Tokyo Stock Exchange · Communication Services
Invest in Medix stock from India
Indian and foreign residents can buy Medix (331A) shares directly through Paasa.
By Paasa · Updated
Medix at a glance
- Price
- ¥487.00+¥2.00 (0.41%)
- Market cap
- ¥3.73B
- Day range
- ¥482.00 – ¥487.00
- P/E
- —
- Dividend yield
- —
- Volume
- 6.50K
- 1 month
- +0.00%
- 6 months
- -2.40%
- YTD
- -4.32%
- 1 year
- -10.15%
- 5 years
- -33.65%
Peer comparison
| Company | Ticker | Price | Market cap |
|---|---|---|---|
| DM Solutions | 6549.T | ¥1,118.00 | ¥6.17B |
| GEOCODE | 7357.T | ¥1,750.00 | ¥4.89B |
| Nissen | 6543.T | ¥1,184.00 | ¥4.67B |
| Piala | 7044.T | ¥519.00 | ¥3.72B |
| YRGLM | 3690.T | ¥573.00 | ¥3.58B |
| INCLUSIVE | 7078.T | ¥349.00 | ¥3.51B |
| Netyear | 3622.T | ¥500.00 | ¥3.50B |
| eMnet Japan | 7036.T | ¥668.00 | ¥2.58B |
Peers as grouped by the data provider. This is not an investment recommendation.
How to invest in Medix from India
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.
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.
Step 3
Search 331A and buy
Find Medix by name or by its ticker, 331A, and place your order. The Tokyo Stock Exchange typically trades in units of 100 shares.
Why invest in Medix from India
What Medix does
Medix Inc., established in 1984 and headquartered in Tokyo, Japan, provides an extensive range of digital marketing solutions nationwide. Their services cover diverse advertising approaches, including display, social media, affiliate, internet, pay-per-click, feed, and video advertising, along with advertising management for agencies. Medix operates in the Advertising Agencies industry within the Communication Services 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 Medix 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.
Frequently asked questions
Can I buy Medix stock from India?
Yes. Indian residents and NRIs can buy Medix (331A) shares directly through Paasa. Medix is listed on the Tokyo Stock Exchange, in the Advertising Agencies 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 Medix share?
Usually more than one, and not a fraction: the Tokyo Stock Exchange typically trades in units of 100 shares. At ¥487.00 a share, size the order by the lot, not by the share.
How are Medix 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 Medix 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 Medix 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 Medix alone.