As reported in the annual securities report, 2026-02-28.
| Foreign institutions | 3.27% |
|---|---|
| Individuals | 56.67% |
| Top 10 holders | 60.53% |
| Total shareholders | 5,673 |
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 | 56.67% | 5,527 |
| Other corporations | 35.11% | 80 |
| Foreign institutions | 3.27% | 40 |
| Financial institutions | 2.48% | 2 |
| Securities firms | 2.42% | 13 |
| Foreign individuals | 0.04% | 11 |
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 | 株式会社四三二 | 2,500,000 | 22.68% |
| 2 | 和田 憲昌 | 1,488,000 | 13.50% |
| 3 | 和田 剛直 | 1,054,000 | 9.56% |
| 4 | 大阪中小企業投資育成株式会社 | 560,600 | 5.09% |
| 5 | 株式会社日本カストディ銀行(信託口) | 271,900 | 2.47% |
| 6 | 柏木 修 | 200,000 | 1.81% |
| 7 | 株式会社建隆インベストメント | 184,100 | 1.67% |
| 8 | 合資会社水谷商店 | 169,600 | 1.54% |
| 9 | 河野 貴輝 | 125,000 | 1.13% |
| 10 | ワコーレ社員持株会 | 119,288 | 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.