TOP CULTURELtd 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 25 shareholders own 66.75% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
22.6%	Tohan Corporation	3,526,400	JP¥490.2m	0%	no data
20.5%	Hideo Shimizu	3,193,998	JP¥444.0m	-3.62%	no data
15.5%	Culture Convenience Club Co., Ltd.	2,416,904	JP¥335.9m	0%	no data
1.9%	Daisuke Shimizu	296,200	JP¥41.2m	0.24%	no data
1.05%	The Hokuetsu Bank, Ltd., Asset Management Arm	164,000	JP¥22.8m	0%	0.74%
1.01%	Meiji Yasuda Asset Management Company Ltd.	158,400	JP¥22.0m	0%	0.01%
0.95%	SBI Okasan Asset Management Co., Ltd.	148,000	JP¥20.6m	0%	0.01%
0.91%	Koichiro Iijima	141,600	JP¥19.7m	0%	no data
0.85%	Top Culture Company Ltd., ESOP	132,312	JP¥18.4m	0%	no data
0.81%	Chieko Shimayama	125,700	JP¥17.5m	0%	no data
0.18%	Nomura Asset Management Co., Ltd.	28,600	JP¥4.0m	-47.3%	no data
0.16%	Masayoshi Ito	25,400	JP¥3.5m	0%	no data
0.078%	Nikko Asset Management Co., Ltd.	12,100	JP¥1.7m	-50.4%	no data
0.078%	Nao Sasagawa	12,100	JP¥1.7m	0%	no data
0.058%	Takenori Enkai	9,100	JP¥1.3m	0%	no data
0.057%	Mitsubishi UFJ Asset Management Co., Ltd.	8,900	JP¥1.2m	-38.6%	no data
0.037%	BlackRock, Inc.	5,800	JP¥806.1k	0%	no data
0.027%	Shoichi Yoshida	4,200	JP¥583.7k	0%	no data
0.024%	Tomoyuki Abe	3,700	JP¥514.3k	0%	no data
0.018%	Norinchukin Zenkyoren Asset Management Co., Ltd.	2,800	JP¥389.3k	12%	no data
0.017%	Asset Management One Co., Ltd.	2,700	JP¥375.4k	-20.6%	no data
0.0045%	Resona Asset Management Co., Ltd.	700	JP¥97.2k	0%	no data
0.0026%	State Street Global Advisors, Inc.	400	JP¥55.5k	0%	no data
0.0026%	AllianceBernstein L.P.	400	JP¥55.5k	0%	no data
0.0026%	Sumitomo Mitsui DS Asset Management Company, Limited	400	JP¥55.5k	0%	no data