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Investor Relations

Major Shareholders

As of end of March 2025

Name of ShareholdersNumber of Shares HeldShareholding ratio
The Master Trust Bank of Japan, Ltd. (Trust account) 1,367,200 15.66%
Ad-Sol Nissin Employee Shareholding Association 667,100 7.64%
INTEC Inc. 316,300 3.62%
Custody Bank of Japan, Ltd.(Tusut account) 253,000 2.90%
Custody Bank of Japan, Ltd. (Trust account B) 191,100 2.19%
Mizuho Bank, Ltd. 186,000 2.13%
Value HR Co.,Ltd. 171,700 1.97%
Tomizo Ueda 138,800 1.59%
MUFG Bank, Ltd. 138,000 1.58%
Mitsubishi Electric Software Corporation 132,000 1.51%
Total 3,561,200 40.79%

* Ad-Sol Nissin holds 215,121 shares of treasury stock but is not included in the list of major shareholders above.
* On April 1, 2025, the Company conducted a 2-for-1 stock split.