Grainger's MonotaRO Named To Forbes Asia "Best Under A Billion" List
CHICAGO, Dec. 13, 2013
CHICAGO, Dec. 13, 2013 /PRNewswire/ -- MonotaRO, a Japan-based leading
eCommerce direct marketer of maintenance, repair and operating (MRO) products,
and affiliate of Grainger(NYSE: GWW), recently was named to the Forbes Asia
"Best Under A Billion" list, which highlights 200 of the best small and
mid-sized publicly traded companies in Asia Pacific.
"Congratulations to our MonotaRO team members," said DG Macpherson, Senior
Vice President and Group President, Global Supply Chain and International with
Grainger. "MonotaRO and Grainger share the same commitment to providing
customers the products they need, when they need them. This is at the core of
everything we do, and it starts with customer service. We are very proud of
MonotaRO, and delighted they are a part of our team."
MonotaRO offers more than 5 million products to help organizations operate and
maintain their facilities. The company serves more than 1 million customers,
with a focus on small and mid-sized organizations, across a full range of
industries. More than 80 percent of MonotoRO's transactions are conducted
"We are honored to receive this distinction," said Kinya Seto, Senior Vice
President, responsible for Grainger's single-channel online business. "The
combination of a strong team dedicated to service, along with a superior
online experience, helps us earn the loyalty of thousands of new customers
To qualify for the Forbes Asia "Best Under A Billion" list, companies must
have revenue between $5 million and $1 billion, positive net income and be
publicly traded for at least a year. Forbes draws from a universe of 15,000
companies that are screened on sales growth, earnings growth and return on
equity. The result is a final list featuring 200 exceptional small and
mid-sized companies from Asia Pacific.
Grainger is a 52 percent stakeholder in MonotaRO Co. Ltd. With more than $57
billion in MRO potential in Japan, Grainger is focused on growing its presence
through the single-channel business model it operates.
W.W. Grainger, Inc., with 2012 sales of $9 billion, is North America's leading
broad line supplier of maintenance, repair and operating products, with
expanding global operations. For more information about the company, visit
SOURCE W.W. Grainger, Inc.
Contact: Joe Micucci, Director, Media Relations, 847-535-0879
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