4401.T4401.TJPX
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SG&A Expense Growth Under PressureDecelerating
Percentile Rank46
3Y CAGR-10.4%
5Y CAGR-16.1%
Year-over-Year Change

Year-over-year SG&A expense growth

3Y CAGR
-10.4%/yr
vs -31.9%/yr prior
5Y CAGR
-16.1%/yr
Recent acceleration
Acceleration
+21.5pp
Accelerating
Percentile
P46
Within normal range
vs 5Y Ago
0.4x
Contraction
Streak
1 qtr
Consecutive declineDecelerating
PeriodValue
Q4 20251.86%
Q3 20253.45%
Q2 2025-9.79%
Q1 20258.67%
Q4 20242.05%
Q3 20241.45%
Q2 202421.55%
Q1 20249.66%
Q4 20234.46%
Q3 20230.83%
Q2 2023-1.50%
Q1 2023-0.93%
Q4 20222.59%
Q3 2022-20.72%
Q2 202285.05%
Q1 2022-44.99%
Q4 20213.74%
Q3 202138.46%
Q2 2021-18.47%
Q1 2021-5.54%
Q4 20204.48%
Q3 20204.32%
Q2 2020102.28%
Q1 2020-54.11%
Q4 2019-7.13%
Q3 20199.01%
Q2 201981.04%
Q1 2019-45.93%
Q4 201842.71%
Q3 20187.13%
Q2 2018171.41%
Q1 2018-63.22%
Q4 20173.51%
Q3 20171.16%
Q2 2017161.10%
Q1 2017-60.64%
Q4 20160.11%
Q3 20161.03%
Q2 2016147.62%
Q1 2016-58.56%