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    Advertising/Marketing services
Ray Corporation

Ray Corporation

TTSE:4317
585.00
JPY
-16.00
(-2.66%)
65.38EPS
7.01P/E
6.26BMarket Cap
Jan 08Next Earn
Ray Corporation
TSE:4317
(Tokyo Stock Exchange)

Recent

price

585.00

P/E

ratio

7.01

div

yld

- -

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
JPY
661.91
747.81
800.8
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
Revenue per Share
23.19
28.92
35.1
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
Basic EPS, GAAP
8.24
-10.76
-49.03
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
- -
Free Cash Flow per Basic Share
1.98
3.93
4.92
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
- -
Dividend per Share
157.77
182.77
212.9
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
Book Value per Share
154.85
179.15
207.71
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
Tangible Book Value per Share
13
13
13
13
13
13
13
13
14
14
14
14
14
14
14
14
14
Basic Weighted Avg Shares
8,431
9,525
10,205
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
Sales/Revenue/Turnover
6.77
9.44
6.53
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
Operating Margin (%)
190
284
336
479
590
665
662
585
585
608
596
514
468
458
522
677
- -
Depreciation Expense
295
368
447
339
304
356
218
374
610
722
-368
419
716
818
746
1,304
919
Net Income, GAAP
41.26
45.93
23.89
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
Effective Tax Rate (%)
3.5
3.87
4.38
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
Profit Margin (%)
1,028
1,645
1,084
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
Working Capital
101
1,493
1,546
1,408
1,168
1,091
886
668
470
318
419
276
167
130
94
101
142
LT Debt
2,010
2,328
2,715
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
Total Equity
9.96
11.62
9.38
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 Invested Capital (%)
9.5
9.82
9.18
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 Capital (%)
15.8
16.99
17.74
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
Return on Common Equity (%)

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
- -
- -
- -
- -
- -
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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.