As reported in the annual securities report, 2026-03-31.
| Foreign institutions | 4.70% |
|---|---|
| Individuals | 53.73% |
| Top 10 holders | 46.67% |
| Total shareholders | 14,297 |
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 | 53.73% | 14,036 |
| Other corporations | 25.21% | 155 |
| Financial institutions | 15.25% | 17 |
| Foreign institutions | 4.70% | 49 |
| Securities firms | 1.09% | 21 |
| Foreign individuals | 0.02% | 19 |
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 | KANO株式会社 | 3,463,000 | 19.29% |
| 2 | 日本マスタートラスト信託銀行株式会社 | 1,613,000 | 8.99% |
| 3 | 小松ウオール工業従業員持株会 | 801,000 | 4.47% |
| 4 | 株式会社日本カストディ銀行 | 777,000 | 4.33% |
| 5 | 原田株式会社 | 360,000 | 2.01% |
| 6 | 加納 裕 | 322,000 | 1.79% |
| 7 | BBH BOSTON FOR NOMURA JAPAN SMALLER CAPITALIZATION FUND 620065 (常任代理人 株式会社みずほ銀行決済営業部) | 315,000 | 1.76% |
| 8 | 明治安田生命保険相互会社 | 309,000 | 1.72% |
| 9 | INTERACTIVE BROKERS LLC (常任代理人 インタラクティブ・ブローカーズ証券株式会社) | 220,000 | 1.23% |
| 10 | 有限会社マルヨ | 193,000 | 1.08% |
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.