State of Shareholders

Total Number of Shares lssued15,795,959 shares
Number of Shareholders10,443 people

As of 29 September, 2025

Major Shareholders

RankName of shareholderShares heldOwnership ratio
1Name of shareholder: Koichiro Yoshida Shares held: 3,738,840Ownership ratio: 23.66%
2Name of shareholder: CyberAgent, Inc. Shares held: 1,514,100Ownership ratio: 9.58%
3Name of shareholder: Custody Bank of Japan, Ltd. Shares held: 466,300Ownership ratio: 2.95%
4Name of shareholder: THE BANK OF NEW YORK 133652 Shares held: 397,700Ownership ratio: 2.51%
5Name of shareholder: Rakuten Securities Shares held: 346,100Ownership ratio: 2.19%
6Name of shareholder: Shinichi Nomura Shares held: 322,200Ownership ratio: 2.03%
7Name of shareholder: BBH LUX/BROWN BROTHERS HARRIMAN (LUXEMBOURG) SCA CUSTODIAN FOR SMD-AM FUNDS - DSBI JAPAN EQUITY SMALL CAP ABSOLUTE VALUE Shares held: 250,000Ownership ratio: 1.58%
8Name of shareholder: BNY GCM CLIENT ACCOUNT JPRD AC ISG(FE-AC) Shares held: 226,456Ownership ratio: 1.43%
9Name of shareholder: Ryota Matsuzaki Shares held: 200,000Ownership ratio: 1.26%
10Name of shareholder: THE BANK OF NEW YORK MELLON 140051 Shares held: 180,200Ownership ratio: 1.14%

As of 29 September, 2025

Shareholder distribution

By number of shares

個人 67.6% 海外機関投資家 13.7% 国内機関投資家 7.7% その他法人 11.0%