Interim report
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August 4, 2026 Consolidated Financial Results for the First Six Months of Fiscal Year Ending December 31, 2026(Six Months Ended June 30, 2026) Company name: MonotaRO Co., Ltd. Listing: Tokyo Stock Exchange, Prime Market Stock code: 3064 URL: https://corp.monotaro.com/ Representative: Sakuya Tamura, President & CEO Contact: Yohei Yuki, Executive Officer, and CFO, Head of Corporate Div. Tel:+81-6-4869-7190 Scheduled date to file Semi-annual Securities Report:August 7, 2026 Scheduled date to commence dividend payment: September 9, 2026 Supplementary materials: Yes Investors meeting: Yes (Figures are rounded down to the nearest million yen) 11111..... CCCCCooooonnnnnsssssooooollllliiiiidddddaaaaattttteeeeeddddd FFFFFiiiiinnnnnaaaaannnnnccccciiiiiaaaaalllll RRRRReeeeesssssuuuuullllltttttsssss fffffooooorrrrr ttttthhhhheeeee SSSSSiiiiixxxxx MMMMMooooonnnnnttttthhhhhsssss EEEEEnnnnndddddeeeeeddddd JJJJJuuuuunnnnneeeee 3333300000,,,,, 22222000002222266666 (((((JJJJJaaaaannnnnuuuuuaaaaarrrrryyyyy 0000011111,,,,, 22222000002222266666 ––––– JJJJJuuuuunnnnneeeee 3333300000,,,,, 22222000002222266666))))) (1) Consolidated results of operations (Percentages show the change from the same period of previous fiscal year) Net sales Operating income Ordinary income Net income attributable to owners of the parent Millions of yen % Millions of yen % Millions of yen % Millions of yen % Six months ended Jun. 30, 2026 193,261 20.6 27,342 24.9 27,125 24.2 18,578 20.5 Six months ended Jun. 30, 2025 160,232 14.9 21,883 23.4 21,840 22.2 15,417 23.4 Note: Comprehensive income: Six months ended Jun. 30, 2026: 18,265 million yen (22.2%) Six months ended Jun. 30, 2025: 14,944 million yen (21.7%) Net income per share Diluted net income per share Yen Yen Six months ended Jun. 30, 2026 37.63 37.63 Six months ended Jun. 30, 2025 31.03 31.03 (2) Consolidated financial position Total assets Net assets Equity ratio Millions of yen Millions of yen % As of Jun. 30, 2026 191,025 121,164 63.2 As of Dec. 31, 2025 193,243 122,933 63.4 Reference: Shareholders’equity Jun. 30, 2026: 120,780 million yen Dec. 31, 2025: 122,504 million yen 22222..... DDDDDiiiiivvvvviiiiidddddeeeeennnnndddddsssss Dividend per share 1Q-end 2Q-end 3Q-end Year-end Total Yen Yen Yen Yen Yen Year ended Dec. 31, 2025 － 15.00 － 18.00 33.00 Year ending Dec. 31, 2026(actual) － 18.00 Year ending Dec. 31, 2026(forecast) － 19.00 37.00 33333..... CCCCCooooonnnnnsssssooooollllliiiiidddddaaaaattttteeeeeddddd FFFFFooooorrrrreeeeecccccaaaaassssstttttsssss fffffooooorrrrr ttttthhhhheeeee FFFFFiiiiissssscccccaaaaalllll YYYYYeeeeeaaaaarrrrr EEEEEnnnnndddddiiiiinnnnnggggg DDDDDeeeeeccccceeeeemmmmmbbbbbeeeeerrrrr 3333311111,,,,, 22222000002222266666 (((((JJJJJaaaaannnnnuuuuuaaaaarrrrryyyyy 0000011111,,,,, 22222000002222266666 ––––– DDDDDeeeeeccccceeeeemmmmmbbbbbeeeeerrrrr 3333311111,,,,, 22222000002222266666))))) (Percentages show the change from the previous fiscal year) Net sales Operating income Ordinary income Net income attributable to owners of the parent Net income per share Millions of yen % Millions of yen % Millions of yen % Millions of yen % Yen Full year 381,379 14.2 53,069 14.9 52,789 14.6 36,180 11.5 72.81 Note: Revision of consolidated forecast during this quarter: None
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***** NNNNNooooottttteeeeesssss (1) Changes in the number of material subsidiaries resulting in changes in scope of consolidation during the six-month period ended June 30, 2026: None (2) Application of special accounting methods for the preparation of quarterly consolidated financial statements: Yes * Regarding income tax expenses, we estimate a reasonable effective tax rate after applying tax-effect accounting to the pre-tax net income for the consolidated fiscal year. We calculate income tax expenses by applying this estimated effective tax rate to the net income before income taxes. (3) Changes in accounting principles and estimates, or retrospective restatements: 1) Changes in accounting principles caused by the revision of accounting standards: None 2) Changes in accounting principles other than mentioned in 1): None 3) Changes in estimates: None 4) Retrospective restatements: None (4) Number of shares outstanding (common shares) 1) Number of shares outstanding at the end of period (including treasury stock) Jun. 30, 2026: 496,155,600 shares Dec. 31, 2025: 501,361,000 shares 2) Number of treasury stock at the end of period Jun. 30, 2026: 4,383,066 shares Dec. 31, 2025: 4,446,052 shares 3) Average number of shares outstanding during the period Six months ended Jun. 30, 2026: 493,671,590 shares Six months ended June 30, 2025: 496,905,902 shares Review of the Japanese-language originals of the attached consolidated quarterly financial statements by certified public accountants or an audit firm: None * Cautionary statement with respect to forward-looking statements The forecasts above are based on the judgments made in accordance with information currently available. Forecasts therefore include risks and uncertainties. Actual figures may differ from these forecasts due to subsequent changes in the circumstances.
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1. Qualitative Information on the Consolidated Financial Statements (((((11111))))) QQQQQuuuuuaaaaallllliiiiitttttaaaaatttttiiiiivvvvveeeee IIIIInnnnnfffffooooorrrrrmmmmmaaaaatttttiiiiiooooonnnnn RRRRReeeeegggggaaaaarrrrrdddddiiiiinnnnnggggg CCCCCooooonnnnnsssssooooollllliiiiidddddaaaaattttteeeeeddddd RRRRReeeeesssssuuuuullllltttttsssss ooooofffff OOOOOpppppeeeeerrrrraaaaatttttiiiiiooooonnnnnsssss During the first six months of the fiscal year ending December 31, 2026, the outlook for the Japanese economy has remained uncertain due to factors such as soaring raw material and energy prices driven by heightened tensions in the Middle East and the prolonged depreciation of the yen, as well as sluggish personal consumption amid rising prices and increasing labor costs resulting from structural labor shortages. In this economic environment, we have continually concentrated on acquiring new customers actively mainly through internet advertisements (paid listings) and internet search engine optimization (SEO), which can improve our website’s position on the search engines. We also conducted promotion activities including using e-mail and mailing flyers with optimized product listings for each customer, daily special prices, and broadcasted TV commercials to enhance customers' awareness much further. Furthermore, the publication and distribution of our general catalog "RED BOOK," which had been temporarily suspended, were resumed in March 2026. In our product strategy, we are continuously expanding the number of products offered on our website to meet the diverse needs of our customers. Furthermore, we are promoting the development of private brand products. The total number of our product lineup reached approximately 28.6 million items in total with 731 thousand items in stock available for the same day shipment to meet the increase in demand corresponding to the expansion of our customer base as of the end of the first six months of the fiscal year ending December 31, 2026. In the Enterprise Business, both the number of customers and the amount of sales steadily increased. This growth was driven by sales initiatives aimed at acquiring new partner companies, as well as by penetrating existing customer bases to expand usage. Consequently, we have successfully obtained 591 thousand newly registered accounts for the first six months of the fiscal year ending December 31, 2026 and the number of registered accounts totaled 11,853 thousand as of June 30, 2026. In addition, our subsidiaries such as NAVIMRO, which is our Korean subsidiary, also actively engaged in acquiring new customers mainly through paid listings and focused on increasing both their product lineup and the number of products in stock in order to expand their customer base. All of our efforts mentioned above resulted in net sales of 193,261 million yen (an increase of 20.6% increase from the same period of the previous fiscal year), operating income of 27,342 million yen (an increase of 24.9% increase from the same period of the previous fiscal year), ordinary income of 27,125 million yen (an increase of 24.2% increase from the same period of the previous fiscal year), and net income attributable to owners of the parent of 18,578 million yen, a corresponding 20.5% increase. (((((22222))))) QQQQQuuuuuaaaaallllliiiiitttttaaaaatttttiiiiivvvvveeeee IIIIInnnnnfffffooooorrrrrmmmmmaaaaatttttiiiiiooooonnnnn RRRRReeeeegggggaaaaarrrrrdddddiiiiinnnnnggggg CCCCCooooonnnnnsssssooooollllliiiiidddddaaaaattttteeeeeddddd FFFFFiiiiinnnnnaaaaannnnnccccciiiiiaaaaalllll PPPPPooooosssssiiiiitttttiiiiiooooonnnnn Total assets as of June 30, 2026 (the end of the first six months of the fiscal year ending December 31, 2026) amounted to 191,025 million yen, a decrease of 2,218 million yen from the end of the previous fiscal year. This was mainly attributable to an increase of 5,415 million yen in merchandise and finished goods, while decreases of 5,959 million yen in cash and deposits and 1,940 million yen in notes and accounts receivable-trade were recorded. On the other hand, total liabilities as of June 30, 2026 amounted to 69,861 million yen, a decrease of 448 million yen from the end of the previous fiscal year. This was mainly attributable to an increase of 7,500 million yen in long-term borrowings, while a decrease of 8,434 million yen in accounts payable-other was recorded. Total net assets amounted to 121,164 million yen, a decrease of 1,769 million yen from the end of the previous fiscal year. This was largely due to net income attributable to owners of the parent of 18,578 million yen, offset by the purchase of treasury stock of 9,999 million yen and dividend payments of 8,944 million yen.
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As a result, the equity ratio as of June 30, 2026 was 63.2%, down 0.2 percentage points from the end of the previous fiscal year. (((((33333))))) FFFFFooooorrrrreeeeecccccaaaaasssssttttt fffffooooorrrrr ttttthhhhheeeee FFFFFiiiiissssscccccaaaaalllll YYYYYeeeeeaaaaarrrrr EEEEEnnnnndddddiiiiinnnnnggggg DDDDDeeeeeccccceeeeemmmmmbbbbbeeeeerrrrr 3333311111,,,,, 22222000002222266666 Forecast for the fiscal year ending December 31, 2026, disclosed on February 3,2026, has not been changed at this time.
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2. Consolidated Quarterly Financial Statements (1) Consolidated quarterly balance sheets (In millions of yen) Accounts As of Dec. 31, 2025 As of Jun. 30, 2026 Assets Current assets Cash and deposits 47,293 41,334 Notes and accounts receivable-trade 41,384 39,444 Electronically recorded monetary claims 1,229 1,367 Goods in transit 929 2,025 Merchandise and finished goods 21,321 26,736 Raw materials and supplies 186 268 Accounts receivable-other 9,404 9,435 Other 1,541 2,088 Allowance for doubtful accounts (173) (158) Total current assets 123,116 122,542 Noncurrent assets Property, plant and equipment Buildings, net 13,499 13,394 Machinery and equipment, net 12,288 12,159 Leased assets, net 1,464 662 Construction in progress 19,872 20,033 Other, net 7,834 7,891 Total property, plant and equipment 54,958 54,141 Intangible assets Software 6,983 7,126 Software in progress 559 385 Other 142 134 Total intangible assets 7,685 7,647 Investments and other assets Guarantee deposits 3,360 2,612 Other 4,244 4,184 Allowance for doubtful accounts (120) (102) Total investments and other assets 7,484 6,695 Total noncurrent assets 70,127 68,483 Total assets 193,243 191,025
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(In millions of yen) Accounts As of Dec. 31, 2025 As of Jun. 30, 2026 Liabilities Current liabilities Accounts payable-trade 25,018 26,587 Short-term borrowings 109 220 Lease obligations 877 240 Accounts payable-other 15,268 6,833 Income taxes payable 8,897 9,021 Provision for employees' bonuses 417 464 Other 2,968 2,128 Total current liabilities 53,558 45,497 Noncurrent liabilities Long-term borrowings 13,000 20,500 , Lease obligations 4 3 Net defined benefit liability 671 728 Asset retirement obligations 2,945 2,951 Other 130 180 Total noncurrent liabilities 16,751 24,363 Total liabilities 70,310 69,861 Net assets Shareholders' equity Capital stock 2,048 2,050 Capital surplus 256 － Retained earnings 120,746 123,443 Treasury stock (876) (4,942) Total shareholders' equity 122,174 120,551 Accumulated other comprehensive income Foreign currency translation adjustment 311 219 Remeasurements of defined benefit plans 19 9 Total accumulated other comprehensive income 330 229 Subscription rights to shares 16 12 Non-controlling interests 413 371 Total net assets 122,933 121,164 Total liabilities and net assets 193,243 191,025
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(2) Consolidated quarterly statements of (comprehensive) income (In millions of yen) Accounts Six months period ended Jun. 30, 2025 Six months period ended Jun. 30, 2026 Net sales 160,232 193,261 Cost of sales 112,748 135,700 Gross profit 47,483 57,561 Selling, general and administrative expenses 25,599 30,219 Operating income 21,883 27,342 Non-operating income Interest income 13 7 Foreign exchange gains － 16 Gain on sales of materials 24 27 Subsidy income 30 30 Other 66 52 Total non-operating income 134 132 Non-operating expenses Interest expenses 41 151 Loss on sales of electronically recorded monetary claims 30 39 Loss from equity method affiliates － 91 Foreign exchange losses 97 － Other 8 66 Total non-operating expenses 177 348 Ordinary income 21,840 27,125 Extraordinary income Gain on sales of fixed assets 0 0 Gain on change in equity － 8 Total extraordinary income 0 8 Extraordinary loss Loss on disposal of fixed assets 6 17 Total extraordinary losses 6 17 Income before income taxes 21,835 27,116 Income taxes 6,665 8,722 Net income 15,169 18,393 Net income attributable to: owners of the parent 15,417 18,578 non-controlling interests (247) (184) Other comprehensive income Foreign currency translation adjustment (214) (118) Remeasurements of defined benefit plans (10) (9) Total other comprehensive income (225) (128) Comprehensive income 14,944 18,265 Comprehensive income attributable to: owners of the parent 15,267 18,428 non-controlling interests (322) (163)
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(3)Consolidated statements of cash flows (In millions of yen) Accounts Six months period ended Jun. 30, 2025 Six months period ended Jun. 30, 2026 Net cash provided by (used in) operating activities Income before income taxes 21,835 27,116 Depreciation and amortization 3,514 3,101 Increase (decrease) in allowance for doubtful accounts (3) (33) Increase (decrease) in provision for employees' bonuses 26 44 Increase (decrease) in net defined benefit liability 64 61 Interest income (13) (7) Interest expenses 41 151 Loss (profit) from equity method affiliates － 91 Decrease (increase) in notes and accounts receivable-trade (3,924) 1,773 Decrease (increase) in inventories (1,820) (6,641) Decrease (increase) in accounts receivable-other (325) (39) Increase (decrease) in notes and accounts payable-trade 2,663 1,607 Increase (decrease) in accounts payable-other 398 (834) Increase (decrease) in accrued consumption taxes (926) (1,072) Gain on change in equity － (8) Other, net (1,037) (177) Subtotal 20,492 25,134 Interest income received 13 14 Interest expenses paid (35) (145) Income taxes paid (6,896) (8,567) Net cash provided by (used in) operating activities 13,574 16,436 Net cash provided by (used in) investment activities Payments into time deposits (467) (616) Proceeds from withdrawal of time deposits 352 290 Purchase of property, plant and equipment (9,166) (8,697) Purchase of intangible assets (2,915) (1,141) Payments for guarantee deposits (152) (39) Other, net (24) 74 Net cash provided by (used in) investment activities (12,373) (10,131) Net cash provided by (used in) financing activities Increase (decrease) in short-term borrowings 104 117 Proceeds from long-term borrowings 9,000 7,500 Repayments of long-term borrowings (208) － Proceeds from exercise of stock option － 0 Purchase of treasury stock (93) (9,999) Cash dividends paid (4,971) (8,943) Repayments of lease obligations (36) (54) Purchase of shares of subsidiaries not resulting in change in scope of consolidation － (1,206) Net cash provided by (used in) financing activities 3,794 (12,586) Effect of exchange rate changes on cash and cash equivalents (48) (4) Net increase (decrease) in cash and cash equivalents 4,945 (6,286) Cash and cash equivalents at beginning of period 30,370 46,995 Cash and cash equivalents at end of period 35,316 40,709