Nitto Denko (TSE:6988) Selling, General, & Admin. Expense: 円158,745 Mil (TTM As of Jun. 2026)

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Director of Data and Quant Analytics at GuruFocus
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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TSE:6988 Nitto Denko Corp TSE:6988
87 GF Score
Price 円3,439.00
GF Value 円3,136.21
Valuation Fairly Valued
! 2 Warning Signs
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What is Nitto Denko Selling, General, & Admin. Expense?

Nitto Denko TSE:6988 +2.38% 87 Selling, General, & Admin. Expense is 円158,745 Mil as of Jun. 2026. GuruFocus rates TSE:6988 with a GF Score™ of 87/100 and a GF Value™ of 円3,136.21 (Fairly Valued). The stock has 2 warning signs investors should review.

Selling, general, & admin. expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. Nitto Denko's selling, general, & admin. expense for the three months ended in Jun. 2026 was 円39,502 Mil. Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Jun. 2026 was 円158,745 Mil.


Nitto Denko  (TSE:6988) 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.


Nitto Denko Selling, General, & Admin. Expense Related Terms


Nitto Denko Selling, General, & Admin. Expense Historical Data

* Premium members only.

The historical data trend for Nitto Denko'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.

Nitto Denko Selling, General, & Admin. Expense Chart

Nitto Denko Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Selling, General, & Admin. Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 129,625.00 145,436.00 146,143.00 151,835.00 156,322.00

Nitto Denko Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Selling, General, & Admin. Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 37,079.00 38,272.00 41,903.00 39,068.00 39,502.00

TSE:6988 vs LIN, SHW, ECL: Selling, General, & Admin. Expense Comparison

For the Specialty Chemicals subindustry, Nitto Denko'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.


Nitto Denko Selling, General, & Admin. Expense vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Nitto Denko's Selling, General, & Admin. Expense distribution charts can be found below:

* The bar in red indicates where Nitto Denko's Selling, General, & Admin. Expense falls into.


TSE:6988
87GF Score
Nitto Denko Corp TSE:6988
Selling, General, & Admin. Expense is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nitto Denko 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 Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was 円158,745 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158,745 Mil mean?
Nitto Denko (TSE:6988) has a Selling, General, & Admin. Expense of 円158,745 Mil as of Jun. 2026. Selling, general and admin expense is the total cost for direct, indirect, general and administrative activities. View historical data on Nitto Denko and its competitors.
Is Nitto Denko's Selling, General, & Admin. Expense too high?
Nitto Denko's current Selling, General, & Admin. Expense is 円158,745 Mil. Overall, Nitto Denko has a GF Score™ of 87/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Nitto Denko's Selling, General, & Admin. Expense compare to LIN and SHW?
Nitto Denko's Selling, General, & Admin. Expense of 円158,745 Mil can be compared against companies in the Chemicals 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 Chemicals company?
A good Selling, General, & Admin. Expense depends on the Chemicals 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 Nitto Denko and its competitors. Nitto Denko's current Selling, General, & Admin. Expense is 円158,745 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nitto Denko stock overvalued right now?
Based on GuruFocus' analysis, Nitto Denko (TSE:6988) is currently considered Fairly Valued. The stock's GF Value™ is 円3,136.21, compared to a current price of 円3,439.00 — trading 9.7% above its estimated fair value. The current Selling, General, & Admin. Expense is 円158,745 Mil. Nitto Denko's overall GF Score™ is 87/100 with 2 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 Nitto Denko (TSE:6988), the current Selling, General, & Admin. Expense is 円158,745 Mil as of Jun. 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 Nitto Denko (TSE:6988) Overvalued in 2026?

Based on GuruFocus' analysis, Nitto Denko stock appears to be overvalued. The current stock price of 円3,439.00 is trading 9.7% above its estimated GF Value™ of 円3,136.21. GuruFocus considers Nitto Denko to be Fairly Valued.

Key valuation signals for TSE:6988:

  • Selling, General, & Admin. Expense: 円158,745 Mil
  • GF Value™: 円3,136.21 vs. price of 円3,439.00 (9.7% above fair value)
  • GF Score™: 87/100 with 2 warning signs

No single metric tells the full story. See the TSE:6988 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nitto Denko Business Description

Address 4-20 Ofukacho, 33rd Floor, Tower A, Grand Front Osaka, Kita-ku, Osaka, JPN, 530-0011
Nitto Denko is a manufacturer of advanced materials for niche industry applications. Its three segments are industrial tape (35% of revenue), optical films (55%), and materials used in health science (10%). Its advanced materials are used in manufacturing with main customers being suppliers to original equipment manufacturers in the computer, smartphone, and automobile industries. The company has more than 15,000 products. Most revenue is from Asia/Oceania (60%), followed by Japan (20%). The remainder is roughly equally split between Americas and Europe, each representing about 10% of revenue.
87GF Score

Get the complete analysis for TSE:6988

Selling, General, & Admin. Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

円3,439.00
Price
円3,136.21
GF Value