R&D Expenses

CAPEX

Depreciation

(Billion of yen)
| FY21 | FY22 | FY23 | FY24 | FY25 | |
|---|---|---|---|---|---|
| R&D Expenses (% of sales) |
28.5 7.3% |
30.5 6.7% |
32.4 6.0% |
32.1 5.7% |
33.0 5.5% |
| CAPEX (% of sales) |
21.7 5.6% |
22.2 4.9% |
27.4 5.1% |
33.1 5.9% |
32.2 5.3% |
| Depreciation (% of sales) |
17.9 4.6% |
19.7 4.3% |
22.6 4.2% |
22.9 4.1% |
25.0 4.1% |
*The Group's consolidated subsidiaries outside Japan have adopted IFRS 16 (Leases) from FY19.