MonotaRO Co., Ltd. Provides Consolidated Earnings Guidance for the First Half Year and Full Year of Fiscal Year Ending December 31, 2023
April 27, 2023 at 11:30 am IST
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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, 2023. For the first half year, on consolidated basis, the company expects net sales of JPY 128,696 million, operating income of JPY 14,899 million, net income attributable to owners of the parent of JPY 10,400 million and net income per share of JPY 20.93.
For the first half year, on consolidated basis, the company expects net sales of JPY 265,195 million, operating income of JPY 32,030 million, net income attributable to owners of the parent of JPY 22,789 million and net income per share of JPY 45.86.
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.