As reported in the annual securities report, 2026-03-31.
| Foreign institutions | 5.42% |
|---|---|
| Individuals | 68.35% |
| Top 10 holders | 43.41% |
| Total shareholders | 3,545 |
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 | 68.35% | 3,465 |
| Other corporations | 15.92% | 12 |
| Securities firms | 9.87% | 19 |
| Foreign institutions | 5.42% | 20 |
| Foreign individuals | 0.28% | 27 |
| Financial institutions | 0.17% | 2 |
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 | 根岸 正州 | 960,000 | 8.61% |
| 2 | 株式会社マネジメントベース | 800,000 | 7.17% |
| 3 | 飯塚 健 | 480,000 | 4.30% |
| 4 | 奥津 泰彦 | 467,000 | 4.19% |
| 5 | 株式会社ベルシステム | 416,000 | 3.74% |
| 6 | 株式会社DKマネジメント | 400,000 | 3.59% |
| 7 | 渡辺 誠 | 391,000 | 3.51% |
| 8 | 楽天証券株式会社共有口 | 355,000 | 3.19% |
| 9 | 田島 大輔 | 290,000 | 2.60% |
| 10 | 山下 博 | 280,000 | 2.51% |
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.