Miyaji Engineering Group,Inc.
Miyaji Engineering Group,Inc. (JPX: 3431) is trading at ¥1,541.00, about ₹939 at today's JPY/INR rate, as of 28 Sep 2026, 2:30 AM ET, down 0.06% today. Indian residents can buy Miyaji Engineering from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
¥1,539.00
Today's high
¥1,555.00
52 week low
¥1,429.00
52 week high
¥2,078.00
3431 opened at ¥1,555.00, closed previously at ¥1,542.00, and has traded between ¥1,429.00 and ¥2,078.00 over the past 52 weeks.
About
Operating through its subsidiaries, Miyaji Engineering Group, Inc. is a Japanese firm engaged in extensive construction and civil engineering activities nationwide. The company's expertise spans the entire lifecycle of steel structures, encompassing the production, erection, installation, maintenance, and repair of bridges, steel frames, and other structural components. It also specializes in the design and manufacture of prestressed concrete, in addition to constructing, managing, and assembling steel frameworks, towers, and large-scale architectural spaces. Furthermore, Miyaji Engineering Group supplies bolts and welding materials and provides staffing and diverse other services. Founded in 2003, the corporation is based in Tokyo, Japan.
Key statistics
Avg. volume
98.60K
Market cap
¥40.87B
P/E Ratio
14.74
Price-to-sales ratio
0.77
Enterprise value
¥25.73B
Free cash flow yield
0.00%
Debt-to-equity ratio
0.05
Return on equity
6.61%
ROIC
4.39%
Beta
0.10
Dividend yield
6.33%
Last dividend
¥97.50
Financial overview
Revenue
¥56.66B
Earnings per share
¥123.08
Free cash flow
¥6.66B
Net profit margin
5.20%
Gross margin
16.58%
EBITDA
¥6.65B
Revenue growth
-24.18%
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This is not an investment recommendation
How to buy Miyaji Engineering from India
Indian residents can buy Miyaji Engineering 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 Miyaji Engineering and place an order
Find Miyaji Engineering by name or by its ticker, 3431, and choose an order type. The Tokyo Stock Exchange typically trades in units of 100 shares. Miyaji Engineering trades 5:30 am – 12:00 pm IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your Miyaji Engineering 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 Miyaji Engineering from India
Trading and taxes when buying Miyaji Engineering 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. Miyaji Engineering’s current yield is 6.33%.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 Miyaji Engineering stock?
Yes. Miyaji Engineering (3431) has been listed on the Tokyo Stock Exchange since 2003, 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 Miyaji Engineering share cost in rupees?
One Miyaji Engineering share is ¥1,541.00 — about ₹939 at a JPY/INR rate of 0.6091 on 27 Sep 2026. Both the Miyaji Engineering 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 Miyaji Engineering 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 Miyaji Engineering?
The Tokyo Stock Exchange typically trades in units of 100 shares.
How are gains on Miyaji Engineering 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 Miyaji Engineering price. Paasa issues a capital-gains statement for your return.
Does Miyaji Engineering pay a dividend, and how is it taxed in India?
Yes. Miyaji Engineering pays a dividend and the current yield is 6.33%; the last declared dividend was ¥97.50 per share, about ₹59.39. 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 Miyaji Engineering 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 Miyaji Engineering 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 Miyaji Engineering 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 Miyaji Engineering holding, its cost and its closing value.
How do I sell Miyaji Engineering 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.