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MonotaRO Co Ltd to Sell Shares of Subsidiary; Expects Extraordinary Profit for FY 2013


Wednesday, 23 Jan 2013 01:00am EST 

MonotaRO Co Ltd announced that it has decided to sell all 7,000 shares (70% stake) of a subsidiary, which is engaged in planning, purchase and sales of construction materials, to a Japan-based company, which is engaged in manufacturing and sales of construction materials and equipments, as well as related service, for JPY 210 million, on January 30, 2013. The Company expects JPY 137 million extraordinary profit on sale of shares of subsidiary for the fiscal year ending December 2013. 

Company Quote

2815.0
-7.0 -0.25%
22 Sep 2014