3064 MonotaRO
- 1570.0
- -30.0-1.88%
MonotaRO News
Jefferies Adjusts MonotaRO's Price Target to 1,770 Yen From 1,750 Yen, Keeps at Hold
MonotaRO (TYO:3064) has an average rating of hold and price targets ranging from 1,300 yen to 2,200 yen, according to analysts polled by Capital IQ.
List of Yunlou stocks [Ichimoku equilibrium table/ Yunlou stock list]
○Cloud Top Stock List Market Code Stock Name Closing Price Advance Span A Advance Span B Tokyo Stock Exchange Prime ＜2269＞ Meiji HD 3477 3361.25 3459.5 ＜2685＞ Adastria 3650 3647.5 3612.5 ＜3036＞ Alconix 1442 1439 1431.5 ＜4324＞
MRO Research Memo (5): The 2024/12 fiscal year is 19.0 yen (up 3.0 yen from the previous fiscal year), and dividend payout ratio of 37.6% is expected
■Shareholder Return Measures Monotaro ＜3064＞ is a policy to pay stable dividends according to business results. Dividends have continued to increase continuously over the past 10 years or more. Dividends for the fiscal year ending 2024/12 are forecast at the beginning of the fiscal year to an annual dividend of 19.0 yen (dividend payout ratio of 37.6%), an increase of 3.0 yen from the previous fiscal year. Since the company's profit growth rate is high, a fast pace of dividend increase can be expected. Also, as a shareholder benefit, the company is shareholders who have continuously held 100 shares or more at the end of the fiscal period (end of December) for six months or more
MRO Research Memo (4): Marketing analysis reveals significant growth potential due to penetration of medium and large companies into locations
■Strategy and Topics 1. Precise marketing progress Monotaro ＜3064＞ is a plan to take on a new challenge by touching the baton to the new president Tamura, and customer segment strategies and tactics have been refined as changes in the marketing side. The main target markets (customers) are classified into 4 segments: “Micro,” “Small,” “Mid,” and “Large,” and more clear customer understanding has progressed. In particular, it has become clear through recent research and analysis
MRO Research Memo (2): For the first quarter of the fiscal year ending 2024/12, sales were as planned compared to the initial plan, and each profit exceeded the plan
■Performance Trends Monotaro ＜3064＞'s standalone results for the first quarter of the fiscal year ending 2024/12 include sales of 66,288 million yen, up 11.2% from the same period last year, operating profit of 9,305 million yen, up 12.3%, and quarterly net profit of 6,488 million yen, up 11.3% from the same period, and both sales and profit increased by 2 digits. Compared to the initial plan, sales were almost as planned, and each profit exceeded the plan. Online shopping business and purchase management system business for main businesses (large enterprise cooperation
MRO--- Growth in the first quarter of the fiscal year ending 2024/12 was over 10% in both sales and profit compared to the same period last year
Monotaro ＜3064＞ is an internet shopping company for indirect materials, headquartered in Osaka-shi, Osaka*. Indirect materials span many types of items such as abrasives, drills, work gloves, etc. used in manufacturing processes, and are highly individualistic depending on the type of industry. The market size for indirect materials is 5 to 10 trillion yen, and the main sales channels are door-to-door tool dealers, hardware stores, auto parts dealers, etc., and the growth potential of online shopping channels is particularly high. Other companies in the same industry include ASKUL ＜2678＞ and MISUMI GROUP Head Office<
List of Unrivaled Stocks (Part 1) [Ichimoku Equilibrium Chart/Kumoku Stock List]
○Kumojo Stock List Market Code Stock Name Closing Price Advance Span A Advance Span B Tokyo Stock Exchange Prime ＜1802＞ Obayashi Gumi 1901 1772 1638.5 ＜2181＞ PERSOL HD 234 213 223 ＜2269＞ Meiji HD 3497 3381.25 3471.5 ＜2281＞
Brands that moved the day before part 2 Japanen, Genki Sushi, Santec, etc.
<コード>Stock name closing price on the 13th ⇒ compared to the previous day Nippon Sheet Glass ＜5202＞ 458-65 Both the previous fiscal year results and current fiscal year outlook were lower than expected. Nippon Shinyaku ＜4516＞ 3893-530 results for the first half of the year have come to a downturn in consensus. Okada Aiyon ＜6294＞ 2596-399 is expected to slow down in the current fiscal year's regular profit growth rate. With Monotaro ＜3064＞ 1690 -115 Keyence's online shopping entry observations, etc. Monogatari Corporation ＜3097＞ 3720 -34
MonotaRO: confirmation
MonotaRO: Quarterly Report - 25th Quarter 1 (2024/01/01 - 2024/03/31)
3 points you should pay attention to in the front field ~ Aiming for push while determining solidity after a round of buying ~
I would like to pay attention to the following 3 points in the 10-day advance transaction. ■ Promising stance while determining solidity after a round of buying ■ SoftBank, 24/3 operating profit down 17.4% 876 billion yen, 25/3 forecast 2.7% increase 900 billion yen ■ Front-end notable materials: Kanematsu creates emission rights in Vietnam, reduces methane in paddy fields ■ while determining solidity after a round of buying, the Japanese stock market is likely to have a dominant buying market. The US market on the 9th is NY
Kanematsu, Torishima Seisakusho, etc. [List of brand materials from newspapers]
*Kanematsu ＜8020＞ creates emission rights in Vietnam, methane reduction in rice paddies (Nikkan Kogyo side 1) - ○*Torishima Seisakusho ＜6363＞ new base in Egypt, pump maintenance for infrastructure (Nikkan Kogyo side 1) - ○*Brother Industries ＜6448＞ Roland DG acquisition was abandoned, and no purchase price increase (Nikkan Kogyo side 3) - ○*Mitsubishi ＜7211＞ US court, - Mitsubishi's own subsidiary, 157 billion yen (Nikkan Kogyo) due to traffic accidents *Daiwa House ＜1925＞ in-house entrepreneurship Boost, budget of 30 billion yen
JMDC, Shiono Yoshi, etc. (additional) Rating
Target Stock Price Change Code | Stock Name | Securities Company | Conventional | After Change |------|---------|--------|--------|＜2212＞|Yamazaki Pan | Mizuho | 3700 yen | 4150 yen |＜3064＞|Monotaro | City | 1500 yen | 1850 yen |＜4151 ＞|Kyowa Kiri
MRO-- 1Q saw a 2-digit increase in sales and profit, and both number of customers and sales expanded steadily
Monotaro ＜3064＞ announced consolidated financial results for the 1st quarter (24/1/3/3) of the fiscal year ending 2024/12 on the 25th. Sales increased 11.5% from the same period last year to 69.139 billion yen, operating profit increased 10.9% to 8.901 billion yen, ordinary profit increased 11.1% to 8.984 billion yen, and quarterly net profit attributable to parent company shareholders increased 10.0% to 6.256 billion yen. The company places internet advertisements on search engines and searches for its website
Convertible Stock List (Part 2) [Parabolic Signal Convertible Stock List]
○ List of sales conversion stocks market code stock name closing price SAR Tokyo Stock Exchange Prime ＜1942＞ Kandenko 1772 1980 ＜1952＞ Shinnichi Air Conditioning 3875 4070 ＜2150＞ Care Net 560 596 ＜2282＞ Nichi-Ham 5156 5272 ＜2294＞ Kakiyasu Main Store 284
Stocks that moved the day before part 2 area link, MacBeep, Cybertrust, etc.
<コード>Stock name 26th closing price ⇒ compared to the previous day Mitsubishi Pencil ＜7976＞ 2362 -195 I'm disgusted with the 1st quarter operating profit decline settlement. Monotaro ＜3064＞ 1782.5 -150 1st quarter gross margin decline etc. are viewed negatively. Shin-Etsu Chemical Industry ＜4063＞ 5906 -402 actual values and 1st quarter guidance are lower than market expectations. Koito Seisakusho ＜7276＞ 2073.5 -140 There is a sharp decline in consensus on both the results for the first fiscal year and the outlook for the current fiscal year. Pacific Industries <72
Nippon Zeon, Fujitsu SE, KEYENCE, etc.
＜7276＞ Made in Koito 2073.5 -140 continued to drop drastically. Financial results for the fiscal year ended March 24 were announced the day before. Operating profit was 56 billion yen, up 19.5% from the previous fiscal year, but profit declined drastically in the January-March fiscal year, and market expectations also declined by about 9 billion yen. There was a transient cost of about 3 billion yen, but earnings deteriorated more than expected. Also, the fiscal year ending 25/3 is 58 billion yen, which is expected to increase 3.6% from the same period, but this also lowers the consensus by about 9 billion yen. There was an increase due to dividends for the previous fiscal year, and dividends are planned to increase this fiscal year as well, but earnings
Notable stock digest (front field): MRO, Keyence, Social Wire, etc.
Mimasu Semiconductor ＜8155＞: 3235 yen car - stop high buying sign. Shin-Etsu Chemical Co., Ltd., which is the largest shareholder, has announced that it will implement TOB and make it a wholly owned subsidiary. The company has expressed an opinion in favor of TOB. The TOB price is 3700 yen, which is a 35.4% premium compared to the previous day's closing price, and the movement aimed at completely falling behind the TOB price intensified. TOB is scheduled to begin around the end of July, but the necessary procedures and responses based on domestic and international competition laws are fixed
Nomura FuHD, MinebeaMitsumi, etc. (added) Rating
Downgrading-Bearish Code | Stock Name | Securities Company | Conventional | After Change |------|--------------|--------------|--------------|<2337＞|Ichigo |Morgan S | “Over W” | “Equal W” | Target Stock Price Change Code | Stock Name | Securities Company | Conventional | After Change |----
MRO --- sharp decline, decline in gross profit margin in the first quarter, etc. are viewed negatively
MRO (3064) fell drastically. Financial results for the first quarter were announced the day before, and operating profit was 8.9 billion yen, up 10.9% from the same period last year, which slightly exceeded market expectations. It seems that the effects of reducing SG&A expenses have progressed more than expected. Meanwhile, gross profit margin was 29.2%, down 0.8 points from the same period last year. The company's plans also seem to have declined. It seems that the main reason is that orders from large companies have increased and the weight of PB has declined. Stock prices are currently in the high price range, reducing the decline in gross margin ratio
Analysis
Price Target
No Data
