MonotaRO Co., Ltd. Announces Year-End Dividend for the Year Ended December 31, 2015, Payable from March 28, 2016; Provides Dividend Guidance for the Full Year Ending December 31, 2016
January 29, 2016 at 08:30 pm IST
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MonotaRO Co., Ltd. announced year-end dividend of JPY 7.00 per share for the year ended December 31, 2015 same as previous year dividend. Scheduled date to commence dividend payment is March 28, 2016.
The company provided dividend guidance for the full year ending December 31, 2016. The company expects to pay interim dividend of JPY 9.00 per share compared to JPY 10.00 per share paid a year ago and expects to pay year-end dividend of JPY 9.00 per share compared to JPY 7.00 per share announced for the same period 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.
MonotaRO Co., Ltd. Announces Year-End Dividend for the Year Ended December 31, 2015, Payable from March 28, 2016; Provides Dividend Guidance for the Full Year Ending December 31, 2016