Forval 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 79.03% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
26.9%	SNK Y.K.	6,905,600	JP¥9.0b	0%	no data
24.4%	Hikari Tsushin, Inc.	6,267,300	JP¥8.1b	0.79%	no data
13.3%	Hideo Okubo	3,420,800	JP¥4.4b	0%	no data
6.11%	Hiroko Okubo	1,570,000	JP¥2.0b	0%	no data
4.21%	Forval Corp, ESOP	1,082,000	JP¥1.4b	0%	no data
1.05%	Takabun Communications., LTD.	270,200	JP¥350.7m	0%	no data
0.97%	Nomura Asset Management Co., Ltd.	250,500	JP¥325.1m	0.6%	no data
0.46%	Nikko Asset Management Co., Ltd.	119,300	JP¥154.9m	1.71%	no data
0.45%	Daiwa Asset Management Co., Ltd.	115,600	JP¥150.0m	1.05%	no data
0.34%	Masanori Nakajima	87,000	JP¥112.9m	0%	no data
0.27%	Dimensional Fund Advisors LP	68,418	JP¥88.8m	0.05%	no data
0.23%	Mitsubishi UFJ Asset Management Co., Ltd.	60,300	JP¥78.3m	-2.27%	no data
0.18%	Koji Kato	46,200	JP¥60.0m	0%	no data
0.046%	Sumitomo Mitsui Trust Asset Management Co., Ltd.	11,800	JP¥15.3m	0.85%	no data
0.044%	Asset Management One Co., Ltd.	11,400	JP¥14.8m	-3.39%	no data
0.039%	BlackRock, Inc.	10,000	JP¥13.0m	0%	no data
0.027%	Tsuyoshi Tanii	7,000	JP¥9.1m	0%	no data
0.018%	Tokio Marine Asset Management Co., Ltd.	4,600	JP¥6.0m	0%	no data
0.014%	Norinchukin Zenkyoren Asset Management Co., Ltd.	3,500	JP¥4.5m	34.6%	no data
0.0097%	Amundi Asset Management SAS	2,480	JP¥3.2m	0%	no data
0.0062%	Hiroyuki Suzuki	1,600	JP¥2.1m	0%	no data
0.0031%	Sumitomo Mitsui DS Asset Management Company, Limited	800	JP¥1.0m	14.3%	no data
0.0031%	Resona Asset Management Co., Ltd.	800	JP¥1.0m	0%	no data
0.0031%	Hitachi Investment Management, Ltd.	800	JP¥1.0m	0%	no data
0.0027%	State Street Global Advisors, Inc.	700	JP¥907.7k	0%	no data