As reported in the annual securities report, 2026-03-31.
| Foreign institutions | 9.24% |
|---|---|
| Individuals | 36.75% |
| Top 10 holders | 56.33% |
| Total shareholders | 12,450 |
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 | 37.32% | 164 |
| Individuals & others | 36.75% | 12,118 |
| Financial institutions | 13.99% | 15 |
| Foreign institutions | 9.24% | 85 |
| Securities firms | 2.64% | 27 |
| Foreign individuals | 0.06% | 41 |
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 | エヌディファクター株式会社 | 16,505,000 | 35.19% |
| 2 | 日本マスタートラスト信託銀行株式会社(信託口) | 3,218,100 | 6.86% |
| 3 | 神山 和郎 | 1,402,180 | 2.99% |
| 4 | 内藤 征吾 | 1,158,600 | 2.47% |
| 5 | 株式会社日本カストディ銀行(金銭信託課税口) | 997,800 | 2.13% |
| 6 | 株式会社日本カストディ銀行(信託口) | 695,900 | 1.48% |
| 7 | 日神グループホールディングス社員持株会 | 687,934 | 1.47% |
| 8 | 日神グループホールディングス取引先持株会 | 627,160 | 1.34% |
| 9 | DFA INTL SMALL CAP VALUE PORTFOLIO(常任代理人 シティバンク、エヌ・エイ東京支店) | 571,497 | 1.22% |
| 10 | 清原 達郎 | 551,200 | 1.18% |
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.