Stock Information
As of March 31, 2025
Number of shares authorized for issuance
54,000,000 shares
Number of shares issued and outstanding
21,137,213 shares
Number of shareholders
26,646
Structure of Shareholder
Owner | Number of shares (shares) | Ratio to total |
Individual and other investors | 10,134,298 | 47.95% |
Domestic Corporations | 4,611,245 | 21.82% |
Overseas Corporations | 3,815,985 | 18.05% |
Financial Institutions | 2,424,300 | 11.47% |
Securities Companies | 151,385 | 0.72% |
Total | 21,137,213 | 100.00% |

Major Shareholders
Name of shareholder | Number of shares held (thousand shares) |
Takayama International Education Foundation | 4,226.2 |
The Master Trust Bank of Japan, Ltd. (trust account) | 1,828.0 |
Ichiro Takayama | 1,058.9 |
Ken Takayama | 1,058.9 |
Ryutaro Takayama | 1,058.8 |
Hakuto Employee Stock Ownership Plan | 513.2 |
SMBC Trust Bank Ltd. (Sumitomo Mitsui Banking Corporation retirement trust account) |
241.0 |
BNYM AS AGT/CLTS NON TREATY JASDEC | 154.4 |
Custody Bank of Japan, Ltd. (trust account) | 145.5 |
STATE STREET BANK WEST CLIENT - TREATY 505234 | 105.5 |
- *Numbers of shares held are rounded down to the nearest 100 shares.
- *2,320.5 thousand of treasury shares are excluded from the list of major shareholders shown above.