Nakayama Steel Works, Ltd.
Nakayama Steel Works, Ltd. (JPX: 5408) is trading at ¥619.00, about ₹378 at today's JPY/INR rate, as of 29 Sep 2026, 2:30 AM ET, down 3.28% today. Indian residents can buy Nakayama Steel Works from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
¥619.00
Today's high
¥630.00
52 week low
¥551.00
52 week high
¥680.00
5408 opened at ¥630.00, closed previously at ¥640.00, and has traded between ¥551.00 and ¥680.00 over the past 52 weeks.
About
Operating in Japan, Nakayama Steel Works, Ltd. is a diversified company with core operations in steel production, engineering, building materials, and real estate. Its extensive steel product portfolio includes various coil types such as hot-rolled, pickled, plated, slit, and patterned coils. Additionally, the company supplies a range of steel sheets, including thick steel plates, NP steel plates, leveler sheets, checkered and pattern steel plates, and general hot-rolled steel products. Beyond sheets and coils, Nakayama Steel Works manufactures and distributes bars and wire rods, specifically steel bars, burn-in-coils, and standard wire rods. Their offerings further extend to lightweight C-shaped steel products, steel pipes, secondary wire rod derivatives, and other industrial by-products. The company's scope also covers specialized marine structures like steel fish, breeding, and seaweed reefs. It provides casting machine engineering solutions, producing components such as rolls, valves, and comprehensive casting and processing equipment. A significant part of its business involves the planning, design, and construction of diverse facilities, including factories, warehouses, and office buildings. Further activities encompass the fabrication and processing of lightweight shaped steel goods, electro-welded steel pipes, and other construction-related items. Its real estate division manages the acquisition, leasing, brokerage, and sale of various properties. Furthermore, the firm engages in port logistics and freight vehicle transportation services. Completing its array of services are general shipping and brokerage, alongside environmental management solutions. Nakayama Steel Works, Ltd., established in 1923, maintains its headquarters in Osaka, Japan.
Key statistics
Avg. volume
252.93K
Market cap
¥33.56B
P/E Ratio
10.19
Price-to-sales ratio
0.23
Enterprise value
¥15.67B
Free cash flow yield
0.00%
Debt-to-equity ratio
0.08
Return on equity
3.03%
ROIC
2.05%
Beta
0.42
Dividend yield
3.07%
Last dividend
¥14.00
Financial overview
Revenue
¥148.31B
Earnings per share
¥45.42
Free cash flow
¥10.16B
Net profit margin
2.23%
Gross margin
11.88%
EBITDA
¥6.64B
Revenue growth
-12.42%
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This is not an investment recommendation
How to buy Nakayama Steel Works from India
Indian residents can buy Nakayama Steel Works 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 Nakayama Steel Works and place an order
Find Nakayama Steel Works by name or by its ticker, 5408, and choose an order type. The Tokyo Stock Exchange typically trades in units of 100 shares. Nakayama Steel Works trades 5:30 am – 12:00 pm IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your Nakayama Steel Works 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 Nakayama Steel Works from India
Trading and taxes when buying Nakayama Steel Works 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. Nakayama Steel Works’ current yield is 3.07%.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 Nakayama Steel Works stock?
Yes. Nakayama Steel Works (5408) has been listed on the Tokyo Stock Exchange since 2001, 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 Nakayama Steel Works share cost in rupees?
One Nakayama Steel Works share is ¥619.00 — about ₹378 at a JPY/INR rate of 0.6107 on 28 Sep 2026. Both the Nakayama Steel Works 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 Nakayama Steel Works 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 Nakayama Steel Works?
The Tokyo Stock Exchange typically trades in units of 100 shares.
How are gains on Nakayama Steel Works 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 Nakayama Steel Works price. Paasa issues a capital-gains statement for your return.
Does Nakayama Steel Works pay a dividend, and how is it taxed in India?
Yes. Nakayama Steel Works pays a dividend and the current yield is 3.07%; the last declared dividend was ¥14.00 per share, about ₹8.55. 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 Nakayama Steel Works 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 Nakayama Steel Works 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 Nakayama Steel Works 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 Nakayama Steel Works holding, its cost and its closing value.
How do I sell Nakayama Steel Works 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.