Ray Corporation (JP:4317)
:4317
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Ray Corporation
(4317)
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Rating:71Outperform
Price Target:
¥672.00
▲(3.86% Upside)
Action:ReiteratedDate:03/24/26
The score is driven primarily by strong underlying financial health (especially a conservative, improving balance sheet) and compelling valuation (very low P/E plus a meaningful dividend). These positives are tempered by weak technical momentum, with the share price trading below key moving averages and negative MACD/low RSI indicating a soft near-term trend.
Positive Factors
Conservative Balance Sheet
A steadily deleveraging balance sheet with debt-to-equity near 0.11 materially reduces solvency and financing risk. That conservatism affords durable financial flexibility to fund capex, weather demand troughs, or return capital without pressuring cash flow, supporting multi-quarter resilience.
Negative Factors
Revenue Volatility
A sharp revenue decline in 2024 followed by only a low-single-digit recovery in 2025 signals inconsistent demand and growth risk. Durable top-line weakness hinders scaling, constrains margin expansion opportunities, and makes forward earnings and cashflow forecasting less reliable over coming quarters.
Read all positive and negative factors
Positive Factors
Negative Factors
Conservative Balance Sheet
A steadily deleveraging balance sheet with debt-to-equity near 0.11 materially reduces solvency and financing risk. That conservatism affords durable financial flexibility to fund capex, weather demand troughs, or return capital without pressuring cash flow, supporting multi-quarter resilience.
Read all positive factors
Ray Corporation (4317) vs. iShares MSCI Japan ETF (EWJ)
Market Cap
¥8.14B
Dividend Yield2.36%
Average Volume (3M)57.77K
Price to Earnings (P/E)4.7
Beta (1Y)0.57
Revenue Growth4.44%
EPS Growth29.38%
CountryJP
Employees407
SectorCommunication Services
Sector Strength97
IndustryEntertainment
Share Statistics
EPS (TTM)36.08
Shares Outstanding14,328,976
10 Day Avg. Volume61,760
30 Day Avg. Volume57,773
Financial Highlights & Ratios
PEG Ratio-1.36
Price to Book (P/B)0.83
Price to Sales (P/S)0.54
P/FCF Ratio6.71
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Ray Corporation Business Overview & Revenue Model
Company Description
Ray Corporation engages in the video production business in Japan. The company provides video production such as TV commercials, event and promotion production, digital contents production, DVD and Blu-ray package production, and rental of video-e...
Ray Corporation Financial Statement Overview
Summary
Income Statement
72
Positive
Balance Sheet
82
Very Positive
Cash Flow
68
Positive
| Breakdown | TTM | Feb 2025 | Feb 2024 | Feb 2023 | Feb 2022 | Feb 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 11.79B | 10.46B | 11.22B | 12.45B | 11.05B | 7.05B |
| Gross Profit | 4.28B | 3.55B | 3.79B | 4.15B | 3.65B | 1.57B |
| EBITDA | 2.08B | 1.48B | 1.67B | 1.69B | 1.27B | -111.54M |
| Net Income | 1.12B | 745.58M | 818.49M | 715.54M | 419.47M | -367.98M |
Balance Sheet | ||||||
| Total Assets | 10.13B | 9.12B | 9.42B | 9.58B | 9.79B | 8.67B |
| Cash, Cash Equivalents and Short-Term Investments | 2.80B | 2.87B | 2.83B | 3.14B | 3.61B | 3.02B |
| Total Debt | 641.95M | 769.43M | 1.02B | 1.29B | 1.97B | 2.18B |
| Total Liabilities | 3.12B | 2.33B | 2.86B | 3.54B | 4.32B | 3.54B |
| Stockholders Equity | 7.01B | 6.80B | 6.55B | 6.05B | 5.47B | 5.13B |
Cash Flow | ||||||
| Free Cash Flow | 0.00 | 844.33M | 384.55M | 551.79M | 941.86M | 754.83M |
| Operating Cash Flow | 0.00 | 1.69B | 1.05B | 721.29M | 1.03B | 849.86M |
| Investing Cash Flow | 0.00 | -836.28M | -668.97M | -170.41M | -49.13M | -149.48M |
| Financing Cash Flow | 0.00 | -813.04M | -686.68M | -1.02B | -388.49M | 263.21M |
Ray Corporation Technical Analysis
Negative
647.00
Price Trends
664.51
Negative
651.83
Negative
600.61
Negative
Market Momentum
-23.90
Positive
20.91
Positive
6.95
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:4317, the sentiment is Negative. The current price of 647 is above the 20-day moving average (MA) of 624.00, below the 50-day MA of 664.51, and above the 200-day MA of 600.61, indicating a bearish trend. The MACD of -23.90 indicates Positive momentum. The RSI at 20.91 is Positive, neither overbought nor oversold. The STOCH value of 6.95 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for JP:4317.
Ray Corporation Peers Comparison
UnderperformOutperform
Sector (60)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
72 Outperform | ¥16.94B | 15.11 | ― | 1.96% | 0.16% | 116.15% | |
71 Outperform | ¥8.14B | 4.73 | ― | 2.36% | 4.44% | 29.38% | |
67 Neutral | ¥9.03B | 12.72 | ― | 3.92% | 2.87% | 27.30% | |
62 Neutral | ¥11.57B | -1,168.26 | ― | 0.24% | 6.28% | 13.26% | |
60 Neutral | $48.67B | 4.58 | -11.27% | 4.14% | 2.83% | -41.78% | |
60 Neutral | ¥10.43B | 32.07 | ― | 0.91% | 8.13% | 275.53% | |
42 Neutral | ¥4.74B | -42.70 | ― | ― | -2.84% | 36.23% |
* Communication Services Sector Average
JP:4317
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Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.