Toto: R&D spending 2021

In the fiscal year ended March 31, 2022, the Japanese sanitary ware and bathroom accessories manufacturer Toto recorded research and development expenditures of around 24 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 2012 to 2021 (in billion Japanese yen)

Characteristic	R&D expenses in billion Japanese yen
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Release date

September 2022

More information

Region

Japan

Survey time period

fiscal year 2012 to 2021; 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 0.77 U.S. dollars or 0.71 euros as of February 2023.
Values have been rounded.

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