Nareru Group (TSE:9163) Selling, General, & Admin. Expense: 円3,400 Mil (TTM As of Jul. 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:9163 Nareru Group Inc TSE:9163
56 GF Score
Price 円2,408.00
GF Value 円3,139.00
Valuation Modestly Undervalued
! 1 Warning Sign
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What is Nareru Group Selling, General, & Admin. Expense?

Nareru Group TSE:9163 +0.50% 56 Selling, General, & Admin. Expense is 円3,400 Mil as of Jul. 2026. GuruFocus rates TSE:9163 with a GF Score™ of 56/100 and a GF Value™ of 円3,139.00 (Modestly Undervalued). The stock has 1 warning sign investors should review.

Selling, general, & admin. expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. Nareru Group's selling, general, & admin. expense for the three months ended in Jul. 2026 was 円878 Mil. Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Jul. 2026 was 円3,400 Mil.


Nareru Group  (TSE:9163) 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.


Nareru Group Selling, General, & Admin. Expense Related Terms


Nareru Group Selling, General, & Admin. Expense Historical Data

* Premium members only.

The historical data trend for Nareru Group'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.

Nareru Group Selling, General, & Admin. Expense Chart

Nareru Group Annual Data
Trend Oct21 Oct22 Oct23 Oct24 Oct25
Selling, General, & Admin. Expense
1,681.00 1,987.57 2,465.70 2,584.61 3,084.50

Nareru Group Quarterly Data
Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26 Jul26
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 756.94 826.45 840.34 854.65 878.36

TSE:9163 vs PWR, FIX, EME: Selling, General, & Admin. Expense Comparison

For the Engineering & Construction subindustry, Nareru Group'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.


Nareru Group Selling, General, & Admin. Expense vs Construction Industry

For the Construction industry and Industrials sector, Nareru Group's Selling, General, & Admin. Expense distribution charts can be found below:

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


TSE:9163
56GF Score
Nareru Group Inc TSE:9163
Selling, General, & Admin. Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Nareru Group 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 Jul. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was 円3,400 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3,400 Mil mean?
Nareru Group (TSE:9163) has a Selling, General, & Admin. Expense of 円3,400 Mil as of Jul. 2026. Selling, general and admin expense is the total cost for direct, indirect, general and administrative activities. View historical data on Nareru Group and its competitors.
Is Nareru Group's Selling, General, & Admin. Expense too high?
Nareru Group's current Selling, General, & Admin. Expense is 円3,400 Mil. Overall, Nareru Group has a GF Score™ of 56/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Nareru Group's Selling, General, & Admin. Expense compare to PWR and FIX?
Nareru Group's Selling, General, & Admin. Expense of 円3,400 Mil can be compared against companies in the Construction 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 Construction company?
A good Selling, General, & Admin. Expense depends on the Construction 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 Nareru Group and its competitors. Nareru Group's current Selling, General, & Admin. Expense is 円3,400 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nareru Group stock overvalued right now?
Based on GuruFocus' analysis, Nareru Group (TSE:9163) is currently considered Modestly Undervalued. The stock's GF Value™ is 円3,139.00, compared to a current price of 円2,408.00 — trading 23.3% below its estimated fair value. The current Selling, General, & Admin. Expense is 円3,400 Mil. Nareru Group's overall GF Score™ is 56/100 with 1 warning sign 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 Nareru Group (TSE:9163), the current Selling, General, & Admin. Expense is 円3,400 Mil as of Jul. 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 Nareru Group (TSE:9163) Overvalued in 2026?

Based on GuruFocus' analysis, Nareru Group stock appears to be undervalued. The current stock price of 円2,408.00 is trading 23.3% below its estimated GF Value™ of 円3,139.00. GuruFocus considers Nareru Group to be Modestly Undervalued.

Key valuation signals for TSE:9163:

  • Selling, General, & Admin. Expense: 円3,400 Mil
  • GF Value™: 円3,139.00 vs. price of 円2,408.00 (23.3% below fair value)
  • GF Score™: 56/100 with 1 warning sign

No single metric tells the full story. See the TSE:9163 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nareru Group Business Description

Address 3-5 Nibancho, 3rd Floor, Kojimachi Mitsuha Building, Chiyoda-ku, Tokyo, JPN, 102-0084
Nareru Group Inc is engaged in the Dispatching service of construction engineers and computer engineers. The company provides services in the areas of architecture, civil engineering, air conditioning and sanitary, and electrical equipment.
56GF Score

Get the complete analysis for TSE:9163

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

円2,408.00
Price
円3,139.00
GF Value