Stock Information
Shareholder Composition

Major Shareholders (Top 10)
| Name of shareholder | No. of shares | % of outstanding shares | |
| 1 | Jyu-seikatsu Realty Corporation | 15,900,000 | 9.06% |
| 2 | Yusuke Miyama | 11,810,974 | 6.73% |
| 3 | Stockholding Association for Leopalace21's Business Connections | 5,680,300 | 3.24% |
| 4 | Leopalace21 Corporation | 4,568,950 | 2.60% |
| 5 | Morgan Stanley & Company International PLC (Standing proxy: Morgan Stanley MUFG Securities Co., Ltd.) |
4,092,965 | 2.33% |
| 6 | Toyo Kanetsu K.K. | 2,745,900 | 1.57% |
| 7 | Goldman Sachs International (Standing proxy: Goldman Sachs Japan Co., Ltd.) |
2,489,000 | 1.42% |
| 8 | Sumitomo Mitsui Banking Corporation, Trust Account | 2,298,900 | 1.31% |
| 9 | Bank of New York GCM Client Account JPRDISGFEAC (Standing proxy: Bank of Tokyo-Mitsubishi UFJ) |
2,026,144 | 1.15% |
| 10 | Stockholding Association for Leopalace21's Employees | 1,932,290 | 1.10% |



