- CEO
- Masaya Suzuki
- Full Time Employees
- 1,525
- Sector
- Consumer Cyclical
- Industry
- Specialty Retail
- Address
- Liber Building Amagasaki Japan 660-0876
- IPO Date
- Jan 29, 2015
- Business
- MonotaRO Co., Ltd. MonotaRO Co., Ltd. (MONOY) operates monotaro.com, a leading B2B e-commerce platform specializing in maintenance, repair, and operations (MRO) products for manufacturing, construction, automotive, agriculture, food service, medical, and other industrial sites; its core offerings encompass safety protective equipment, work clothes, safety shoes, hand tools, fasteners, machine tools, engine parts, factory consumables, logistics and packing supplies, tapes, disaster prevention items, lab supplies, office supplies, and private brand products under the MonotaRO label, with over 20 million items available through an advanced online catalog supported by full-text and vector search functionalities, procurement management systems like ONE SOURCE for large enterprises, and services such as MonotaRO Denki for electrical products and KANNA project management software. Founded in October 2000 in Osaka, Japan, with initial capital from Sumitomo Corporation and W.W. Grainger, Inc., the company is headquartered at JP Tower Osaka, 22F, 3-2-2 Umeda, Kita-ku, Osaka, and maintains a robust domestic logistics network including distribution centers in Amagasaki, Kasama, Inagawa, and Ibaraki Chuo, serving over 3,500 corporate clients and more than 1 million customers primarily in Japan while targeting small- to medium-sized enterprises alongside larger corporations. Geographically, MonotaRO extends operations internationally through wholly-owned and joint venture subsidiaries, including NAVIMRO Co., Ltd. in South Korea (established 2013), PT MONOTARO INDONESIA in Jakarta (2016), IB MONOTARO PRIVATE LIMITED in New Delhi, India (2020, with IndiaMART investment in 2022), and the newly founded MonotaRO TECHNOLOGIES INDIA PRIVATE LIMITED in Chennai (September 2025) for group system development; its major shareholder is Grainger Global Holdings, Inc. Recent developments include the relocation of headquarters to Osaka in 2023, launch of contactless and date-specific delivery services plus extended same-day shipping cutoffs in 2024, establishment of industry-academia collaborations, a business and capital alliance with Aldagram Inc. in 2022, announcement of a new JPY 40 billion distribution center in Mito City, Ibaraki Prefecture (completion scheduled for March 2026), introduction of estimated delivery date displays and Easy Order Customization service in 2025, strong sales growth with 111.9% year-on-year increase in May 2025 alongside 97,800 new customer accounts, and ongoing equity buyback programs including closure of a March 2025 tranche acquiring 32,700 shares for JPY 93.76 million.