IPS 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 71.8% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
42.4%	Fountain Y.K.	965,000	JP¥1.2b	0%	no data
5.62%	Hiroshi Watanabe	128,000	JP¥162.2m	0%	no data
3%	Hiroyuki Koike	68,400	JP¥86.7m	0%	no data
2.85%	SBI Holdings Inc., Asset Management Arm	64,943	JP¥82.3m	36.9%	0.03%
2.57%	Satoshi Takada	58,600	JP¥74.2m	0%	no data
2.45%	Harumi Tanaka	55,700	JP¥70.6m	0%	no data
2.29%	Takenori Noguchi	52,100	JP¥66.0m	0%	no data
2.11%	Hiroshi Yamashita	48,000	JP¥60.8m	0%	no data
1.68%	Naohiko Kuge	38,200	JP¥48.4m	0%	no data
1.32%	Hideyuki Doi	30,000	JP¥38.0m	0%	no data
1.08%	Rakuten Investment Management, Inc.	24,500	JP¥31.0m	-17.8%	0.02%
0.97%	Koji Hayashi	22,000	JP¥27.9m	0%	no data
0.88%	Shunji Kono	20,000	JP¥25.3m	0%	no data
0.88%	Mitsuhiro Nagasawa	20,000	JP¥25.3m	0%	no data
0.75%	Shinsuke Kitayama	17,000	JP¥21.5m	0%	no data
0.5%	Tomoko Nakagawa	11,400	JP¥14.4m	0%	no data
0.45%	Takuo Enoki	10,300	JP¥13.1m	0%	no data
0.066%	Kunihiro Anraku	1,500	JP¥1.9m	0%	no data