Tone Co., Ltd.
Tone Co., Ltd. (JPX: 5967) is trading at ¥440.00, about ₹269 at today's JPY/INR rate, as of 29 Sep 2026, 2:30 AM ET, up 1.15% today. Indian residents can buy Tone from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
¥431.00
Today's high
¥440.00
52 week low
¥404.00
52 week high
¥644.00
5967 opened at ¥435.00, closed previously at ¥435.00, and has traded between ¥404.00 and ¥644.00 over the past 52 weeks.
About
Tone Co., Ltd. is a prominent global entity that designs, manufactures, and distributes a comprehensive range of professional tools under its proprietary TONE brand. The company’s core offerings include advanced hand tools, robust power tools, and precise torque measuring instruments, reaching customers across Asia, North America, Europe, and other global markets, managed through its distinct domestic and international operating divisions. Its diverse product portfolio encompasses everything from complete tool sets, storage solutions, and specialized automotive and bicycle repair tools to various torque wrenches, durable stainless steel and titanium implements, air tools, and essential accessories. Tone also provides an array of efficiency-enhancing tools, such as electric tools, nutrunners, shear wrenches, torshat devices, and advanced power digi torque/power wrenches with accompanying equipment sockets. For general workshop needs, they supply a full complement of work tools, including socket wrench sets, adapters, hammers, handles, T and L wrenches, drivers, bits, adjustable and pipe wrenches, spanners, and pliers. These high-quality tools serve a broad spectrum of industries, including general manufacturing, aerospace, construction, automotive, bridge building, plant engineering, transportation, and renewable energy sectors. Founded in 1938, the company was initially known as Maeda Metal Industries, Ltd. before rebranding as Tone Co., Ltd. in November 2013. Its corporate headquarters are situated in Osaka, Japan.
Key statistics
Avg. volume
22.25K
Market cap
¥9.53B
P/E Ratio
8.99
Price-to-sales ratio
1.21
Enterprise value
¥7.43B
Free cash flow yield
23.00%
Debt-to-equity ratio
0.30
Return on equity
9.07%
ROIC
5.59%
Beta
0.37
Dividend yield
2.95%
Last dividend
¥13.00
Financial overview
Revenue
¥7.86B
Earnings per share
¥50.16
Free cash flow
¥2.19B
Net profit margin
13.86%
Gross margin
41.59%
EBITDA
¥1.51B
Revenue growth
3.53%
Similar securities
This is not an investment recommendation
How to buy Tone from India
Indian residents can buy Tone 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 Tone and place an order
Find Tone by name or by its ticker, 5967, and choose an order type. The Tokyo Stock Exchange typically trades in units of 100 shares. Tone trades 5:30 am – 12:00 pm IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your Tone 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 Tone from India
Trading and taxes when buying Tone 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. Tone’s current yield is 2.95%.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 Tone stock?
Yes. Tone (5967) has been listed on the Tokyo Stock Exchange since 2000, in the Manufacturing - Tools & Accessories 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 Tone share cost in rupees?
One Tone share is ¥440.00 — about ₹269 at a JPY/INR rate of 0.6107 on 28 Sep 2026. Both the Tone 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 Tone 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 Tone?
The Tokyo Stock Exchange typically trades in units of 100 shares.
How are gains on Tone 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 Tone price. Paasa issues a capital-gains statement for your return.
Does Tone pay a dividend, and how is it taxed in India?
Yes. Tone pays a dividend and the current yield is 2.95%; the last declared dividend was ¥13.00 per share, about ₹7.94. 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 Tone 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 Tone 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 Tone 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 Tone holding, its cost and its closing value.
How do I sell Tone 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.