In the fiscal year ended March 2022, the pneumatic control engineering company SMC Corporation invested around 23.46 billion Japanese yen in research and development, up from expenses of approximately 20.87 billion yen in the preceding fiscal year.
SMC Corporation specializes in control devices, such as directional control valves. The Japan-based company also produces pneumatic equipment, such as cylinders and air filters.
Research and development expenditure of SMC Corporation from fiscal year 2013 to 2022
(in billion Japanese yen)
Characteristic
R&D expenses in billion Japanese yen
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SMC. (September 30, 2022). Research and development expenditure of SMC Corporation from fiscal year 2013 to 2022 (in billion Japanese yen) [Graph]. In Statista. Retrieved July 27, 2024, from https://www.statista.com/statistics/1074697/smc-corporation-research-development-expenses/
SMC. "Research and development expenditure of SMC Corporation from fiscal year 2013 to 2022 (in billion Japanese yen)." Chart. September 30, 2022. Statista. Accessed July 27, 2024. https://www.statista.com/statistics/1074697/smc-corporation-research-development-expenses/
SMC. (2022). Research and development expenditure of SMC Corporation from fiscal year 2013 to 2022 (in billion Japanese yen). Statista. Statista Inc.. Accessed: July 27, 2024. https://www.statista.com/statistics/1074697/smc-corporation-research-development-expenses/
SMC. "Research and Development Expenditure of Smc Corporation from Fiscal Year 2013 to 2022 (in Billion Japanese Yen)." Statista, Statista Inc., 30 Sep 2022, https://www.statista.com/statistics/1074697/smc-corporation-research-development-expenses/
SMC, Research and development expenditure of SMC Corporation from fiscal year 2013 to 2022 (in billion Japanese yen) Statista, https://www.statista.com/statistics/1074697/smc-corporation-research-development-expenses/ (last visited July 27, 2024)
Research and development expenditure of SMC Corporation from fiscal year 2013 to 2022 (in billion Japanese yen) [Graph], SMC, September 30, 2022. [Online]. Available: https://www.statista.com/statistics/1074697/smc-corporation-research-development-expenses/