MonotaRO (3064): Positive Impression on May Sales
Parent company sales in May were 16.401bn yen (+20.9% YoY), above the company’s monthly target. The number of business days was 19, one day more...
292 Views
MonotaRO (3064): Satisfactory 1Q Results; 2Q and Beyond Are More and More Important
Consolidated OP was 6.664bn yen (+10.9% YoY), and OPM was 12.2% (-0.9ppt YoY). Progress toward the company’s 1H OP guidance of 11.702bn yen (-1.6%...
242 Views
MonotaRO (3064): Neutral Impression on March Sales; Effects of Price Hikes Appearing
Parent company sales in March were 19.771bn yen (+17.4% YoY), slightly below the company’s monthly target. The number of business days was 22...
236 Views
MonotaRO (3064): Earnings Forecast Update. Focus on Evolution of Logistics Infrastructure
New target price 2,150 yen; Reiterate our Hold rating. On February 3, the company announced FY12/21 consolidated OP of 24.1bn yen (+23.1% YoY, OPM...
192 Views
MonotaRO (3064): January Sales Achieved the Target.
Parent company sales in January 2022 were 16.356bn yen (+17.6% YoY), achieving the company’s monthly target. Sales to large corporations increased...
162 Views