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Tokyo Stock Exchange · Technology

Invest in TRaaS On Product stock from India

Indian and foreign residents can buy TRaaS On Product (6696) shares directly through Paasa.

By Paasa · Updated

TRaaS On Product at a glance

Price
¥294.00+¥4.00 (1.38%)
Market cap
¥1.42B
Day range
¥282.00 – ¥296.00
P/E
-12.42
Dividend yield
None
Volume
22.30K
1 month
-7.26%
6 months
-25.57%
YTD
-3.29%
1 year
-23.83%
5 years
-41.20%

Live chart and statistics

TRaaS On Product statements, FY2021–FY2025

Fiscal year20252024202320222021
Revenue¥485.9M¥411.5M¥311.0M¥496.5M¥404.6M
Gross profit¥222.1M¥237.7M¥169.2M¥235.2M¥81.2M
Operating income−¥36.1M¥5.3M−¥69.4M−¥6.5M−¥356.6M
Net income−¥61.6M¥2.3M−¥85.8M−¥16.8M−¥517.8M
Earnings per share−¥12.77¥0.49−¥18.47−¥4.34−¥140.38
EBITDA¥3.2M¥29.5M−¥67.3M−¥8.1M−¥436.9M
Total assets¥564.3M¥542.5M¥513.3M¥527.9M¥298.9M
Total debt¥151.7M¥60.0M¥60.2M¥158.6M¥62.0M
Cash and short-term investments¥279.3M¥314.9M¥330.1M¥388.7M¥120.1M
Shareholders' equity¥350.9M¥412.1M¥408.1M¥327.9M¥209.2M
Operating cash flow−¥29.9M¥28.0M−¥72.6M¥18.1M−¥263.1M
Free cash flow−¥33.3M¥24.4M−¥128.2M−¥1.3M−¥301.1M
Capital expenditure−¥3.4M−¥3.6M−¥55.7M−¥19.4M−¥38.0M

Fiscal years as reported, the latest ending 31 Jan 2026. Figures in JPY; a dash means the provider reported nothing for that line.

Peer comparison

CompanyTickerPriceMarket cap
Optoelectronics6664.T¥251.00¥3.77B
Green Monster157A.T¥746.00¥2.41B
TB6775.T¥134.00¥1.99B
Taiyo Technolex6663.T¥309.00¥1.85B
Leader Electronics6867.T¥408.00¥1.75B
Cluster Technology4240.T¥302.00¥1.72B
MERCURY5025.T¥570.00¥1.52B
Voltage Incorporation3639.T¥215.00¥1.40B

Peers as grouped by the data provider. This is not an investment recommendation.

How to invest in TRaaS On Product from India

  1. Step 1

    Open your Paasa account

    KYC takes a few minutes: PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.

  2. Step 2

    Add funds from your Indian bank account

    Remit up to $250,000 a year under the RBI's Liberalised Remittance Scheme. Your bank converts the rupees to US dollars at its rate on the day you remit, and Interactive Brokers converts the dollars to JPY when you buy.

  3. Step 3

    Search 6696 and buy

    Find TRaaS On Product by name or by its ticker, 6696, and place your order. The Tokyo Stock Exchange typically trades in units of 100 shares.

Why invest in TRaaS On Product from India

What TRaaS On Product does

TRaaS On Product Inc. specializes in the development and sale of various devices that leverage artificial intelligence (AI) and the Internet of Things (IoT) to establish digital connections between people and physical objects. Among its diverse product offerings are: SHISA: An automated check-in system primarily for managing personal equipment in lodging environments, complete with a personal identification feature. TRaaS On Product operates in the Communication Equipment industry within the Technology sector.

Paasa handles the paperwork

Investing abroad brings paperwork with it: remittance filings, capital gains reporting, foreign asset disclosure. Paasa prepares all of it for you. Your India-ready tax reports arrive at year end, ready to file.

Here's what inheritance rules in Japan mean for your TRaaS On Product shares.

Japan levies inheritance tax on Japan-located assets such as direct stocks, with an exemption of ¥30 million plus ¥6 million per statutory heir.

About inheritance tax in Japan

Frequently asked questions

Can I buy TRaaS On Product stock from India?

Yes. Indian residents and NRIs can buy TRaaS On Product (6696) shares directly through Paasa. TRaaS On Product is listed on the Tokyo Stock Exchange, in the Communication Equipment industry. Your money leaves India under the RBI's Liberalised Remittance Scheme and the shares are held in your own name at Interactive Brokers.

Do I need to buy a full TRaaS On Product share?

Usually more than one, and not a fraction: the Tokyo Stock Exchange typically trades in units of 100 shares. At ¥294.00 a share, size the order by the lot, not by the share.

How are TRaaS On Product dividends taxed for Indian investors?

TRaaS On Product does not currently pay a dividend, so there is nothing to withhold or declare today. If it starts paying one, 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, and dividends are taxed at your slab rate in India.

What tax do I pay in India when I sell TRaaS On Product shares?

Japan generally does not levy capital gains tax on non-resident individual investors. In India, gains on shares held for more than 24 months are long-term and taxed at 12.5%, and gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate. Both are worked out in rupees at the JPY/INR rate on the day you bought and the day you sold, so the currency move is part of the gain. Paasa's capital-gains statement gives you the figures for your return.

What happens to my TRaaS On Product shares if I pass away?

Japan levies inheritance tax on Japan-located assets such as direct stocks, with an exemption of ¥30 million plus ¥6 million per statutory heir. The rule looks at everything you hold there, not at TRaaS On Product alone.

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