As reported in the annual securities report, 2025-12-31.
| Foreign institutions | 1.27% |
|---|---|
| Individuals | 46.32% |
| Top 10 holders | 86.67% |
| Total shareholders | 4,048 |
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 | 51.66% | 46 |
| Individuals & others | 46.32% | 3,943 |
| Foreign institutions | 1.27% | 40 |
| Securities firms | 0.71% | 15 |
| Financial institutions | 0.02% | 1 |
| Foreign individuals | 0.00% | 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 | 株式会社オリーブグラス | 3,964,700 | 32.39% |
| 2 | 株式会社日本ビジネス開発 | 1,335,000 | 10.91% |
| 3 | アイビー投資事業有限責任組合無限責任組合員 株式会社アイビー | 952,300 | 7.78% |
| 4 | エヌオーアイ投資事業有限責任組合無限責任組合員 株式会社エヌオーアイ | 952,300 | 7.78% |
| 5 | UH Partners 3投資事業有限責任組合無限責任組合員 株式会社UH Partners 3 | 952,200 | 7.78% |
| 6 | UH Partners 2投資事業有限責任組合無限責任組合員 株式会社UH Partners 2 | 952,200 | 7.78% |
| 7 | ソフトバンク株式会社 | 715,500 | 5.85% |
| 8 | 西川 猛 | 367,000 | 3.00% |
| 9 | 光通信KK投資事業有限責任組合無限責任組合員 光通信株式会社 | 219,000 | 1.79% |
| 10 | 高橋 新 | 197,600 | 1.61% |
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.