Stock Information
As of March 31, 2026
Number of shares authorized for issuance
54,000,000 shares
Number of shares issued and outstanding
21,137,213 shares
Number of shareholders
24,612
Structure of Shareholder
| Owner | Number of shares (shares) | Ratio to total |
| Individual and other investors | 9,896,503 | 46.82% |
| Domestic Corporations | 4,649,434 | 22.00% |
| Overseas Corporations | 4,619,566 | 21.86% |
| Financial Institutions | 1,817,300 | 8.60% |
| Securities Companies | 154,410 | 0.73% |
| 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) | 1,285.3 |
| Ichiro Takayama | 1,056.4 |
| Ken Takayama | 1,056.4 |
| Ryutaro Takayama | 1,056.3 |
| Hakuto Employee Stock Ownership Plan | 543.3 |
| SMBC Trust Bank Ltd. (Sumitomo Mitsui Banking Corporation retirement trust account) |
241.0 |
| JP MORGAN CHASE BANK 385781 | 146.3 |
| BNYM AS AGT/CLTS NON TREATY JASDEC | 136.8 |
| Custody Bank of Japan, Ltd. (trust account) | 130.3 |
- *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.