Kobe Steel, Ltd.
Kobe Steel, Ltd. (JPX: 5406) is trading at ¥2,022.50, about ₹1,235 at today's JPY/INR rate, as of 29 Sep 2026, 2:30 AM ET, down 2.62% today. Indian residents can buy Kobe Steel from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
¥2,018.00
Today's high
¥2,045.50
52 week low
¥1,698.00
52 week high
¥2,379.50
5406 opened at ¥2,029.50, closed previously at ¥2,077.00, and has traded between ¥1,698.00 and ¥2,379.50 over the past 52 weeks.
About
Kobe Steel, Ltd. is a diversified Japanese industrial group with extensive operations in materials manufacturing, machinery production, and electric power generation. The company serves global markets spanning Japan, the Americas, Europe, the Middle East, and Oceania. Its materials portfolio encompasses a broad spectrum of steel products, including various sheets, wire rods, bars, and specialized castings and forgings for applications ranging from marine components to industrial equipment. This segment also delivers aluminum, titanium, copper products, and metal powders. In the machinery sector, Kobe Steel develops and supplies a wide array of industrial equipment, such as robots, power sources, welding consumables, compressors, and specialized machinery for processing tires, rubber, and plastics. The company also manufactures heavy construction and infrastructure equipment, including hydraulic excavators, wheel loaders, road machinery, and cranes, alongside advanced systems for signaling, communication, and automatic fare collection. Beyond manufacturing, Kobe Steel generates and supplies electricity and provides a comprehensive suite of services. These include material and structural analysis, environmental solutions like water treatment and waste remediation, real estate services (sales, rentals, brokerage, renovation), and the operational management of public facilities. Established in Kobe, Japan, in 1905, the company maintains its headquarters in the city of its origin.
Key statistics
Avg. volume
1.97M
Market cap
¥799.80B
P/E Ratio
11.85
Price-to-sales ratio
0.33
Enterprise value
¥1.36T
Free cash flow yield
0.00%
Debt-to-equity ratio
0.58
Return on equity
5.48%
ROIC
3.96%
Beta
0.58
Dividend yield
3.96%
Last dividend
¥80.00
Financial overview
Revenue
¥2.44T
Earnings per share
¥237.81
Free cash flow
¥77.25B
Net profit margin
2.75%
Gross margin
16.27%
EBITDA
¥258.23B
Revenue growth
-4.64%
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This is not an investment recommendation
How to buy Kobe Steel from India
Indian residents can buy Kobe Steel 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 Kobe Steel and place an order
Find Kobe Steel by name or by its ticker, 5406, and choose an order type. The Tokyo Stock Exchange typically trades in units of 100 shares. Kobe Steel trades 5:30 am – 12:00 pm IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your Kobe Steel 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 Kobe Steel from India
Trading and taxes when buying Kobe Steel 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. Kobe Steel’s current yield is 3.96%.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 Kobe Steel stock?
Yes. Kobe Steel (5406) has been listed on the Tokyo Stock Exchange since 1911, in the Steel 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 Kobe Steel share cost in rupees?
One Kobe Steel share is ¥2,022.50 — about ₹1,235 at a JPY/INR rate of 0.6107 on 28 Sep 2026. Both the Kobe Steel 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 Kobe Steel 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 Kobe Steel?
The Tokyo Stock Exchange typically trades in units of 100 shares.
How are gains on Kobe Steel 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 Kobe Steel price. Paasa issues a capital-gains statement for your return.
Does Kobe Steel pay a dividend, and how is it taxed in India?
Yes. Kobe Steel pays a dividend and the current yield is 3.96%; the last declared dividend was ¥80.00 per share, about ₹48.85. 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 Kobe Steel 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 Kobe Steel 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 Kobe Steel 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 Kobe Steel holding, its cost and its closing value.
How do I sell Kobe Steel 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.