In the fiscal year 2023, the Japanese steel producer Nippon Steel invested approximately 72.74 billion Japanese yen in research and development, up from about 70.56 billion yen in the preceding fiscal year. The predecessor of Tokyo-headquartered Nippon Steel Corporation was established in 1950; today, the group is among the leading steel producers in the world.
Research and development expenses of Nippon Steel Corporation from fiscal year 2014 to 2023
(in billion Japanese yen)
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 April 2019, the trade name changed to Nippon Steel Corporation. *From fiscal year 2018 onwards, figures follow the IFRS, while figures for fiscal year 2017 and before were calculated based on JGAAP standards.
100 Japanese yen equal 0.65 U.S. dollars or 0.6 euros as of November 2024. Values have been rounded.
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Nippon Steel. (October 25, 2024). Research and development expenses of Nippon Steel Corporation from fiscal year 2014 to 2023 (in billion Japanese yen) [Graph]. In Statista. Retrieved March 13, 2025, from https://www.statista.com/statistics/813808/nssmc-research-development-costs/
Nippon Steel. "Research and development expenses of Nippon Steel Corporation from fiscal year 2014 to 2023 (in billion Japanese yen)." Chart. October 25, 2024. Statista. Accessed March 13, 2025. https://www.statista.com/statistics/813808/nssmc-research-development-costs/
Nippon Steel. (2024). Research and development expenses of Nippon Steel Corporation from fiscal year 2014 to 2023 (in billion Japanese yen). Statista. Statista Inc.. Accessed: March 13, 2025. https://www.statista.com/statistics/813808/nssmc-research-development-costs/
Nippon Steel. "Research and Development Expenses of Nippon Steel Corporation from Fiscal Year 2014 to 2023 (in Billion Japanese Yen)." Statista, Statista Inc., 25 Oct 2024, https://www.statista.com/statistics/813808/nssmc-research-development-costs/
Nippon Steel, Research and development expenses of Nippon Steel Corporation from fiscal year 2014 to 2023 (in billion Japanese yen) Statista, https://www.statista.com/statistics/813808/nssmc-research-development-costs/ (last visited March 13, 2025)
Research and development expenses of Nippon Steel Corporation from fiscal year 2014 to 2023 (in billion Japanese yen) [Graph], Nippon Steel, October 25, 2024. [Online]. Available: https://www.statista.com/statistics/813808/nssmc-research-development-costs/
