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Tokyo Stock Exchange · Technology

Invest in DAIKO XTECH stock from India

Indian and foreign residents can buy DAIKO XTECH (8023) shares directly through Paasa.

By Paasa · Updated

DAIKO XTECH at a glance

Price
¥1,046.00-¥9.00 (0.85%)
Market cap
¥13.25B
Day range
¥1,046.00 – ¥1,052.00
P/E
8.73
Dividend yield
3.44%
Volume
20.80K
1 month
+0.87%
6 months
-1.88%
YTD
-4.74%
1 year
-14.12%
5 years
+95.51%

Live chart and statistics

DAIKO XTECH statements, FY2021–FY2025

Fiscal year20252024202320222021
Revenue¥42.5B¥42.7B¥43.4B¥37.6B¥35.5B
Gross profit¥10.7B¥10.3B¥10.8B¥9.2B¥8.6B
Operating income¥1.9B¥2.4B¥2.9B¥1.9B¥1.6B
Net income¥1.4B¥1.7B¥1.8B¥996.4M¥1.2B
Earnings per share¥113.99¥129.89¥139.85¥75.03¥90.38
EBITDA¥2.5B¥2.8B¥3.3B¥1.9B¥2.1B
Total assets¥28.0B¥27.4B¥28.4B¥26.2B¥24.7B
Total debt¥2.1B¥2.4B¥2.4B¥2.7B¥3.1B
Cash and short-term investments¥10.0B¥10.5B¥10.0B¥7.3B¥7.5B
Shareholders' equity¥13.8B¥12.7B¥11.7B¥9.9B¥9.1B
Operating cash flow¥754.3M¥1.3B¥4.1B¥556.1M¥2.3B
Free cash flow¥743.3M¥1.3B¥4.0B¥504.8M¥2.2B
Capital expenditure−¥11.0M−¥41.9M−¥110.8M−¥51.3M−¥19.6M

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
Nireco6863.T¥1,145.00¥24.59B
Aval Data6918.T¥4,060.00¥23.61B
Ryomo Systems9691.T¥5,160.00¥18.05B
SAKURA KCS4761.T¥1,488.00¥16.38B
Mitachi3321.T¥1,855.00¥14.79B
Ubicom3937.T¥1,149.00¥13.93B
IX Knowledge9753.T¥1,435.00¥13.73B
Applied3020.T¥4,800.00¥12.97B

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

How to invest in DAIKO XTECH 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 8023 and buy

    Find DAIKO XTECH by name or by its ticker, 8023, and place your order. The Tokyo Stock Exchange typically trades in units of 100 shares.

Why invest in DAIKO XTECH from India

What DAIKO XTECH does

Headquartered in Tokyo, Japan, DAIKO XTECH, Ltd., formerly known as Daiko Denshi Tsushin, Ltd., is a technology company offering a broad spectrum of information technology solutions. Its diverse portfolio includes rBOM, a production management system designed for the manufacturing industry; PROCURESUITE, which supports the procurement of indirect materials; and EdiGate/POST, a cloud-based WEB-EDI service. DAIKO XTECH operates in the Information Technology Services industry within the Technology 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 DAIKO XTECH 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 DAIKO XTECH stock from India?

Yes. Indian residents and NRIs can buy DAIKO XTECH (8023) shares directly through Paasa. DAIKO XTECH is listed on the Tokyo Stock Exchange, in the Information Technology Services 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 DAIKO XTECH share?

Usually more than one, and not a fraction: the Tokyo Stock Exchange typically trades in units of 100 shares. At ¥1,046.00 a share, size the order by the lot, not by the share.

How are DAIKO XTECH 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. DAIKO XTECH’s current yield is 3.44%. 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 DAIKO XTECH 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 DAIKO XTECH 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 DAIKO XTECH alone.

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