Sanden Corporation
Sanden Corporation (JPX: 6444) is trading at ¥190.00, about ₹116 at today's JPY/INR rate, as of 30 Sep 2026, 2:30 AM ET, up 0.53% today. Indian residents can buy Sanden from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
¥186.00
Today's high
¥190.00
52 week low
¥118.00
52 week high
¥211.00
6444 opened at ¥188.00, closed previously at ¥189.00, and has traded between ¥118.00 and ¥211.00 over the past 52 weeks.
About
Operating internationally through its various subsidiaries, Sanden Corporation focuses on the production and distribution of automotive equipment systems. Their comprehensive range of automotive air-conditioning solutions encompasses full system units, condensers, evaporators, heater cores, electric coolant heaters, specialized AC piping, and intercoolers, as well as complete heating, ventilation, and air-conditioning (HVAC) units. The company is also a significant producer of compressors for automotive air conditioning, including electric models, variable displacement types like swash plate and wobble plate designs, fixed displacement types such as wobble and scroll plate, and CO2 compressors. Beyond the automotive sector, Sanden also provides systems for residential and environmental applications. Established in 1943 with its headquarters in Isesaki, Japan, the company was known as Sanden Holdings Corporation until its name change to Sanden Corporation in January 2022. Sanden Corporation is a subsidiary of Hisense Japan Automotive Air-Conditioning Systems Corporation.
Key statistics
Avg. volume
120.05K
Market cap
¥21.41B
P/E Ratio
4.33
Price-to-sales ratio
0.10
Enterprise value
¥78.61B
Free cash flow yield
-44.35%
Debt-to-equity ratio
2.63
Return on equity
1.03%
ROIC
-0.79%
Beta
0.77
Dividend yield
0.00%
Last dividend
¥0.00
Financial overview
Revenue
¥190.88B
Earnings per share
¥2.46
Free cash flow
-¥6.67B
Net profit margin
2.38%
Gross margin
15.11%
EBITDA
¥10.64B
Revenue growth
3.82%
Similar securities
This is not an investment recommendation
How to buy Sanden from India
Indian residents can buy Sanden 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 Sanden and place an order
Find Sanden by name or by its ticker, 6444, and choose an order type. The Tokyo Stock Exchange typically trades in units of 100 shares. Sanden trades 5:30 am – 12:00 pm IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your Sanden position in JPY and INR. Sanden pays no dividend today, so your filing is the capital-gains statement plus the Schedule FA holding line.
Read the full guide: how to invest in Sanden from India
Trading and taxes when buying Sanden 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
- NoneSanden does not currently pay a dividend. If it starts, dividends are taxed at your slab rate in India.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 Sanden stock?
Yes. Sanden (6444) has been listed on the Tokyo Stock Exchange since 2001, in the Auto - Parts 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 Sanden share cost in rupees?
One Sanden share is ¥190.00 — about ₹116 at a JPY/INR rate of 0.6103 on 29 Sep 2026. Both the Sanden 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 Sanden 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 Sanden?
The Tokyo Stock Exchange typically trades in units of 100 shares.
How are gains on Sanden 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 Sanden price. Paasa issues a capital-gains statement for your return.
Does Sanden pay a dividend?
No. Sanden does not currently pay a dividend, so holding it produces no dividend income to declare in India. If it starts paying one, the Indian treatment is the usual one — dividends are taxed at your slab rate in India — and Paasa's dividend report would show the gross amount and any tax withheld.
When can I trade Sanden 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 Sanden 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 Sanden 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 Sanden holding, its cost and its closing value.
How do I sell Sanden 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.