MEISEI INDUSTRIAL Co.,Ltd.
MEISEI INDUSTRIAL Co.,Ltd. (JPX: 1976) is trading at ¥1,742.00, about ₹1,061 at today's JPY/INR rate, as of 28 Sep 2026, 2:30 AM ET, up 1.28% today. Indian residents can buy MEISEI INDUSTRIAL from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
¥1,730.00
Today's high
¥1,755.00
52 week low
¥1,559.00
52 week high
¥2,110.00
1976 opened at ¥1,736.00, closed previously at ¥1,720.00, and has traded between ¥1,559.00 and ¥2,110.00 over the past 52 weeks.
About
MEISEI INDUSTRIAL Co.,Ltd., established in 1944 and headquartered in Osaka, Japan, is a construction and engineering firm operating across both domestic and international markets. The company specializes in two primary areas: Construction Business and Boiler Business, providing a diverse range of services and products. Their core expertise lies in comprehensive thermal management, offering advanced hot and cold insulation systems. Key products include Keical-Ace Super-Silica, a leading high-temperature insulation material; Keical-Ace Win, designed for rust prevention on insulated surfaces; and Recycal, an environmentally conscious recycled calcium silicate insulation. MEISEI INDUSTRIAL undertakes critical insulation projects for liquefied natural gas (LNG) and petroleum gas infrastructure, covering liquefaction equipment, low-temperature carriers, and storage facilities. They also perform specialized furnace and refractory insulation for industrial furnaces, incinerators, and boiler ducts, in addition to insulation work for nuclear power plants. Beyond thermal solutions, the company supplies a robust portfolio of fire protection products, such as the cement-based Pyrocrete 241, the epoxy-type Thermolag 3000, Mandoseal, and Fendolite M II Marine Mandolite 25/40. Their construction capabilities further extend to the repair and reinforcement of concrete structures, the development of incinerator facilities, stack inner lining refurbishment, and the provision of acoustic insulation solutions. To support these varied operations, MEISEI INDUSTRIAL manufactures and distributes an extensive array of specialized materials. This includes various processed and molded polyurethane foams, insulation panels tailored for LNG carriers, metallic insulation products, lightweight anti-corrosion coatings, and calcium silicate insulation materials. The company also offers high-performance coatings like Grapple Zinc Primer, a heavy-duty anticorrosion solution for steel structures, and ULVA Shield, a polymeric rubber sheet used for thermal insulation of pipes, vessels, and equipment.
Key statistics
Avg. volume
91.49K
Market cap
¥79.96B
P/E Ratio
14.67
Price-to-sales ratio
1.34
Enterprise value
¥43.66B
Free cash flow yield
0.00%
Debt-to-equity ratio
0.01
Return on equity
8.09%
ROIC
7.91%
Beta
0.50
Dividend yield
3.73%
Last dividend
¥65.00
Financial overview
Revenue
¥60.30B
Earnings per share
¥116.92
Free cash flow
¥6.19B
Net profit margin
9.31%
Gross margin
22.08%
EBITDA
¥8.66B
Revenue growth
-9.03%
Similar securities
This is not an investment recommendation
How to buy MEISEI INDUSTRIAL from India
Indian residents can buy MEISEI INDUSTRIAL shares through Paasa in four steps. Funds leave India under the RBI's Liberalised Remittance Scheme and the shares are held in your own name with Interactive Brokers.
Open a Paasa account
Complete digital KYC with your PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.
Add funds under LRS
Transfer INR from your Indian bank account. Your bank reports the remittance under the RBI's Liberalised Remittance Scheme and converts it to US dollars and then to JPY.
Search for MEISEI INDUSTRIAL and place an order
Find MEISEI INDUSTRIAL by name or by its ticker, 1976, and choose an order type. The Tokyo Stock Exchange typically trades in units of 100 shares. MEISEI INDUSTRIAL trades 5:30 am – 12:00 pm IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your MEISEI INDUSTRIAL position in JPY and INR, and use Paasa's capital-gains and dividend statements when you file your Indian return.
Read the full guide: how to invest in MEISEI INDUSTRIAL from India
Trading and taxes when buying MEISEI INDUSTRIAL from India
Trading and limits
- Trading hours
- 9:00 am – 3:30 pm JST
- LRS limit
- $250,000Per financial year, under the RBI's Liberalised Remittance Scheme.
Tax for Indian residents
- TCS on remittance
- 20%Collected by your bank on LRS remittances above ₹10 lakh in a financial year. The TCS is adjustable against your income-tax liability.Adjusting TCS against your tax
- Capital gains in India
- 12.5% or slab rateGains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate.Capital gains explained
- Dividends
- Slab rateDividends are taxed at your slab rate in India. 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. MEISEI INDUSTRIAL’s current yield is 3.73%.Dividend tax explained
- Estate or inheritance tax
- May applyJapan levies inheritance tax on Japan-located assets such as direct stocks, with an exemption of ¥30 million plus ¥6 million per statutory heir.Estate tax explained
Custody. Shares are held in your own name at Interactive Brokers, segregated from Paasa's own assets.
FAQs
Can Indian residents buy MEISEI INDUSTRIAL stock?
Yes. MEISEI INDUSTRIAL (1976) has been listed on the Tokyo Stock Exchange since 2000, in the Engineering & Construction industry, and Indian residents can buy it through Paasa. You fund the account from your Indian bank under the RBI's Liberalised Remittance Scheme and the money is converted to US dollars and then to JPY. Shares are held in your own name at Interactive Brokers, segregated from Paasa's own assets.
How much does one MEISEI INDUSTRIAL share cost in rupees?
One MEISEI INDUSTRIAL share is ¥1,742.00 — about ₹1,061 at a JPY/INR rate of 0.6091 on 27 Sep 2026. Both the MEISEI INDUSTRIAL price and the rupee rate move during the day, so the rupee cost changes with them.
What are the LRS and TCS rules for buying MEISEI INDUSTRIAL from India?
Remit up to $250,000 per financial year under the RBI's Liberalised Remittance Scheme (LRS). Banks collect 20% tax at source on LRS remittances above ₹10 lakh in a financial year; the TCS is adjustable against your income-tax liability. FX and the LRS declaration are handled by your bank when you fund your account.
What is the minimum I can buy of MEISEI INDUSTRIAL?
The Tokyo Stock Exchange typically trades in units of 100 shares.
How are gains on MEISEI INDUSTRIAL shares taxed in India?
Japan generally does not levy capital gains tax on non-resident individual investors, so the tax is an India-side one. Gains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate. The gain is computed in rupees using the JPY/INR rate on the purchase and the sale date, so the rupee move counts alongside the MEISEI INDUSTRIAL price. Paasa issues a capital-gains statement for your return.
Does MEISEI INDUSTRIAL pay a dividend, and how is it taxed in India?
Yes. MEISEI INDUSTRIAL pays a dividend and the current yield is 3.73%; the last declared dividend was ¥65.00 per share, about ₹39.59. Dividends are taxed at your slab rate in India. 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. Paasa's dividend report lists the gross dividend and any tax withheld for each payment.
When can I trade MEISEI INDUSTRIAL from India?
The Tokyo Stock Exchange trades 5:30 am – 12:00 pm IST in Indian time. It also halts for lunch, 8:00 am – 9:00 am IST. Orders can only execute during that window.
Is there estate or inheritance tax on MEISEI INDUSTRIAL shares held from India?
Japan levies inheritance tax on Japan-located assets such as direct stocks, with an exemption of ¥30 million plus ¥6 million per statutory heir. It applies to your overall holdings in that jurisdiction rather than to any one position.
Do I have to declare MEISEI INDUSTRIAL shares in my Indian tax return?
Yes. Foreign shares held on 31 March must be reported in Schedule FA of your Indian income-tax return. Paasa gives you a Schedule FA-ready statement listing your MEISEI INDUSTRIAL holding, its cost and its closing value.
How do I sell MEISEI INDUSTRIAL and bring the money back to India?
You sell during market hours (5:30 am – 12:00 pm IST) and the proceeds settle in JPY in your Paasa account. From there you can hold the balance, reinvest, or repatriate. Funds can be withdrawn in any currency to any bank account in your own name. Whether the sale is short- or long-term is decided by the 24-month holding period.