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Japanese e-commerce retailer of maintenance, repair and operating (MRO) supplies for factories, workshops and offices.
Japanese e-commerce retailer of maintenance, repair and operating (MRO) supplies for factories, workshops and offices.
Earns the markup on goods it buys from suppliers and ships from its own distribution centres, taking orders online and promising fast delivery on many items. It began in 2000 as a joint venture of US industrial distributor W.W. Grainger and Sumitomo, and Grainger remains the largest shareholder.
In one line: Japan's Grainger/Amazon Business for industrial supplies.
Moat: narrow (scale, distribution, data). Large SKU catalog and logistics scale create switching friction for repeat B2B buyers.
Headquarters: Amagasaki, Japan · Founded: 2000 · Employees: 1,525
Size MonotaRO (3064.T) is a Japan Industrials company (Wholesale Distributors) with a market value of $7.04B, the 179th largest of 1,379 Japan companies the cockpit tracks. Shares closed at ¥2,258 on 6 Nov 2026.
Performance Over six months the shares gained 21.5%, against -4.4% for the median peer and +1.8% for the Japan market (cap-weighted) — 4th highest of 21 in its peer set.
Growth Revenue grew 19.4% over the last twelve months (peer median +3.6%); the operating margin is 14.2% (peer median 9.8%).
Valuation It trades at 29.6× forward earnings against a peer median of 18.4× (4th most expensive of 21).
Price implies For today's price to make sense, revenue must grow about 10% a year for seven years (Req g). Recent delivered growth is +16%, so the hurdle is -7 pp: the price already allows for a slowdown.
Capital Return on invested capital runs 26.5 points above its cost of capital (7.0% WACC).
Next results Next results expected around 4 Feb 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | ¥380B | ¥334B | ¥288B | ¥254B | ¥226B |
| Revenue growth | — | +16% | +13% | +13% | — |
| Gross profit | ¥108B | ¥93.0B | ¥78.7B | ¥71.0B | ¥65.4B |
| EBITDA | ¥60.3B | ¥52.9B | ¥42.8B | ¥36.3B | ¥29.8B |
| Net income | ¥36.9B | ¥32.4B | ¥26.3B | ¥21.8B | ¥18.7B |
| Free cash flow | n/a | ¥21.8B | ¥27.3B | ¥24.1B | ¥6.02B |
| Capital expenditure | n/a | ¥16.1B | ¥3.50B | ¥7.96B | ¥11.5B |
| Total debt | ¥28.4B | ¥14.0B | ¥1.34B | ¥5.81B | ¥10.3B |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| MonotaRO 3064.T | $7.04B | +22% | +19% | 14% | 29.6× | 9.7% |
| MISUMI 9962.T | $6.25B | +3% | +24% | 13% | 17.9× | 9.3% |
| W. W. Grainger GWW | $67.9B | +17% | +9% | 17% | 28.2× | 11.9% |
| Amazon AMZN | $2.80T | -5% | +15% | 13% | 26.3× | n/a |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | 3064.T | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +6.5% | +3.6% | 8th highest of 21 |
| 6-month return | +21.5% | -4.4% | 4th highest of 21 |
| Distance from 52-week high | -11.0% | -17.5% | 7th highest of 21 |
| Revenue growth (TTM) | +19.4% | +3.6% | 4th highest of 21 |
| Operating margin | 14.2% | 9.8% | 6th highest of 21 |
| Forward P/E | 29.6× | 18.4× | 4th most expensive of 21 |
| Growth the price implies (Req g, 7 yrs) | 9.7% | 10.1% | 10th least demanding of 20 |
| Growth delivered (Del g) | +16.2% | +9.0% | 3rd highest of 19 |
| Hurdle (Req g minus delivered) | -6.6 pp | -0.7 pp | 4th least demanding of 19 |
| ROIC minus cost of capital | +26.5 pp | +1.3 pp | 3rd highest of 21 |
| EV / EBITDA | 18.2× | 12.6× | 3rd most expensive of 18 |
| Net debt / EBITDA | -0.2× | 2.4× | 2nd least indebted of 18 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| MonotaRO 3064.T | Japan | $7.04B | +22% | +19% | 14% | 29.6× | 9.7% | +16.2% |
| Imcd IMCD.AS | Netherlands | $6.80B | +7% | +3% | 8% | 18.2× | 10.9% | +11.5% |
| Royal Vopak VPK.AS | Netherlands | $6.51B | +14% | +1% | 29% | 15.5× | 8.8% | +1.8% |
| Reece REH.AX | Australia | $7.83B | +44% | +4% | 6% | 35.5× | 24.2% | +8.4% |
| MSC Industrial Direct MSM | United States | $6.33B | +9% | +6% | 9% | 20.1× | 9.0% | +4.3% |
| Beijer Ref BEIJ-B.ST | Sweden | $8.09B | +27% | +4% | 10% | 28.0× | 14.0% | +21.4% |
| Finning International FTT.TO | Canada | $8.20B | -9% | 0% | 8% | 17.5× | 10.1% | +11.3% |
| Addtech ADDT-B.ST | Sweden | $8.66B | -2% | +4% | 13% | 30.7× | 19.3% | +14.9% |
| Core & Main CNM | United States | $8.76B | -6% | -1% | 10% | 14.3× | 5.3% | +16.0% |
| Hotai Motor 2207.TW | Taiwan | $8.90B | +10% | +8% | 11% | 13.2× | 1.5% | +3.9% |
| Hdhms 443060.KS | South Korea | $5.28B | -39% | +20% | 16% | 23.0× | 3.0% | +14.5% |
| Brenntag BNR.DE | Germany | $10.0B | 0% | -5% | 5% | 14.5× | 1.9% | +5.2% |
| Zhejiang China Commodities City 600415.SS | China | $10.0B | -7% | +22% | 22% | 14.4× | n/a | n/a |
| SiteOne Landscape Supply SITE | United States | $4.86B | -7% | +3% | 5% | 24.4× | 18.4% | +11.7% |
| RS Group PLC RS1.L | United Kingdom | $4.85B | +33% | -1% | 8% | 18.6× | 15.1% | +7.5% |
| Applied Industrial Technologies AIT | United States | $10.3B | -8% | +8% | 11% | 23.0× | 8.6% | +8.9% |
| Groupe Dynamite GRGD.TO | Canada | $4.79B | -33% | +37% | 32% | 17.6× | 22.8% | n/a |
| Toromont Industries TIH.TO | Canada | $10.7B | -15% | +16% | 15% | 20.2× | 7.6% | +8.4% |
| Bollore BOL.PA | France | $11.8B | -28% | -83% | -7% | 36.9× | 37.0% | -29.4% |
| SGH SGH.AX | Australia | $11.9B | +7% | -1% | 13% | 18.1× | 11.4% | +17.0% |
| Rexel RXL.PA | France | $11.9B | -10% | +1% | 6% | 13.5× | 7.7% | +9.0% |