As reported in the annual securities report, 2026-03-31.
| Foreign institutions | 3.66% |
|---|---|
| Individuals | 81.96% |
| Top 10 holders | 61.07% |
| Total shareholders | 4,860 |
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 | 81.96% | 4,740 |
| Other corporations | 8.72% | 35 |
| Securities firms | 5.30% | 20 |
| Foreign institutions | 3.66% | 21 |
| Foreign individuals | 0.20% | 43 |
| Financial institutions | 0.16% | 1 |
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 | 藤田 誠 | 4,149,000 | 41.28% |
| 2 | 堀江 貴文 | 545,000 | 5.43% |
| 3 | インターステラテクノロジズ株式会社 | 399,000 | 3.97% |
| 4 | 楽天証券株式会社 | 214,000 | 2.13% |
| 5 | 株式会社Hakuhodo DY ONE | 189,000 | 1.88% |
| 6 | BNY GCM CLIENT ACCOUNT JPRD AC ISG(FE-AC)(常任代理人 株式会社三菱UFJ銀行) | 184,000 | 1.84% |
| 7 | アーキタイプグループ株式会社 | 180,000 | 1.79% |
| 8 | 瀬賀 雅弥 | 95,000 | 0.95% |
| 9 | JPモルガン証券株式会社 | 93,000 | 0.93% |
| 10 | 株式会社SBI証券 | 87,000 | 0.87% |
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.