As of December 31, 2022

Principal Shareholders

Shareholders

Shares held

Percentage of total(%)

The Master Trust Bank of Japan ,Ltd.(Trust account）

2,067,800

16.53

Custody Bank of Japan, Ltd.(Trust account）

972,100

7.77

TAIYO HANEI FUND, L.P.

891,700

7.13

STATE　STREET　BANK　AND　TRUST　COMPANY　505227

852,400

6.82

TAIYO FUND，L．P.

439,300

3.51

Masahiro Tomioka

326,900

2.61

RE FUND 107-CLIENT AC

296,800

2.37

Roland DG Employees' Shareholding Association

239,906

1.92

THE BANK OF NEW YORK MELLON 140044

150,900

1.21

Roland Corporation

127,300

1.02

※Percentage of Shareholding is calculated excluding treasury stock (408 shares).

※Percentage of Shareholding is calculated by including 192,100 shares held by Custody Bank of Japan, Ltd. (Trust account) as trust assets for the directors' share benefit trust and the employee incentive plan "Share Benefit ESOP."

Share Held

Total 12,656,311

(As of December 31, 2022)

Share-holders

Share held excluded
individual investors and other

Total 19,415

(As of December 31, 2022)