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Tokyo Stock Exchange · Healthcare

Invest in Kitazato stock from India

Indian and foreign residents can buy Kitazato (368A) shares directly through Paasa.

By Paasa · Updated

Kitazato at a glance

Price
¥1,433.00-¥5.00 (0.35%)
Market cap
¥57.32B
Day range
¥1,428.00 – ¥1,456.00
P/E
—
Dividend yield
—
Volume
94.10K
1 month
-4.47%
6 months
+2.80%
YTD
-8.73%
1 year
-4.28%
5 years
-20.92%

Live chart and statistics

Peer comparison

CompanyTickerPriceMarket cap
Solasto6197.T¥1,118.00¥101.24B
Shofu7979.T¥2,299.00¥81.82B
Vital KSK3151.T¥1,602.00¥77.01B
ASKA Pharmaceutical4886.T¥2,125.00¥60.34B
Shin Nippon Biomedical Laboratories2395.T¥1,342.00¥55.87B
TAUNS Laboratories197A.T¥522.00¥55.57B
Japan Eyewear5889.T¥2,274.00¥55.03B
EM Systems4820.T¥600.00¥41.53B

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

How to invest in Kitazato 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 368A and buy

    Find Kitazato by name or by its ticker, 368A, and place your order. The Tokyo Stock Exchange typically trades in units of 100 shares.

Why invest in Kitazato from India

What Kitazato does

Kitazato Corporation is a Japanese entity primarily focused on the research, development, production, and distribution of specialized medical devices and related supplies used in fertility treatment. Headquartered in Shizuoka, Japan, the company offers a comprehensive suite of products catering to reproductive medicine, including precision needles, catheters, and cannulas. Kitazato operates in the Medical - Instruments & Supplies industry within the Healthcare 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 Kitazato 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 Kitazato stock from India?

Yes. Indian residents and NRIs can buy Kitazato (368A) shares directly through Paasa. Kitazato is listed on the Tokyo Stock Exchange, in the Medical - Instruments & Supplies 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 Kitazato share?

Usually more than one, and not a fraction: the Tokyo Stock Exchange typically trades in units of 100 shares. At ¥1,433.00 a share, size the order by the lot, not by the share.

How are Kitazato 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. 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 Kitazato 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 Kitazato 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 Kitazato alone.

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