Mitsubishi Heavy Industries' R&D expenditure FY 2013-2022
In the fiscal year 2022, Mitsubishi Heavy Industries spent approximately 127.4 billion Japanese yen on research and development, increasing from roughly 113.6 billion yen in the previous year. Founded in 1884, Mitsubishi Heavy Industries is one of the leading engineering companies in Japan. MHI engages in power systems, infrastructure and industrial systems, as well as aerospace and defense.