As reported in the annual securities report, 2025-11-30.
| Foreign institutions | 0.84% |
|---|---|
| Individuals | 85.37% |
| Top 10 holders | 82.20% |
| Total shareholders | 813 |
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 | 85.37% | 768 |
| Other corporations | 12.04% | 21 |
| Securities firms | 1.61% | 12 |
| Foreign institutions | 0.84% | 10 |
| Financial institutions | 0.13% | 1 |
| Foreign individuals | 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 | 久保 良介 | 778,900 | 29.80% |
| 2 | 舩戸 雅夫 | 778,900 | 29.80% |
| 3 | 光通信KK投資事業有限責任組合 | 168,000 | 6.43% |
| 4 | 株式会社ペイフォワード | 150,000 | 5.74% |
| 5 | 株式会社タケオホールディングス | 81,000 | 3.10% |
| 6 | UH Partners 2投資事業有限責任組合 | 54,900 | 2.10% |
| 7 | オンデック従業員持株会 | 48,488 | 1.86% |
| 8 | 8G HOLDINGS株式会社 | 32,500 | 1.24% |
| 9 | 光通信株式会社 | 28,600 | 1.09% |
| 10 | 株式会社SBI証券 | 27,187 | 1.04% |
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.