MonotaRO Co., Ltd. Declares Dividend for the Year Ended December 31, 2016 Payable on March 27, 2017; Provides Dividend Guidance for the Second Quarter of 2017 and Full Year Ending December 31, 2017
January 27, 2017 at 03:00 pm
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MonotaRO Co., Ltd. declared year end dividend of ¥9.00 per share for the year ended December 31, 2016 against ¥7.00 per share last year. Total dividend was ¥18.00 per share. The company implemented a 2-for-1 share split effective on October 1, 2015 and total dividend for the year ended December 31, 2015 would be equivalent to ¥12 on the assumption that the share split was implemented at the beginning of that fiscal year. Scheduled date to commence dividend payment is March 27, 2017.
For the second quarter end of the year ending December 31, 2017, the company expects to pay dividend of ¥11.00 per share against ¥9.00 per share last year.
For the year ending December 31, 2017, the company expects to pay dividend of ¥11.00 per share against ¥9.00 per share last year. Total dividend for the year ending December 31, 2017 is expected to be ¥22.00 per share against ¥18.00 per share last year.
MonotaRO Co.,Ltd. is a Japan-based company principally engaged in the sale of factory indirect materials. The Company sells factory indirect materials to customers, mainly small and medium-sized manufacturing companies in Japan and overseas, by mail order using e-commerce (distribution based on the Internet). The Company publishes products purchased from domestic and foreign wholesalers and manufacturers in the web catalog of its Website and in the paper catalog distributed to each customer, and sells them directly to domestic and foreign end users. The products handled by the Company are mainly factory indirect materials, such as consumables and repair products that are routinely used in factories. The Company is also involved in the development of private brands for some products with high demand from customers.
MonotaRO Co., Ltd. Declares Dividend for the Year Ended December 31, 2016 Payable on March 27, 2017; Provides Dividend Guidance for the Second Quarter of 2017 and Full Year Ending December 31, 2017
MONOTARO CO., LTD. 
