TOP CULTURE Co.,Ltd.
TSE Standard
Shareholding pattern
As reported in the annual securities report, 2025-10-31.
| Foreign institutions | 1.48% |
|---|---|
| Individuals | 40.59% |
| Top 10 holders | 66.19% |
| Total shareholders | 7,943 |
Who owns the company
Share of voting unitsOther corporations 54.02%Individuals & others 40.59%Financial institutions 2.31%Foreign institutions 1.48%Securities firms 1.44%Foreign individuals 0.16%
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.
Ownership Trend
Holding %, recent yearsForeign institutionsFinancial institutionsIndividualsOther corporationsSecurities firms
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.
Ownership detail
| Investor category | Holding % | Shareholders |
|---|---|---|
| Other corporations | 54.02% | 45 |
| Individuals & others | 40.59% | 7,829 |
| Financial institutions | 2.31% | 4 |
| Foreign institutions | 1.48% | 19 |
| Securities firms | 1.44% | 8 |
| Foreign individuals | 0.16% | 38 |
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.
Largest shareholders
| S.No. | Shareholder | Shares | Stake % |
|---|---|---|---|
| 1 | 株式会社トーハン | 3,526,400 | 22.55% |
| 2 | 株式会社ヒーズ | 2,623,098 | 16.78% |
| 3 | カルチュア・コンビニエンス・クラブ株式会社 | 2,416,904 | 15.49% |
| 4 | 清水 秀雄 | 681,900 | 4.36% |
| 5 | 清水 大輔 | 297,000 | 1.89% |
| 6 | 日本マスタートラスト信託銀行株式会社（信託口） | 208,800 | 1.33% |
| 7 | BNP PARIBAS SINGAPORE/2S/JASDEC /CLIENT ASSET(常任代理人 香港上海銀行東京支店セキュリティーズ・サービシズ・オペレーションズ） | 194,100 | 1.24% |
| 8 | 株式会社第四北越銀行 | 164,000 | 1.04% |
| 9 | トップカルチャー従業員持株会 | 135,512 | 0.86% |
| 10 | 株式会社本間組 | 102,000 | 0.65% |
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.