Molitec Steel Co., Ltd.
Molitec Steel Co., Ltd. (JPX: 5986) is trading at ¥287.00, about ₹175 at today's JPY/INR rate, as of 29 Sep 2026, 10:30 PM ET, up 0.35% today. Indian residents can buy Molitec Steel from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
¥284.00
Today's high
¥292.00
52 week low
¥187.00
52 week high
¥307.00
5986 opened at ¥286.00, closed previously at ¥286.00, and has traded between ¥187.00 and ¥307.00 over the past 52 weeks.
About
Molitec Steel Co., Ltd., headquartered in Osaka, Japan, is a prominent entity primarily engaged in the processing and distribution of steel strips within the Japanese market. The company offers an extensive range of press-worked products, including components for the automotive sector, household appliances, and agricultural machinery, alongside dies fabrication products, integrated drive plates, power springs, combine augers, and oil level gauges. Furthermore, Molitec provides heat-treated materials, notably hardened and tempered carbon steel strips and sheets. Its metal materials portfolio is comprehensive, featuring cold and hot rolled steel strips and sheets, spring and cold-rolled stainless steel strips, cold-rolled carbon steel strips and sheets, hot rolled mild steel sheets and strips, electrolytic zinc-coated steel sheets, and color-coated steel sheets. Beyond these core offerings, the company manufactures and sells various machinery tools, steel parts, and plastic products and parts, and conducts import and export activities for diverse merchandise. Established in 1943, the firm operated as Mori&Co. until it rebranded to Molitec Steel Co., Ltd. in January 1990.
Key statistics
Avg. volume
37.21K
Market cap
¥6.43B
P/E Ratio
5.02
Price-to-sales ratio
0.13
Enterprise value
¥5.35B
Free cash flow yield
10.56%
Debt-to-equity ratio
0.32
Return on equity
6.46%
ROIC
1.43%
Beta
0.34
Dividend yield
4.18%
Last dividend
¥12.00
Financial overview
Revenue
¥48.19B
Earnings per share
¥46.53
Free cash flow
¥532.21M
Net profit margin
2.67%
Gross margin
10.66%
EBITDA
¥1.21B
Revenue growth
-4.57%
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This is not an investment recommendation
How to buy Molitec Steel from India
Indian residents can buy Molitec 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 Molitec Steel and place an order
Find Molitec Steel by name or by its ticker, 5986, and choose an order type. The Tokyo Stock Exchange typically trades in units of 100 shares. Molitec Steel trades 5:30 am – 12:00 pm IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your Molitec 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 Molitec Steel from India
Trading and taxes when buying Molitec 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. Molitec Steel’s current yield is 4.18%.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 Molitec Steel stock?
Yes. Molitec Steel (5986) has been listed on the Tokyo Stock Exchange since 2000, 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 Molitec Steel share cost in rupees?
One Molitec Steel share is ¥287.00 — about ₹175 at a JPY/INR rate of 0.6103 on 29 Sep 2026. Both the Molitec 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 Molitec 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 Molitec Steel?
The Tokyo Stock Exchange typically trades in units of 100 shares.
How are gains on Molitec 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 Molitec Steel price. Paasa issues a capital-gains statement for your return.
Does Molitec Steel pay a dividend, and how is it taxed in India?
Yes. Molitec Steel pays a dividend and the current yield is 4.18%; the last declared dividend was ¥12.00 per share, about ₹7.32. 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 Molitec 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 Molitec 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 Molitec 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 Molitec Steel holding, its cost and its closing value.
How do I sell Molitec 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.