As reported in the annual securities report, 2026-02-28.
| Foreign institutions | 15.34% |
|---|---|
| Individuals | 33.48% |
| Top 10 holders | 58.17% |
| Total shareholders | 27,823 |
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 | 33.48% | 27,359 |
| Other corporations | 32.29% | 211 |
| Foreign institutions | 15.34% | 152 |
| Financial institutions | 14.52% | 13 |
| Securities firms | 4.35% | 25 |
| Foreign individuals | 0.03% | 63 |
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 | 株式会社フォワード | 28,000,000 | 27.89% |
| 2 | 羽鳥 由宇介(戸籍名:羽鳥 裕介) | 5,873,000 | 5.85% |
| 3 | 日本マスタートラスト信託銀行株式会社(信託口) | 5,820,000 | 5.80% |
| 4 | 株式会社日本カストディ銀行(信託口) | 4,845,000 | 4.83% |
| 5 | 株式会社フォワードY | 3,000,000 | 2.99% |
| 6 | 株式会社フォワードT | 3,000,000 | 2.99% |
| 7 | BNY GCM CLIENT ACCOUNT JPRD AC ISG (FE-AC)(常任代理人 株式会社三菱UFJ銀行) | 2,287,000 | 2.28% |
| 8 | あいおいニッセイ同和損害保険株式会社(常任代理人 日本マスタートラスト信託銀行株式会社) | 2,000,000 | 1.99% |
| 9 | 羽鳥 貴夫 | 1,873,000 | 1.87% |
| 10 | JPモルガン証券株式会社 | 1,688,000 | 1.68% |
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.