Major Shareholders

As of July 31, 2025

Name	Number of Shares Held	Ratio (%)*
Sekiguchi Kogyo Co., Ltd.	2,126,000	20.00
Artner Employee Stock Ownership Association	808,648	7.61
Osaka Small and Medium Business Investment and Consultation Co., Ltd.	480,000	4.51
BBH FOR FIDELITY LOW-PRICED STOCK FUND （Standing Proxy: MUFG Bank, Ltd.）	233,859	2.20
HARIGAE Tomonori	140,840	1.32
THE BANK OF NEW YORK MELLON 140040 （Standing Proxy: Settlement and Clearing Services Division, Mizuho Bank, Ltd.）	138,059	1.29
OKUSAKA Kazuya	115,380	1.08
IZUMO Hiroyuki	100,000	0.94
The Nomura Trust and Banking Co., Ltd. (Investment Trust Account)	75,000	0.70
STATE STREET BANK AND TRUST COMPANY 505044 （Standing Proxy: Settlement and Clearing Services Division, Mizuho Bank, Ltd.）	75,000	0.70
Total	4,292,786	40.40

* The number of shares owned as a proportion of the total number of issued shares (excluding treasury stock). The figures are rounded to two decimal places.
* The number of shares owned respectively by The Master Trust Bank of Japan, Ltd. (Trust Account) is related to trust operations.