MonotaRO Co., Ltd. Provides Consolidated Earnings Guidance for the Half Year and Full Year of Fiscal Year Ending December 31, 2021
April 30, 2021 at 02:00 am EDT
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MonotaRO Co., Ltd. provided consolidated earnings guidance for the half year and full year of fiscal year ending December 31, 2021. For the half year of fiscal year ending December 31, 2021, the company expects net sales of JPY 94,133 million, operating income of JPY 12,041 million, net income attributable to owners of the parent of JPY 8,427 million and net income per share of JPY 16.96.
For the fiscal year ending December 31, 2021, the company expects net sales of JPY 194,220 million, operating income of JPY 24,678 million, net income attributable to owners of the parent of JPY 17,273 million and net income per share of JPY 34.77.
MonotaRO Co.,Ltd. is a Japan-based company principally engaged in the sale of factory indirect materials. The Company sells factory indirect materials to customers, mainly small and medium-sized manufacturing companies in Japan and overseas, by mail order using e-commerce (distribution based on the Internet). The Company publishes products purchased from domestic and foreign wholesalers and manufacturers in the web catalog of its Website and in the paper catalog distributed to each customer, and sells them directly to domestic and foreign end users. The products handled by the Company are mainly factory indirect materials, such as consumables and repair products that are routinely used in factories. The Company is also involved in the development of private brands for some products with high demand from customers.