In the fiscal year 2022, the Japanese steel producer Nippon Steel invested approximately 70.56 billion Japanese yen in research and development, up from about 66.43 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 2013 to 2022
(in billion Japanese yen)
fiscal years 2013 to 2022; 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 0.67 U.S. dollars or 0.61 euros as of March 2024. Figures have been rounded.
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Nippon Steel. (October 27, 2023). Research and development expenses of Nippon Steel Corporation from fiscal year 2013 to 2022 (in billion Japanese yen) [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/813808/nssmc-research-development-costs/
Nippon Steel. "Research and development expenses of Nippon Steel Corporation from fiscal year 2013 to 2022 (in billion Japanese yen)." Chart. October 27, 2023. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/813808/nssmc-research-development-costs/
Nippon Steel. (2023). Research and development expenses of Nippon Steel Corporation from fiscal year 2013 to 2022 (in billion Japanese yen). Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/813808/nssmc-research-development-costs/
Nippon Steel. "Research and Development Expenses of Nippon Steel Corporation from Fiscal Year 2013 to 2022 (in Billion Japanese Yen)." Statista, Statista Inc., 27 Oct 2023, https://www.statista.com/statistics/813808/nssmc-research-development-costs/
Nippon Steel, Research and development expenses of Nippon Steel Corporation from fiscal year 2013 to 2022 (in billion Japanese yen) Statista, https://www.statista.com/statistics/813808/nssmc-research-development-costs/ (last visited November 21, 2024)
Research and development expenses of Nippon Steel Corporation from fiscal year 2013 to 2022 (in billion Japanese yen) [Graph], Nippon Steel, October 27, 2023. [Online]. Available: https://www.statista.com/statistics/813808/nssmc-research-development-costs/
