Ray Corporation (TYO:4317)

Ray Corporation Balance Sheet

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

Assets

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Aug 31, 2026	Feb 28, 2026	Feb 28, 2025	Feb 29, 2024	Feb 28, 2023	Feb 28, 2022
Cash & Equivalents	2,547	3,060	2,867	2,830	3,139	3,607
Cash & Short-Term Investments	2,547	3,060	2,867	2,830	3,139	3,607
Cash Growth	-9.16%	6.73%	1.31%	-9.84%	-12.97%	19.60%
Receivables	1,720	1,859	1,916	2,847	2,976	2,796
Inventory	432	965	423	262	213	242
Prepaid Expenses	168	124	109	112	99	95
Other Current Assets	523	30	41	101	176	22
Total Current Assets	5,390	6,038	5,356	6,152	6,603	6,762
Property, Plant & Equipment	4,059	3,965	3,138	2,684	2,503	2,568
Long-Term Investments	716	714	490	399	309	308
Other Intangible Assets	10	11	12	18	25	40
Long-Term Deferred Tax Assets	145	171	118	141	135	106
Other Long-Term Assets	1	2	1	-	2	2
Total Assets	10,326	10,906	9,120	9,399	9,582	9,791

Liabilities

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Aug 31, 2026	Feb 28, 2026	Feb 28, 2025	Feb 29, 2024	Feb 28, 2023	Feb 28, 2022
Accounts Payable	543	687	594	894	743	946
Accrued Expenses	507	513	313	382	337	333
Short-Term Debt	400	400	600	780	920	1,470
Current Portion of Long-Term Debt	-	-	-	-	25	50
Current Portion of Leases	54	62	75	105	181	256
Current Income Taxes Payable	512	1,134	511	425	1,046	868
Other Current Liabilities	62	50	60	38	21	22
Total Current Liabilities	2,078	2,846	2,153	2,624	3,273	3,945
Long-Term Debt	-	-	-	-	-	25
Long-Term Leases	74	100	93	130	166	250
Other Long-Term Liabilities	190	188	79	95	98	98
Total Liabilities	2,342	3,134	2,325	2,849	3,537	4,318

Shareholders' Equity

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Aug 31, 2026	Feb 28, 2026	Feb 28, 2025	Feb 29, 2024	Feb 28, 2023	Feb 28, 2022
Common Stock	471	471	471	471	471	471
Additional Paid-In Capital	731	727	726	726	726	726
Retained Earnings	7,261	7,088	5,985	5,451	4,848	4,275
Treasury Stock	-494	-520	-387	-99	-	-
Comprehensive Income & Other	15	6	-	1	-	1
Total Common Equity	7,984	7,772	6,795	6,550	6,045	5,473
Shareholders' Equity	7,984	7,772	6,795	6,550	6,045	5,473
Total Liabilities & Equity	10,326	10,906	9,120	9,399	9,582	9,791

Additional Metrics

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Aug 31, 2026	Feb 28, 2026	Feb 28, 2025	Feb 29, 2024	Feb 28, 2023	Feb 28, 2022
Total Debt	528	562	768	1,015	1,292	2,051
Net Cash (Debt)	2,019	2,498	2,099	1,815	1,847	1,556
Net Cash Growth	-6.66%	19.01%	15.65%	-1.73%	18.70%	86.12%
Net Cash Per Share	153.34	188.89	152.28	127.07	128.90	108.59
Filing Date Shares Outstanding	13.2	13.16	13.42	14.02	14.33	14.33
Total Common Shares Outstanding	13.2	13.16	13.43	14.09	14.33	14.33
Working Capital	3,312	3,192	3,203	3,528	3,330	2,817
Book Value Per Share	604.95	590.76	505.93	464.88	421.87	381.96
Tangible Book Value	7,974	7,761	6,783	6,532	6,020	5,433
Tangible Book Value Per Share	604.19	589.93	505.04	463.61	420.13	379.16
Order Backlog	-	4,164	3,012	1,678	1,863	2,151

Data Source: S&P Global Market Intelligence Last updated: Oct 15, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Oct 25, 2026

Data Sources Report a data error