As reported in the annual securities report, 2025-10-31.
| Foreign institutions | 1.43% |
|---|---|
| Individuals | 47.67% |
| Top 10 holders | 50.11% |
| Total shareholders | 16,225 |
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 | 47.67% | 15,762 |
| Other corporations | 45.49% | 124 |
| Securities firms | 4.07% | 19 |
| Foreign institutions | 1.43% | 32 |
| Foreign individuals | 0.81% | 286 |
| Financial institutions | 0.52% | 2 |
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 | 合同会社FO1 | 42,000,000 | 36.01% |
| 2 | 合同会社ルビーインベストメント | 5,235,094 | 4.49% |
| 3 | 楽天証券株式会社 | 2,092,600 | 1.79% |
| 4 | TSM総合ファーム株式会社 | 1,783,623 | 1.53% |
| 5 | 橋口 遼 | 1,609,621 | 1.38% |
| 6 | 合同会社マラガ | 1,333,333 | 1.14% |
| 7 | 竹岡 裕介 | 1,137,272 | 0.97% |
| 8 | 芝 清隆 | 1,134,272 | 0.97% |
| 9 | 松田 悠介 | 1,134,202 | 0.97% |
| 10 | 吉田 雅己 | 1,000,000 | 0.86% |
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.