Yamashin-Filter Corp.
Yamashin-Filter Corp. (JPX: 6240) is trading at ¥515.00, about ₹314 at today's JPY/INR rate, as of 30 Sep 2026, 2:30 AM ET, down 0.19% today. Indian residents can buy Yamashin-Filter from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
¥509.00
Today's high
¥520.00
52 week low
¥471.00
52 week high
¥849.00
6240 opened at ¥519.00, closed previously at ¥516.00, and has traded between ¥471.00 and ¥849.00 over the past 52 weeks.
About
Yamashin-Filter Corp., established in 1956 and based in Yokohama, Japan, is a leading manufacturer specializing in the development, production, and distribution of a diverse array of filtration solutions. The company's comprehensive product line includes filters engineered for heavy machinery, such as those used in construction and agriculture, covering hydraulic fluid, engine oil, fuel, and transmission systems. Beyond this, it provides essential industrial filters for precision and general industrial equipment, designed to purify various liquids including hydraulic fluid and lubricants. Yamashin-Filter also excels in specialized process filters crucial for filtration and separation in diverse manufacturing sectors like electronics, precision components, LCD production, and the food industry. Additionally, the firm offers a variety of air filters suitable for different environments, from commercial and industrial facilities to machinery and vehicles. Leveraging its advanced YAMASHIN NANO FILTER technology, it manufactures medical-grade masks and associated replacement inner sheets. Operating with a global presence, the company serves markets across Japan, Asia, North America, and Europe. Initially incorporated as Yamashin Industry Inc., the company officially adopted its current name, Yamashin-Filter Corp., in October 2005.
Key statistics
Avg. volume
344.90K
Market cap
¥35.85B
P/E Ratio
21.86
Price-to-sales ratio
1.69
Enterprise value
¥27.83B
Free cash flow yield
5.46%
Debt-to-equity ratio
0.17
Return on equity
7.53%
ROIC
7.06%
Beta
0.88
Dividend yield
3.88%
Last dividend
¥18.00
Financial overview
Revenue
¥20.94B
Earnings per share
¥24.62
Free cash flow
¥1.80B
Net profit margin
7.71%
Gross margin
43.38%
EBITDA
¥3.38B
Revenue growth
4.16%
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This is not an investment recommendation
How to buy Yamashin-Filter from India
Indian residents can buy Yamashin-Filter 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 Yamashin-Filter and place an order
Find Yamashin-Filter by name or by its ticker, 6240, and choose an order type. The Tokyo Stock Exchange typically trades in units of 100 shares. Yamashin-Filter trades 5:30 am – 12:00 pm IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your Yamashin-Filter 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 Yamashin-Filter from India
Trading and taxes when buying Yamashin-Filter 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. Yamashin-Filter’s current yield is 3.88%.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 Yamashin-Filter stock?
Yes. Yamashin-Filter (6240) has been listed on the Tokyo Stock Exchange since 2014, 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 Yamashin-Filter share cost in rupees?
One Yamashin-Filter share is ¥515.00 — about ₹314 at a JPY/INR rate of 0.6103 on 29 Sep 2026. Both the Yamashin-Filter 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 Yamashin-Filter 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 Yamashin-Filter?
The Tokyo Stock Exchange typically trades in units of 100 shares.
How are gains on Yamashin-Filter 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 Yamashin-Filter price. Paasa issues a capital-gains statement for your return.
Does Yamashin-Filter pay a dividend, and how is it taxed in India?
Yes. Yamashin-Filter pays a dividend and the current yield is 3.88%; the last declared dividend was ¥18.00 per share, about ₹10.99. 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 Yamashin-Filter 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 Yamashin-Filter 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 Yamashin-Filter 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 Yamashin-Filter holding, its cost and its closing value.
How do I sell Yamashin-Filter 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.