View Future GrowthRay 過去の業績過去 基準チェック /56Rayは、平均年間37.5%の収益成長を遂げていますが、 Entertainment業界の収益は、年間 成長しています。収益は、平均年間5.9% 6.1%収益成長率で 成長しています。 Rayの自己資本利益率は16.8%であり、純利益率は9.7%です。主要情報37.45%収益成長率38.83%EPS成長率Entertainment 業界の成長17.91%収益成長率6.13%株主資本利益率16.77%ネット・マージン9.71%前回の決算情報28 Feb 2026最近の業績更新Reported Earnings • Apr 16Full year 2026 earnings released: EPS: JP¥98.53 (vs JP¥54.05 in FY 2025)Full year 2026 results: EPS: JP¥98.53 (up from JP¥54.05 in FY 2025). Revenue: JP¥13.4b (up 28% from FY 2025). Net income: JP¥1.30b (up 75% from FY 2025). Profit margin: 9.7% (up from 7.1% in FY 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.Reported Earnings • Jan 14Third quarter 2026 earnings released: EPS: JP¥36.18 (vs JP¥18.53 in 3Q 2025)Third quarter 2026 results: EPS: JP¥36.18 (up from JP¥18.53 in 3Q 2025). Revenue: JP¥4.29b (up 50% from 3Q 2025). Net income: JP¥476.0m (up 88% from 3Q 2025). Profit margin: 11% (up from 8.8% in 3Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 22% per year whereas the company’s share price has increased by 20% per year.Reported Earnings • Oct 15Second quarter 2026 earnings released: EPS: JP¥13.86 (vs JP¥4.03 in 2Q 2025)Second quarter 2026 results: EPS: JP¥13.86 (up from JP¥4.03 in 2Q 2025). Revenue: JP¥2.63b (up 20% from 2Q 2025). Net income: JP¥183.0m (up 227% from 2Q 2025). Profit margin: 7.0% (up from 2.6% in 2Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 17% per year whereas the company’s share price has increased by 13% per year.お知らせ • Oct 04Ray Corporation to Report Q2, 2026 Results on Oct 14, 2025Ray Corporation announced that they will report Q2, 2026 results on Oct 14, 2025Reported Earnings • Jul 16First quarter 2026 earnings released: EPS: JP¥27.20 (vs JP¥8.04 in 1Q 2025)First quarter 2026 results: EPS: JP¥27.20 (up from JP¥8.04 in 1Q 2025). Revenue: JP¥3.22b (up 39% from 1Q 2025). Net income: JP¥364.0m (up 222% from 1Q 2025). Profit margin: 11% (up from 4.9% in 1Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 14% per year whereas the company’s share price has increased by 13% per year.お知らせ • Jul 08Ray Corporation to Report Q1, 2026 Results on Jul 14, 2025Ray Corporation announced that they will report Q1, 2026 results on Jul 14, 2025すべての更新を表示Recent updatesReported Earnings • Apr 16Full year 2026 earnings released: EPS: JP¥98.53 (vs JP¥54.05 in FY 2025)Full year 2026 results: EPS: JP¥98.53 (up from JP¥54.05 in FY 2025). Revenue: JP¥13.4b (up 28% from FY 2025). Net income: JP¥1.30b (up 75% from FY 2025). Profit margin: 9.7% (up from 7.1% in FY 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.お知らせ • Apr 14Ray Corporation, Annual General Meeting, May 28, 2026Ray Corporation, Annual General Meeting, May 28, 2026.Upcoming Dividend • Feb 19Upcoming dividend of JP¥15.00 per shareEligible shareholders must have bought the stock before 26 February 2026. Payment date: 01 June 2026. Payout ratio is a comfortable 15% and this is well supported by cash flows. Trailing yield: 2.0%. Lower than top quartile of Japanese dividend payers (3.4%). Higher than average of industry peers (1.8%).Reported Earnings • Jan 14Third quarter 2026 earnings released: EPS: JP¥36.18 (vs JP¥18.53 in 3Q 2025)Third quarter 2026 results: EPS: JP¥36.18 (up from JP¥18.53 in 3Q 2025). Revenue: JP¥4.29b (up 50% from 3Q 2025). Net income: JP¥476.0m (up 88% from 3Q 2025). Profit margin: 11% (up from 8.8% in 3Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 22% per year whereas the company’s share price has increased by 20% per year.Reported Earnings • Oct 15Second quarter 2026 earnings released: EPS: JP¥13.86 (vs JP¥4.03 in 2Q 2025)Second quarter 2026 results: EPS: JP¥13.86 (up from JP¥4.03 in 2Q 2025). Revenue: JP¥2.63b (up 20% from 2Q 2025). Net income: JP¥183.0m (up 227% from 2Q 2025). Profit margin: 7.0% (up from 2.6% in 2Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 17% per year whereas the company’s share price has increased by 13% per year.お知らせ • Oct 04Ray Corporation to Report Q2, 2026 Results on Oct 14, 2025Ray Corporation announced that they will report Q2, 2026 results on Oct 14, 2025New Risk • Sep 18New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 5.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (5.0% average weekly change). Market cap is less than US$100m (JP¥8.60b market cap, or US$58.4m).分析記事 • Sep 12Investors Still Aren't Entirely Convinced By Ray Corporation's (TSE:4317) Earnings Despite 30% Price JumpRay Corporation ( TSE:4317 ) shares have continued their recent momentum with a 30% gain in the last month alone. The...Reported Earnings • Jul 16First quarter 2026 earnings released: EPS: JP¥27.20 (vs JP¥8.04 in 1Q 2025)First quarter 2026 results: EPS: JP¥27.20 (up from JP¥8.04 in 1Q 2025). Revenue: JP¥3.22b (up 39% from 1Q 2025). Net income: JP¥364.0m (up 222% from 1Q 2025). Profit margin: 11% (up from 4.9% in 1Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 14% per year whereas the company’s share price has increased by 13% per year.分析記事 • Jul 15Market Cool On Ray Corporation's (TSE:4317) EarningsWhen close to half the companies in Japan have price-to-earnings ratios (or "P/E's") above 14x, you may consider Ray...Valuation Update With 7 Day Price Move • Jul 15Investor sentiment improves as stock rises 17%After last week's 17% share price gain to JP¥527, the stock trades at a trailing P/E ratio of 9.3x. Average trailing P/E is 22x in the Entertainment industry in Japan. Total returns to shareholders of 64% over the past three years.お知らせ • Jul 08Ray Corporation to Report Q1, 2026 Results on Jul 14, 2025Ray Corporation announced that they will report Q1, 2026 results on Jul 14, 2025Reported Earnings • Jun 04Full year 2025 earnings released: EPS: JP¥54.05 (vs JP¥57.27 in FY 2024)Full year 2025 results: EPS: JP¥54.05 (down from JP¥57.27 in FY 2024). Revenue: JP¥10.5b (down 6.8% from FY 2024). Net income: JP¥745.0m (down 8.9% from FY 2024). Profit margin: 7.1% (down from 7.3% in FY 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 15% per year whereas the company’s share price has increased by 10% per year.お知らせ • Apr 23Ray Corporation (TSE:4317) announces an Equity Buyback for 800,000 shares, representing 5.96% for ¥400 million.Ray Corporation (TSE:4317) announces a share repurchase program. Under the program, the company will repurchase up to 800,000 shares, representing 5.96% of its total shares outstanding (excluding treasury shares), for a total of ¥400 million. The purpose of repurchase program is to enable flexible capital policies that can respond to changes in the business environment. The repurchase program is valid till February 28, 2026. As of March 31, 2025, the company had 13,430,599 issued shares (excluding treasury shares).Reported Earnings • Apr 15Full year 2025 earnings released: EPS: JP¥54.05 (vs JP¥57.27 in FY 2024)Full year 2025 results: EPS: JP¥54.05 (down from JP¥57.27 in FY 2024). Revenue: JP¥10.5b (down 6.8% from FY 2024). Net income: JP¥745.0m (down 8.9% from FY 2024). Profit margin: 7.1% (down from 7.3% in FY 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.お知らせ • Apr 14Ray Corporation, Annual General Meeting, May 29, 2025Ray Corporation, Annual General Meeting, May 29, 2025.お知らせ • Apr 05Ray Corporation to Report Fiscal Year 2025 Results on Apr 14, 2025Ray Corporation announced that they will report fiscal year 2025 results on Apr 14, 2025Upcoming Dividend • Feb 20Upcoming dividend of JP¥10.00 per shareEligible shareholders must have bought the stock before 27 February 2025. Payment date: 30 May 2025. Payout ratio is a comfortable 33% and this is well supported by cash flows. Trailing yield: 2.3%. Lower than top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (1.2%).Reported Earnings • Jan 15Third quarter 2025 earnings released: EPS: JP¥18.53 (vs JP¥37.83 in 3Q 2024)Third quarter 2025 results: EPS: JP¥18.53 (down from JP¥37.83 in 3Q 2024). Revenue: JP¥2.86b (down 23% from 3Q 2024). Net income: JP¥253.0m (down 53% from 3Q 2024). Profit margin: 8.8% (down from 15% in 3Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.Reported Earnings • Oct 16Second quarter 2025 earnings released: EPS: JP¥4.03 (vs JP¥1.12 loss in 2Q 2024)Second quarter 2025 results: EPS: JP¥4.03 (up from JP¥1.12 loss in 2Q 2024). Revenue: JP¥2.19b (up 1.3% from 2Q 2024). Net income: JP¥56.0m (up JP¥72.0m from 2Q 2024). Profit margin: 2.6% (up from net loss in 2Q 2024). The move to profitability was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.お知らせ • Oct 06Ray Corporation to Report Q2, 2025 Results on Oct 11, 2024Ray Corporation announced that they will report Q2, 2025 results on Oct 11, 2024New Risk • Sep 17New major risk - Financial data availabilityThe company has not reported any financial data. This is considered a major risk. With no or incomplete audited reported financial data, it is virtually impossible to assess the company's investment potential. Currently, the following risks have been identified for the company: Major Risk No financial data reported. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (JP¥6.15b market cap, or US$43.7m).分析記事 • Aug 13Ray (TSE:4317) Has Some Way To Go To Become A Multi-BaggerIf we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...Valuation Update With 7 Day Price Move • Aug 05Investor sentiment deteriorates as stock falls 21%After last week's 21% share price decline to JP¥380, the stock trades at a trailing P/E ratio of 6.4x. Average trailing P/E is 24x in the Entertainment industry in Japan. Total returns to shareholders of 33% over the past three years.Reported Earnings • Jul 16First quarter 2025 earnings released: EPS: JP¥8.04 (vs JP¥5.86 in 1Q 2024)First quarter 2025 results: EPS: JP¥8.04 (up from JP¥5.86 in 1Q 2024). Revenue: JP¥2.32b (up 1.6% from 1Q 2024). Net income: JP¥113.0m (up 35% from 1Q 2024). Profit margin: 4.9% (up from 3.7% in 1Q 2024). Over the last 3 years on average, earnings per share has increased by 58% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth.お知らせ • Jul 04Ray Corporation to Report Q1, 2025 Results on Jul 12, 2024Ray Corporation announced that they will report Q1, 2025 results on Jul 12, 2024お知らせ • Jun 25Ray Corporation (TSE:4317) announces an Equity Buyback for 500,000 shares, representing 3.5% for ¥250 million.Ray Corporation (TSE:4317) announces a share repurchase program. Under the program, the company will repurchase up to 500,000 shares, representing 3.5% of its total shares outstanding (excluding treasury shares), for a total of ¥250 million. The purpose of repurchase program is to allocate the funds to shares to be delivered as restricted stock compensation and to enable flexible capital policy in response to changes in the business environment. The repurchase program is valid till February 28, 2025. As of May 31, 2024, the company had 14,273,223 issued shares (excluding treasury shares) and 355,753 treasury shares.分析記事 • Apr 22Little Excitement Around Ray Corporation's (TSE:4317) Earnings As Shares Take 25% PoundingRay Corporation ( TSE:4317 ) shareholders won't be pleased to see that the share price has had a very rough month...Valuation Update With 7 Day Price Move • Apr 19Investor sentiment deteriorates as stock falls 21%After last week's 21% share price decline to JP¥377, the stock trades at a trailing P/E ratio of 6.5x. Average trailing P/E is 22x in the Entertainment industry in Japan. Total returns to shareholders of 30% over the past three years.New Risk • Apr 15New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 6.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (6.0% average weekly change). Market cap is less than US$100m (JP¥5.95b market cap, or US$38.6m).Reported Earnings • Apr 14Full year 2024 earnings released: EPS: JP¥57.27 (vs JP¥49.90 in FY 2023)Full year 2024 results: EPS: JP¥57.27 (up from JP¥49.90 in FY 2023). Revenue: JP¥11.2b (down 9.9% from FY 2023). Net income: JP¥818.0m (up 14% from FY 2023). Profit margin: 7.3% (up from 5.7% in FY 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 74% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth.お知らせ • Apr 14Ray Corporation, Annual General Meeting, May 29, 2024Ray Corporation, Annual General Meeting, May 29, 2024.お知らせ • Apr 03Ray Corporation to Report Fiscal Year 2024 Results on Apr 12, 2024Ray Corporation announced that they will report fiscal year 2024 results on Apr 12, 2024Upcoming Dividend • Feb 21Upcoming dividend of JP¥10.00 per shareEligible shareholders must have bought the stock before 28 February 2024. Payment date: 29 May 2024. Payout ratio is a comfortable 23% and this is well supported by cash flows. Trailing yield: 2.3%. Lower than top quartile of Japanese dividend payers (3.3%). Higher than average of industry peers (1.9%).Reported Earnings • Jan 14Third quarter 2024 earnings released: EPS: JP¥37.83 (vs JP¥10.89 in 3Q 2023)Third quarter 2024 results: EPS: JP¥37.83 (up from JP¥10.89 in 3Q 2023). Revenue: JP¥3.69b (up 42% from 3Q 2023). Net income: JP¥540.0m (up 246% from 3Q 2023). Profit margin: 15% (up from 6.0% in 3Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 87% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.お知らせ • Dec 28Ray Corporation to Report Q3, 2024 Results on Jan 12, 2024Ray Corporation announced that they will report Q3, 2024 results on Jan 12, 2024Reported Earnings • Oct 13Second quarter 2024 earnings released: JP¥1.12 loss per share (vs JP¥7.96 profit in 2Q 2023)Second quarter 2024 results: JP¥1.12 loss per share (down from JP¥7.96 profit in 2Q 2023). Revenue: JP¥2.16b (down 24% from 2Q 2023). Net loss: JP¥16.0m (down 114% from profit in 2Q 2023). Over the last 3 years on average, earnings per share has increased by 92% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.お知らせ • Oct 05Ray Corporation to Report Q2, 2024 Results on Oct 12, 2023Ray Corporation announced that they will report Q2, 2024 results on Oct 12, 2023New Risk • Jul 29New major risk - Revenue and earnings growthEarnings have declined by 1.0% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 1.0% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (JP¥5.77b market cap, or US$40.9m).お知らせ • Jul 08Ray Corporation to Report Q1, 2024 Results on Jul 13, 2023Ray Corporation announced that they will report Q1, 2024 results on Jul 13, 2023Reported Earnings • Jul 01Full year 2023 earnings released: EPS: JP¥49.90 (vs JP¥37.97 in FY 2022)Full year 2023 results: EPS: JP¥49.90 (up from JP¥37.97 in FY 2022). Revenue: JP¥12.5b (up 13% from FY 2022). Net income: JP¥715.0m (up 31% from FY 2022). Profit margin: 5.7% (up from 4.9% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 57% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.Reported Earnings • Jan 13Third quarter 2023 earnings released: EPS: JP¥11.86 (vs JP¥11.10 in 3Q 2022)Third quarter 2023 results: EPS: JP¥11.86 (up from JP¥11.10 in 3Q 2022). Revenue: JP¥2.61b (up 3.5% from 3Q 2022). Net income: JP¥170.0m (up 6.9% from 3Q 2022). Profit margin: 6.5% (up from 6.3% in 3Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has fallen by 16% per year, which means it is significantly lagging earnings.お知らせ • Dec 29Ray Corporation to Report Q3, 2023 Results on Jan 12, 2023Ray Corporation announced that they will report Q3, 2023 results on Jan 12, 2023Board Change • Nov 16No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 6 non-independent directors. Auditor Katsumi Sasaki was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • Oct 15Second quarter 2023 earnings released: EPS: JP¥12.21 (vs JP¥2.65 in 2Q 2022)Second quarter 2023 results: EPS: JP¥12.21 (up from JP¥2.65 in 2Q 2022). Revenue: JP¥2.84b (up 16% from 2Q 2022). Net income: JP¥175.0m (up 361% from 2Q 2022). Profit margin: 6.2% (up from 1.5% in 2Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 8% per year whereas the company’s share price has fallen by 10% per year.お知らせ • Sep 29Ray Corporation to Report Q2, 2023 Results on Oct 13, 2022Ray Corporation announced that they will report Q2, 2023 results on Oct 13, 2022Reported Earnings • Jul 17First quarter 2023 earnings released: EPS: JP¥14.31 (vs JP¥3.00 loss in 1Q 2022)First quarter 2023 results: EPS: JP¥14.31 (up from JP¥3.00 loss in 1Q 2022). Revenue: JP¥3.27b (up 75% from 1Q 2022). Net income: JP¥205.0m (up JP¥248.0m from 1Q 2022). Profit margin: 6.3% (up from net loss in 1Q 2022). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 41% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings.お知らせ • Jul 01Ray Corporation to Report Q1, 2023 Results on Jul 14, 2022Ray Corporation announced that they will report Q1, 2023 results on Jul 14, 2022Reported Earnings • Jun 03Full year 2022 earnings released: EPS: JP¥37.97 (vs JP¥25.61 loss in FY 2021)Full year 2022 results: EPS: JP¥37.97 (up from JP¥25.61 loss in FY 2021). Revenue: JP¥11.1b (up 57% from FY 2021). Net income: JP¥544.0m (up JP¥911.0m from FY 2021). Profit margin: 4.9% (up from net loss in FY 2021). The move to profitability was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 65 percentage points per year, which is a significant difference in performance.Board Change • Apr 27No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 6 non-independent directors. Auditor Katsumi Sasaki was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.お知らせ • Apr 16Ray Corporation, Annual General Meeting, May 27, 2022Ray Corporation, Annual General Meeting, May 27, 2022.Reported Earnings • Apr 15Full year 2022 earnings released: EPS: JP¥37.97 (vs JP¥25.61 loss in FY 2021)Full year 2022 results: EPS: JP¥37.97 (up from JP¥25.61 loss in FY 2021). Revenue: JP¥11.1b (up 57% from FY 2021). Net income: JP¥544.0m (up JP¥911.0m from FY 2021). Profit margin: 4.9% (up from net loss in FY 2021). The move to profitability was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 66 percentage points per year, which is a significant difference in performance.お知らせ • Apr 08Ray Corporation to Report Fiscal Year 2022 Results on Apr 14, 2022Ray Corporation announced that they will report fiscal year 2022 results on Apr 14, 2022Reported Earnings • Jan 14Third quarter 2022 earnings: Revenues and EPS in line with analyst expectationsThird quarter 2022 results: EPS: JP¥11.10 (up from JP¥0.35 loss in 3Q 2021). Revenue: JP¥2.52b (up 37% from 3Q 2021). Net income: JP¥159.0m (up JP¥164.0m from 3Q 2021). Profit margin: 6.3% (up from net loss in 3Q 2021). The move to profitability was driven by higher revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 79 percentage points per year, which is a significant difference in performance.Reported Earnings • Oct 15Second quarter 2022 earnings released: EPS JP¥2.65 (vs JP¥12.84 loss in 2Q 2021)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: JP¥2.46b (up 109% from 2Q 2021). Net income: JP¥38.0m (up JP¥222.0m from 2Q 2021). Profit margin: 1.5% (up from net loss in 2Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 68 percentage points per year, which is a significant difference in performance.Reported Earnings • Jul 16First quarter 2022 earnings released: JP¥3.00 loss per share (vs JP¥11.86 loss in 1Q 2021)The company reported a solid first quarter result with reduced losses, improved revenues and improved control over expenses. First quarter 2022 results: Revenue: JP¥1.87b (up 16% from 1Q 2021). Net loss: JP¥43.0m (loss narrowed 75% from 1Q 2021). Over the last 3 years on average, earnings per share has fallen by 57% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings.Reported Earnings • Jun 02Full year 2021 earnings released: JP¥25.61 loss per share (vs JP¥50.32 profit in FY 2020)The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2021 results: Revenue: JP¥7.05b (down 41% from FY 2020). Net loss: JP¥367.0m (down 151% from profit in FY 2020). Over the last 3 years on average, earnings per share has fallen by 39% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings.分析記事 • Apr 18Read This Before Buying Ray Corporation (TYO:4317) For Its DividendIs Ray Corporation ( TYO:4317 ) a good dividend stock? How can we tell? Dividend paying companies with growing earnings...Reported Earnings • Apr 16Full year 2021 earnings released: JP¥25.61 loss per share (vs JP¥50.32 profit in FY 2020)The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2021 results: Revenue: JP¥7.05b (down 41% from FY 2020). Net loss: JP¥367.0m (down 151% from profit in FY 2020). Over the last 3 years on average, earnings per share has fallen by 39% per year but the company’s share price has only fallen by 16% per year, which means it has not declined as severely as earnings.お知らせ • Mar 21Ray Corporation to Report Fiscal Year 2021 Results on Apr 14, 2021Ray Corporation announced that they will report fiscal year 2021 results on Apr 14, 2021分析記事 • Feb 23Ray's (TYO:4317) Shareholders Are Down 47% On Their SharesRay Corporation ( TYO:4317 ) shareholders should be happy to see the share price up 14% in the last month. But that...Is New 90 Day High Low • Feb 17New 90-day high: JP¥358The company is up 4.0% from its price of JP¥344 on 19 November 2020. The Japanese market is up 14% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Entertainment industry, which is up 27% over the same period.Reported Earnings • Jan 15Third quarter 2021 earnings released: JP¥0.35 loss per shareThe company reported a poor third quarter result with weaker earnings, revenues and control over expenses. Third quarter 2021 results: Revenue: JP¥1.84b (down 41% from 3Q 2020). Net loss: JP¥5.00m (down 102% from profit in 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has fallen by 30% per year, which means it is performing significantly worse than earnings.分析記事 • Jan 11Ray (TYO:4317) Has Debt But No Earnings; Should You Worry?Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...お知らせ • Jan 09Ray Corporation to Report Q3, 2021 Results on Jan 13, 2021Ray Corporation announced that they will report Q3, 2021 results on Jan 13, 2021Is New 90 Day High Low • Dec 22New 90-day low: JP¥301The company is down 20% from its price of JP¥376 on 23 September 2020. The Japanese market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Entertainment industry, which is up 10.0% over the same period.分析記事 • Nov 20Three Things You Should Check Before Buying Ray Corporation (TYO:4317) For Its DividendCould Ray Corporation (TYO:4317) be an attractive dividend share to own for the long haul? Investors are often drawn...Reported Earnings • Oct 15First half earnings releasedOver the last 12 months the company has reported total losses of JP¥29.0m, with earnings decreasing by JP¥942.0m from the prior year. Total revenue was JP¥8.94b over the last 12 months, down 26% from the prior year.収支内訳Ray の稼ぎ方とお金の使い方。LTMベースの直近の報告された収益に基づく。収益と収入の歴史TSE:4317 収益、費用、利益 ( )JPY Millions日付収益収益G+A経費研究開発費28 Feb 2613,4191,3033,155030 Nov 2513,2181,3462,972031 Aug 2511,7881,1232,801031 May 2511,3519962,717028 Feb 2510,4567452,592030 Nov 2410,4546322,622031 Aug 2411,2879192,618031 May 2411,2598472,586029 Feb 2411,2228182,577030 Nov 2311,8729412,562031 Aug 2310,7875572,584031 May 2311,4636872,638028 Feb 2312,4507152,750030 Nov 2212,9216492,832031 Aug 2212,8306502,855031 May 2212,4495742,836028 Feb 2211,0514192,721030 Nov 219,2581442,591031 Aug 218,579-182,475031 May 217,298-2402,300028 Feb 217,045-3672,274030 Nov 207,663-2522,360031 Aug 208,944-292,494031 May 2010,6853422,667029 Feb 2011,9257212,757030 Nov 1912,1109172,795031 Aug 1912,1129132,789031 May 1911,8157912,787028 Feb 1911,4716092,813030 Nov 1811,4153612,801031 Aug 1811,5413302,840031 May 1811,8003212,857028 Feb 1811,9593742,810030 Nov 1711,9154642,779031 Aug 1711,7384472,729031 May 1711,3492272,680028 Feb 1711,3142172,676030 Nov 1610,81042,702031 Aug 1610,943-132,719031 May 1611,4122822,768029 Feb 1611,4563562,776030 Nov 1512,0075602,746031 Aug 1511,7955382,746031 May 1511,2803392,8260質の高い収益: 4317は 高品質の収益 を持っています。利益率の向上: 4317の現在の純利益率 (9.7%)は、昨年(7.1%)よりも高くなっています。フリー・キャッシュフローと収益の比較過去の収益成長分析収益動向: 4317過去 5 年間で収益を上げており、収益は年間37.5%増加しています。成長の加速: 4317の過去 1 年間の収益成長率 ( 74.9% ) は、5 年間の平均 ( 年間37.5%を上回っています。収益対業界: 4317の過去 1 年間の収益成長率 ( 74.9% ) はEntertainment業界13.2%を上回りました。株主資本利益率高いROE: 4317の 自己資本利益率 ( 16.8% ) は 低い とみなされます。総資産利益率使用総資本利益率過去の好業績企業の発掘7D1Y7D1Y7D1YMedia 、過去の業績が好調な企業。View Financial Health企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/26 18:58終値2026/05/26 00:00収益2026/02/28年間収益2026/02/28データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Ray Corporation 0 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。0
Reported Earnings • Apr 16Full year 2026 earnings released: EPS: JP¥98.53 (vs JP¥54.05 in FY 2025)Full year 2026 results: EPS: JP¥98.53 (up from JP¥54.05 in FY 2025). Revenue: JP¥13.4b (up 28% from FY 2025). Net income: JP¥1.30b (up 75% from FY 2025). Profit margin: 9.7% (up from 7.1% in FY 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Jan 14Third quarter 2026 earnings released: EPS: JP¥36.18 (vs JP¥18.53 in 3Q 2025)Third quarter 2026 results: EPS: JP¥36.18 (up from JP¥18.53 in 3Q 2025). Revenue: JP¥4.29b (up 50% from 3Q 2025). Net income: JP¥476.0m (up 88% from 3Q 2025). Profit margin: 11% (up from 8.8% in 3Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 22% per year whereas the company’s share price has increased by 20% per year.
Reported Earnings • Oct 15Second quarter 2026 earnings released: EPS: JP¥13.86 (vs JP¥4.03 in 2Q 2025)Second quarter 2026 results: EPS: JP¥13.86 (up from JP¥4.03 in 2Q 2025). Revenue: JP¥2.63b (up 20% from 2Q 2025). Net income: JP¥183.0m (up 227% from 2Q 2025). Profit margin: 7.0% (up from 2.6% in 2Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 17% per year whereas the company’s share price has increased by 13% per year.
お知らせ • Oct 04Ray Corporation to Report Q2, 2026 Results on Oct 14, 2025Ray Corporation announced that they will report Q2, 2026 results on Oct 14, 2025
Reported Earnings • Jul 16First quarter 2026 earnings released: EPS: JP¥27.20 (vs JP¥8.04 in 1Q 2025)First quarter 2026 results: EPS: JP¥27.20 (up from JP¥8.04 in 1Q 2025). Revenue: JP¥3.22b (up 39% from 1Q 2025). Net income: JP¥364.0m (up 222% from 1Q 2025). Profit margin: 11% (up from 4.9% in 1Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 14% per year whereas the company’s share price has increased by 13% per year.
お知らせ • Jul 08Ray Corporation to Report Q1, 2026 Results on Jul 14, 2025Ray Corporation announced that they will report Q1, 2026 results on Jul 14, 2025
Reported Earnings • Apr 16Full year 2026 earnings released: EPS: JP¥98.53 (vs JP¥54.05 in FY 2025)Full year 2026 results: EPS: JP¥98.53 (up from JP¥54.05 in FY 2025). Revenue: JP¥13.4b (up 28% from FY 2025). Net income: JP¥1.30b (up 75% from FY 2025). Profit margin: 9.7% (up from 7.1% in FY 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.
お知らせ • Apr 14Ray Corporation, Annual General Meeting, May 28, 2026Ray Corporation, Annual General Meeting, May 28, 2026.
Upcoming Dividend • Feb 19Upcoming dividend of JP¥15.00 per shareEligible shareholders must have bought the stock before 26 February 2026. Payment date: 01 June 2026. Payout ratio is a comfortable 15% and this is well supported by cash flows. Trailing yield: 2.0%. Lower than top quartile of Japanese dividend payers (3.4%). Higher than average of industry peers (1.8%).
Reported Earnings • Jan 14Third quarter 2026 earnings released: EPS: JP¥36.18 (vs JP¥18.53 in 3Q 2025)Third quarter 2026 results: EPS: JP¥36.18 (up from JP¥18.53 in 3Q 2025). Revenue: JP¥4.29b (up 50% from 3Q 2025). Net income: JP¥476.0m (up 88% from 3Q 2025). Profit margin: 11% (up from 8.8% in 3Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 22% per year whereas the company’s share price has increased by 20% per year.
Reported Earnings • Oct 15Second quarter 2026 earnings released: EPS: JP¥13.86 (vs JP¥4.03 in 2Q 2025)Second quarter 2026 results: EPS: JP¥13.86 (up from JP¥4.03 in 2Q 2025). Revenue: JP¥2.63b (up 20% from 2Q 2025). Net income: JP¥183.0m (up 227% from 2Q 2025). Profit margin: 7.0% (up from 2.6% in 2Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 17% per year whereas the company’s share price has increased by 13% per year.
お知らせ • Oct 04Ray Corporation to Report Q2, 2026 Results on Oct 14, 2025Ray Corporation announced that they will report Q2, 2026 results on Oct 14, 2025
New Risk • Sep 18New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 5.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (5.0% average weekly change). Market cap is less than US$100m (JP¥8.60b market cap, or US$58.4m).
分析記事 • Sep 12Investors Still Aren't Entirely Convinced By Ray Corporation's (TSE:4317) Earnings Despite 30% Price JumpRay Corporation ( TSE:4317 ) shares have continued their recent momentum with a 30% gain in the last month alone. The...
Reported Earnings • Jul 16First quarter 2026 earnings released: EPS: JP¥27.20 (vs JP¥8.04 in 1Q 2025)First quarter 2026 results: EPS: JP¥27.20 (up from JP¥8.04 in 1Q 2025). Revenue: JP¥3.22b (up 39% from 1Q 2025). Net income: JP¥364.0m (up 222% from 1Q 2025). Profit margin: 11% (up from 4.9% in 1Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 14% per year whereas the company’s share price has increased by 13% per year.
分析記事 • Jul 15Market Cool On Ray Corporation's (TSE:4317) EarningsWhen close to half the companies in Japan have price-to-earnings ratios (or "P/E's") above 14x, you may consider Ray...
Valuation Update With 7 Day Price Move • Jul 15Investor sentiment improves as stock rises 17%After last week's 17% share price gain to JP¥527, the stock trades at a trailing P/E ratio of 9.3x. Average trailing P/E is 22x in the Entertainment industry in Japan. Total returns to shareholders of 64% over the past three years.
お知らせ • Jul 08Ray Corporation to Report Q1, 2026 Results on Jul 14, 2025Ray Corporation announced that they will report Q1, 2026 results on Jul 14, 2025
Reported Earnings • Jun 04Full year 2025 earnings released: EPS: JP¥54.05 (vs JP¥57.27 in FY 2024)Full year 2025 results: EPS: JP¥54.05 (down from JP¥57.27 in FY 2024). Revenue: JP¥10.5b (down 6.8% from FY 2024). Net income: JP¥745.0m (down 8.9% from FY 2024). Profit margin: 7.1% (down from 7.3% in FY 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 15% per year whereas the company’s share price has increased by 10% per year.
お知らせ • Apr 23Ray Corporation (TSE:4317) announces an Equity Buyback for 800,000 shares, representing 5.96% for ¥400 million.Ray Corporation (TSE:4317) announces a share repurchase program. Under the program, the company will repurchase up to 800,000 shares, representing 5.96% of its total shares outstanding (excluding treasury shares), for a total of ¥400 million. The purpose of repurchase program is to enable flexible capital policies that can respond to changes in the business environment. The repurchase program is valid till February 28, 2026. As of March 31, 2025, the company had 13,430,599 issued shares (excluding treasury shares).
Reported Earnings • Apr 15Full year 2025 earnings released: EPS: JP¥54.05 (vs JP¥57.27 in FY 2024)Full year 2025 results: EPS: JP¥54.05 (down from JP¥57.27 in FY 2024). Revenue: JP¥10.5b (down 6.8% from FY 2024). Net income: JP¥745.0m (down 8.9% from FY 2024). Profit margin: 7.1% (down from 7.3% in FY 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.
お知らせ • Apr 14Ray Corporation, Annual General Meeting, May 29, 2025Ray Corporation, Annual General Meeting, May 29, 2025.
お知らせ • Apr 05Ray Corporation to Report Fiscal Year 2025 Results on Apr 14, 2025Ray Corporation announced that they will report fiscal year 2025 results on Apr 14, 2025
Upcoming Dividend • Feb 20Upcoming dividend of JP¥10.00 per shareEligible shareholders must have bought the stock before 27 February 2025. Payment date: 30 May 2025. Payout ratio is a comfortable 33% and this is well supported by cash flows. Trailing yield: 2.3%. Lower than top quartile of Japanese dividend payers (3.8%). Higher than average of industry peers (1.2%).
Reported Earnings • Jan 15Third quarter 2025 earnings released: EPS: JP¥18.53 (vs JP¥37.83 in 3Q 2024)Third quarter 2025 results: EPS: JP¥18.53 (down from JP¥37.83 in 3Q 2024). Revenue: JP¥2.86b (down 23% from 3Q 2024). Net income: JP¥253.0m (down 53% from 3Q 2024). Profit margin: 8.8% (down from 15% in 3Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Oct 16Second quarter 2025 earnings released: EPS: JP¥4.03 (vs JP¥1.12 loss in 2Q 2024)Second quarter 2025 results: EPS: JP¥4.03 (up from JP¥1.12 loss in 2Q 2024). Revenue: JP¥2.19b (up 1.3% from 2Q 2024). Net income: JP¥56.0m (up JP¥72.0m from 2Q 2024). Profit margin: 2.6% (up from net loss in 2Q 2024). The move to profitability was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.
お知らせ • Oct 06Ray Corporation to Report Q2, 2025 Results on Oct 11, 2024Ray Corporation announced that they will report Q2, 2025 results on Oct 11, 2024
New Risk • Sep 17New major risk - Financial data availabilityThe company has not reported any financial data. This is considered a major risk. With no or incomplete audited reported financial data, it is virtually impossible to assess the company's investment potential. Currently, the following risks have been identified for the company: Major Risk No financial data reported. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (JP¥6.15b market cap, or US$43.7m).
分析記事 • Aug 13Ray (TSE:4317) Has Some Way To Go To Become A Multi-BaggerIf we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
Valuation Update With 7 Day Price Move • Aug 05Investor sentiment deteriorates as stock falls 21%After last week's 21% share price decline to JP¥380, the stock trades at a trailing P/E ratio of 6.4x. Average trailing P/E is 24x in the Entertainment industry in Japan. Total returns to shareholders of 33% over the past three years.
Reported Earnings • Jul 16First quarter 2025 earnings released: EPS: JP¥8.04 (vs JP¥5.86 in 1Q 2024)First quarter 2025 results: EPS: JP¥8.04 (up from JP¥5.86 in 1Q 2024). Revenue: JP¥2.32b (up 1.6% from 1Q 2024). Net income: JP¥113.0m (up 35% from 1Q 2024). Profit margin: 4.9% (up from 3.7% in 1Q 2024). Over the last 3 years on average, earnings per share has increased by 58% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth.
お知らせ • Jul 04Ray Corporation to Report Q1, 2025 Results on Jul 12, 2024Ray Corporation announced that they will report Q1, 2025 results on Jul 12, 2024
お知らせ • Jun 25Ray Corporation (TSE:4317) announces an Equity Buyback for 500,000 shares, representing 3.5% for ¥250 million.Ray Corporation (TSE:4317) announces a share repurchase program. Under the program, the company will repurchase up to 500,000 shares, representing 3.5% of its total shares outstanding (excluding treasury shares), for a total of ¥250 million. The purpose of repurchase program is to allocate the funds to shares to be delivered as restricted stock compensation and to enable flexible capital policy in response to changes in the business environment. The repurchase program is valid till February 28, 2025. As of May 31, 2024, the company had 14,273,223 issued shares (excluding treasury shares) and 355,753 treasury shares.
分析記事 • Apr 22Little Excitement Around Ray Corporation's (TSE:4317) Earnings As Shares Take 25% PoundingRay Corporation ( TSE:4317 ) shareholders won't be pleased to see that the share price has had a very rough month...
Valuation Update With 7 Day Price Move • Apr 19Investor sentiment deteriorates as stock falls 21%After last week's 21% share price decline to JP¥377, the stock trades at a trailing P/E ratio of 6.5x. Average trailing P/E is 22x in the Entertainment industry in Japan. Total returns to shareholders of 30% over the past three years.
New Risk • Apr 15New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 6.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (6.0% average weekly change). Market cap is less than US$100m (JP¥5.95b market cap, or US$38.6m).
Reported Earnings • Apr 14Full year 2024 earnings released: EPS: JP¥57.27 (vs JP¥49.90 in FY 2023)Full year 2024 results: EPS: JP¥57.27 (up from JP¥49.90 in FY 2023). Revenue: JP¥11.2b (down 9.9% from FY 2023). Net income: JP¥818.0m (up 14% from FY 2023). Profit margin: 7.3% (up from 5.7% in FY 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 74% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth.
お知らせ • Apr 14Ray Corporation, Annual General Meeting, May 29, 2024Ray Corporation, Annual General Meeting, May 29, 2024.
お知らせ • Apr 03Ray Corporation to Report Fiscal Year 2024 Results on Apr 12, 2024Ray Corporation announced that they will report fiscal year 2024 results on Apr 12, 2024
Upcoming Dividend • Feb 21Upcoming dividend of JP¥10.00 per shareEligible shareholders must have bought the stock before 28 February 2024. Payment date: 29 May 2024. Payout ratio is a comfortable 23% and this is well supported by cash flows. Trailing yield: 2.3%. Lower than top quartile of Japanese dividend payers (3.3%). Higher than average of industry peers (1.9%).
Reported Earnings • Jan 14Third quarter 2024 earnings released: EPS: JP¥37.83 (vs JP¥10.89 in 3Q 2023)Third quarter 2024 results: EPS: JP¥37.83 (up from JP¥10.89 in 3Q 2023). Revenue: JP¥3.69b (up 42% from 3Q 2023). Net income: JP¥540.0m (up 246% from 3Q 2023). Profit margin: 15% (up from 6.0% in 3Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 87% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.
お知らせ • Dec 28Ray Corporation to Report Q3, 2024 Results on Jan 12, 2024Ray Corporation announced that they will report Q3, 2024 results on Jan 12, 2024
Reported Earnings • Oct 13Second quarter 2024 earnings released: JP¥1.12 loss per share (vs JP¥7.96 profit in 2Q 2023)Second quarter 2024 results: JP¥1.12 loss per share (down from JP¥7.96 profit in 2Q 2023). Revenue: JP¥2.16b (down 24% from 2Q 2023). Net loss: JP¥16.0m (down 114% from profit in 2Q 2023). Over the last 3 years on average, earnings per share has increased by 92% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.
お知らせ • Oct 05Ray Corporation to Report Q2, 2024 Results on Oct 12, 2023Ray Corporation announced that they will report Q2, 2024 results on Oct 12, 2023
New Risk • Jul 29New major risk - Revenue and earnings growthEarnings have declined by 1.0% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 1.0% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (JP¥5.77b market cap, or US$40.9m).
お知らせ • Jul 08Ray Corporation to Report Q1, 2024 Results on Jul 13, 2023Ray Corporation announced that they will report Q1, 2024 results on Jul 13, 2023
Reported Earnings • Jul 01Full year 2023 earnings released: EPS: JP¥49.90 (vs JP¥37.97 in FY 2022)Full year 2023 results: EPS: JP¥49.90 (up from JP¥37.97 in FY 2022). Revenue: JP¥12.5b (up 13% from FY 2022). Net income: JP¥715.0m (up 31% from FY 2022). Profit margin: 5.7% (up from 4.9% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 57% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Jan 13Third quarter 2023 earnings released: EPS: JP¥11.86 (vs JP¥11.10 in 3Q 2022)Third quarter 2023 results: EPS: JP¥11.86 (up from JP¥11.10 in 3Q 2022). Revenue: JP¥2.61b (up 3.5% from 3Q 2022). Net income: JP¥170.0m (up 6.9% from 3Q 2022). Profit margin: 6.5% (up from 6.3% in 3Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has fallen by 16% per year, which means it is significantly lagging earnings.
お知らせ • Dec 29Ray Corporation to Report Q3, 2023 Results on Jan 12, 2023Ray Corporation announced that they will report Q3, 2023 results on Jan 12, 2023
Board Change • Nov 16No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 6 non-independent directors. Auditor Katsumi Sasaki was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Oct 15Second quarter 2023 earnings released: EPS: JP¥12.21 (vs JP¥2.65 in 2Q 2022)Second quarter 2023 results: EPS: JP¥12.21 (up from JP¥2.65 in 2Q 2022). Revenue: JP¥2.84b (up 16% from 2Q 2022). Net income: JP¥175.0m (up 361% from 2Q 2022). Profit margin: 6.2% (up from 1.5% in 2Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 8% per year whereas the company’s share price has fallen by 10% per year.
お知らせ • Sep 29Ray Corporation to Report Q2, 2023 Results on Oct 13, 2022Ray Corporation announced that they will report Q2, 2023 results on Oct 13, 2022
Reported Earnings • Jul 17First quarter 2023 earnings released: EPS: JP¥14.31 (vs JP¥3.00 loss in 1Q 2022)First quarter 2023 results: EPS: JP¥14.31 (up from JP¥3.00 loss in 1Q 2022). Revenue: JP¥3.27b (up 75% from 1Q 2022). Net income: JP¥205.0m (up JP¥248.0m from 1Q 2022). Profit margin: 6.3% (up from net loss in 1Q 2022). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 41% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings.
お知らせ • Jul 01Ray Corporation to Report Q1, 2023 Results on Jul 14, 2022Ray Corporation announced that they will report Q1, 2023 results on Jul 14, 2022
Reported Earnings • Jun 03Full year 2022 earnings released: EPS: JP¥37.97 (vs JP¥25.61 loss in FY 2021)Full year 2022 results: EPS: JP¥37.97 (up from JP¥25.61 loss in FY 2021). Revenue: JP¥11.1b (up 57% from FY 2021). Net income: JP¥544.0m (up JP¥911.0m from FY 2021). Profit margin: 4.9% (up from net loss in FY 2021). The move to profitability was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 65 percentage points per year, which is a significant difference in performance.
Board Change • Apr 27No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 6 non-independent directors. Auditor Katsumi Sasaki was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.
お知らせ • Apr 16Ray Corporation, Annual General Meeting, May 27, 2022Ray Corporation, Annual General Meeting, May 27, 2022.
Reported Earnings • Apr 15Full year 2022 earnings released: EPS: JP¥37.97 (vs JP¥25.61 loss in FY 2021)Full year 2022 results: EPS: JP¥37.97 (up from JP¥25.61 loss in FY 2021). Revenue: JP¥11.1b (up 57% from FY 2021). Net income: JP¥544.0m (up JP¥911.0m from FY 2021). Profit margin: 4.9% (up from net loss in FY 2021). The move to profitability was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 66 percentage points per year, which is a significant difference in performance.
お知らせ • Apr 08Ray Corporation to Report Fiscal Year 2022 Results on Apr 14, 2022Ray Corporation announced that they will report fiscal year 2022 results on Apr 14, 2022
Reported Earnings • Jan 14Third quarter 2022 earnings: Revenues and EPS in line with analyst expectationsThird quarter 2022 results: EPS: JP¥11.10 (up from JP¥0.35 loss in 3Q 2021). Revenue: JP¥2.52b (up 37% from 3Q 2021). Net income: JP¥159.0m (up JP¥164.0m from 3Q 2021). Profit margin: 6.3% (up from net loss in 3Q 2021). The move to profitability was driven by higher revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 79 percentage points per year, which is a significant difference in performance.
Reported Earnings • Oct 15Second quarter 2022 earnings released: EPS JP¥2.65 (vs JP¥12.84 loss in 2Q 2021)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: JP¥2.46b (up 109% from 2Q 2021). Net income: JP¥38.0m (up JP¥222.0m from 2Q 2021). Profit margin: 1.5% (up from net loss in 2Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 68 percentage points per year, which is a significant difference in performance.
Reported Earnings • Jul 16First quarter 2022 earnings released: JP¥3.00 loss per share (vs JP¥11.86 loss in 1Q 2021)The company reported a solid first quarter result with reduced losses, improved revenues and improved control over expenses. First quarter 2022 results: Revenue: JP¥1.87b (up 16% from 1Q 2021). Net loss: JP¥43.0m (loss narrowed 75% from 1Q 2021). Over the last 3 years on average, earnings per share has fallen by 57% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings.
Reported Earnings • Jun 02Full year 2021 earnings released: JP¥25.61 loss per share (vs JP¥50.32 profit in FY 2020)The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2021 results: Revenue: JP¥7.05b (down 41% from FY 2020). Net loss: JP¥367.0m (down 151% from profit in FY 2020). Over the last 3 years on average, earnings per share has fallen by 39% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings.
分析記事 • Apr 18Read This Before Buying Ray Corporation (TYO:4317) For Its DividendIs Ray Corporation ( TYO:4317 ) a good dividend stock? How can we tell? Dividend paying companies with growing earnings...
Reported Earnings • Apr 16Full year 2021 earnings released: JP¥25.61 loss per share (vs JP¥50.32 profit in FY 2020)The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2021 results: Revenue: JP¥7.05b (down 41% from FY 2020). Net loss: JP¥367.0m (down 151% from profit in FY 2020). Over the last 3 years on average, earnings per share has fallen by 39% per year but the company’s share price has only fallen by 16% per year, which means it has not declined as severely as earnings.
お知らせ • Mar 21Ray Corporation to Report Fiscal Year 2021 Results on Apr 14, 2021Ray Corporation announced that they will report fiscal year 2021 results on Apr 14, 2021
分析記事 • Feb 23Ray's (TYO:4317) Shareholders Are Down 47% On Their SharesRay Corporation ( TYO:4317 ) shareholders should be happy to see the share price up 14% in the last month. But that...
Is New 90 Day High Low • Feb 17New 90-day high: JP¥358The company is up 4.0% from its price of JP¥344 on 19 November 2020. The Japanese market is up 14% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Entertainment industry, which is up 27% over the same period.
Reported Earnings • Jan 15Third quarter 2021 earnings released: JP¥0.35 loss per shareThe company reported a poor third quarter result with weaker earnings, revenues and control over expenses. Third quarter 2021 results: Revenue: JP¥1.84b (down 41% from 3Q 2020). Net loss: JP¥5.00m (down 102% from profit in 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has fallen by 30% per year, which means it is performing significantly worse than earnings.
分析記事 • Jan 11Ray (TYO:4317) Has Debt But No Earnings; Should You Worry?Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
お知らせ • Jan 09Ray Corporation to Report Q3, 2021 Results on Jan 13, 2021Ray Corporation announced that they will report Q3, 2021 results on Jan 13, 2021
Is New 90 Day High Low • Dec 22New 90-day low: JP¥301The company is down 20% from its price of JP¥376 on 23 September 2020. The Japanese market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Entertainment industry, which is up 10.0% over the same period.
分析記事 • Nov 20Three Things You Should Check Before Buying Ray Corporation (TYO:4317) For Its DividendCould Ray Corporation (TYO:4317) be an attractive dividend share to own for the long haul? Investors are often drawn...
Reported Earnings • Oct 15First half earnings releasedOver the last 12 months the company has reported total losses of JP¥29.0m, with earnings decreasing by JP¥942.0m from the prior year. Total revenue was JP¥8.94b over the last 12 months, down 26% from the prior year.