As reported in the annual securities report, 2026-03-31.
| Foreign institutions | 1.99% |
|---|---|
| Individuals | 58.90% |
| Top 10 holders | 50.67% |
| Total shareholders | 904 |
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 | 58.90% | 850 |
| Other corporations | 32.48% | 16 |
| Financial institutions | 3.24% | 2 |
| Securities firms | 3.15% | 17 |
| Foreign institutions | 1.99% | 10 |
| Foreign individuals | 0.24% | 9 |
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 | 有限会社エステートヤマダイン | 297,000 | 26.75% |
| 2 | 株式会社山友殖林 | 40,000 | 3.67% |
| 3 | 髙橋 恒 | 40,000 | 3.66% |
| 4 | 髙橋 武一 | 35,000 | 3.19% |
| 5 | 株式会社七十七銀行 | 30,000 | 2.70% |
| 6 | 髙橋 嘉之 | 26,000 | 2.38% |
| 7 | 髙橋 茂之 | 25,000 | 2.34% |
| 8 | 山田 善彦 | 25,000 | 2.25% |
| 9 | 高橋 敦 | 21,000 | 1.93% |
| 10 | 須山木材株式会社 | 20,000 | 1.80% |
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.