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Tokyo Stock Exchange · Industrials

Invest in Space stock from India

Indian and foreign residents can buy Space (9622) shares directly through Paasa.

By Paasa · Updated

Space at a glance

Price
¥1,424.00+¥10.00 (0.71%)
Market cap
¥34.93B
Day range
¥1,410.00 – ¥1,431.00
P/E
9.08
Dividend yield
6.11%
Volume
33.10K
1 month
-2.80%
6 months
-5.63%
YTD
-8.42%
1 year
+1.64%
5 years
+47.56%

Live chart and statistics

Space statements, FY2021–FY2025

Fiscal year20252024202320222021
Revenue¥71.5B¥64.2B¥52.8B¥46.7B¥42.4B
Gross profit¥8.3B¥7.1B¥6.1B¥4.8B¥4.8B
Operating income¥4.8B¥3.5B¥2.6B¥2.1B¥2.2B
Net income¥3.8B¥2.6B¥1.7B¥1.4B¥1.5B
Earnings per share¥153.76¥104.24¥68.76¥56.72¥61.32
EBITDA¥5.2B¥4.0B¥3.1B¥2.5B¥2.7B
Total assets¥45.1B¥41.0B¥37.6B¥35.4B¥34.6B
Total debt¥54.6M¥60.1M¥62.3M¥61.1M¥62.5M
Cash and short-term investments¥14.9B¥13.9B¥13.1B¥14.0B¥15.1B
Shareholders' equity¥34.8B¥32.6B¥30.7B¥29.6B¥29.3B
Operating cash flow¥2.9B¥2.1B¥2.1B−¥29.8M¥2.3B
Free cash flow¥2.5B¥1.8B¥738.2M−¥104.3M¥2.3B
Capital expenditure−¥400.1M−¥301.2M−¥1.4B−¥74.5M−¥29.6M

Fiscal years as reported, the latest ending 31 Dec 2025. Figures in JPY; a dash means the provider reported nothing for that line.

Peer comparison

CompanyTickerPriceMarket cap
Nakano1827.T¥1,580.00¥54.30B
Ohmoto Gumi1793.T¥2,105.00¥53.54B
Fudo Tetra1813.T¥2,969.00¥44.98B
Tobishima256A.T¥2,327.00¥44.57B
Hokuriku Electrical Construction1930.T¥1,580.00¥43.45B
Matsui Construction1810.T¥1,428.00¥40.73B
E J2153.T¥1,871.00¥33.63B
Maezawa Industries6489.T¥1,719.00¥30.27B

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

How to invest in Space 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 9622 and buy

    Find Space by name or by its ticker, 9622, and place your order. The Tokyo Stock Exchange typically trades in units of 100 shares.

Why invest in Space from India

What Space does

Space Co., Ltd., established in 1948 and headquartered in Tokyo, Japan, offers a comprehensive range of services, including the conceptualization, architectural design, project supervision, and construction of various facilities throughout Japan. The company's primary focus is on commercial properties, such as shopping malls, department stores, specialty retail establishments, eateries, and coffee shops. Space operates in the Engineering & Construction 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 Space 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 Space stock from India?

Yes. Indian residents and NRIs can buy Space (9622) shares directly through Paasa. Space is listed on the Tokyo Stock Exchange, in the Engineering & Construction 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 Space share?

Usually more than one, and not a fraction: the Tokyo Stock Exchange typically trades in units of 100 shares. At ¥1,424.00 a share, size the order by the lot, not by the share.

How are Space 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. Space’s current yield is 6.11%. 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 Space 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 Space 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 Space alone.

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