R&D Expenses, Depreciation, and CAPEX
R&D Expenses
CAPEX
Depreciation
(Billion of yen , %)
| 2015 | 2016 | 2017 | 2018 | 2019 | |
|---|---|---|---|---|---|
| R&D Expenses (% of sales) |
25.3 6.1% |
27.1 6.9% |
26.6 6.5% |
26.2 6.5% |
27.6 6.8% |
| CAPEX (% of sales) |
15.4 3.7% |
14.2 3.6% |
13.2 3.3% |
15.0 3.7% |
*19.6 4.9% |
| Depreciation (% of sales) |
15.1 3.6% |
18.0 4.6% |
18.3 4.5% |
17.7 4.4% |
18.8 4.6% |
*The Group's consolidated subsidiaries outside Japan have adopted IFRS 16 (Leases) from FY19.