As reported in the annual securities report, 2025-12-31.
| Foreign institutions | 53.81% |
|---|---|
| Individuals | 35.68% |
| Top 10 holders | 66.35% |
| Total shareholders | 31,923 |
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 |
|---|---|---|
| Foreign institutions | 53.81% | 30 |
| Individuals & others | 35.68% | 31,535 |
| Other corporations | 8.27% | 167 |
| Securities firms | 1.72% | 21 |
| Foreign individuals | 0.51% | 169 |
| Financial institutions | 0.01% | 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 | GRANDA MAGIC LIMITED(常任代理人 大和証券株式会社) | 27,783,000 | 30.39% |
| 2 | WISEHUB INTERNATIONAL CO.,LIMITED(常任代理人 中田 吉昭) | 22,144,000 | 24.22% |
| 3 | 日本観光免税株式会社 | 5,489,000 | 6.01% |
| 4 | 羅 怡文 | 1,600,000 | 1.75% |
| 5 | 山下 覚史 | 1,039,000 | 1.14% |
| 6 | 株式会社AIIN | 640,000 | 0.70% |
| 7 | 中文産業株式会社 | 542,000 | 0.59% |
| 8 | 株式会社DMM.com証券 | 521,000 | 0.57% |
| 9 | 和田 建生 | 465,000 | 0.51% |
| 10 | 楽天証券株式会社 | 428,000 | 0.47% |
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.