As reported in the annual securities report, 2026-03-31.
| Foreign institutions | 4.60% |
|---|---|
| Individuals | 58.62% |
| Top 10 holders | 53.31% |
| Total shareholders | 3,024 |
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 | 58.62% | 2,953 |
| Other corporations | 29.49% | 25 |
| Securities firms | 7.03% | 18 |
| Foreign institutions | 4.60% | 11 |
| Foreign individuals | 0.20% | 16 |
| Financial institutions | 0.06% | 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 | 合同会社HAYAKAWA | 1,496,000 | 16.82% |
| 2 | マイルストーンキャピタルマネジメント株式会社 | 668,000 | 7.51% |
| 3 | 早川 良一 | 483,000 | 5.44% |
| 4 | 東海東京証券株式会社 | 456,000 | 5.13% |
| 5 | KGI ASIA LIMITED-CLIENT ACCOUNT(常任代理人 香港上海銀行東京支店) | 346,000 | 3.89% |
| 6 | 福光 一七 | 334,000 | 3.76% |
| 7 | 株式会社ジャパンシルバーフリース | 309,000 | 3.48% |
| 8 | 江川 源 | 239,000 | 2.69% |
| 9 | 成成株式会社 | 208,000 | 2.34% |
| 10 | 村瀬 晶久 | 200,000 | 2.25% |
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.