Happiness and D Co.,Ltd.
Happiness and D Co.,Ltd. (JPX: 3174) is trading at ¥361.00, about ₹220 at today's JPY/INR rate, as of 30 Sep 2026, 2:30 AM ET, down 2.43% today. Indian residents can buy Happiness and D from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
¥350.00
Today's high
¥370.00
52 week low
¥350.00
52 week high
¥750.00
3174 opened at ¥369.00, closed previously at ¥370.00, and has traded between ¥350.00 and ¥750.00 over the past 52 weeks.
About
Happiness and D Co.,Ltd., together with its subsidiaries, engages in the sale of jewelry, bullion products, and imported brand items in Japan and internationally. The company retails jewelry, such as rings, necklaces, earrings, bracelets, diamond and pearl jewelry, gold, platinum, and other bullion products; watches; bags, wallets, key cases, ties, sunglasses, perfumes, and tableware; and gift items, including belts, cufflinks, tie bars, kitchen and interior goods, stationery, and smoking accessories, etc. It also operates and manages select shops under Happiness and GINZA Happiness brand names; jewelry specialty stores; and an online store under the H and D Online Shop brand. In addition, the company develops original brand products under the H&D brand. Further, it manufactures jewelry, watches, bags, and accessories; wholesales jewelry products; and wholesales, imports, and exports precious metal products and accessories. Happiness and D Co.,Ltd. was founded in 1946 and is headquartered in Chuo, Japan.
Key statistics
Avg. volume
24.37K
Market cap
¥1.14B
P/E Ratio
-1.73
Price-to-sales ratio
0.13
Enterprise value
¥4.90B
Free cash flow yield
5.89%
Debt-to-equity ratio
10.66
Return on equity
-406.49%
ROIC
-9.25%
Beta
-0.04
Dividend yield
0.00%
Last dividend
¥0.00
Financial overview
Revenue
¥8.84B
Earnings per share
-¥317.59
Free cash flow
¥107.05M
Net profit margin
-6.29%
Gross margin
40.60%
EBITDA
-¥536.31M
Revenue growth
-17.99%
Similar securities
This is not an investment recommendation
How to buy Happiness and D from India
Indian residents can buy Happiness and D 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 Happiness and D and place an order
Find Happiness and D by name or by its ticker, 3174, and choose an order type. The Tokyo Stock Exchange typically trades in units of 100 shares. Happiness and D trades 5:30 am – 12:00 pm IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your Happiness and D position in JPY and INR. Happiness and D pays no dividend today, so your filing is the capital-gains statement plus the Schedule FA holding line.
Read the full guide: how to invest in Happiness and D from India
Trading and taxes when buying Happiness and D 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
- NoneHappiness and D does not currently pay a dividend. If it starts, dividends are taxed at your slab rate in India.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 Happiness and D stock?
Yes. Happiness and D (3174) has been listed on the Tokyo Stock Exchange since 2012, in the Specialty Retail 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 Happiness and D share cost in rupees?
One Happiness and D share is ¥361.00 — about ₹220 at a JPY/INR rate of 0.6103 on 29 Sep 2026. Both the Happiness and D 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 Happiness and D 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 Happiness and D?
The Tokyo Stock Exchange typically trades in units of 100 shares.
How are gains on Happiness and D 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 Happiness and D price. Paasa issues a capital-gains statement for your return.
Does Happiness and D pay a dividend?
No. Happiness and D does not currently pay a dividend, so holding it produces no dividend income to declare in India. If it starts paying one, the Indian treatment is the usual one — dividends are taxed at your slab rate in India — and Paasa's dividend report would show the gross amount and any tax withheld.
When can I trade Happiness and D 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 Happiness and D 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 Happiness and D 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 Happiness and D holding, its cost and its closing value.
How do I sell Happiness and D 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.