As reported in the annual securities report, 2025-08-31.
| Foreign institutions | 0.95% |
|---|---|
| Individuals | 80.35% |
| Top 10 holders | 80.37% |
| Total shareholders | 8,628 |
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 | 80.35% | 8,442 |
| Financial institutions | 9.68% | 3 |
| Other corporations | 6.27% | 96 |
| Securities firms | 2.73% | 27 |
| Foreign institutions | 0.95% | 37 |
| Foreign individuals | 0.01% | 23 |
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 | 河端 保志 | 12,675,240 | 29.14% |
| 2 | 髙原 克弥 | 12,500,120 | 28.74% |
| 3 | 株式会社日本カストディ銀行(信託口) | 4,087,500 | 9.39% |
| 4 | 倉田 将志 | 1,872,700 | 4.30% |
| 5 | 株式会社マイナビ | 1,558,560 | 3.58% |
| 6 | 上田 真由美 | 1,333,700 | 3.06% |
| 7 | 楽天証券株式会社 | 441,603 | 1.01% |
| 8 | JSHHoldings合同会社 | 191,920 | 0.44% |
| 9 | 松井証券株式会社 | 160,700 | 0.36% |
| 10 | MSIP CLIENT SECURITIES (常任代理人 モルガン・スタンレーMUFG証券株式会社) | 155,100 | 0.35% |
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.