Flash | MonotaRO (3064.T) May sales somewhat negative – drop-out of one-off Middle East demand apparent since late May CITI'S TAKE May parent sales were ¥28.8bn (+15.5% YoY, average daily sales by business day +28.4%), missing our forecast of ¥29.9bn. The daily growth rate decelerated slightly versus last month (+30.9%). MonotaRO commented that May's outperformance versus plan was between 5-10%. Most of the plan outperformance came from increased sales of petroleum-derived products affected by the Middle Ea ...