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5981JPXMarket openCloses 3:30pm JST

Tokyo Rope Mfg. Co., Ltd.

¥1,884.00Last updated
+¥24.00 (1.29%)Past day
Timezone

Tokyo Rope Mfg. Co., Ltd. (JPX: 5981) is trading at ¥1,884.00, about ₹1,150 at today's JPY/INR rate, as of 29 Sep 2026, 11:52 PM ET, up 1.29% today. Indian residents can buy Tokyo Rope Mfg. from India on Paasa under the RBI's Liberalised Remittance Scheme.

Quote

Open:¥1,850.00
Previous close:¥1,860.00
Volume:27.70K

Today's low

¥1,848.00

Today's high

¥1,885.00

52 week low

¥1,016.00

52 week high

¥2,162.00

5981 opened at ¥1,850.00, closed previously at ¥1,860.00, and has traded between ¥1,016.00 and ¥2,162.00 over the past 52 weeks.

About

Established in Tokyo, Japan, in 1887, Tokyo Rope Mfg. Co., Ltd. is a global leader in the production and distribution of advanced materials and engineering solutions. The company specializes in an extensive range of wire ropes, which are critical components for applications such as cranes, elevators, forestry and fishery operations, rope slings, and cableway systems. They also supply galvanized wires and strands, essential for both electric power and communication networks. Their product portfolio further includes various steel cords, such as specialized steel tire cords used in radial tires, high-strength hose wires for reinforcing high-pressure hoses, and precise saw wires for wafer and chip manufacturing. Tokyo Rope Mfg. Co., Ltd. is also a key producer of Carbon Fiber Composite Cables (CFCCs) and aluminum conductor fiber-reinforced products. Beyond material manufacturing, the company provides comprehensive engineering services, particularly for structural and bridge cable systems. They are also involved in the design and construction of vital infrastructure, including road safety devices like rock fall prevention nets, environmental protection products such as sound insulation walls, and various types of bridges, including cable-suspended designs. Additionally, the company produces and markets a diverse array of industrial machinery and metal fibers.

Country
JP
CEO
Hideyuki Harada
Exchange listed on
JPX
Industry
Industrial - Machinery
Base currency
JPY
Full Time Employees
1,430
Sector
Industrials
IPO date
01/01/2001

Key statistics

Avg. volume

128.05K

Market cap

¥29.05B

P/E Ratio

8.57

Price-to-sales ratio

0.45

Enterprise value

¥45.59B

Free cash flow yield

10.60%

Debt-to-equity ratio

0.54

Return on equity

8.45%

ROIC

5.70%

Beta

0.50

Dividend yield

3.98%

Last dividend

¥70.00

Financial overview

Revenue

¥64.09B

Earnings per share

¥223.67

Free cash flow

¥3.10B

Net profit margin

5.26%

Gross margin

23.64%

EBITDA

¥6.66B

Revenue growth

1.95%

Similar securities

This is not an investment recommendation

How to buy Tokyo Rope Mfg. from India

Indian residents can buy Tokyo Rope Mfg. 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 Tokyo Rope Mfg. and place an order

    Find Tokyo Rope Mfg. by name or by its ticker, 5981, and choose an order type. The Tokyo Stock Exchange typically trades in units of 100 shares. Tokyo Rope Mfg. trades 5:30 am – 12:00 pm IST; orders can only execute during that window.

  4. Track holdings and download tax reports

    Follow your Tokyo Rope Mfg. 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 Tokyo Rope Mfg. from India

Trading and taxes when buying Tokyo Rope Mfg. 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. Tokyo Rope Mfg.’s current yield is 3.98%.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 Tokyo Rope Mfg. stock?

Yes. Tokyo Rope Mfg. (5981) has been listed on the Tokyo Stock Exchange since 2001, in the Industrial - Machinery 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 Tokyo Rope Mfg. share cost in rupees?

One Tokyo Rope Mfg. share is ¥1,884.00 — about ₹1,150 at a JPY/INR rate of 0.6103 on 29 Sep 2026. Both the Tokyo Rope Mfg. 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 Tokyo Rope Mfg. 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 Tokyo Rope Mfg.?

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

How are gains on Tokyo Rope Mfg. 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 Tokyo Rope Mfg. price. Paasa issues a capital-gains statement for your return.

Does Tokyo Rope Mfg. pay a dividend, and how is it taxed in India?

Yes. Tokyo Rope Mfg. pays a dividend and the current yield is 3.98%; the last declared dividend was ¥70.00 per share, about ₹42.72. 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 Tokyo Rope Mfg. 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 Tokyo Rope Mfg. 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 Tokyo Rope Mfg. 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 Tokyo Rope Mfg. holding, its cost and its closing value.

How do I sell Tokyo Rope Mfg. 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.