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4350JPXMarket closedOpens 9:00am JST

Medical System Network Co., Ltd.

¥525.00Last updated
+¥2.00 (0.38%)Past day
Timezone

Medical System Network Co., Ltd. (JPX: 4350) is trading at ¥525.00, about ₹320 at today's JPY/INR rate, as of 28 Sep 2026, 2:30 AM ET, up 0.38% today. Indian residents can buy Medical System Network from India on Paasa under the RBI's Liberalised Remittance Scheme.

Quote

Open:¥523.00
Previous close:¥523.00
Volume:73.60K

Today's low

¥514.00

Today's high

¥526.00

52 week low

¥433.00

52 week high

¥558.00

4350 opened at ¥523.00, closed previously at ¥523.00, and has traded between ¥433.00 and ¥558.00 over the past 52 weeks.

About

Headquartered in Sapporo, Japan, and established in 1999, Medical System Network Co., Ltd. functions as a comprehensive provider within the healthcare industry. Its core business involves the distribution of pharmaceutical products to a diverse range of clients, including pharmacies, hospitals, clinics, and drug wholesalers. The company's operations are divided into several key segments. The Community Pharmacy Network division primarily facilitates the procurement and sale of pharmaceuticals among pharmacies, hospitals, clinics, and wholesale distributors. This segment also delivers crucial inventory management and liquidation services, manufactures and markets its own pharmaceutical offerings, and handles price negotiations with suppliers. Furthermore, it maintains a specialized platform designed to assist with pharmacy transitions. Within the Leasing and Facility-related segment, Medical System Network provides building rental services, develops optimal locations for new pharmacies, and offers consulting expertise to medical practitioners. The Meal Catering segment is responsible for delivering food services to hospitals and various welfare facilities. Beyond these primary areas, the company also offers nursing care and specialized advisory counseling services tailored for the medical treatment sector.

Country
JP
CEO
Inao Tajiri
Exchange listed on
JPX
Industry
Medical - Pharmaceuticals
Base currency
JPY
Full Time Employees
4,014
Sector
Healthcare
IPO date
05/09/2008

Key statistics

Avg. volume

89.88K

Market cap

¥15.34B

P/E Ratio

17.68

Price-to-sales ratio

0.11

Enterprise value

¥38.57B

Free cash flow yield

0.00%

Debt-to-equity ratio

1.79

Return on equity

5.14%

ROIC

2.07%

Beta

0.51

Dividend yield

2.29%

Last dividend

¥12.00

Financial overview

Revenue

¥132.19B

Earnings per share

¥36.61

Free cash flow

-¥5.93B

Net profit margin

0.65%

Gross margin

40.25%

EBITDA

¥6.73B

Revenue growth

8.01%

Similar securities

This is not an investment recommendation

How to buy Medical System Network from India

Indian residents can buy Medical System Network 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.

  1. 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.

  2. 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.

  3. Search for Medical System Network and place an order

    Find Medical System Network by name or by its ticker, 4350, and choose an order type. The Tokyo Stock Exchange typically trades in units of 100 shares. Medical System Network trades 5:30 am – 12:00 pm IST; orders can only execute during that window.

  4. Track holdings and download tax reports

    Follow your Medical System Network 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 Medical System Network from India

Trading and taxes when buying Medical System Network 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. Medical System Network’s current yield is 2.29%.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 Medical System Network stock?

Yes. Medical System Network (4350) has been listed on the Tokyo Stock Exchange since 2008, in the Medical - Pharmaceuticals 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 Medical System Network share cost in rupees?

One Medical System Network share is ¥525.00 — about ₹320 at a JPY/INR rate of 0.6091 on 27 Sep 2026. Both the Medical System Network 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 Medical System Network 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 Medical System Network?

The Tokyo Stock Exchange typically trades in units of 100 shares.

How are gains on Medical System Network 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 Medical System Network price. Paasa issues a capital-gains statement for your return.

Does Medical System Network pay a dividend, and how is it taxed in India?

Yes. Medical System Network pays a dividend and the current yield is 2.29%; the last declared dividend was ¥12.00 per share, about ₹7.31. 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 Medical System Network 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 Medical System Network 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 Medical System Network 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 Medical System Network holding, its cost and its closing value.

How do I sell Medical System Network 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.