Monotaro Co., Ltd. Provides Consolidated Earnings Guidance for the First Half Year and Full Year of Fiscal Year Ending December 31, 2024
February 02, 2024 at 01:00 am EST
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MonotaRO Co., Ltd. provided consolidated earnings guidance for the first half year and full year of fiscal year ending December 31, 2024. For the first half year, on consolidated basis, the company expects net sales of JPY 139,015 million, operating income of JPY 17,022 million, net income attributable to owners of the parent of JPY 11,923 million and net income per share of JPY 23.99.
For the year, on consolidated basis, the company expects net sales of JPY 286,570 million, operating income of JPY 35,820 million, net income attributable to owners of the parent of JPY 25,096 million and net income per share of JPY 50.51.
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.