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Tokyo Stock Exchange · Industrials

Invest in Asaka Industrial stock from India

Indian and foreign residents can buy Asaka Industrial (5962) shares directly through Paasa.

By Paasa · Updated

Asaka Industrial at a glance

Price
¥2,160.00+¥0.00 (0.00%)
Market cap
¥2.07B
Day range
¥2,160.00 – ¥2,160.00
P/E
4.63
Dividend yield
4.17%
Volume
100.00
1 month
+7.30%
6 months
+5.78%
YTD
+22.17%
1 year
+18.68%
5 years
+34.16%

Live chart and statistics

Asaka Industrial statements, FY2021–FY2025

Fiscal year20252024202320222021
Revenue¥8.4B¥8.4B¥8.6B¥8.6B¥8.6B
Gross profit¥2.3B¥2.3B¥2.3B¥2.2B¥2.2B
Operating income¥311.1M¥304.7M¥311.4M¥277.0M¥295.8M
Net income¥410.2M¥227.6M¥302.5M¥195.2M¥214.1M
Earnings per share¥427.05¥237.13¥315.15¥203.38¥223.04
EBITDA¥387.1M¥390.9M¥391.8M¥356.3M¥383.8M
Total assets¥7.0B¥6.9B¥7.4B¥7.0B¥7.0B
Total debt¥950.9M¥1.1B¥970.1M¥1.0B¥1.1B
Cash and short-term investments¥1.2B¥1.2B¥1.2B¥1.1B¥1.3B
Shareholders' equity¥4.6B¥4.2B¥4.0B¥3.5B¥3.3B
Operating cash flow¥96.6M¥234.1M¥27.2M¥42.7M¥496.3M
Free cash flow¥11.2M−¥96.6M−¥51.4M−¥30.0M¥435.2M
Capital expenditure−¥85.4M−¥330.6M−¥78.5M−¥72.7M−¥61.2M

Fiscal years as reported, the latest ending 31 Mar 2026. Figures in JPY; a dash means the provider reported nothing for that line.

Peer comparison

CompanyTickerPriceMarket cap
Tokyo Koki7719.T¥504.00¥3.61B
Japan Reliance Service4664.T¥1,138.00¥3.48B
Media Research Institute9242.T¥1,974.00¥2.43B
Lobtex5969.T¥1,203.00¥2.25B
Consec9895.T¥1,265.00¥2.22B
KITAC4707.T¥372.00¥2.08B
Inbound Tech7031.T¥717.00¥1.90B
CRG7041.T¥340.00¥1.90B

Peers as grouped by the data provider. This is not an investment recommendation.

How to invest in Asaka Industrial from India

  1. Step 1

    Open your Paasa account

    KYC takes a few minutes: PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.

  2. Step 2

    Add funds from your Indian bank account

    Remit up to $250,000 a year under the RBI's Liberalised Remittance Scheme. Your bank converts the rupees to US dollars at its rate on the day you remit, and Interactive Brokers converts the dollars to JPY when you buy.

  3. Step 3

    Search 5962 and buy

    Find Asaka Industrial by name or by its ticker, 5962, and place your order. The Tokyo Stock Exchange typically trades in units of 100 shares.

Why invest in Asaka Industrial from India

What Asaka Industrial does

Asaka Industrial Co., Ltd., a company with roots tracing back to 1661, operates from its headquarters in Sakai, Japan. The firm specializes in the manufacturing and distribution of shovels, spades, and an array of gardening tools throughout the country. Asaka Industrial operates in the Manufacturing - Tools & Accessories industry within the Industrials sector.

Paasa handles the paperwork

Investing abroad brings paperwork with it: remittance filings, capital gains reporting, foreign asset disclosure. Paasa prepares all of it for you. Your India-ready tax reports arrive at year end, ready to file.

Here's what inheritance rules in Japan mean for your Asaka Industrial shares.

Japan levies inheritance tax on Japan-located assets such as direct stocks, with an exemption of ¥30 million plus ¥6 million per statutory heir.

About inheritance tax in Japan

Frequently asked questions

Can I buy Asaka Industrial stock from India?

Yes. Indian residents and NRIs can buy Asaka Industrial (5962) shares directly through Paasa. Asaka Industrial is listed on the Tokyo Stock Exchange, in the Manufacturing - Tools & Accessories industry. Your money leaves India under the RBI's Liberalised Remittance Scheme and the shares are held in your own name at Interactive Brokers.

Do I need to buy a full Asaka Industrial share?

Usually more than one, and not a fraction: the Tokyo Stock Exchange typically trades in units of 100 shares. At ¥2,160.00 a share, size the order by the lot, not by the share.

How are Asaka Industrial dividends taxed for Indian investors?

Japan withholds a preferential 10% on dividends for Indian residents under the India–Japan DTAA rather than the higher domestic rate, and the tax withheld can be claimed as a foreign tax credit in India. Dividends are taxed at your slab rate in India. Asaka Industrial’s current yield is 4.17%. Paasa's dividend report lists the gross dividend and any tax withheld for each payment, which is what you need when you file.

What tax do I pay in India when I sell Asaka Industrial shares?

Japan generally does not levy capital gains tax on non-resident individual investors. In India, gains on shares held for more than 24 months are long-term and taxed at 12.5%, and gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate. Both are worked out in rupees at the JPY/INR rate on the day you bought and the day you sold, so the currency move is part of the gain. Paasa's capital-gains statement gives you the figures for your return.

What happens to my Asaka Industrial shares if I pass away?

Japan levies inheritance tax on Japan-located assets such as direct stocks, with an exemption of ¥30 million plus ¥6 million per statutory heir. The rule looks at everything you hold there, not at Asaka Industrial alone.

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