As reported in the annual securities report, 2026-02-28.
| Foreign institutions | 10.27% |
|---|---|
| Individuals | 42.12% |
| Top 10 holders | 55.56% |
| Total shareholders | 7,956 |
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 | 42.12% | 7,748 |
| Other corporations | 33.55% | 58 |
| Foreign institutions | 10.27% | 46 |
| Securities firms | 7.10% | 22 |
| Financial institutions | 6.71% | 4 |
| Foreign individuals | 0.26% | 78 |
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SHIFT | 8,019,700 | 33.19% |
| 2 | 株式会社日本カストディ銀行(信託口) | 1,235,700 | 5.11% |
| 3 | 朝日 竜樹 | 1,213,500 | 5.02% |
| 4 | BBH CO FOR ARCUS JAPAN VALUE FUND(常任代理人 株式会社三菱UFJ銀行) | 534,000 | 2.21% |
| 5 | 楽天証券株式会社共有口 | 502,200 | 2.07% |
| 6 | 野村證券株式会社 | 454,311 | 1.88% |
| 7 | 岡 秀朋 | 451,800 | 1.87% |
| 8 | NOMURA PB NOMINEES LIMITED OMNIBUS-MARGIN (CASHPB) (常任代理人 野村證券株式会社) | 389,500 | 1.61% |
| 9 | BNY GCM CLIENT ACCOUNT JPRD AC ISG(FE-AC) (常任代理人 株式会社三菱UFJ銀行) | 339,500 | 1.40% |
| 10 | UBS AG LONDON A/CIPB SEGREGATED CLIENT ACCOUNT (常任代理人 シティバンク、エヌ・エイ東京支店) | 291,300 | 1.20% |
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.