Shinwa Co., Ltd.
Shinwa Co., Ltd. (JPX: 7607) is trading at ¥3,065.00, about ₹1,866 at today's JPY/INR rate, as of 25 Sep 2026, 2:30 AM ET, down 0.33% today. Indian residents can buy Shinwa from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
¥3,065.00
Today's high
¥3,085.00
52 week low
¥2,853.00
52 week high
¥3,445.00
7607 opened at ¥3,080.00, closed previously at ¥3,075.00, and has traded between ¥2,853.00 and ¥3,445.00 over the past 52 weeks.
About
Shinwa Co., Ltd. operates as a comprehensive enterprise engaged in engineering, manufacturing, trading, and logistics within various industrial sectors. The company offers a wide array of metal joining products and solutions, encompassing equipment and consumables for welding, brazing, and soldering, alongside specialized items like sealants and adhesive coating machinery. Additionally, Shinwa provides expert brazing services, advanced joining technology, and undertakes development and subcontracting assignments. Its portfolio also includes sophisticated factory automation systems, such as industrial control devices, production information management solutions, and robotics. Furthermore, Shinwa supplies diverse industrial machinery, including precision dispensing systems, labor-saving equipment, press peripheral units, and environmental safety apparatus. Other specialized products consist of multi-stage heating devices, paint spray guns, laser markers, blasting machines, and oil-water separators. The company extends its services to include extensive maintenance and support. This covers the overhaul of equipment like press forging machines, mixers/kneaders, and injection-molding machines, as well as inspection and repair for various press machines. Shinwa also performs modifications and repairs for carrier devices and press peripheral equipment, provides specialized repair welding for forging dies, and offers on-site equipment and facility maintenance. Beyond these industrial operations, Shinwa is involved in developing multi-story car parking facilities. It also manufactures and sells auxiliary materials such as rings and fluxes, and specializes in the design and fabrication of jigs and tools. The company further provides automation solutions and system maintenance services, specifically catering to the aircraft and aerospace industries. Shinwa serves a vast range of sectors, including automotive, electrical, electronics, semiconductor, paper, rubber, home appliances, resin, and aviation and aerospace. Its market presence extends across Japan, the United States, the United Kingdom, Canada, the Czech Republic, China, India, Thailand, and other international regions. Founded in Nagoya, Japan, in 1951, the company was initially known as Shinwa Trading Co., Ltd. before being renamed Shinwa Co., Ltd. in April 1973.
Key statistics
Avg. volume
29.76K
Market cap
¥41.12B
P/E Ratio
11.79
Price-to-sales ratio
0.46
Enterprise value
¥19.46B
Free cash flow yield
25.60%
Debt-to-equity ratio
0.04
Return on equity
7.73%
ROIC
6.78%
Beta
0.65
Dividend yield
4.05%
Last dividend
¥124.00
Financial overview
Revenue
¥86.15B
Earnings per share
¥247.22
Free cash flow
¥10.58B
Net profit margin
3.87%
Gross margin
16.02%
EBITDA
¥5.66B
Revenue growth
10.66%
Similar securities
This is not an investment recommendation
How to buy Shinwa from India
Indian residents can buy Shinwa 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 Shinwa and place an order
Find Shinwa by name or by its ticker, 7607, and choose an order type. The Tokyo Stock Exchange typically trades in units of 100 shares. Shinwa trades 5:30 am – 12:00 pm IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your Shinwa 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 Shinwa from India
Trading and taxes when buying Shinwa 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. Shinwa’s current yield is 4.05%.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 Shinwa stock?
Yes. Shinwa (7607) has been listed on the Tokyo Stock Exchange since 2002, 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 Shinwa share cost in rupees?
One Shinwa share is ¥3,065.00 — about ₹1,866 at a JPY/INR rate of 0.6090 on 26 Sep 2026. Both the Shinwa 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 Shinwa 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 Shinwa?
The Tokyo Stock Exchange typically trades in units of 100 shares.
How are gains on Shinwa 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 Shinwa price. Paasa issues a capital-gains statement for your return.
Does Shinwa pay a dividend, and how is it taxed in India?
Yes. Shinwa pays a dividend and the current yield is 4.05%; the last declared dividend was ¥124.00 per share, about ₹75.51. 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 Shinwa 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 Shinwa 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 Shinwa 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 Shinwa holding, its cost and its closing value.
How do I sell Shinwa 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.