Mitsui Fudosan Retail Fund Investment (TSE:8964) Selling, General, & Admin. Expense: 円1,294 Mil (TTM As of Dec. 2025)

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Director of Data and Quant Analytics at GuruFocus
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TSE:8964 Mitsui Fudosan Retail Fund Investment Corp TSE:8964
56 GF Score
Price 円80,400.00
GF Value 円90,291.02
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Mitsui Fudosan Retail Fund Investment Selling, General, & Admin. Expense?

Mitsui Fudosan Retail Fund Investment TSE:8964 +0.63% 56 Selling, General, & Admin. Expense is 円1,294 Mil as of Dec. 2025. GuruFocus rates TSE:8964 with a GF Score™ of 56/100 and a GF Value™ of 円90,291.02 (Modestly Undervalued). The stock has 5 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. Mitsui Fudosan Retail Fund Investment's selling, general, & admin. expense for the six months ended in Dec. 2025 was 円657 Mil. Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Dec. 2025 was 円1,294 Mil.


Mitsui Fudosan Retail Fund Investment  (TSE:8964) 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.


Mitsui Fudosan Retail Fund Investment Selling, General, & Admin. Expense Related Terms


Mitsui Fudosan Retail Fund Investment Selling, General, & Admin. Expense Historical Data

* Premium members only.

The historical data trend for Mitsui Fudosan Retail Fund 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.

Mitsui Fudosan Retail Fund Investment Selling, General, & Admin. Expense Chart

Mitsui Fudosan Retail Fund Investment Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Selling, General, & Admin. Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,199.07 1,267.08 1,251.57 1,303.41 1,293.83

Mitsui Fudosan Retail Fund Investment Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 623.57 651.20 652.21 636.35 657.48

TSE:8964 vs SPG, O, KIM: Selling, General, & Admin. Expense Comparison

For the REIT - Retail subindustry, Mitsui Fudosan Retail Fund 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.


Mitsui Fudosan Retail Fund Investment Selling, General, & Admin. Expense vs REITs Industry

For the REITs industry and Real Estate sector, Mitsui Fudosan Retail Fund Investment's Selling, General, & Admin. Expense distribution charts can be found below:

* The bar in red indicates where Mitsui Fudosan Retail Fund Investment's Selling, General, & Admin. Expense falls into.


TSE:8964
56GF Score
Mitsui Fudosan Retail Fund Investment Corp TSE:8964
Selling, General, & Admin. Expense is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mitsui Fudosan Retail Fund 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 Dec. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was 円1,294 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1,294 Mil mean?
Mitsui Fudosan Retail Fund Investment (TSE:8964) has a Selling, General, & Admin. Expense of 円1,294 Mil as of Dec. 2025. Selling, general and admin expense is the total cost for direct, indirect, general and administrative activities. View historical data on Mitsui Fudosan Retail Fund Investment and its competitors.
Is Mitsui Fudosan Retail Fund Investment's Selling, General, & Admin. Expense too high?
Mitsui Fudosan Retail Fund Investment's current Selling, General, & Admin. Expense is 円1,294 Mil. Overall, Mitsui Fudosan Retail Fund Investment has a GF Score™ of 56/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Mitsui Fudosan Retail Fund Investment's Selling, General, & Admin. Expense compare to SPG and O?
Mitsui Fudosan Retail Fund Investment's Selling, General, & Admin. Expense of 円1,294 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 Mitsui Fudosan Retail Fund Investment and its competitors. Mitsui Fudosan Retail Fund Investment's current Selling, General, & Admin. Expense is 円1,294 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mitsui Fudosan Retail Fund Investment stock overvalued right now?
Based on GuruFocus' analysis, Mitsui Fudosan Retail Fund Investment (TSE:8964) is currently considered Modestly Undervalued. The stock's GF Value™ is 円90,291.02, compared to a current price of 円80,400.00 — trading 11% below its estimated fair value. The current Selling, General, & Admin. Expense is 円1,294 Mil. Mitsui Fudosan Retail Fund Investment's overall GF Score™ is 56/100 with 5 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 Mitsui Fudosan Retail Fund Investment (TSE:8964), the current Selling, General, & Admin. Expense is 円1,294 Mil as of Dec. 2025. 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 Mitsui Fudosan Retail Fund Investment (TSE:8964) Overvalued in 2026?

Based on GuruFocus' analysis, Mitsui Fudosan Retail Fund Investment stock appears to be undervalued. The current stock price of 円80,400.00 is trading 11% below its estimated GF Value™ of 円90,291.02. GuruFocus considers Mitsui Fudosan Retail Fund Investment to be Modestly Undervalued.

Key valuation signals for TSE:8964:

  • Selling, General, & Admin. Expense: 円1,294 Mil
  • GF Value™: 円90,291.02 vs. price of 円80,400.00 (11% below fair value)
  • GF Score™: 56/100 with 5 warning signs

No single metric tells the full story. See the TSE:8964 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Mitsui Fudosan Retail Fund Investment Business Description

Industry Real EstateREITs
Address Kojun Building, 6th Floor, 6-8-7 Ginza, Chuo-ku, Tokyo, JPN, 104-0061
Frontier Real Estate Investment Corp is a real estate investment trust specializing in retail facilities. The company mainly invests in commercial buildings in the metropolitan area and local cities. The company aims at stable earnings and steady asset growth from midterm to long-term perspectives. Its property portfolio consists of AEON Shinagawa Seaside Shopping Center, AEON MALL Ibaraki, Papillon Plaza, Kamiikedai Tokyu Store, and Belltown Tambaguchi Eki-mae Store, among others.
56GF Score

Get the complete analysis for TSE:8964

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

円80,400.00
Price
円90,291.02
GF Value