Kurimoto, Ltd.
Kurimoto, Ltd. (JPX: 5602) is trading at ¥1,672.00, about ₹1,018 at today's JPY/INR rate, as of 25 Sep 2026, 2:30 AM ET, up 0.78% today. Indian residents can buy Kurimoto from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
¥1,647.00
Today's high
¥1,685.00
52 week low
¥1,329.00
52 week high
¥2,044.00
5602 opened at ¥1,649.00, closed previously at ¥1,659.00, and has traded between ¥1,329.00 and ¥2,044.00 over the past 52 weeks.
About
Kurimoto, Ltd., an Osaka, Japan-based company founded in 1909, operates internationally as a manufacturer and supplier. Its core business revolves around ductile iron pipes, a diverse range of valves, and various construction materials. The company's extensive pipe offerings encompass ductile iron pipes, including associated disaster prevention products, alongside pipes for sewerage, agricultural water, wells, and power cable protection. Kurimoto also specializes in a broad array of fiber-reinforced plastic (FRP) items, such as fiberglass-reinforced plastic mortar (FRPM) pipes, standard FRP pipes, FRPM panels, FRP pultrusion products, molded synthetic resin items, FRP cores, and FRP components tailored for machinery, equipment, and vehicles, in addition to winding core pipes. Their comprehensive valve portfolio features resilient seated gate, butterfly, emergency shut-off, automatic water level control and pressure regulating, orifice, float-type, air, reversing, spherical, sleeve, slide gate, hot blast, link seal, goggle, and blow-off valves, as well as general industrial valves. Beyond pipes and valves, Kurimoto provides essential construction and civil engineering materials like pit cover plates, general construction materials, and equipment for sanitary and air conditioning systems. In the automotive and transportation sectors, the company manufactures brake discs, specialized manufacturing equipment for vehicles, and components for railroad car braking systems. Furthermore, Kurimoto serves the energy and industrial machinery markets with products for the electricity, gas, petroleum, and coal industries. They offer soundproofing and noise reduction solutions, alongside manufacturing equipment for secondary batteries. Their processing equipment lineup includes crushers, pulverizers, mills, classifiers, dryers, calciners, kilns, mixers, kneaders, reactors, granulators, solvent recovery systems, deodorizing apparatus, and flue gas treatment equipment. The company also supplies forging presses, peripheral devices, bending rolls, a variety of high-performance and wear/heat-resistant casting products (including specific industrial equipment castings), and general fiber-reinforced plastic products. Additional industrial offerings comprise separating and conveying products, dredge pumps, and pharmaceutical equipment.
Key statistics
Avg. volume
281.67K
Market cap
¥101.48B
P/E Ratio
13.67
Price-to-sales ratio
0.78
Enterprise value
¥102.64B
Free cash flow yield
0.00%
Debt-to-equity ratio
0.19
Return on equity
8.07%
ROIC
5.07%
Beta
0.43
Dividend yield
3.44%
Last dividend
¥57.60
Financial overview
Revenue
¥128.13B
Earnings per share
¥110.43
Free cash flow
¥843.00M
Net profit margin
5.72%
Gross margin
26.91%
EBITDA
¥11.26B
Revenue growth
1.15%
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This is not an investment recommendation
How to buy Kurimoto from India
Indian residents can buy Kurimoto 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 Kurimoto and place an order
Find Kurimoto by name or by its ticker, 5602, and choose an order type. The Tokyo Stock Exchange typically trades in units of 100 shares. Kurimoto trades 5:30 am – 12:00 pm IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your Kurimoto 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 Kurimoto from India
Trading and taxes when buying Kurimoto 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. Kurimoto’s current yield is 3.44%.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 Kurimoto stock?
Yes. Kurimoto (5602) 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 Kurimoto share cost in rupees?
One Kurimoto share is ¥1,672.00 — about ₹1,018 at a JPY/INR rate of 0.6089 on 25 Sep 2026. Both the Kurimoto 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 Kurimoto 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 Kurimoto?
The Tokyo Stock Exchange typically trades in units of 100 shares.
How are gains on Kurimoto 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 Kurimoto price. Paasa issues a capital-gains statement for your return.
Does Kurimoto pay a dividend, and how is it taxed in India?
Yes. Kurimoto pays a dividend and the current yield is 3.44%; the last declared dividend was ¥57.60 per share, about ₹35.07. 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 Kurimoto 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 Kurimoto 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 Kurimoto 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 Kurimoto holding, its cost and its closing value.
How do I sell Kurimoto 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.