Ray Corporation (TYO:4317)

Ray Corporation Balance Sheet

Financials in millions JPY. Fiscal year is March - February.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Nov 30, 2025	Feb 28, 2025	Feb 29, 2024	Feb 28, 2023	Feb 28, 2022	Feb 28, 2021
Cash & Equivalents	2,032	2,867	2,830	3,139	3,607	3,016
Cash & Short-Term Investments	2,032	2,867	2,830	3,139	3,607	3,016
Cash Growth	-11.11%	1.31%	-9.84%	-12.97%	19.60%	46.98%
Receivables	2,909	1,916	2,847	2,976	2,796	1,630
Inventory	690	423	262	213	242	218
Prepaid Expenses	112	109	112	99	95	100
Other Current Assets	705	41	101	176	22	326
Total Current Assets	6,448	5,356	6,152	6,603	6,762	5,290
Property, Plant & Equipment	3,679	3,138	2,684	2,503	2,568	2,790
Long-Term Investments	663	490	399	309	308	406
Other Intangible Assets	11	12	18	25	40	52
Long-Term Deferred Tax Assets	89	118	141	135	106	103
Other Long-Term Assets	1	1	-	2	2	2
Total Assets	10,896	9,120	9,399	9,582	9,791	8,648
Accounts Payable	960	594	894	743	946	690
Accrued Expenses	330	313	382	337	333	226
Short-Term Debt	400	600	780	920	1,470	1,470
Current Portion of Long-Term Debt	-	-	-	25	50	25
Current Portion of Leases	64	75	105	181	256	267
Current Income Taxes Payable	1,196	511	425	1,046	868	238
Other Current Liabilities	171	60	38	21	22	100
Total Current Liabilities	3,121	2,153	2,624	3,273	3,945	3,016
Long-Term Debt	-	-	-	-	25	75
Long-Term Leases	100	93	130	166	250	343
Other Long-Term Liabilities	187	79	95	98	98	85
Total Liabilities	3,408	2,325	2,849	3,537	4,318	3,519
Common Stock	471	471	471	471	471	471
Additional Paid-In Capital	727	726	726	726	726	726
Retained Earnings	6,808	5,985	5,451	4,848	4,275	3,927
Treasury Stock	-520	-387	-99	-	-	-
Comprehensive Income & Other	2	-	1	-	1	5
Total Common Equity	7,488	6,795	6,550	6,045	5,473	5,129
Shareholders' Equity	7,488	6,795	6,550	6,045	5,473	5,129
Total Liabilities & Equity	10,896	9,120	9,399	9,582	9,791	8,648
Total Debt	564	768	1,015	1,292	2,051	2,180
Net Cash (Debt)	1,468	2,099	1,815	1,847	1,556	836
Net Cash Growth	0.07%	15.65%	-1.73%	18.70%	86.12%	45.65%
Net Cash Per Share	110.22	152.28	127.07	128.90	108.59	58.34
Filing Date Shares Outstanding	13.16	13.42	14.02	14.33	14.33	14.33
Total Common Shares Outstanding	13.16	13.43	14.09	14.33	14.33	14.33
Working Capital	3,327	3,203	3,528	3,330	2,817	2,274
Book Value Per Share	569.18	505.93	464.88	421.87	381.96	357.95
Tangible Book Value	7,477	6,783	6,532	6,020	5,433	5,077
Tangible Book Value Per Share	568.34	505.04	463.61	420.13	379.16	354.32
Order Backlog	-	3,012	1,678	1,863	2,151	1,860

Updated Nov 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.