CEL Ownership

Who are the major shareholders and have insiders been buying or selling?

Recent Insider Transactions

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.

Top 18 shareholders own 92.17% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
61%	Masashi Shinno	2,104,000	JP¥8.8b	0%	no data
11.6%	Makitech Co., Ltd.	400,000	JP¥1.7b	0%	no data
4.08%	CEL Corporation, Employee Shareholding Association	141,000	JP¥592.2m	0%	no data
3.29%	Hikari Tsushin, Inc.	113,400	JP¥476.3m	0%	no data
2.32%	IBG LLC, Asset Management Arm	80,000	JP¥336.0m	0%	0.37%
1.69%	Rakuten Investment Management, Inc.	58,500	JP¥245.7m	0%	0.12%
1.45%	Hanwa Co., Ltd.	50,000	JP¥210.0m	0%	no data
1.26%	SBI Holdings Inc., Asset Management Arm	43,400	JP¥182.3m	0%	0.07%
1.16%	Tomiya Kaimoto	40,000	JP¥168.0m	0%	no data
1.16%	Takaya Kaimoto	40,000	JP¥168.0m	0%	no data
1.16%	Chiyoko Kaimoto	40,000	JP¥168.0m	0%	no data
0.58%	Takashi Yamaguchi	20,000	JP¥84.0m	0%	no data
0.58%	Masayoshi Nishimoto	20,000	JP¥84.0m	0%	no data
0.29%	Toshimi Watase	10,000	JP¥42.0m	0%	no data
0.29%	Kenichi Suzuki	10,000	JP¥42.0m	0%	no data
0.15%	Satoshi Oguri	5,101	JP¥21.4m	0%	no data
0.12%	Masami Tsuchiya	4,000	JP¥16.8m	0%	no data
0.064%	Masafumi Oshima	2,200	JP¥9.2m	0%	no data