As reported in the annual securities report, 2025-09-30.
| Foreign institutions | 1.47% |
|---|---|
| Individuals | 49.06% |
| Top 10 holders | 80.72% |
| Total shareholders | 1,273 |
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 | 49.06% | 1,223 |
| Other corporations | 44.52% | 13 |
| Securities firms | 4.83% | 13 |
| Foreign institutions | 1.47% | 14 |
| Financial institutions | 0.06% | 1 |
| Foreign individuals | 0.05% | 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 | 高村彰典 | 1,205,600 | 29.96% |
| 2 | 株式会社セレス | 770,000 | 19.14% |
| 3 | 株式会社サイバーエージェント | 600,000 | 14.91% |
| 4 | 株式会社マイナビ | 175,000 | 4.35% |
| 5 | 株式会社クリア | 160,000 | 3.98% |
| 6 | 株式会社SBI証券 | 89,813 | 2.23% |
| 7 | ユナイテッド株式会社 | 84,400 | 2.10% |
| 8 | 楽天証券株式会社 | 72,300 | 1.80% |
| 9 | 近田哲昌 | 46,500 | 1.16% |
| 10 | 清板大亮 | 43,900 | 1.09% |
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.