As reported in the annual securities report, 2025-12-31.
| Foreign institutions | 0.54% |
|---|---|
| Individuals | 76.96% |
| Top 10 holders | 57.29% |
| Total shareholders | 11,903 |
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 | 76.96% | 11,740 |
| Other corporations | 15.60% | 91 |
| Financial institutions | 5.60% | 3 |
| Securities firms | 1.18% | 8 |
| Foreign institutions | 0.54% | 16 |
| Foreign individuals | 0.12% | 45 |
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 | 刀禰 真之介 | 3,706,000 | 35.47% |
| 2 | 第一生命保険株式会社 | 481,000 | 4.61% |
| 3 | 株式会社Orchestra Investment | 420,000 | 4.02% |
| 4 | 株式会社シグマクシス・ホールディングス | 389,000 | 3.72% |
| 5 | 吉岡 裕之 | 310,000 | 2.96% |
| 6 | 株式会社バリューHR | 202,000 | 1.93% |
| 7 | 株式会社杏林舎 | 150,000 | 1.43% |
| 8 | 山田 真弘 | 130,000 | 1.24% |
| 9 | 日本生命保険相互会社 | 101,000 | 0.96% |
| 10 | 株式会社ユビキタスAI | 100,000 | 0.95% |
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.