tiprankstipranks
Advertisement
Advertisement

MonotaRO Posts 22.5% March Sales Surge and Strong Customer Growth

Story Highlights
  • MonotaRO’s March 2026 sales jumped 22.5% year on year to ¥34.5 billion, extending its strong first-quarter growth trend.
  • The company added about 104,000 new customer accounts in March, reinforcing robust demand for its MRO e-commerce platform and market position.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
MonotaRO Posts 22.5% March Sales Surge and Strong Customer Growth

Claim 55% Off TipRanks

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

MonotaRO reported non-consolidated March 2026 monthly sales of ¥34.50 billion, a 22.5% increase year on year, with first-quarter monthly revenues consistently exceeding the prior-year period by double-digit percentages. The company also recorded strong customer acquisition in March, adding about 104,000 new accounts and sustaining high growth in new customers since January, underscoring robust demand for its MRO e-commerce platform and supporting its competitive position in the Japanese industrial supply market.

Working days in March rose to 21 from 20 a year earlier, providing a modest tailwind to revenue growth, while management noted that figures are preliminary and may be revised. Revenues at quarter-end months include royalty income from overseas operations, indicating that part of the recent sales expansion reflects monetization of MonotaRO’s business model outside Japan as well as domestic transaction growth.

The most recent analyst rating on (JP:3064) stock is a Hold with a Yen1900.00 price target. To see the full list of analyst forecasts on MonotaRO Co stock, see the JP:3064 Stock Forecast page.

More about MonotaRO Co

MonotaRO Co., Ltd. is a Japan-based e-commerce distributor specializing in maintenance, repair and operations (MRO) supplies for corporate and institutional customers. The company focuses on providing a wide range of industrial and facility-related products through online channels, targeting efficiency-focused businesses across multiple sectors.

Average Trading Volume: 2,691,611

Technical Sentiment Signal: Sell

Current Market Cap: Yen901.2B

For a thorough assessment of 3064 stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1