As reported in the annual securities report, 2026-03-31.
| Foreign institutions | 1.23% |
|---|---|
| Individuals | 94.26% |
| Top 10 holders | 36.24% |
| Total shareholders | 7,446 |
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 | 94.26% | 7,338 |
| Other corporations | 3.52% | 66 |
| Foreign institutions | 1.23% | 11 |
| Securities firms | 0.74% | 11 |
| Foreign individuals | 0.24% | 19 |
| 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 | 芝原 英司 | 1,908,000 | 24.69% |
| 2 | ショーエイ従業員持株会 | 248,000 | 3.21% |
| 3 | 吉岡 裕之 | 173,000 | 2.23% |
| 4 | 剣持 整 | 107,000 | 1.38% |
| 5 | 有村 芳文 | 78,000 | 1.01% |
| 6 | キョウエイ株式会社 | 77,000 | 0.99% |
| 7 | 山下 重子 | 61,000 | 0.78% |
| 8 | 藤原 秀仁 | 52,000 | 0.67% |
| 9 | オザックス株式会社 | 50,000 | 0.64% |
| 10 | 正垣 勝彦 | 50,000 | 0.64% |
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.