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Tokyo Stock Exchange · Consumer Cyclical

Invest in AUTOWAVE stock from India

Indian and foreign residents can buy AUTOWAVE (2666) shares directly through Paasa.

By Paasa · Updated

AUTOWAVE at a glance

Price
¥188.00-¥2.00 (1.05%)
Market cap
¥2.72B
Day range
¥187.00 – ¥191.00
P/E
6.21
Dividend yield
2.13%
Volume
35.40K
1 month
+2.73%
6 months
+21.29%
YTD
+16.05%
1 year
+13.94%
5 years
+59.32%

Live chart and statistics

AUTOWAVE statements, FY2021–FY2025

Fiscal year20252024202320222021
Revenue¥9.8B¥8.9B¥8.4B¥8.0B¥7.4B
Gross profit¥2.9B¥2.6B¥2.6B¥2.6B¥2.3B
Operating income¥318.7M¥274.5M¥333.7M¥296.1M¥149.0M
Net income¥441.6M¥268.7M¥263.1M¥259.6M¥141.1M
Earnings per share¥30.56¥18.60¥18.21¥17.96¥9.76
EBITDA¥446.6M¥626.1M¥693.7M¥645.6M¥492.1M
Total assets¥7.9B¥7.6B¥7.4B¥7.5B¥7.6B
Total debt¥1.4B¥1.6B¥1.8B¥2.0B¥2.2B
Cash and short-term investments¥765.5M¥529.7M¥650.7M¥606.7M¥764.2M
Shareholders' equity¥4.5B¥4.1B¥3.9B¥3.7B¥3.4B
Operating cash flow¥564.8M¥325.1M¥537.5M¥367.8M¥560.3M
Free cash flow¥517.4M¥136.4M¥413.8M¥207.0M¥394.7M
Capital expenditure−¥47.4M−¥188.7M−¥123.7M−¥160.8M−¥165.7M

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
Takachiho8225.T¥3,865.00¥2.70B
Muraki7477.T¥1,680.00¥2.38B
Banners3011.T¥143.00¥2.19B
JSS6074.T¥509.00¥2.05B
Daiwa8247.T¥355.00¥1.99B
Bunkyodo9978.T¥45.00¥1.97B
Poplar7601.T¥163.00¥1.92B
PIXTA3416.T¥878.00¥1.52B

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

How to invest in AUTOWAVE 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 2666 and buy

    Find AUTOWAVE by name or by its ticker, 2666, and place your order. The Tokyo Stock Exchange typically trades in units of 100 shares.

Why invest in AUTOWAVE from India

What AUTOWAVE does

AUTOWAVE Co., Ltd., a Japanese company headquartered in Chiba and established in 1960, specializes in providing a comprehensive array of automotive products and related services. Their extensive offerings encompass essential car supplies like tires, wheels, oils, and batteries, alongside specialized services such as vehicle inspections and sheet metal repairs. AUTOWAVE operates in the Specialty Retail industry within the Consumer Cyclical 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 AUTOWAVE 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 AUTOWAVE stock from India?

Yes. Indian residents and NRIs can buy AUTOWAVE (2666) shares directly through Paasa. AUTOWAVE is listed on the Tokyo Stock Exchange, in the Specialty Retail 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 AUTOWAVE share?

Usually more than one, and not a fraction: the Tokyo Stock Exchange typically trades in units of 100 shares. At ¥188.00 a share, size the order by the lot, not by the share.

How are AUTOWAVE 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. AUTOWAVE’s current yield is 2.13%. 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 AUTOWAVE 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 AUTOWAVE 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 AUTOWAVE alone.

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