As reported in the annual securities report, 2026-03-31.
| Foreign institutions | 6.12% |
|---|---|
| Individuals | 44.74% |
| Top 10 holders | 76.09% |
| Total shareholders | 815 |
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 | 44.74% | 763 |
| Other corporations | 41.13% | 11 |
| Foreign institutions | 6.12% | 16 |
| Financial institutions | 4.96% | 5 |
| Securities firms | 3.04% | 17 |
| Foreign individuals | 0.01% | 3 |
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 | 黒木 哲史 | 1,357,000 | 19.03% |
| 2 | 一般社団法人Hyuga | 900,000 | 12.61% |
| 3 | 株式会社シーユーシー | 840,000 | 11.77% |
| 4 | エムスリー株式会社 | 699,000 | 9.80% |
| 5 | エムスリーキャリア株式会社 | 500,000 | 7.01% |
| 6 | MSIP CLIENT SECURITIES | 362,000 | 5.08% |
| 7 | 山﨑 武夫 | 216,000 | 3.02% |
| 8 | 日本マスタートラスト信託銀行株式会社 | 199,000 | 2.80% |
| 9 | 城尾 浩平 | 197,000 | 2.76% |
| 10 | 別府 鵬飛 | 158,000 | 2.21% |
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.