ASIAN STAR CO.

8946 TSE Real Estate Real Estate
TSE Standard

Shareholding pattern

As reported in the annual securities report, 2025-12-31.

Foreign institutions54.48%
Individuals31.68%
Top 10 holders53.06%
Total shareholders3,208

Who owns the company

Share of voting units
Foreign institutions: 54.48%Individuals & others: 31.68%Securities firms: 12.07%Financial institutions: 1.31%Foreign individuals: 0.27%Other corporations: 0.19%54.5%Foreign institutions
Foreign institutions 54.48%Individuals & others 31.68%Securities firms 12.07%Financial institutions 1.31%Foreign individuals 0.27%Other corporations 0.19%

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.

Ownership Trend

Holding %, recent years
0204060FY22FY23FY24FY25FY2022 — Foreign institutions: 46 %FY2023 — Foreign institutions: 57 %FY2024 — Foreign institutions: 58 %FY2025 — Foreign institutions: 54 %FY2022 — Financial institutions: 1 %FY2023 — Financial institutions: 0 %FY2024 — Financial institutions: 0 %FY2025 — Financial institutions: 1 %FY2022 — Individuals: 45 %FY2023 — Individuals: 36 %FY2024 — Individuals: 31 %FY2025 — Individuals: 32 %FY2022 — Other corporations: 1 %FY2023 — Other corporations: 0 %FY2024 — Other corporations: 0 %FY2025 — Other corporations: 0 %FY2022 — Securities firms: 8 %FY2023 — Securities firms: 5 %FY2024 — Securities firms: 11 %FY2025 — Securities firms: 12 %
Foreign institutionsFinancial institutionsIndividualsOther corporationsSecurities firms

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.

Ownership detail

Investor categoryHolding %Shareholders
Foreign institutions54.48%32
Individuals & others31.68%3,126
Securities firms12.07%22
Financial institutions1.31%1
Foreign individuals0.27%12
Other corporations0.19%15

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.

Largest shareholders

S.No.ShareholderSharesStake %
1D&W INTERNATIONAL DEVELOPMENT LIMITED(常任代理人 東海東京証券株式会社)4,900,00020.65%
2KGI ASIA LIMITED-CLIENT ACCOUNT(常任代理人 香港上海銀行東京支店)2,868,80012.09%
3Boom Securities (H.K.) Limited-Clients'Account(常任代理人 マネックス証券株式会社)1,109,5004.68%
4トウカイトウキョウセキュリティーズアジアリミテッド(常任代理人 東海東京証券株式会社)1,026,0004.32%
5Futu Securities International (Hong Kong) Limited(常任代理人 moomoo証券株式会社)618,5002.61%
6BBH/DBS BANK (HONG KONG) LIMITED A/C 005 NON US(常任代理人 株式会社三井住友銀行)497,6002.10%
7INTERACTIVE BROKERS LLC(常任代理人 インタラクティブ・ブローカーズ証券株式会社)493,9002.08%
8株式会社SBI証券398,6361.68%
9楽天証券株式会社共有口339,9001.43%
10株式会社証券ジャパン337,5001.42%

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.

Educational data only. Not a recommendation to buy, sell or hold any security.