MonotaRO, which sells tools and other indirect materials, reached a 10-month high, while its September monthly revenue announced the same day rose by more than 10%. The monthly results were reported as indicating that the revenue growth trend is continuing.
After MonotaRO, an online retailer of tools and other indirect materials, reached a 10-month high, it was reported that the monthly results announced the previous day showed September revenue had increased by more than 10% year on year.
The increase in monthly revenue was reported as a factor suggesting that the company’s revenue growth trend is continuing, attracting the attention of market participants.
MonotaRO sells tools and indirect materials primarily online, and the latest monthly revenue growth is viewed as indicating an expansion in demand for its business.