User Local, Inc.
User Local, Inc. (JPX: 3984) is trading at ¥1,545.00, about ₹943 at today's JPY/INR rate, as of 30 Sep 2026, 2:30 AM ET, down 0.58% today. Indian residents can buy User Local from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
¥1,520.00
Today's high
¥1,553.00
52 week low
¥1,350.00
52 week high
¥2,078.00
3984 opened at ¥1,552.00, closed previously at ¥1,554.00, and has traded between ¥1,350.00 and ¥2,078.00 over the past 52 weeks.
About
Established in Tokyo, Japan, in 2005, User Local, Inc. is a technology company dedicated to developing sophisticated analytical instruments for web developers and marketing specialists. The firm's primary focus lies in the research and development of robust big data analysis systems. Its product lineup features a range of specialized tools: "User Insight" for web marketing assistance, "Social Insight" for comprehensive social media analysis, and "Media Insight" for media performance evaluation. Furthermore, User Local extends its expertise into advanced AI services, encompassing the management of AI chatbots, text mining capabilities, emotion and facial recognition, future prediction algorithms, and artificial intelligence for automotive image processing. Their offerings also include automatic summarization tools, AI-powered comment systems, filters for anonymizing personal information, and utilities for aggregating duplicate data.
Key statistics
Avg. volume
113.43K
Market cap
¥24.30B
P/E Ratio
15.05
Price-to-sales ratio
4.55
Enterprise value
¥16.44B
Free cash flow yield
8.38%
Debt-to-equity ratio
0.00
Return on equity
17.31%
ROIC
16.38%
Beta
0.63
Dividend yield
1.55%
Last dividend
¥24.00
Financial overview
Revenue
¥5.34B
Earnings per share
¥102.63
Free cash flow
¥2.19B
Net profit margin
30.60%
Gross margin
89.01%
EBITDA
¥2.26B
Revenue growth
16.61%
Similar securities
This is not an investment recommendation
How to buy User Local from India
Indian residents can buy User Local 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 User Local and place an order
Find User Local by name or by its ticker, 3984, and choose an order type. The Tokyo Stock Exchange typically trades in units of 100 shares. User Local trades 5:30 am – 12:00 pm IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your User Local 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 User Local from India
Trading and taxes when buying User Local 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. User Local’s current yield is 1.55%.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 User Local stock?
Yes. User Local (3984) has been listed on the Tokyo Stock Exchange since 2017, in the Information Technology Services 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 User Local share cost in rupees?
One User Local share is ¥1,545.00 — about ₹943 at a JPY/INR rate of 0.6103 on 29 Sep 2026. Both the User Local 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 User Local 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 User Local?
The Tokyo Stock Exchange typically trades in units of 100 shares.
How are gains on User Local 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 User Local price. Paasa issues a capital-gains statement for your return.
Does User Local pay a dividend, and how is it taxed in India?
Yes. User Local pays a dividend and the current yield is 1.55%; the last declared dividend was ¥24.00 per share, about ₹14.65. 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 User Local 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 User Local 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 User Local 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 User Local holding, its cost and its closing value.
How do I sell User Local 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.