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MonotaRO Adjusts Mito Distribution Center Plans Amid Rising Costs

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MonotaRO Adjusts Mito Distribution Center Plans Amid Rising Costs

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MonotaRO Co ( (JP:3064) ) has shared an announcement.

MonotaRO Co., Ltd. has announced changes to its Mito Distribution Center project, including a revised completion date and increased investment due to rising construction costs and additional specifications. Despite these changes, the new distribution center’s operations will not affect the company’s consolidated performance for the fiscal year ending December 31, 2025.

More about MonotaRO Co

MonotaRO Co., Ltd. operates in the industrial supply sector, providing a wide range of maintenance, repair, and operations (MRO) products. The company focuses on serving small to medium-sized enterprises with an extensive catalog of items available through its online platform.

YTD Price Performance: -15.25%

Average Trading Volume: 1

Technical Sentiment Signal: Hold

Current Market Cap: $9.42B

For detailed information about 3064 stock, go to TipRanks’ Stock Analysis page.

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