R&D Expenses
CAPEX
Depreciation
(Billion of yen , %)
| 2017 | 2018 | 2019 | 2020 | 2021 | |
|---|---|---|---|---|---|
| R&D Expenses (% of sales) |
26.6 6.5% |
26.2 6.5% |
27.6 6.8% |
27.5 7.3% |
28.5 7.3% |
| CAPEX (% of sales) |
13.2 3.3% |
15.0 3.7% |
19.6 4.9% |
20.6 5.5% |
21.7 5.6% |
| Depreciation (% of sales) |
18.3 4.5% |
17.7 4.4% |
18.8 4.6% |
17.6 4.7% |
17.9 4.6% |
*The Group's consolidated subsidiaries outside Japan have adopted IFRS 16 (Leases) from FY19.