As reported in the annual securities report, 2026-03-31.
| Foreign institutions | 2.40% |
|---|---|
| Individuals | 68.27% |
| Top 10 holders | 52.99% |
| Total shareholders | 17,875 |
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 | 68.27% | 17,642 |
| Foreign individuals | 22.69% | 50 |
| Other corporations | 3.90% | 106 |
| Foreign institutions | 2.40% | 51 |
| Securities firms | 2.10% | 23 |
| Financial institutions | 0.64% | 3 |
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 | 山中 信哉 | 12,327,080 | 18.01% |
| 2 | ロバート・アンドリュー・ヤング | 8,391,960 | 12.26% |
| 3 | マーティン・フレイザー・マッカラック | 8,391,960 | 12.26% |
| 4 | 内藤 征吾 | 2,287,200 | 3.34% |
| 5 | HIKARI TSUSHIN INVESTMENTS OKINAWA株式会社 | 1,390,100 | 2.03% |
| 6 | 光通信KK投資事業有限責任組合 | 1,137,500 | 1.66% |
| 7 | 浜本 憲至 | 732,000 | 1.06% |
| 8 | 大和証券株式会社 | 638,068 | 0.93% |
| 9 | 花光 雅丸 | 545,400 | 0.79% |
| 10 | BNY GCM CLIENT ACCOUNT JPRD AC ISG (FE-AC) | 446,831 | 0.65% |
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.