| 1 | 9271 Wagokoro co., ltd. | 57.0% | FY2025 |
| 2 | 3556 RenetJapanGroup,Inc. | 56.6% | FY2024 |
| 3 | 3260 ESPOIR Co.,Ltd. | 55.5% | FY2025 |
| 4 | 6026 GMO TECH,Inc. | 54.9% | FY2024 |
| 5 | 296A Reiwa Accounting Holdings Co., Ltd. | 53.9% | FY2025 |
| 6 | 9552 Quants Research Institute Holdings,Inc.(旧英訳名 M&A Research Institute Holdings Inc.) | 53.8% | FY2024 |
| 7 | 2404 TETSUJIN Holdings,Inc. | 52.3% | FY2024 |
| 8 | 6547 GREENS CO.,LTD. | 51.8% | FY2024 |
| 9 | 7256 KASAI KOGYO CO., LTD. | 51.3% | FY2025 |
| 10 | 3923 RAKUS Co., Ltd. | 50.3% | FY2025 |
| 11 | 3909 Showcase Inc. | 49.4% | FY2025 |
| 12 | 6857 ADVANTEST CORPORATION | 47.2% | FY2025 |
| 13 | 3092 ZOZO, Inc. | 46.5% | FY2025 |
| 14 | 8848 LEOPALACE21 CORPORATION | 45.6% | FY2025 |
| 15 | 6045 Rentracks CO.,LTD. | 45.1% | FY2025 |
| 16 | 4776 Cybozu, Inc. | 44.6% | FY2025 |
| 17 | 4704 Trend Micro Incorporated | 44.4% | FY2025 |
| 18 | 7936 ASICS Corporation | 43.6% | FY2025 |
| 19 | 3843 FreeBit Co., Ltd. | 43.4% | FY2024 |
| 20 | 7595 ARGO GRAPHICS Inc. | 42.5% | FY2025 |
| 21 | 202A MAMEZO CO., LTD.
（旧英訳名 MAMEZO DIGITAL HOLDINGS CO.,LTD.）
（注）2025年６月25日開催の定時株主総会の決議により、2025年10月１日 をもって会社名及び英訳名を上記のとおり変更いたしました。） | 42.1% | FY2024 |
| 22 | 4784 GMO Internet, Inc. | 41.9% | FY2025 |
| 23 | 6920 Lasertec Corporation | 40.7% | FY2024 |
| 24 | 3202 Daitobo Co., Ltd. | 40.5% | FY2025 |
| 25 | 8136 Sanrio Company, Ltd. | 40.4% | FY2025 |
| 26 | 7365 CHIC Holdings INC. | 40.2% | FY2020 |
| 27 | 5137 SmartDrive inc. | 39.9% | FY2024 |
| 28 | 285A Kioxia Holdings Corporation | 39.6% | FY2025 |
| 29 | 415A GMO TECH Holdings, Inc. | 39.1% | FY2025 |
| 30 | 4346 NEXYZ.Group Corporation | 38.9% | FY2024 |
| 31 | 2124 JAC Recruitment Co., Ltd. | 38.3% | FY2025 |
| 32 | 2173 Hakuten Corporation | 38.3% | FY2025 |
| 33 | 3370 FUJITA CORPORATION Co.,Ltd. | 37.8% | FY2025 |
| 34 | 7318 SERENDIP HOLDINGS Co.,Ltd. | 37.5% | FY2025 |
| 35 | 4417 Global Security Experts Inc. | 37.2% | FY2025 |
| 36 | 4506 Sumitomo Pharma Co., Ltd. | 36.5% | FY2025 |
| 37 | 4475 HENNGE K.K. | 36.3% | FY2024 |
| 38 | 9417 Smartvalue Co.,Ltd. | 36.0% | FY2024 |
| 39 | 6753 Sharp Corporation | 36.0% | FY2025 |
| 40 | 3135 MarketEnterprise Co.,Ltd. | 35.7% | FY2024 |
| 41 | 319A Next Generation Technology Group Inc. | 35.6% | FY2025 |
| 42 | 3103 UNITIKA LTD. | 35.3% | FY2025 |
| 43 | 5803 Fujikura Ltd. | 34.7% | FY2025 |
| 44 | 7777 3-D Matrix,Ltd. | 34.6% | FY2025 |
| 45 | 4259 ExaWizards Inc. | 33.8% | FY2025 |
| 46 | 7187 J-LEASE CO.,LTD. | 33.5% | FY2025 |
| 47 | 3271 The Global Ltd. | 33.4% | FY2024 |
| 48 | 6200 Insource Co.,Ltd. | 33.2% | FY2024 |
| 49 | 3565 Ascentech K.K. | 33.1% | FY2025 |
| 50 | 2412 Benefit One Inc. | 32.8% | FY2022 |
| 51 | 7378 ASIRO Inc. | 32.7% | FY2024 |
| 52 | 4168 Ｙａｐｐｌｉ, Ｉｎｃ. | 32.7% | FY2025 |
| 53 | 4482 WILLs Inc. | 32.5% | FY2025 |
| 54 | 6532 BayCurrent, Inc. | 32.3% | FY2025 |
| 55 | 3633 GMO Pepabo, Inc. | 32.3% | FY2025 |
| 56 | 7080 Sportsfield Co., Ltd. | 32.2% | FY2025 |
| 57 | 4837 SHiDAX CORPORATION | 32.1% | FY2022 |
| 58 | 2705 OOTOYA Holdings Co., Ltd. | 32.1% | FY2025 |
| 59 | 3968 Ｓｅｇｕｅ Ｇｒｏｕｐ Ｃｏ．，Ｌｔｄ． | 32.0% | FY2025 |
| 60 | 8035 Tokyo Electron Limited | 32.0% | FY2025 |
| 61 | 7148 Financial Partners Group Co.,Ltd. | 32.0% | FY2024 |
| 62 | 7814 JAPAN Creative Platform Group Co.,Ltd. | 31.9% | FY2025 |
| 63 | 4413 baudroie,inc. | 31.8% | FY2025 |
| 64 | 2323 fonfun corporation | 31.8% | FY2025 |
| 65 | 3326 RUNSYSTEM CO.,LTD. | 31.6% | FY2025 |
| 66 | 7169 NFC HOLDINGS,Inc. | 31.6% | FY2021 |
| 67 | 5136 ｔｒｉｐｌａ Co., Ltd. | 31.5% | FY2024 |
| 68 | 2983 Ａｒｒ Ｐｌａｎｎｅｒ Ｃｏ.,Ｌｔｄ. | 31.4% | FY2025 |
| 69 | 3854 Ｉ’ＬＬ ＩＮＣ. | 31.4% | FY2024 |
| 70 | 6098 Recruit Holdings Co., Ltd. | 31.4% | FY2025 |
| 71 | 9744 MEITEC Group Holdings Inc. | 31.3% | FY2025 |
| 72 | 7044 PIALA INC. | 31.1% | FY2025 |
| 73 | 7068 Feedforce Group Inc. | 31.1% | FY2024 |
| 74 | 4337 PIA CORPORATION | 31.1% | FY2025 |
| 75 | 9722 FUJITA KANKO INC. | 31.1% | FY2025 |
| 76 | 421A Movin' Strategic Career CO., LTD. | 31.0% | FY2025 |
| 77 | 3486 GLOBAL LINK MANAGEMENT INC. | 31.0% | FY2025 |
| 78 | 6561 HANATOUR JAPAN CO.,LTD. | 30.9% | FY2025 |
| 79 | 5343 ＮＩＫＫＯ ＣＯＭＰＡＮＹ | 30.8% | FY2025 |
| 80 | 277A Ｇｌｏｂｅ－ｉｎｇ Ｉｎｃ． | 30.7% | FY2024 |
| 81 | 3661 m-up holdings, Inc. | 30.7% | FY2025 |
| 82 | 7033 Management Solutions Co.,Ltd. | 30.6% | FY2025 |
| 83 | 4481 BASE CO., LTD. | 30.5% | FY2025 |
| 84 | 2362 YUMESHIN HOLDINGS CO.,LTD. | 30.4% | FY2019 |
| 85 | 8885 L'attrait Co., Ltd. | 30.4% | FY2019 |
| 86 | 4828 Business Engineering Corporation | 30.3% | FY2025 |
| 87 | 3073 DD GROUP Co.,Ltd. | 30.2% | FY2024 |
| 88 | 2158 FRONTEO, Inc. | 30.1% | FY2025 |
| 89 | 6777 santec Holdings Corporation | 30.1% | FY2025 |
| 90 | 7359 Tokyo Communications Group,Inc. | 30.1% | FY2025 |
| 91 | 9343 ibis inc. | 29.9% | FY2025 |
| 92 | 6544 JAPAN ELEVATOR SERVICE HOLDINGS CO.,LTD. | 29.8% | FY2025 |
| 93 | 4371 Core Concept Technologies Inc. | 29.7% | FY2025 |
| 94 | 7089 for Startups, Inc. | 29.7% | FY2025 |
| 95 | 3830 GIGA PRIZE CO.,LTD. | 29.6% | FY2023 |
| 96 | 3935 Edia Co.,Ltd. | 29.5% | FY2025 |
| 97 | 7059 COPRO-HOLDINGS. Co., Ltd. | 29.1% | FY2025 |
| 98 | 3692 ＦＦＲＩ Ｓｅｃｕｒｉｔｙ， Ｉｎｃ． | 29.1% | FY2025 |
| 99 | 2700 KITOKU SHINRYO CO., LTD. | 29.0% | FY2025 |
| 100 | 3489 FaithNetwork Co.,Ltd | 28.9% | FY2025 |