ZERO Co., Ltd.
ZERO Co., Ltd. (JPX: 9028) is trading at ¥3,305.00, about ₹2,018 at today's JPY/INR rate, as of 29 Sep 2026, 1:02 AM ET, down 0.45% today. Indian residents can buy ZERO from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
¥3,295.00
Today's high
¥3,335.00
52 week low
¥2,938.00
52 week high
¥4,185.00
9028 opened at ¥3,335.00, closed previously at ¥3,320.00, and has traded between ¥2,938.00 and ¥4,185.00 over the past 52 weeks.
About
Operating across Japan with its various subsidiaries, ZERO Co., Ltd. specializes in a comprehensive suite of vehicle transportation and maintenance solutions. Key offerings encompass the delivery of both new and pre-owned vehicles, alongside convenient door-to-door transport for private cars and motorbikes. The company also provides diverse maintenance services, covering new and heavy vehicles, among others. Its support extends to auto auction activities, including vehicle handling and rigorous inspection, in addition to offering vehicle selection assistance. Beyond these core services, ZERO facilitates general cargo movement, offers port transportation and warehousing capabilities, and delivers robust vehicle control and management. The firm also handles customs clearance, exports and sells used automobiles and their parts, and provides human resources solutions, including temporary and placement staffing, as well as pick-up and dispatch services. Founded in 1961, the company was initially known as Nissan Transportation Co. Ltd. before adopting the name ZERO Co., Ltd. in May 2001. Its corporate headquarters are located in Kawasaki, Japan.
Key statistics
Avg. volume
14.59K
Market cap
¥55.53B
P/E Ratio
7.74
Price-to-sales ratio
0.37
Enterprise value
¥49.52B
Free cash flow yield
9.80%
Debt-to-equity ratio
0.23
Return on equity
15.82%
ROIC
11.21%
Beta
0.23
Dividend yield
4.25%
Last dividend
¥140.30
Financial overview
Revenue
¥150.56B
Earnings per share
¥424.88
Free cash flow
¥5.44B
Net profit margin
4.79%
Gross margin
14.47%
EBITDA
¥15.54B
Revenue growth
1.84%
Similar securities
This is not an investment recommendation
How to buy ZERO from India
Indian residents can buy ZERO 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 ZERO and place an order
Find ZERO by name or by its ticker, 9028, and choose an order type. The Tokyo Stock Exchange typically trades in units of 100 shares. ZERO trades 5:30 am – 12:00 pm IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your ZERO 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 ZERO from India
Trading and taxes when buying ZERO 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. ZERO’s current yield is 4.25%.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 ZERO stock?
Yes. ZERO (9028) has been listed on the Tokyo Stock Exchange since 2005, in the Trucking 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 ZERO share cost in rupees?
One ZERO share is ¥3,305.00 — about ₹2,018 at a JPY/INR rate of 0.6107 on 28 Sep 2026. Both the ZERO 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 ZERO 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 ZERO?
The Tokyo Stock Exchange typically trades in units of 100 shares.
How are gains on ZERO 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 ZERO price. Paasa issues a capital-gains statement for your return.
Does ZERO pay a dividend, and how is it taxed in India?
Yes. ZERO pays a dividend and the current yield is 4.25%; the last declared dividend was ¥140.30 per share, about ₹85.68. 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 ZERO 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 ZERO 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 ZERO 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 ZERO holding, its cost and its closing value.
How do I sell ZERO 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.