Investor Relations

Shareholder Composition

Main Shareholders (As of March 31, 2008)

Name Shares held (Shares) Percentage of shares
issued and outstanding (%)
Kiyoshi Nishikawa 30,046 23.7%
ngi group, inc. 12,271 9.7%
Satoshi Koike 11,516 9.1%
Hiroshi Mikitani 3,900 3.1%
Morgan Stanley and Co., Inc. 3,483 2.7%
Deutsche Bank AG London 3,097 2.4%
Japan Asia Investment Co., ltd. 3,000 2.4%
Kentaro Ichihara 2,630 2.1%
Japan Securities Finance Co., Ltd. 2,204 1.7%
Netyear Group, Inc. 1,830 1.4%

Overview of Share Ownership

By Type of Shareholder By Number of Shares Held