SMC Corporation's R&D spending FY 2010-2017

The pneumatic control engineering company SMC Corporation invested over 20 billion Japanese yen in research and development during the fiscal year 2017, up from expenses of approximately 14 billion yen in fiscal 2010.
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 2010 to 2017

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Source

Release date

August 2018

Region

Japan

Survey time period

fiscal years 2010 to 2017; fiscal years run from April 1 of the stated year to March 31 of the following year

Special properties

including consolidated subsidiaries

Supplementary notes

1 Japanese yen equals 0.00926 U.S. dollars or 0.00830 euros as of November 2019.
Values have been rounded.

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