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Ray, Ordinary Profit Forecast for the Fiscal Year Revised Upward to an Unexpected 24% Increase

Thu Oct 9, 2025 3:30 pm JST Revision

4317 Ray Corporation 【J-GAAP】

Guidance Update Report

Ray Corporation <4317> [TSE Std] announced a performance revision after the market closed on October 9th (15:30). The consolidated ordinary profit forecast for the fiscal year ending February 2026 has been revised upward 30.0%, from the previous forecast of 1.00 billion yen to 1.30 billion yen (compared to 1.05 billion yen in the previous period), turning to a 23.8% increase in the consolidated ordinary profit outlook.

At the same time, the March to August period (first half) consolidated ordinary profit has been revised upward 44.1%, from the previous forecast of 0.54 billion yen to 0.77 billion yen (compared to 0.23 billion yen in the same period of the previous year), increasing the growth rate from 2.3 times to 3.3 times, reaches new record high for the first time in three terms.

Kabutan News

Guidance Update

First Half Update
Fiscal Year Revenue Operating
Profit
Ordinary
Profit
Net
Profit
Adj.
EPS
Adj.
Dividend
Announce Accounting
Standards
Mar - Aug, 2025 Prev 5,600M 500M 540M 375M 28.4 0 Jul 14, 2025 J-GAAP
Mar - Aug, 2025 New 5,845M 708M 778M 547M 41.6 0 Oct 9, 2025 J-GAAP
Revision Rate +4.4% +41.6% +44.1% +45.9% +46.3%
Full Year Update
Fiscal Year Revenue Operating
Profit
Ordinary
Profit
Net
Profit
Adj.
EPS
Adj.
Dividend
Announce Accounting
Standards
Feb, 2026 Prev 12,000M 900M 1,000M 700M 53.2 15 Apr 14, 2025 J-GAAP
Feb, 2026 New 12,500M 1,200M 1,300M 900M 68.4 15 Oct 9, 2025 J-GAAP
Revision Rate +4.2% +33.3% +30.0% +28.6% +28.6%

Current Period Guidance

First Half Results
Fiscal Year Revenue Operating
Profit
Ordinary
Profit
Net
Profit
Adj.
EPS
Adj.
Dividend
Announce Accounting
Standards
Mar - Aug, 2024
4,513M 172M 236M 169M 12.1 0 Oct 11, 2024 J-GAAP
Guidance
Mar - Aug, 2025
5,845M 708M 778M 547M 41.6 0 Oct 9, 2025 J-GAAP
YoY +29.5% +311.6% +229.7% +223.7% +243.4%
Current Period Guidance
Fiscal Year Revenue Operating
Profit
Ordinary
Profit
Net
Profit
Adj.
EPS
Adj.
Dividend
Announce Accounting
Standards
Feb, 2024
11,222M 1,152M 1,311M 818M 57.3 15 Apr 12, 2024 J-GAAP
Feb, 2025
10,456M 927M 1,050M 745M 54.1 15 Apr 14, 2025 J-GAAP
Guidance
Feb, 2026
12,500M 1,200M 1,300M 900M 68.4 15 Oct 9, 2025 J-GAAP
YoY +19.5% +29.4% +23.8% +20.8% +26.5%