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Adj. May Sales +28% YoY: High Growth Driven by Stockpiling Demand; Normalization From June (+15%): Special Demand Could Provide an Opportunity for Customer Retention-20260610
Morgan Stanley· 2026-06-10 18:08
MonotaRO(3064) | Japan June 10, 2026 09:04 AM GMT M Update Adj. May Sales +28% YoY: High Growth Driven by Stockpiling Demand; Normalization From June (+15%): Special Demand Could Provide an Opportunity for Customer Retention Sales to large enterprises (~35% of the total) +28-29% YoY: Stockpiling demand also boosted growth in sales to large enterprises, exceeding plan. Share price implications: Valuations low. Growth reflects special demand to some degree, but also presents opportunity for business expansion ...