As reported in the annual securities report, 2025-12-31.
| Foreign institutions | 24.00% |
|---|---|
| Individuals | 36.07% |
| Top 10 holders | 44.74% |
| Total shareholders | 15,374 |
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 | 36.07% | 14,964 |
| Other corporations | 27.42% | 290 |
| Foreign institutions | 24.00% | 71 |
| Financial institutions | 11.70% | 12 |
| Securities firms | 0.80% | 19 |
| Foreign individuals | 0.01% | 17 |
| Government | 0.00% | 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 | 有限会社エフアールテイ | 3,200,000 | 13.17% |
| 2 | THE SFP VALUE REALIZATION MASTER FUND LTD. (常任代理人 立花証券株式会社) | 2,922,000 | 12.03% |
| 3 | 日本マスタートラスト信託銀行株式会社(その他信託口) | 1,318,000 | 5.43% |
| 4 | JP MORGAN CHASE BANK 385642(常任代理人 株式会社みずほ銀行決済営業部) | 747,000 | 3.08% |
| 5 | フルサト・マルカグループ従業員持株会 | 678,000 | 2.79% |
| 6 | 日本生命保険相互会社 | 496,000 | 2.04% |
| 7 | SINOPACSEC(常任代理人 日産証券株式会社) | 400,000 | 1.65% |
| 8 | 神鋼商事株式会社 | 386,000 | 1.59% |
| 9 | 阪和興業株式会社 | 360,000 | 1.48% |
| 10 | 日本マスタートラスト信託銀行株式会社(投資信託口) | 359,000 | 1.48% |
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.