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8368JPXMarket openCloses 3:30pm JST

The Hyakugo Bank, Ltd.

¥2,562.00Last updated
-¥42.00 (1.61%)Past day
Timezone

The Hyakugo Bank, Ltd. (JPX: 8368) is trading at ¥2,562.00, about ₹1,565 at today's JPY/INR rate, as of 28 Sep 2026, 10:30 PM ET, down 1.61% today. Indian residents can buy The Hyakugo Bank from India on Paasa under the RBI's Liberalised Remittance Scheme.

Quote

Open:¥2,581.00
Previous close:¥2,604.00
Volume:337.20K

Today's low

¥2,538.00

Today's high

¥2,604.00

52 week low

¥881.00

52 week high

¥2,636.00

8368 opened at ¥2,581.00, closed previously at ¥2,604.00, and has traded between ¥881.00 and ¥2,636.00 over the past 52 weeks.

About

The Hyakugo Bank, Ltd. operates as a Japanese financial institution, delivering a comprehensive array of banking and financial services throughout Japan. Beyond its core offerings, the company provides diverse solutions such as credit card and guarantee facilities, leasing services, regional industry research and consulting, computer information processing, and financial instrument transactions. It also undertakes cash examination and arrangement, conducts surveys and appraisals for collateralized real estate, and assists with employment placement and labor management. Additionally, the bank offers printing, storage, and administrative services for documents and account books, alongside managing and administering banknotes and bonds. As of March 31, 2020, its operational footprint included 85 branches and 30 sub-branches across Mie prefecture, 21 branches in Aichi prefecture, a single branch in Wakayama prefecture, and two branches situated in Tokyo and Osaka. The bank also maintained three international representative offices in Singapore, Shanghai, and Bangkok, supported by a network of 205 ATMs. Founded in 1878, the institution was initially known as the 105th National Chartered Bank, changing its name to The Hyakugo Bank, Ltd. in 1897. Its headquarters are located in Tsu, Japan.

Country
JP
CEO
Masakazu Sugiura
Exchange listed on
JPX
Industry
Banks - Regional
Base currency
JPY
Full Time Employees
2,828
Sector
Financial Services
IPO date
01/01/2001

Key statistics

Avg. volume

824.92K

Market cap

¥618.44B

P/E Ratio

19.97

Price-to-sales ratio

3.57

Enterprise value

¥510.29B

Free cash flow yield

0.00%

Debt-to-equity ratio

1.38

Return on equity

6.15%

ROIC

0.39%

Beta

1.00

Dividend yield

1.64%

Last dividend

¥34.00

Financial overview

Revenue

¥160.51B

Earnings per share

¥110.30

Free cash flow

¥38.68B

Net profit margin

17.96%

Gross margin

84.89%

EBITDA

¥40.91B

Revenue growth

30.29%

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This is not an investment recommendation

How to buy The Hyakugo Bank from India

Indian residents can buy The Hyakugo Bank 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.

  1. 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.

  2. 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.

  3. Search for The Hyakugo Bank and place an order

    Find The Hyakugo Bank by name or by its ticker, 8368, and choose an order type. The Tokyo Stock Exchange typically trades in units of 100 shares. The Hyakugo Bank trades 5:30 am – 12:00 pm IST; orders can only execute during that window.

  4. Track holdings and download tax reports

    Follow your The Hyakugo Bank 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 The Hyakugo Bank from India

Trading and taxes when buying The Hyakugo Bank 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. The Hyakugo Bank’s current yield is 1.64%.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 The Hyakugo Bank stock?

Yes. The Hyakugo Bank (8368) has been listed on the Tokyo Stock Exchange since 2001, in the Banks - Regional 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 The Hyakugo Bank share cost in rupees?

One The Hyakugo Bank share is ¥2,562.00 — about ₹1,565 at a JPY/INR rate of 0.6107 on 28 Sep 2026. Both the The Hyakugo Bank 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 The Hyakugo Bank 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 The Hyakugo Bank?

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

How are gains on The Hyakugo Bank 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 The Hyakugo Bank price. Paasa issues a capital-gains statement for your return.

Does The Hyakugo Bank pay a dividend, and how is it taxed in India?

Yes. The Hyakugo Bank pays a dividend and the current yield is 1.64%; the last declared dividend was ¥34.00 per share, about ₹20.76. 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 The Hyakugo Bank 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 The Hyakugo Bank 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 The Hyakugo Bank 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 The Hyakugo Bank holding, its cost and its closing value.

How do I sell The Hyakugo Bank 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.