As reported in the annual securities report, 2026-03-31.
| Foreign institutions | 2.68% |
|---|---|
| Individuals | 65.72% |
| Top 10 holders | 46.07% |
| Total shareholders | 1,981 |
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 | 65.72% | 1,890 |
| Other corporations | 26.29% | 43 |
| Securities firms | 4.28% | 18 |
| Foreign institutions | 2.68% | 17 |
| Financial institutions | 0.98% | 2 |
| Foreign individuals | 0.04% | 11 |
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 | 株式会社スマイル | 1,100,000 | 20.07% |
| 2 | 光通信KK投資事業有限責任組合 | 323,600 | 5.90% |
| 3 | セレスポ従業員持株会 | 213,198 | 3.89% |
| 4 | 上田八木短資株式会社 | 189,100 | 3.45% |
| 5 | 關 俊太 | 170,000 | 3.10% |
| 6 | 稲葉 利彦 | 146,202 | 2.67% |
| 7 | 野村證券株式会社 | 121,800 | 2.22% |
| 8 | 磯野 正美 | 102,000 | 1.86% |
| 9 | 北原 美子 | 80,000 | 1.46% |
| 10 | 田代 剛 | 79,684 | 1.45% |
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.