Monotaro's Q1 results surge despite construction cost increases

** Monotaro (TSE:3064) reported strong first quarter results for the fiscal year ending December 2025, showcasing a 14.4% year-over-year increase in sales to JPY79,106 million and a 19.2% rise in ordinary income to JPY10,714 million. Net income attributable to owners of the parent saw a 20.5% jump to JPY7,537 million. The surge in sales was attributed to the successful acquisition of new customers and the efficient management of expenses, particularly labor and outsourcing costs. The strong performance prompted the company to declare a dividend of JPY31.00 per share, reflecting its confidence in future profitability.