As reported in the annual securities report, 2026-05-31.
| Foreign institutions | 1.93% |
|---|---|
| Individuals | 66.83% |
| Top 10 holders | 68.45% |
| Total shareholders | 3,813 |
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 | 66.83% | 3,726 |
| Other corporations | 16.32% | 44 |
| Securities firms | 9.10% | 17 |
| Financial institutions | 5.81% | 5 |
| Foreign institutions | 1.93% | 17 |
| Foreign individuals | 0.02% | 4 |
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 | 山下 尚登 | 621,552 | 24.44% |
| 2 | ヤマシタヘルスケアホールディングス社員持株会 | 262,592 | 10.33% |
| 3 | 株式会社SBI証券 | 217,243 | 8.54% |
| 4 | 山下 弘高 | 130,000 | 5.11% |
| 5 | トリプルフォー投資事業組合 | 126,400 | 4.97% |
| 6 | 上田八木短資株式会社 | 120,000 | 4.72% |
| 7 | 山下 耕一 | 93,900 | 3.69% |
| 8 | 株式会社十八親和銀行 | 70,000 | 2.75% |
| 9 | 山下 浩 | 62,000 | 2.44% |
| 10 | 内藤 征吾 | 37,100 | 1.46% |
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.