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Tokyo Stock Exchange · Basic Materials

Invest in Tomoegawa stock from India

Indian and foreign residents can buy Tomoegawa (3878) shares directly through Paasa.

By Paasa · Updated

Tomoegawa at a glance

Price
¥954.00+¥80.00 (9.15%)
Market cap
¥9.36B
Day range
¥877.00 – ¥978.00
P/E
7.59
Dividend yield
1.57%
Volume
333.90K
1 month
+8.78%
6 months
+22.62%
YTD
+23.58%
1 year
+22.94%
5 years
+2.14%

Live chart and statistics

Tomoegawa statements, FY2021–FY2025

Fiscal year20252024202320222021
Revenue¥35.6B¥34.4B¥33.7B¥34.2B¥32.8B
Gross profit¥8.3B¥7.9B¥7.4B¥7.5B¥6.8B
Operating income¥1.6B¥1.3B¥1.3B¥2.1B¥2.0B
Net income¥945.0M¥750.0M¥594.0M¥1.5B¥1.6B
Earnings per share¥95.39¥72.99¥57.27¥135.09¥152.61
EBITDA¥3.5B¥3.4B¥3.2B¥4.2B¥4.5B
Total assets¥50.9B¥46.1B¥45.7B¥42.9B¥43.6B
Total debt¥15.1B¥14.0B¥12.8B¥12.7B¥12.7B
Cash and short-term investments¥5.1B¥4.9B¥5.4B¥4.4B¥4.8B
Shareholders' equity¥17.7B¥15.2B¥14.7B¥14.0B¥13.5B
Operating cash flow¥3.3B¥1.8B¥4.2B¥1.0B¥3.4B
Free cash flow¥6.0M−¥613.0M¥2.5B¥116.0M¥2.4B
Capital expenditure−¥3.3B−¥2.4B−¥1.7B−¥894.0M−¥929.0M

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
Hokuetsu3865.T¥885.00¥140.54B
Japan Pulp and Paper8032.T¥1,237.00¥139.20B
Tokushu Tokai Paper3708.T¥2,208.00¥76.94B
Kpp9274.T¥1,116.00¥69.55B
Chuetsu Pulp & Paper3877.T¥2,199.00¥27.63B
Seshasayee Paper and BoardsSESHAPAPER.NS$241.98$15.26B
Pudumjee Paper ProductsPDMJEPAPER.NS$98.33$9.34B
Yuki Gosei Kogyo4531.T¥363.00¥7.85B

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

How to invest in Tomoegawa 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 3878 and buy

    Find Tomoegawa by name or by its ticker, 3878, and place your order. The Tokyo Stock Exchange typically trades in units of 100 shares.

Why invest in Tomoegawa from India

What Tomoegawa does

Tomoegawa Co., Ltd., founded in Tokyo, Japan, in 1914, is a multifaceted enterprise engaged in the manufacturing, processing, and sale of an extensive array of advanced materials, primarily serving the Japanese market. Their diverse product lineup includes electronic components, display materials, fine particulate matter, specialized functional sheets, and various paper goods. Tomoegawa operates in the Paper, Lumber & Forest Products industry within the Basic Materials 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 Tomoegawa 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 Tomoegawa stock from India?

Yes. Indian residents and NRIs can buy Tomoegawa (3878) shares directly through Paasa. Tomoegawa is listed on the Tokyo Stock Exchange, in the Paper, Lumber & Forest Products 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 Tomoegawa share?

Usually more than one, and not a fraction: the Tokyo Stock Exchange typically trades in units of 100 shares. At ¥954.00 a share, size the order by the lot, not by the share.

How are Tomoegawa 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. Tomoegawa’s current yield is 1.57%. 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 Tomoegawa 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 Tomoegawa 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 Tomoegawa alone.

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