TRaaS On Product Inc.
TRaaS On Product Inc. (JPX: 6696) is trading at ¥297.00, about ₹181 at today's JPY/INR rate, as of 30 Sep 2026, 2:30 AM ET, down 1.33% today. Indian residents can buy TRaaS On Product from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
¥297.00
Today's high
¥304.00
52 week low
¥236.00
52 week high
¥491.00
6696 opened at ¥300.00, closed previously at ¥301.00, and has traded between ¥236.00 and ¥491.00 over the past 52 weeks.
About
TRaaS On Product Inc. specializes in the development and sale of various devices that leverage artificial intelligence (AI) and the Internet of Things (IoT) to establish digital connections between people and physical objects. Among its diverse product offerings are: SHISA: An automated check-in system primarily for managing personal equipment in lodging environments, complete with a personal identification feature. TRA-DeCA: A system designed to detect potential dangers by comparing individuals against an existing database. Cygnus: A flexible terminal capable of running a variety of applications, which can be customized to suit specific operational requirements. NGH: A platform that oversees information for accommodation facilities, including details on guest room services. T-signage: A solution for distributing programmed content. STB: A highly versatile device that functions not only for receiving and viewing television programs but also serves as a specialized computer, supports video playback and conferencing, facilitates IP broadcasting, operates as a digital signage platform, and acts as an IoT gateway, among other uses. The company also provides another product, likewise named SHISA, which serves as an outdoor digital display. Originally known as P3, Inc., the company officially adopted the name TRaaS On Product Inc. in April 2022. Established in 1995, TRaaS On Product Inc. maintains its corporate headquarters in Tokyo, Japan.
Key statistics
Avg. volume
82.41K
Market cap
¥1.43B
P/E Ratio
-12.55
Price-to-sales ratio
3.51
Enterprise value
¥1.77B
Free cash flow yield
-1.75%
Debt-to-equity ratio
0.47
Return on equity
-17.56%
ROIC
-7.19%
Beta
0.75
Dividend yield
0.00%
Last dividend
¥0.00
Financial overview
Revenue
¥485.94M
Earnings per share
-¥12.77
Free cash flow
-¥33.25M
Net profit margin
-27.98%
Gross margin
46.51%
EBITDA
¥3.19M
Revenue growth
18.09%
Similar securities
This is not an investment recommendation
How to buy TRaaS On Product from India
Indian residents can buy TRaaS On Product 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 TRaaS On Product and place an order
Find TRaaS On Product by name or by its ticker, 6696, and choose an order type. The Tokyo Stock Exchange typically trades in units of 100 shares. TRaaS On Product trades 5:30 am – 12:00 pm IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your TRaaS On Product position in JPY and INR. TRaaS On Product 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 TRaaS On Product from India
Trading and taxes when buying TRaaS On Product 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
- NoneTRaaS On Product 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 TRaaS On Product stock?
Yes. TRaaS On Product (6696) has been listed on the Tokyo Stock Exchange since 2017, in the Communication Equipment 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 TRaaS On Product share cost in rupees?
One TRaaS On Product share is ¥297.00 — about ₹181 at a JPY/INR rate of 0.6103 on 29 Sep 2026. Both the TRaaS On Product 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 TRaaS On Product 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 TRaaS On Product?
The Tokyo Stock Exchange typically trades in units of 100 shares.
How are gains on TRaaS On Product 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 TRaaS On Product price. Paasa issues a capital-gains statement for your return.
Does TRaaS On Product pay a dividend?
No. TRaaS On Product 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 TRaaS On Product 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 TRaaS On Product 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 TRaaS On Product 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 TRaaS On Product holding, its cost and its closing value.
How do I sell TRaaS On Product 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.