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Selling, general, & admin. expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. Japan Real Estate Investment's selling, general, & admin. expense for the
six
months ended in Mar. 2026 was 円2,386 Mil.
Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Mar. 2026 was 円4,559 Mil.
Japan Real Estate Investment (TSE:8952) 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.
Japan Real Estate Investment Selling, General, & Admin. Expense Related Terms
Japan Real Estate Investment Selling, General, & Admin. Expense Historical Data
* Premium members only.
The historical data trend for Japan Real Estate Investment'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.
Japan Real Estate Investment Selling, General, & Admin. Expense Chart
TSE:8952 vs BXP, ARE, VNO: Selling, General, & Admin. Expense Comparison
For the REIT - Office subindustry, Japan Real Estate Investment'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.
Japan Real Estate Investment Selling, General, & Admin. Expense vs REITs Industry
For the REITs industry and Real Estate sector, Japan Real Estate Investment's Selling, General, & Admin. Expense distribution charts can be found below:
* The bar in red indicates where Japan Real Estate Investment's Selling, General, & Admin. Expense falls into.
Japan Real Estate Investment 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 Mar. 2026 adds up the semi-annually data reported by the company within the most recent 12 months, which was 円4,559 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4,559 Mil mean?
Japan Real Estate Investment (TSE:8952) has a Selling, General, & Admin. Expense of 円4,559 Mil as of Mar. 2026. Selling, general and admin expense is the total cost for direct, indirect, general and administrative activities. View historical data on Japan Real Estate Investment and its competitors.
Is Japan Real Estate Investment's Selling, General, & Admin. Expense too high?
Japan Real Estate Investment's current Selling, General, & Admin. Expense is 円4,559 Mil. Overall, Japan Real Estate Investment has a GF Score™ of 67/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Japan Real Estate Investment's Selling, General, & Admin. Expense compare to BXP and ARE?
Japan Real Estate Investment's Selling, General, & Admin. Expense of 円4,559 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 Japan Real Estate Investment and its competitors. Japan Real Estate Investment's current Selling, General, & Admin. Expense is 円4,559 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Japan Real Estate Investment stock overvalued right now?
Based on GuruFocus' analysis, Japan Real Estate Investment (TSE:8952) is currently considered Fairly Valued. The stock's GF Value™ is 円107,919.49, compared to a current price of 円118,500.00 — trading 9.8% above its estimated fair value. The current Selling, General, & Admin. Expense is 円4,559 Mil. Japan Real Estate Investment's overall GF Score™ is 67/100 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 Japan Real Estate Investment (TSE:8952), the current Selling, General, & Admin. Expense is 円4,559 Mil as of Mar. 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 Japan Real Estate Investment (TSE:8952) Overvalued in 2026?
Based on GuruFocus' analysis, Japan Real Estate Investment stock appears to be overvalued.
The current stock price of 円118,500.00 is trading 9.8% above its estimated GF Value™ of 円107,919.49.
GuruFocus considers Japan Real Estate Investment to be Fairly Valued.
Key valuation signals for TSE:8952:
Selling, General, & Admin. Expense: 円4,559 Mil
GF Value™: 円107,919.49 vs. price of 円118,500.00 (9.8% above fair value)
No single metric tells the full story. See the TSE:8952 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Japan Real Estate Investment Corp, or J-REIT, is a Japanese real estate investment trust that invests in, owns, and leases office properties. The vast majority of the company's real estate portfolio is located within Tokyo's 23 wards and the Tokyo metropolitan area in terms of total value. Within this area, J-REIT's offices reside within the Tokyo central business district. The company derives nearly all of its income in the form of rental revenue from the leasing of its office properties. While J-REIT tenants hail from a diverse assortment of industries, firms from the service, information services, electric devices, and financial services industries are its customers.
67GF Score
Get the complete analysis for TSE:8952
Selling, General, & Admin. Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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