Misumi Group (9962 JP): Expansion Plan Undercut by Weak Demand
Management continued to invest in expansion while top line growth slowed, contributing to accelerating profit declines in 2Q, a substantial...
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Misumi Group (9962 JP): VONA Drags Down Profits
VONA sales were up 19.0% year-on-year in the three months to June, but the segment's operating profit dropped by 49.2% due to the cost of overseas...
535 Views
Monotaro (3064 JP): Share Price Hits New High; Outperforming VONA
On Friday, June 22, MonotaRO closed at ¥5,050, up 56% from its March 5 low of ¥3,235 and above our ¥4,600 price target. Driven by another month of...
300 Views
Misumi Group (9962 JP): Investing for the Long Term
After more than doubling outlays in FY Mar-18, Misumi plans to increase investments in production, logistics and IT by another 60% this fiscal year...
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Misumi Group (9962 JP): Good 3Q Results, FY Guidance Within Range
Results for the nine-months to December were in line with expectations, bringing the company within range of FY Mar-18 guidance. Sales were up...
267 Views