1. Japan Stocks

  2. •

    Commercial services

  3. •

    Advertising/Marketing services
Ray Corporation

Ray Corporation

TTSE:4317
601.00
JPY
+1.00
(+0.17%)
65.38EPS
7.01P/E
6.26BMarket Cap
Jan 08Next Earn
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
812.83
899
889.73
877.51
907.57
800.56
832.24
491.68
771.3
868.88
785.69
758.62
973.52
802.82
Basic EPS, GAAP
26.58
23.84
27.67
16.89
28.42
42.54
50.38
-25.68
29.27
49.94
57.3
54.09
94.59
65.38
Free Cash Flow per Basic Share
38.96
34.2
53.17
84.29
26.72
119.14
62.68
52.43
65.54
37.91
26.9
61.18
69.21
- -
Dividend per Share
5.92
4.95
4.89
5.96
5.9
5.97
7.96
4.99
4.98
9.97
15.01
15.29
14.56
- -
Book Value per Share
233.59
267.99
276.41
289.01
313.04
347.64
388.54
358.02
381.94
421.9
464.97
505.96
590.83
462.27
Tangible Book Value per Share
229.18
260.55
270.11
282.51
306.28
341.95
382.97
354.34
379.09
420.09
463.69
505.02
589.96
461.21
Basic Weighted Avg Shares
13
13
13
13
13
14
14
14
14
14
14
14
14
14
Sales/Revenue/Turnover
10,367
11,471
11,456
11,315
11,959
11,471
11,925
7,045
11,052
12,450
11,222
10,457
13,419
11,287
Operating Margin (%)
6.72
4.38
4.09
3.21
4.82
7.82
8.68
-10.04
8.41
11.23
10.27
8.87
13.09
10.19
Depreciation Expense
479
590
665
662
585
585
608
596
514
468
458
522
677
- -
Net Income, GAAP
339
304
356
218
374
610
722
-368
419
716
818
746
1,304
919
Effective Tax Rate (%)
47.87
47.31
24.59
37.47
28.78
31.51
33.07
- -
50.98
41.15
32.78
28.24
31.67
29.53
Profit Margin (%)
3.27
2.65
3.11
1.92
3.13
5.31
6.05
-5.22
3.8
5.75
7.29
7.13
9.72
8.14
Working Capital
1,124
1,033
1,188
1,329
2,006
2,100
2,403
2,274
2,817
3,330
3,527
3,203
3,192
3,168
LT Debt
1,408
1,168
1,091
886
668
470
318
419
276
167
130
94
101
142
Total Equity
2,979
3,427
3,565
3,728
4,487
4,981
5,567
5,130
5,473
6,045
6,551
6,795
7,773
6,323
Return on Invested Capital (%)
5.92
3.89
5.09
3.33
5.95
8.67
9.58
- -
5.82
10.06
9.76
8.52
14.2
11.18
Return on Capital (%)
5.94
4.88
5.56
3.43
5.7
8.95
10.44
- -
5.71
9.68
11.03
9.91
16.46
13.1
Return on Common Equity (%)
11.9
9.5
10.19
5.97
9.12
12.88
13.69
-6.88
7.91
12.42
13
11.17
17.9
15.06

Capital Structure

JPY

•

in mil. unless spec.
Feb'24
May'25
Aug'25
ST Debt
885
693
706
LT Borrowings
- -
- -
- -
LT Finance Leases
130
117
142
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
14
14
14
Market Capitalization
6,340
5,771
6,265

Working Capital

JPY

•

in mil. unless spec.
Feb'24
May'25
Aug'25
Total Current Assets
6,152
5,380
5,024
Cash, Cash Equivalents & STI
2,830
3,719
3,005
Accounts Receivable, Net
2,750
1,123
1,155
Inventories
262
292
331
Total Current Liabilities
2,625
1,983
1,856
Payables & Accruals
- -
- -
- -
ST Debt
885
693
706
Deferred Revenue
- -
- -
- -

Growth Rates

JPY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
8.35%
8.73%
14.39%
Free Cash Flow
39.85%
17.23%
13.11%
Net Income, GAAP
-9.97%
-12.61%
74.88%
Sales/Revenue/Turnover
4.46%
16.23%
28.33%
Total Cash Common Dividend
17.27%
28.72%
-4.78%

Quarterly Revenue

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
2,322
2,191
- -
- -
10,457
2026
- -
- -
- -
- -
13,419
2027
- -
- -
- -
- -
- -

Quarterly Earnings Per Share

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
8.1
4.01
- -
- -
54.09
2026
- -
- -
- -
- -
94.59
2027
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
15.29
2026
- -
- -
- -
- -
14.56
2027
- -
- -
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Shiro Wakebe
Full Time Employees
424
Sector
Commercial services
Industry
Advertising/Marketing services
Address
Hakus Roppongi Building Tokyo TY Japan 106-0032
IPO Date
Oct 17, 2001
Website
ray.co.jp
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Business
Ray Corporation (4317.T) operates as a Japan-based advertising and video production company, providing comprehensive services across advertising solutions and technical solutions segments. The company offers TV commercials and business promotion videos; sales promotion events, campaigns, expositions, showrooms, and exhibition facilities; digital content production; DVD and Blu-ray package production; video editing and computer graphics services; and rental of video-editing studios, video equipment, specialty stage systems, and business presentation equipment for events, concerts, academic conferences, and meetings. Ray Corporation serves corporate communications, advertisement, and entertainment sectors primarily in Japan, with headquarters in Harks Roppongi Bldg., 6-15-21 Roppongi, Minato-ku, Tokyo, and was founded in June 1980 and established in June 1981. In the fiscal year ending February 2026, the company upwardly revised its second-quarter cumulative period (March-August 2025) earnings forecast to revenue of 5.6 billion yen and operating profit of 500 million yen, reflecting a 24.1% revenue increase and 2.9 times operating profit growth year-over-year. Ray Corporation also recently announced consolidated performance forecasts and IR updates in early 2025, including on February 19 and February 3, amid ongoing efforts to strengthen market position through operational enhancements.