% |
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.