Question 1

Can Indian residents buy Oie Sangyo stock?

Accepted Answer

Yes. Oie Sangyo (7481) has been listed on the Tokyo Stock Exchange since 2001, in the Food Distribution 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.

Question 2

How much does one Oie Sangyo share cost in rupees?

Accepted Answer

One Oie Sangyo share is ¥2,560.00 — about ₹1,562 at a JPY/INR rate of 0.6103 on 30 Sep 2026. Both the Oie Sangyo price and the rupee rate move during the day, so the rupee cost changes with them.

Question 3

What are the LRS and TCS rules for buying Oie Sangyo from India?

Accepted Answer

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.

Question 4

What is the minimum I can buy of Oie Sangyo?

Accepted Answer

The Tokyo Stock Exchange typically trades in units of 100 shares.

Question 5

How are gains on Oie Sangyo shares taxed in India?

Accepted Answer

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 Oie Sangyo price. Paasa issues a capital-gains statement for your return.

Question 6

Does Oie Sangyo pay a dividend, and how is it taxed in India?

Accepted Answer

Yes. Oie Sangyo pays a dividend and the current yield is 4.18%; the last declared dividend was ¥107.00 per share, about ₹65.30. 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.

Question 7

When can I trade Oie Sangyo from India?

Accepted Answer

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.

Question 8

Is there estate or inheritance tax on Oie Sangyo shares held from India?

Accepted Answer

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.

Question 9

Do I have to declare Oie Sangyo shares in my Indian tax return?

Accepted Answer

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 Oie Sangyo holding, its cost and its closing value.

Question 10

How do I sell Oie Sangyo and bring the money back to India?

Accepted Answer

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.