MonotaRO Co., Ltd. Provides Dividend Guidance for the Second Quarter and Full Year of Fiscal Year Ending December 31, 2023
April 27, 2023 at 02:00 am EDT
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MonotaRO Co., Ltd. provided dividend guidance for the second quarter and for full year of fiscal year ending December 31, 2023. For the second quarter of fiscal year ending December 31, 2023, the company expects to pay dividend of JPY 8.00 per share against JPY 6.50 per share paid a year ago.
For the full year of fiscal year ending December 31, 2023, the company expects to pay dividend of JPY 8.00 per share against JPY 7.00 per share paid a year ago.
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.