As reported in the annual securities report, 2025-08-31.
| Foreign institutions | 10.87% |
|---|---|
| Individuals | 38.37% |
| Top 10 holders | 72.51% |
| Total shareholders | 679 |
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 |
|---|---|---|
| Other corporations | 47.32% | 19 |
| Individuals & others | 38.37% | 620 |
| Foreign institutions | 10.87% | 19 |
| Securities firms | 3.32% | 14 |
| Foreign individuals | 0.11% | 6 |
| Financial institutions | 0.01% | 1 |
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 | 株式会社マネーフォワード | 398,000 | 20.30% |
| 2 | 株式会社ブルーマンデイ | 340,000 | 17.34% |
| 3 | インキュベイトファンド2号投資事業有限責任組合 | 194,763 | 9.93% |
| 4 | 株式会社Wiz | 114,200 | 5.83% |
| 5 | WiL Fund Ⅱ, L.P.(常任代理人 大和証券株式会社) | 110,960 | 5.66% |
| 6 | 中川 祥太 | 60,000 | 3.06% |
| 7 | IF Growth Opportunity FundI,L.P.(常任代理人 SMBC日興証券株式会社) | 56,320 | 2.87% |
| 8 | グリーンコインベスト投資事業有限責任組合 | 56,280 | 2.87% |
| 9 | STRIVE Ⅲ投資事業有限責任組合 | 49,899 | 2.55% |
| 10 | 合同会社Gunosy Capital | 41,200 | 2.10% |
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.