In the fiscal year ended March 31, 2023, the Japanese sanitary ware and bathroom accessories manufacturer Toto recorded research and development expenditures of around 21.5 billion Japanese yen.
Toto Ltd. is the global leader in toilet manufacturing and renowned for the development of a toilet seat with an integrated bidet known as washlet.
Research and development expenditure of Toto Ltd. from fiscal year 2013 to 2022
(in billion Japanese yen)
Characteristic
R&D expenses in billion Japanese yen
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fiscal year 2013 to 2022; the company's fiscal year runs from April 1 of the stated year to March 31 of the following year
Supplementary notes
*Starting from FY 2017, the currency conversion method for overseas group companies' profit and loss was changed from the method using the rates on the last day of each term to the method using average rates during the term. In accordance with this change, the company revised the figured up to FY 2016 retroactively.
100 Japanese yen equal 0.67 U.S. dollars or 0.63 euros as of October 2023.
Values have been rounded.
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Toto. (June 28, 2023). Research and development expenditure of Toto Ltd. from fiscal year 2013 to 2022 (in billion Japanese yen) [Graph]. In Statista. Retrieved September 01, 2024, from https://www.statista.com/statistics/865512/toto-research-development-costs/
Toto. "Research and development expenditure of Toto Ltd. from fiscal year 2013 to 2022 (in billion Japanese yen)." Chart. June 28, 2023. Statista. Accessed September 01, 2024. https://www.statista.com/statistics/865512/toto-research-development-costs/
Toto. (2023). Research and development expenditure of Toto Ltd. from fiscal year 2013 to 2022 (in billion Japanese yen). Statista. Statista Inc.. Accessed: September 01, 2024. https://www.statista.com/statistics/865512/toto-research-development-costs/
Toto. "Research and Development Expenditure of Toto Ltd. from Fiscal Year 2013 to 2022 (in Billion Japanese Yen)." Statista, Statista Inc., 28 Jun 2023, https://www.statista.com/statistics/865512/toto-research-development-costs/
Toto, Research and development expenditure of Toto Ltd. from fiscal year 2013 to 2022 (in billion Japanese yen) Statista, https://www.statista.com/statistics/865512/toto-research-development-costs/ (last visited September 01, 2024)
Research and development expenditure of Toto Ltd. from fiscal year 2013 to 2022 (in billion Japanese yen) [Graph], Toto, June 28, 2023. [Online]. Available: https://www.statista.com/statistics/865512/toto-research-development-costs/