Ray (TSE:4317) Total Assets: 円10,907 Mil (As of Feb. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TSE:4317 Ray Corp TSE:4317
69 GF Score
Price 円500.00
GF Value 円407.64
Valuation Modestly Overvalued
! 2 Warning Signs
View Full Analysis

What is Ray Total Assets?

Ray TSE:4317 +1.42% 69 Total Assets is 円10,907 Mil as of Feb. 2026. GuruFocus rates TSE:4317 with a GF Score™ of 69/100 and a GF Value™ of 円407.64 (Modestly Overvalued). The stock has 2 warning signs investors should review.

Ray's Total Assets for the quarter that ended in Feb. 2026 was 円10,907 Mil.

During the past 12 months, Ray's average Total Assets Growth Rate was 25.50% per year. During the past 3 years, the average Total Assets Growth Rate was 6.80% per year. During the past 5 years, the average Total Assets Growth Rate was 5.00% per year. During the past 10 years, the average Total Assets Growth Rate was -1.10% per year.

During the past 13 years, Ray's highest 3-Year average Total Assets Growth Rate was 24.00%. The lowest was -9.70%. And the median was 2.10%.

Total Assets is connected with ROA %. Ray's annualized ROA % for the quarter that ended in Feb. 2026 was 14.37%. Total Assets is also linked to Revenue through Asset Turnover. Ray's Asset Turnover for the quarter that ended in Feb. 2026 was 0.72.


Ray  (TSE:4317) Total Assets Explanation

Total Assets is connected with ROA %.

Ray's annualized ROA % for the quarter that ended in Feb. 2026 is

ROA %=Net Income (Q: Feb. 2026 )/( (Total Assets (Q: Aug. 2025 )+Total Assets (Q: Feb. 2026 ))/ count )
=1511.854/( (10134.3+10906.533)/ 2 )
=1511.854/10520.4165
=14.37 %

Note: The Net Income data used here is two times the semi-annual (Feb. 2026) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

Ray's Asset Turnover for the quarter that ended in Feb. 2026 is

Asset Turnover
=Revenue (Q: Feb. 2026 )/( (Total Assets (Q: Aug. 2025 )+Total Assets (Q: Feb. 2026 ))/ count )
=7574.023/( (10134.3+10906.533)/ 2 )
=7574.023/10520.4165
=0.72

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

Ray Total Assets Related Terms


Ray Total Assets Historical Data

* Premium members only.

The historical data trend for Ray's Total Assets can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Ray Total Assets Chart

Ray Annual Data
Trend Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9,791.44 9,582.66 9,399.62 9,120.96 10,906.53

Ray Semi-Annual Data
Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25 Aug25 Feb26
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 9,399.62 8,412.65 9,120.96 10,134.30 10,906.53
TSE:4317
69GF Score
Ray Corp TSE:4317
Total Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ray Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

Ray's Total Assets for the fiscal year that ended in Feb. 2026 is calculated as

Total Assets=Total Equity (A: Feb. 2026 )+Total Liabilities (A: Feb. 2026 )
=7772.937+3133.596
=10,907

Ray's Total Assets for the quarter that ended in Feb. 2026 is calculated as

Total Assets=Total Equity (Q: Feb. 2026 )+Total Liabilities (Q: Feb. 2026 )
=7772.937+3133.596
=10,907

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Total Assets →
What does a Total Assets of 円10,907 Mil mean?
Ray (TSE:4317) has a Total Assets of 円10,907 Mil as of Feb. 2026. The total amount of assets as recorded on a company's balance sheet. View historical data on Ray and its competitors.
Is Ray's Total Assets too high?
Ray's current Total Assets is 円10,907 Mil. Overall, Ray has a GF Score™ of 69/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ray's Total Assets compare to NFLX and DIS?
Ray's Total Assets of 円10,907 Mil can be compared against companies in the Media - Diversified industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Assets for a Media - Diversified company?
A good Total Assets depends on the Media - Diversified industry context. However, Total Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Assets mean?
A high Total Assets can signal that a stock is expensive relative to its fundamentals. The total amount of assets as recorded on a company's balance sheet. View historical data on Ray and its competitors. Ray's current Total Assets is 円10,907 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ray stock overvalued right now?
Based on GuruFocus' analysis, Ray (TSE:4317) is currently considered Modestly Overvalued. The stock's GF Value™ is 円407.64, compared to a current price of 円500.00 — trading 22.7% above its estimated fair value. The current Total Assets is 円10,907 Mil. Ray's overall GF Score™ is 69/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Assets calculated?
Total Assets is calculated from a company's financial statements. For Ray (TSE:4317), the current Total Assets is 円10,907 Mil as of Feb. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Ray (TSE:4317) Overvalued in 2026?

Based on GuruFocus' analysis, Ray stock appears to be overvalued. The current stock price of 円500.00 is trading 22.7% above its estimated GF Value™ of 円407.64. GuruFocus considers Ray to be Modestly Overvalued.

Key valuation signals for TSE:4317:

  • Total Assets: 円10,907 Mil
  • GF Value™: 円407.64 vs. price of 円500.00 (22.7% above fair value)
  • GF Score™: 69/100 with 2 warning signs

No single metric tells the full story. See the TSE:4317 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ray Business Description

Address 6-15-21 Roppongi, Hakus Roppongi Building, Minato-ku, Tokyo, JPN, 106-0032
Ray Corp is a Japan-based advertising company that operates in two business segments. The Advertising Solution segment has two divisions: the SP and event division, which handles planning and production of sales promotions, campaigns, expos, and showrooms; and the TVCM division, which creates TV commercials and promotional videos. The Technical Solution segment includes a video equipment rental division for events and business presentations, and a post-production division offering video editing, DVD/Blu-ray, and CG production services.
69GF Score

Get the complete analysis for TSE:4317

Total Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

円500.00
Price
円407.64
GF Value