Toyota's R&D expenditure 2007-2018

Toyota's research and development (R&D) expenses from FY 2007 to FY 2018 (in million Japanese yen)

Toyota's R&D expenditure 2007-2018 The graph shows Toyota’s R&D costs from FY 2007 to FY 2018. Toyota incurred R&D costs of about 1.1 trillion Japanese yen in FY 2018. Japan-based Toyota Motor Corporation ranks among the largest automobile manufacturers in the world.
Toyota’s research and development expenses

Not only is the Toyota Motor Corporation Japan’s largest automotive manufacturer, it is also ranked as the number one carmaker worldwide in terms of automobile production. The company produces passenger vehicles, trucks and motorcycles under five brands, including the millennial-targeted brand Scion and the luxury brand Lexus.

Japan is the country with the highest public debt in relation to GDP. The weak yen resulting from Japan’s persistent recession has clearly helped Toyota export more vehicles: The Aichi-based carmaker exported a staggering 153,400 passenger cars in July 2014 alone. However, the company was hit hard by the 2008/2009 worldwide financial crisis, and its research and development expenses hit rock bottom in the fiscal year of 2010, only to finally reach pre-crisis levels in the fiscal year of 2014. In the long run, it is expected that Germany’s Volkswagen Group will overtake Toyota both in terms of R&D spending and production output. Volkswagen is currently the world’s second largest automotive manufacturer. In the fiscal year of 2017, VW invested more than 12.1 billion euros (or approximately 1.6 trillion Japanese yen) in research and development activities, making it one of the companies with the highest spending on research and development.
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Toyota's research and development (R&D) expenses from FY 2007 to FY 2018 (in million Japanese yen)

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Financial yearR&D spending in million Japanese yen
20181,064,200
20171,037,500
20161,055,600
20151,004,547
2014910,517
2013807,454
2012779,806
2011730,340
2010725,345
2009904,075
2008958,882
2007890,782
Financial yearR&D spending in million Japanese yen
20181,064,200
20171,037,500
20161,055,600
20151,004,547
2014910,517
2013807,454
2012779,806
2011730,340
2010725,345
2009904,075
2008958,882
2007890,782
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The graph shows Toyota’s R&D costs from FY 2007 to FY 2018. Toyota incurred R&D costs of about 1.1 trillion Japanese yen in FY 2018. Japan-based Toyota Motor Corporation ranks among the largest automobile manufacturers in the world.
Toyota’s research and development expenses

Not only is the Toyota Motor Corporation Japan’s largest automotive manufacturer, it is also ranked as the number one carmaker worldwide in terms of automobile production. The company produces passenger vehicles, trucks and motorcycles under five brands, including the millennial-targeted brand Scion and the luxury brand Lexus.

Japan is the country with the highest public debt in relation to GDP. The weak yen resulting from Japan’s persistent recession has clearly helped Toyota export more vehicles: The Aichi-based carmaker exported a staggering 153,400 passenger cars in July 2014 alone. However, the company was hit hard by the 2008/2009 worldwide financial crisis, and its research and development expenses hit rock bottom in the fiscal year of 2010, only to finally reach pre-crisis levels in the fiscal year of 2014. In the long run, it is expected that Germany’s Volkswagen Group will overtake Toyota both in terms of R&D spending and production output. Volkswagen is currently the world’s second largest automotive manufacturer. In the fiscal year of 2017, VW invested more than 12.1 billion euros (or approximately 1.6 trillion Japanese yen) in research and development activities, making it one of the companies with the highest spending on research and development.
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