MonotaRO Co., Ltd. Provides Earnings Guidance for the Year Ending December 31, 2021
July 30, 2021 at 02:00 am
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MonotaRO Co., Ltd. provided earnings guidance for the year ending December 31, 2021. For the year, the company expects net sales of ¥194,220 million, operating income of ¥24,678 million and Net income attributable to owners of the parent of ¥17,273 million or ¥34.77 per share.
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.