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MonotaRO (3064) investor relations material
MonotaRO Q3 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Consolidated sales for Jan.–Sep. 2025 reached ¥241.4 billion, up 14.1% year-over-year, with net income rising 25.7% to ¥23.1 billion.
Operating income increased 23.1% year-over-year to ¥33,274 million, with net income attributable to owners of the parent up 24.4% to ¥23,485 million.
Non-consolidated sales grew 15.1% year-over-year to ¥233.3 billion, with net income up 22.7% to ¥24.0 billion.
Registered accounts reached 10,946 thousand, with 799 thousand new accounts added during the period.
Overseas subsidiaries showed mixed results: South Korea achieved operating profit, Indonesia grew sales but missed plan, and India shifted focus to SMEs with improved margins.
Financial highlights
Consolidated gross profit margin improved to 29.8% (from 29.3% a year ago), with gross profit at ¥71,833 million.
Operating income margin rose to 13.8% (from 12.8%), with operating income up 23.1% year-over-year.
Cash and cash equivalents increased to ¥35.5 billion as of Sep. 2025.
Net assets increased to ¥114,736 million, reflecting strong earnings and dividend payments.
Dividend payout planned at ¥31/share for 2025, up from ¥19/share in 2024, targeting a payout ratio above 50%.
Outlook and guidance
Full-year 2025 consolidated sales forecast at ¥328.2 billion (+13.9% YoY), with net income attributable to owners of the parent projected at ¥30.3 billion (+15.0% YoY).
Operating income projected at ¥43,000 million, a 16.0% increase year-over-year.
Non-consolidated sales expected to reach ¥314.9 billion (+14.0% YoY), with net income of ¥30.9 billion (+19.0% YoY).
Overseas subsidiaries anticipate continued growth, with South Korea and Indonesia targeting higher sales and profitability.
No revision to the previously disclosed forecast.
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