NGK Spark Plug's R&D expenses FY 2014-2023

Published by
Alexandru Arba,
Dec 3, 2024

In the fiscal year 2023, the research and development expenditure of NGK Spark Plug amounted to approximately 27.85 billion Japanese yen.

Nagoya-headquartered NGK Spark Plug Co., Ltd. was founded in 1936; today, the Japanese company is a global automotive industry supplier.

Total research and development (R&D) expenditure of NGK Spark Plug Co., Ltd. from fiscal year 2014 to 2023 (in billion Japanese yen)

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Release date

October 2024

Region

Worldwide, Japan

Survey time period

fiscal years 2014 to 2023; the company's fiscal years start on April 1 of the stated year and end on March 31 of the following year

Supplementary notes

As of FY 2019, the company adopted the IFRS accounting standard, discontinuing the Japanese GAAP.

100 Japanese yen equal 0.67 U.S. dollars or 0.63 euros as of December 2024.
Values have been rounded.

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