Mirai Industry Co.,Ltd.
Mirai Industry Co.,Ltd. (JPX: 7931) is trading at ¥3,545.00, about ₹2,169 at today's JPY/INR rate, as of 9 Oct 2026, 2:30 AM ET, up 1.87% today. Indian residents can buy Mirai Industry from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
¥3,460.00
Today's high
¥3,555.00
52 week low
¥2,800.00
52 week high
¥3,885.00
7931 opened at ¥3,460.00, closed previously at ¥3,480.00, and has traded between ¥2,800.00 and ¥3,885.00 over the past 52 weeks.
About
Mirai Industry Co.,Ltd., established in 1965 and headquartered in Wanouchi, Japan, is a prominent manufacturer and supplier of diverse materials for electrical and plumbing systems throughout the country. The company's extensive range of electrical equipment includes essential fire safety materials, various tools, and a broad selection of conduits such as underground, protective, CD, PF, and flexible tubing. They also provide specialized resins, cable support inserts, retractable covers, wiring channels (malls), vinyl conduit accessories, mounting plates, their signature Mirai panels, and components for air conditioner piping. Furthermore, their inventory features ducts, lighting fixtures, support brackets, cable racks, and an assortment of boxes for iron, slide, pool, wall, and electricity meters. For pipework installations, Mirai Industry offers solutions for drainage, advanced fire protection, upgrades to water and hot water supply systems, and gas/kerosene related plumbing. Their portfolio extends to air-conditioning components, various inserts and burial-specific products, specialized tools, resin and scabbard pipes, header fittings, faucet boxes, and a variety of bathroom parts. Additional offerings encompass products for reheating, snow melting, and general heating systems.
Key statistics
Avg. volume
30.22K
Market cap
¥57.29B
P/E Ratio
11.36
Price-to-sales ratio
1.23
Enterprise value
¥29.74B
Free cash flow yield
6.93%
Debt-to-equity ratio
0.01
Return on equity
8.47%
ROIC
7.87%
Beta
0.19
Dividend yield
4.09%
Last dividend
¥145.00
Financial overview
Revenue
¥45.67B
Earnings per share
¥290.69
Free cash flow
¥3.55B
Net profit margin
10.78%
Gross margin
39.16%
EBITDA
¥9.33B
Revenue growth
1.24%
Similar securities
This is not an investment recommendation
How to buy Mirai Industry from India
Indian residents can buy Mirai Industry 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 Mirai Industry 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 Mirai Industry and place an order
Find Mirai Industry by name or by its ticker, 7931, and choose an order type. The Tokyo Stock Exchange typically trades in units of 100 shares. Mirai Industry trades 5:30 am – 12:00 pm IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your Mirai Industry 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 Mirai Industry 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. Mirai Industry’s current yield is 4.09%.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 Mirai Industry stock?
Yes. Mirai Industry (7931) has been listed on the Tokyo Stock Exchange since 2018, in the Electrical Equipment & Parts 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 Mirai Industry share cost in rupees?
One Mirai Industry share is ¥3,545.00 — about ₹2,169 at a JPY/INR rate of 0.6120 on 9 Oct 2026. Both the Mirai Industry 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 Mirai Industry 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 Mirai Industry?
The Tokyo Stock Exchange typically trades in units of 100 shares.
How are gains on Mirai Industry 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 Mirai Industry price. Paasa issues a capital-gains statement for your return.
Does Mirai Industry pay a dividend, and how is it taxed in India?
Yes. Mirai Industry pays a dividend and the current yield is 4.09%; the last declared dividend was ¥145.00 per share, about ₹88.74. 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 Mirai Industry 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 Mirai Industry 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 Mirai Industry 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 Mirai Industry holding, its cost and its closing value.
How do I sell Mirai Industry 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.