TOKAI Corp.
TOKAI Corp. (JPX: 9729) is trading at ¥2,498.00, about ₹1,525 at today's JPY/INR rate, as of 30 Sep 2026, 2:30 AM ET, down 0.36% today. Indian residents can buy TOKAI from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
¥2,471.00
Today's high
¥2,521.00
52 week low
¥2,080.00
52 week high
¥2,866.00
9729 opened at ¥2,521.00, closed previously at ¥2,507.00, and has traded between ¥2,080.00 and ¥2,866.00 over the past 52 weeks.
About
Established in 1955 and headquartered in Gifu, Japan, TOKAI Corp. offers a comprehensive suite of services throughout Japan, centered around enhancing the quality of life. Within the healthcare sector, the company is a key provider, offering rental solutions for hospital bedding and lab coats, handling in-hospital logistics, supplying linens, and providing nursing support. They also facilitate long-term care by supplying and renting essential equipment. A diverse food service line, including regular, therapeutic, and soft meal options, along with the management of dispensing pharmacies, further supports health-related needs. Expanding beyond direct patient care, TOKAI Corp. furnishes bedding and linens for hotels and various accommodation providers. The company also manufactures and markets cleaning equipment. Additionally, TOKAI Corp. reaches homes and offices with water delivery services under the Aqua Clara brand. They provide building maintenance specifically for medical and welfare institutions and manage information distribution services. Their environmental focus includes the rental and sale of beautification products under the Leeskin brand, alongside the development and commercialization of solar power plant facilities.
Key statistics
Avg. volume
30.34K
Market cap
¥77.15B
P/E Ratio
13.18
Price-to-sales ratio
0.48
Enterprise value
¥57.63B
Free cash flow yield
10.14%
Debt-to-equity ratio
0.06
Return on equity
7.25%
ROIC
6.59%
Beta
0.35
Dividend yield
2.96%
Last dividend
¥68.00
Financial overview
Revenue
¥159.66B
Earnings per share
¥185.60
Free cash flow
¥8.16B
Net profit margin
3.83%
Gross margin
24.55%
EBITDA
¥14.59B
Revenue growth
6.77%
Similar securities
This is not an investment recommendation
How to buy TOKAI from India
Indian residents can buy TOKAI 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 TOKAI and place an order
Find TOKAI by name or by its ticker, 9729, and choose an order type. The Tokyo Stock Exchange typically trades in units of 100 shares. TOKAI trades 5:30 am – 12:00 pm IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your TOKAI 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 TOKAI from India
Trading and taxes when buying TOKAI 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. TOKAI’s current yield is 2.96%.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 TOKAI stock?
Yes. TOKAI (9729) has been listed on the Tokyo Stock Exchange since 2010, in the Rental & Leasing Services 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 TOKAI share cost in rupees?
One TOKAI share is ¥2,498.00 — about ₹1,525 at a JPY/INR rate of 0.6103 on 29 Sep 2026. Both the TOKAI 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 TOKAI 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 TOKAI?
The Tokyo Stock Exchange typically trades in units of 100 shares.
How are gains on TOKAI 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 TOKAI price. Paasa issues a capital-gains statement for your return.
Does TOKAI pay a dividend, and how is it taxed in India?
Yes. TOKAI pays a dividend and the current yield is 2.96%; the last declared dividend was ¥68.00 per share, about ₹41.50. 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 TOKAI 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 TOKAI 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 TOKAI 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 TOKAI holding, its cost and its closing value.
How do I sell TOKAI 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.