FORVAL TELECOM,INC.

9445 TSE Technology Information & Communication
TSE Standard

Shareholding pattern

As reported in the annual securities report, 2026-03-31.

Foreign institutions0.38%
Individuals26.63%
Top 10 holders81.91%
Total shareholders4,577

Who owns the company

Share of voting units
Other corporations: 72.48%Individuals & others: 26.63%Securities firms: 0.4%Foreign institutions: 0.38%Financial institutions: 0.09%Foreign individuals: 0.02%72.5%Other corporations
Other corporations 72.48%Individuals & others 26.63%Securities firms 0.4%Foreign institutions 0.38%Financial institutions 0.09%Foreign individuals 0.02%

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.

Ownership Trend

Holding %, recent years
020406080FY23FY24FY25FY26FY2023 — Foreign institutions: 1 %FY2024 — Foreign institutions: 1 %FY2025 — Foreign institutions: 0 %FY2026 — Foreign institutions: 0 %FY2023 — Financial institutions: 0 %FY2024 — Financial institutions: 0 %FY2025 — Financial institutions: 0 %FY2026 — Financial institutions: 0 %FY2023 — Individuals: 22 %FY2024 — Individuals: 22 %FY2025 — Individuals: 20 %FY2026 — Individuals: 27 %FY2023 — Other corporations: 77 %FY2024 — Other corporations: 77 %FY2025 — Other corporations: 79 %FY2026 — Other corporations: 72 %FY2023 — Securities firms: 1 %FY2024 — Securities firms: 1 %FY2025 — Securities firms: 0 %FY2026 — Securities firms: 0 %
Foreign institutionsFinancial institutionsIndividualsOther corporationsSecurities firms

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.

Ownership detail

Investor categoryHolding %Shareholders
Other corporations72.48%34
Individuals & others26.63%4,497
Securities firms0.40%13
Foreign institutions0.38%12
Financial institutions0.09%1
Foreign individuals0.02%20

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.

Largest shareholders

S.No.ShareholderSharesStake %
1株式会社フォーバル11,754,20070.15%
2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1,089,3006.50%
3UH 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 2191,0001.14%
4光通信株式会社167,5001.00%
5谷井 剛158,7000.95%
6関根 芳喜82,5000.49%
7フォーバルテレコム社員持株会80,6000.48%
8株式会社原一平商会76,0000.45%
9廣瀬 公則65,2000.39%
10青山 泰長60,9000.36%

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.

Educational data only. Not a recommendation to buy, sell or hold any security.