As reported in the annual securities report, 2025-12-31.
| Foreign institutions | 16.65% |
|---|---|
| Individuals | 37.61% |
| Top 10 holders | 50.76% |
| Total shareholders | 21,731 |
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 |
|---|---|---|
| Other corporations | 40.06% | 219 |
| Individuals & others | 37.61% | 21,293 |
| Foreign institutions | 16.65% | 123 |
| Securities firms | 5.15% | 32 |
| Financial institutions | 0.42% | 5 |
| Foreign individuals | 0.11% | 59 |
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 | NLHD株式会社 | 40,628,000 | 30.43% |
| 2 | KOREA SECURITIES DEPOSITORY-SHINHAN SECURITIES(常任代理人 シティバンク、エヌ・エイ東京支店) | 8,109,000 | 6.07% |
| 3 | 藤澤 信義 | 6,283,000 | 4.71% |
| 4 | ジャパンポケット株式会社 | 3,055,000 | 2.29% |
| 5 | 株式会社エスファイナンス | 2,890,000 | 2.16% |
| 6 | STATE STREET BANK AND TRUST COMPANY 505223(常任代理人 株式会社みずほ銀行) | 1,612,000 | 1.21% |
| 7 | 株式会社表参道キャピタル | 1,519,000 | 1.14% |
| 8 | 公益財団法人藤澤記念財団 | 1,482,000 | 1.11% |
| 9 | 千葉 信育 | 1,093,000 | 0.82% |
| 10 | 松浦 一夫 | 1,092,000 | 0.82% |
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.