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 80.55% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
26.6%	SNK Y.K.	6,936,600	JP¥9.5b	0%	no data
24.6%	Hikari Tsushin, Inc.	6,394,600	JP¥8.8b	0%	no data
13.1%	Hideo Okubo	3,420,800	JP¥4.7b	0%	no data
6.03%	Hiroko Okubo	1,570,000	JP¥2.2b	0%	no data
4.19%	Forval Corp, ESOP	1,091,300	JP¥1.5b	0%	no data
1.87%	Ryuichiro Suzuki	488,000	JP¥669.0m	0%	no data
1.04%	Takabun Communications., LTD.	270,200	JP¥370.4m	0%	no data
0.97%	Nomura Asset Management Co., Ltd.	252,300	JP¥345.9m	-1.21%	no data
0.46%	Nikko Asset Management Co., Ltd.	120,200	JP¥164.8m	-1.31%	no data
0.44%	Daiwa Asset Management Co., Ltd.	114,800	JP¥157.4m	-2.13%	no data
0.33%	Masanori Nakajima	87,000	JP¥119.3m	0%	no data
0.3%	Dimensional Fund Advisors LP	77,288	JP¥106.0m	0%	no data
0.2%	Mitsubishi UFJ Asset Management Co., Ltd.	50,800	JP¥69.6m	-12.3%	no data
0.18%	Koji Kato	46,200	JP¥63.3m	0%	no data
0.047%	Asset Management One Co., Ltd.	12,200	JP¥16.7m	-0.81%	no data
0.045%	Sumitomo Mitsui Trust Asset Management Co., Ltd.	11,600	JP¥15.9m	0%	no data
0.038%	BlackRock, Inc.	10,000	JP¥13.7m	0%	no data
0.036%	Tokio Marine Asset Management Co., Ltd.	9,400	JP¥12.9m	0%	no data
0.027%	Tsuyoshi Tanii	7,000	JP¥9.6m	0%	no data
0.01%	Norinchukin Zenkyoren Asset Management Co., Ltd.	2,700	JP¥3.7m	0%	no data
0.0095%	Amundi Asset Management SAS	2,480	JP¥3.4m	0%	no data
0.0061%	Resona Asset Management Co., Ltd.	1,600	JP¥2.2m	0%	no data
0.0061%	Hiroyuki Suzuki	1,600	JP¥2.2m	0%	no data
0.0031%	Sumitomo Mitsui DS Asset Management Company, Limited	800	JP¥1.1m	0%	no data
0.0027%	State Street Global Advisors, Inc.	700	JP¥960.5k	0%	no data