Hisaka Works, Ltd.
Hisaka Works, Ltd. (JPX: 6247) is trading at ¥1,648.00, about ₹1,006 at today's JPY/INR rate, as of 29 Sep 2026, 2:30 AM ET, down 4.30% today. Indian residents can buy Hisaka Works from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
¥1,648.00
Today's high
¥1,703.00
52 week low
¥1,302.00
52 week high
¥1,872.00
6247 opened at ¥1,698.00, closed previously at ¥1,722.00, and has traded between ¥1,302.00 and ¥1,872.00 over the past 52 weeks.
About
Hisaka Works, Ltd. operates globally in the manufacturing and distribution of industrial machinery. Its operations are structured into several distinct segments: Heat Exchanger, Process Engineering, Valve, and Other. The Heat Exchanger segment provides a comprehensive range of heat transfer equipment, such as various plate heat exchanger designs (including multi-gap, welded, and brazed variants), plate condensers, and PTFE cushion gaskets. These solutions are integral to diverse industries, including chemical processing, food and beverage, maritime, power generation, light manufacturing, steel production, metal smelting, plant operations, semiconductor fabrication, paper and pulp, refrigeration, heat pump technology, hot water supply, general heating, and HVAC systems. The Process Engineering segment specializes in machinery tailored for different sectors. Within food processing, it develops sterilizers, evaporator-concentrator systems, factory automation tools, and specialized testing equipment. For pharmaceutical applications, offerings include sterilizers (both general and continuous liquid types), advanced evaporation concentrator systems, and pure steam generators. The textile dyeing and finishing sector benefits from their liquid dyeing, multi-purpose air jet processing, general dyeing processing, beam-dyeing, and cheese dyeing/drying machines, alongside complementary equipment options. The Valve segment produces a selection of valves, notably 2-way, 3-way, and 4-way ball valves, as well as diaphragm valves. The "Other" segment is dedicated to solar power generation initiatives. Founded in 1942, the company, originally named MITSUISHI Ind., officially became Hisaka Works, Ltd. in August 1951. Its corporate headquarters are situated in Osaka, Japan.
Key statistics
Avg. volume
68.46K
Market cap
¥43.33B
P/E Ratio
11.66
Price-to-sales ratio
0.95
Enterprise value
¥37.65B
Free cash flow yield
0.00%
Debt-to-equity ratio
0.07
Return on equity
6.00%
ROIC
3.49%
Beta
0.40
Dividend yield
3.34%
Last dividend
¥55.00
Financial overview
Revenue
¥44.89B
Earnings per share
¥130.19
Free cash flow
-¥1.13B
Net profit margin
8.16%
Gross margin
23.12%
EBITDA
¥6.57B
Revenue growth
17.04%
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This is not an investment recommendation
How to buy Hisaka Works from India
Indian residents can buy Hisaka Works 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 Hisaka Works and place an order
Find Hisaka Works by name or by its ticker, 6247, and choose an order type. The Tokyo Stock Exchange typically trades in units of 100 shares. Hisaka Works trades 5:30 am – 12:00 pm IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your Hisaka Works 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 Hisaka Works from India
Trading and taxes when buying Hisaka Works 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. Hisaka Works’ current yield is 3.34%.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 Hisaka Works stock?
Yes. Hisaka Works (6247) 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 Hisaka Works share cost in rupees?
One Hisaka Works share is ¥1,648.00 — about ₹1,006 at a JPY/INR rate of 0.6107 on 28 Sep 2026. Both the Hisaka Works 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 Hisaka Works 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 Hisaka Works?
The Tokyo Stock Exchange typically trades in units of 100 shares.
How are gains on Hisaka Works 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 Hisaka Works price. Paasa issues a capital-gains statement for your return.
Does Hisaka Works pay a dividend, and how is it taxed in India?
Yes. Hisaka Works pays a dividend and the current yield is 3.34%; the last declared dividend was ¥55.00 per share, about ₹33.59. 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 Hisaka Works 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 Hisaka Works 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 Hisaka Works 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 Hisaka Works holding, its cost and its closing value.
How do I sell Hisaka Works 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.