Mikuni Corporation
Mikuni Corporation (JPX: 7247) is trading at ¥365.00, about ₹223 at today's JPY/INR rate, as of 29 Sep 2026, 10:15 PM ET, up 1.11% today. Indian residents can buy Mikuni from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
¥361.00
Today's high
¥365.00
52 week low
¥323.00
52 week high
¥435.00
7247 opened at ¥361.00, closed previously at ¥361.00, and has traded between ¥323.00 and ¥435.00 over the past 52 weeks.
About
Mikuni Corporation, founded in 1923 and headquartered in Tokyo, Japan, operates globally, focusing on the manufacturing and sale of a diverse range of products. Its offerings for the automotive sector include heating, intake, valve, and thermal management systems, along with various sensors and pumps. The company also provides essential components for motorcycles and power equipment. Beyond vehicle applications, Mikuni produces gas and water regulation devices, parts for fuel cell technology, and humidifiers, in addition to general consumer products and assistive devices for nursing and elder care. Furthermore, Mikuni engages in the trading of precision-machined materials, such as castings and forgings for aircraft, related parts, accessories, and maintenance supplies. It also imports and distributes machinery like lawnmowers, turf-care equipment, and other industrial parts. Among its specialized engine components are fuel injection systems and associated devices, carburetors, diverse pumps, control valves, and engine preheating units. The company formally changed its name from Mikuni Kogyo Co., Ltd. to Mikuni Corporation in 1991.
Key statistics
Avg. volume
82.57K
Market cap
¥12.27B
P/E Ratio
11.84
Price-to-sales ratio
0.12
Enterprise value
¥46.27B
Free cash flow yield
0.00%
Debt-to-equity ratio
0.93
Return on equity
2.61%
ROIC
1.59%
Beta
0.48
Dividend yield
4.11%
Last dividend
¥14.00
Financial overview
Revenue
¥103.42B
Earnings per share
¥35.57
Free cash flow
¥6.24B
Net profit margin
0.98%
Gross margin
15.82%
EBITDA
¥9.85B
Revenue growth
1.96%
Similar securities
This is not an investment recommendation
How to buy Mikuni from India
Indian residents can buy Mikuni 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 Mikuni and place an order
Find Mikuni by name or by its ticker, 7247, and choose an order type. The Tokyo Stock Exchange typically trades in units of 100 shares. Mikuni trades 5:30 am – 12:00 pm IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your Mikuni 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 Mikuni from India
Trading and taxes when buying Mikuni 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. Mikuni’s current yield is 4.11%.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 Mikuni stock?
Yes. Mikuni (7247) 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 Mikuni share cost in rupees?
One Mikuni share is ¥365.00 — about ₹223 at a JPY/INR rate of 0.6103 on 29 Sep 2026. Both the Mikuni 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 Mikuni 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 Mikuni?
The Tokyo Stock Exchange typically trades in units of 100 shares.
How are gains on Mikuni 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 Mikuni price. Paasa issues a capital-gains statement for your return.
Does Mikuni pay a dividend, and how is it taxed in India?
Yes. Mikuni pays a dividend and the current yield is 4.11%; the last declared dividend was ¥14.00 per share, about ₹8.54. 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 Mikuni 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 Mikuni 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 Mikuni 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 Mikuni holding, its cost and its closing value.
How do I sell Mikuni 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.