Research from Mita Securities, Mita Securities

Mita Securities

Mita Securities provides a full scale diversified investment banking and financial services. A comprehensive investment banking department, specializes in rights offerings advisory, take-over bids agents, M&A etc. Including a proprietary trading desk, and wealth management department that offers brokerage, custody, real estate, and full proxy services.

Research from Mita Securities

Equity Bottom-Up

<ul><li>Consolidated OP was 6.664bn yen (+10.9% YoY), and OPM was 12.2% (-0.9ppt YoY).</li><li>Progress toward the company’s 1H OP guidance of 11.702bn yen (-1.6% YoY) was 57%.</li><li>OP exceeded its 1Q target of 6.268bn yen by 396m yen</li></ul>

Consolidated OP was 6.664bn yen (+10.9% YoY), and OPM was 12.2% (-0.9ppt YoY).Progress toward the company’s 1H OP guidance of 11.702bn yen (-1.6% YoY) was 57%.OP exceeded its 1Q target of 6.268bn yen by 396m yen

MonotaRO (3064): Satisfactory 1Q Results; 2Q and Beyond Are More and More Important

MonotaRO Co Ltd

MonotaRO (3064): Satisfactory 1Q Results; 2Q and Beyond Are More and More Important