OLBA HEALTHCARE HOLDINGS, Inc.
OLBA HEALTHCARE HOLDINGS, Inc. (JPX: 2689) is trading at ¥1,904.00, about ₹1,167 at today's JPY/INR rate, as of 9 Oct 2026, 2:30 AM ET, down 0.05% today. Indian residents can buy OLBA HEALTHCARE from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
¥1,902.00
Today's high
¥1,920.00
52 week low
¥1,780.00
52 week high
¥2,238.00
2689 opened at ¥1,913.00, closed previously at ¥1,905.00, and has traded between ¥1,780.00 and ¥2,238.00 over the past 52 weeks.
About
OLBA HEALTHCARE HOLDINGS, Inc., founded in 1921 and based in Okayama, Japan, provides an extensive range of healthcare and life science solutions to a diverse clientele across the country. Its customers include medical facilities, academic institutions, corporate research laboratories, individuals, and elderly care providers. The company's operations span several key areas. Its Medical Equipment business acts as a wholesale distributor for a wide array of advanced medical devices. This includes prosthetic and implantable items such as artificial joints, pacemakers, and coronary stents; surgical tools like steel instruments and ultrasonic scalpels; and diagnostic imaging systems such, as MRI and CT scanners. Additionally, they supply essential hospital equipment, including respirators, intraoperative monitors, and surgical lighting. In the realm of life sciences, OLBA HEALTHCARE offers specialized reagents and apparatus for genetic research, cell culture, and protein analysis. They also provide automated analyzers for biochemistry, immunology, and blood diagnostics, along with various testing reagents. Furthermore, the company performs dedicated DNA analysis services. The Supply Processing and Distribution (SPD) business supports clients by managing inventory, information, and procurement functions efficiently. Finally, the Nursing Care Products business focuses on enhancing the well-being of those requiring care. This segment offers rental services for nursing care equipment and sells welfare aids such as portable toilets and bathing solutions. They are also involved in managing a program designed to facilitate comfortable long-term care at home, referred to as "long-term care reform." The company rebranded from Kawanishi Holdings, Inc. to OLBA HEALTHCARE HOLDINGS, Inc. in January 2021.
Key statistics
Avg. volume
5.17K
Market cap
¥11.29B
P/E Ratio
10.14
Price-to-sales ratio
0.09
Enterprise value
¥11.52B
Free cash flow yield
-3.45%
Debt-to-equity ratio
0.22
Return on equity
8.52%
ROIC
5.99%
Beta
0.25
Dividend yield
4.20%
Last dividend
¥80.00
Financial overview
Revenue
¥126.60B
Earnings per share
¥187.67
Free cash flow
-¥388.56M
Net profit margin
0.88%
Gross margin
11.20%
EBITDA
¥2.42B
Revenue growth
3.17%
Similar securities
This is not an investment recommendation
How to buy OLBA HEALTHCARE from India
Indian residents can buy OLBA HEALTHCARE 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. Read the full guide: how to invest in OLBA HEALTHCARE from India
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 OLBA HEALTHCARE and place an order
Find OLBA HEALTHCARE by name or by its ticker, 2689, and choose an order type. The Tokyo Stock Exchange typically trades in units of 100 shares. OLBA HEALTHCARE trades 5:30 am – 12:00 pm IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your OLBA HEALTHCARE position in JPY and INR, and use Paasa's capital-gains and dividend statements when you file your Indian return.
Trading and taxes when buying OLBA HEALTHCARE 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. OLBA HEALTHCARE’s current yield is 4.20%.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
FAQs
Can Indian residents buy OLBA HEALTHCARE stock?
Yes. OLBA HEALTHCARE (2689) has been listed on the Tokyo Stock Exchange since 2001, in the Medical - Distribution 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 OLBA HEALTHCARE share cost in rupees?
One OLBA HEALTHCARE share is ¥1,904.00 — about ₹1,167 at a JPY/INR rate of 0.6130 on 8 Oct 2026. Both the OLBA HEALTHCARE 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 OLBA HEALTHCARE 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 OLBA HEALTHCARE?
The Tokyo Stock Exchange typically trades in units of 100 shares.
How are gains on OLBA HEALTHCARE 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 OLBA HEALTHCARE price. Paasa issues a capital-gains statement for your return.
Does OLBA HEALTHCARE pay a dividend, and how is it taxed in India?
Yes. OLBA HEALTHCARE pays a dividend and the current yield is 4.20%; the last declared dividend was ¥80.00 per share, about ₹49.04. 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 OLBA HEALTHCARE 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 OLBA HEALTHCARE 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 OLBA HEALTHCARE 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 OLBA HEALTHCARE holding, its cost and its closing value.
How do I sell OLBA HEALTHCARE 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.