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Selling, general, & admin. expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. Nippon Prologis REIT's selling, general, & admin. expense for the
six
months ended in May. 2026 was 円2,700 Mil.
Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in May. 2026 was 円5,439 Mil.
Nippon Prologis REIT (TSE:3283) Selling, General, & Admin. Expense Explanation
An efficient operation keeps SGA costs low and thus has higher profit margin. The percentage of SGA relative to total revenue is an indication of how efficiently the company operates. Compare this percentage among the companies in the same industry is a good way of finding more efficient operations. A comparison of the SGA cost relative to the revenue with the historical value can also be an indication of how efficient the company has become.
Warren Buffett likes companies with consistent SGA as the percentage of gross profit.
Companies with no durable competitive advantage show wild variation in SG&A as % of Gross Profit.
If SGA is less than 30% of Gross Profit, it is fantastic. If SGA is nearing 100%, it is is in highly competitive industry.
Nippon Prologis REIT Selling, General, & Admin. Expense Related Terms
Nippon Prologis REIT Selling, General, & Admin. Expense Historical Data
* Premium members only.
The historical data trend for Nippon Prologis REIT's Selling, General, & Admin. Expense can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Nippon Prologis REIT Selling, General, & Admin. Expense Chart
TSE:3283 vs PLD, PSA, EXR: Selling, General, & Admin. Expense Comparison
For the REIT - Industrial subindustry, Nippon Prologis REIT's Selling, General, & Admin. Expense, along with its competitors' market caps and Selling, General, & Admin. Expense data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Nippon Prologis REIT Selling, General, & Admin. Expense vs REITs Industry
For the REITs industry and Real Estate sector, Nippon Prologis REIT's Selling, General, & Admin. Expense distribution charts can be found below:
* The bar in red indicates where Nippon Prologis REIT's Selling, General, & Admin. Expense falls into.
Nippon Prologis REIT Selling, General, & Admin. Expense Calculation
Selling, General, & Admin. Expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. For instance, personnel cost, advertising, rent, communication costs are all part of SGA.
Selling, General, & Admin. Expense for the trailing twelve months (TTM) ended in May. 2026 adds up the semi-annually data reported by the company within the most recent 12 months, which was 円5,439 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
What does a Selling, General, & Admin. Expense of 円5,439 Mil mean?
Nippon Prologis REIT (TSE:3283) has a Selling, General, & Admin. Expense of 円5,439 Mil as of May. 2026. Selling, general and admin expense is the total cost for direct, indirect, general and administrative activities. View historical data on Nippon Prologis REIT and its competitors.
Is Nippon Prologis REIT's Selling, General, & Admin. Expense too high?
Nippon Prologis REIT's current Selling, General, & Admin. Expense is 円5,439 Mil. Overall, Nippon Prologis REIT has a GF Score™ of 73/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Nippon Prologis REIT's Selling, General, & Admin. Expense compare to PLD and PSA?
Nippon Prologis REIT's Selling, General, & Admin. Expense of 円5,439 Mil can be compared against companies in the REITs industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Selling, General, & Admin. Expense for a REITs company?
A good Selling, General, & Admin. Expense depends on the REITs industry context. However, Selling, General, & Admin. Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Selling, General, & Admin. Expense mean?
A high Selling, General, & Admin. Expense can signal that a stock is expensive relative to its fundamentals. Selling, general and admin expense is the total cost for direct, indirect, general and administrative activities. View historical data on Nippon Prologis REIT and its competitors. Nippon Prologis REIT's current Selling, General, & Admin. Expense is 円5,439 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nippon Prologis REIT stock overvalued right now?
Based on GuruFocus' analysis, Nippon Prologis REIT (TSE:3283) is currently considered Fairly Valued. The stock's GF Value™ is 円95,433.40, compared to a current price of 円87,600.00 — trading 8.2% below its estimated fair value. The current Selling, General, & Admin. Expense is 円5,439 Mil. Nippon Prologis REIT's overall GF Score™ is 73/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Selling, General, & Admin. Expense calculated?
Selling, General, & Admin. Expense is calculated from a company's financial statements. For Nippon Prologis REIT (TSE:3283), the current Selling, General, & Admin. Expense is 円5,439 Mil as of May. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Nippon Prologis REIT (TSE:3283) Overvalued in 2026?
Based on GuruFocus' analysis, Nippon Prologis REIT stock appears to be undervalued.
The current stock price of 円87,600.00 is trading 8.2% below its estimated GF Value™ of 円95,433.40.
GuruFocus considers Nippon Prologis REIT to be Fairly Valued.
Key valuation signals for TSE:3283:
Selling, General, & Admin. Expense: 円5,439 Mil
GF Value™: 円95,433.40 vs. price of 円87,600.00 (8.2% below fair value)
No single metric tells the full story. See the TSE:3283 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nippon Prologis REIT Inc is focused on logistics facilities in Japan. Its investment objective is to maximize unit holder value through a portfolio that generates stable income and achieves steady growth. It invests in high quality Class-A logistics facilities, owning and operating them for medium- to long-term purposes.
73GF Score
Get the complete analysis for TSE:3283
Selling, General, & Admin. Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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