As reported in the annual securities report, 2025-09-30.
| Foreign institutions | 2.57% |
|---|---|
| Individuals | 64.16% |
| Top 10 holders | 75.14% |
| Total shareholders | 948 |
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 | 64.16% | 901 |
| Other corporations | 31.82% | 11 |
| Foreign institutions | 2.57% | 14 |
| Securities firms | 1.11% | 13 |
| Financial institutions | 0.17% | 1 |
| Foreign individuals | 0.17% | 8 |
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 | 百本 正博 | 494,100 | 34.52% |
| 2 | 株式会社フリークアウト・ホールディングス | 480,000 | 33.54% |
| 3 | 鈴木 智博 | 29,500 | 2.06% |
| 4 | 海老根 智仁 | 18,100 | 1.26% |
| 5 | 有限会社EIF | 15,000 | 1.04% |
| 6 | NOMURA INTERNATIONAL PLC A/C JAPAN FLOW | 9,900 | 0.69% |
| 7 | JP JPMSE LUX RE UBS AG LONDON BRANCHEQ CO | 9,700 | 0.67% |
| 8 | モルガン・スタンレーMUFG証券株式会社 | 7,700 | 0.53% |
| 9 | J.P.MORGAN SECURITIES PLC | 7,100 | 0.49% |
| 10 | 戸田尚吾 | 5,000 | 0.34% |
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.