THE WHY HOW DO COMPANY, Inc.
THE WHY HOW DO COMPANY, Inc. (JPX: 3823) is trading at ¥39.00, about ₹24 at today's JPY/INR rate, as of 29 Sep 2026, 2:30 AM ET. Indian residents can buy THE WHY HOW DO from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
¥38.00
Today's high
¥40.00
52 week low
¥28.00
52 week high
¥80.00
3823 opened at ¥39.00, closed previously at ¥39.00, and has traded between ¥28.00 and ¥80.00 over the past 52 weeks.
About
THE WHY HOW DO COMPANY, Inc., headquartered in Tokyo, Japan, is a multifaceted enterprise that primarily delivers a broad range of services and solutions centered around smartphones and the Internet of Things (IoT). Established in 2004, the firm, which rebranded from Acrodea, Inc. in January 2022, operates across various sectors. Its digital portfolio encompasses IoT services such as "i ball technical shot," "I ball technical pitch," and specialized IoT systems for intercoms. In the gaming sector, the company develops titles like "Boku-J," "Soccer Japan National Team Heroes," and "Nade-Saka." They also offer mobile customization solutions, including "Kiskae Touch" for changing Android themes, a dedicated system for managing demo devices in mobile operator retail outlets, and the "Rakuobi application" tailored for real estate agencies. Beyond these specific products, the company provides overarching platform services for smartphones and IoT, offers contracted game development, creates social games and applications, delivers IT services for research and development, and has developed proprietary solutions such as "Digital Copel." Notably, it also manages a bingo gaming system approved by the Guam government. Expanding beyond its core technology offerings, THE WHY HOW DO COMPANY, Inc. has diversified into several other business areas. These include real estate subleasing, trademark management, and ventures within the food and beverage and hospitality industries. The company also develops and operates variety stores under the "Niku Yokochu" brand. Furthermore, it runs the Interplan IT school, providing IT seminars for job seekers and professional training services.
Key statistics
Avg. volume
2.04M
Market cap
¥5.86B
P/E Ratio
-9.35
Price-to-sales ratio
1.52
Enterprise value
¥6.28B
Free cash flow yield
-13.55%
Debt-to-equity ratio
0.99
Return on equity
-89.61%
ROIC
-32.76%
Beta
0.95
Dividend yield
0.00%
Last dividend
¥0.00
Financial overview
Revenue
¥3.50B
Earnings per share
-¥10.66
Free cash flow
-¥761.70M
Net profit margin
-13.87%
Gross margin
52.68%
EBITDA
-¥1.14B
Revenue growth
99.76%
Similar securities
This is not an investment recommendation
How to buy THE WHY HOW DO from India
Indian residents can buy THE WHY HOW DO 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 THE WHY HOW DO and place an order
Find THE WHY HOW DO by name or by its ticker, 3823, and choose an order type. The Tokyo Stock Exchange typically trades in units of 100 shares. THE WHY HOW DO trades 5:30 am – 12:00 pm IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your THE WHY HOW DO position in JPY and INR. THE WHY HOW DO 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 THE WHY HOW DO from India
Trading and taxes when buying THE WHY HOW DO 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
- NoneTHE WHY HOW DO 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 THE WHY HOW DO stock?
Yes. THE WHY HOW DO (3823) has been listed on the Tokyo Stock Exchange since 2006, in the Software - Application 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 THE WHY HOW DO share cost in rupees?
One THE WHY HOW DO share is ¥39.00 — about ₹24 at a JPY/INR rate of 0.6107 on 28 Sep 2026. Both the THE WHY HOW DO 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 THE WHY HOW DO 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 THE WHY HOW DO?
The Tokyo Stock Exchange typically trades in units of 100 shares.
How are gains on THE WHY HOW DO 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 THE WHY HOW DO price. Paasa issues a capital-gains statement for your return.
Does THE WHY HOW DO pay a dividend?
No. THE WHY HOW DO 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 THE WHY HOW DO 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 THE WHY HOW DO 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 THE WHY HOW DO 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 THE WHY HOW DO holding, its cost and its closing value.
How do I sell THE WHY HOW DO 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.