In the fiscal year ended March 31, 2024, the Japanese sanitary ware and bathroom accessories manufacturer Toto recorded research and development expenditures of around 23.12 billion Japanese yen.
Toto Ltd. is the global leader in toilet manufacturing and renowned for the development of a toilet seat with an integrated bidet known as washlet.
Research and development expenditure of Toto Ltd. from fiscal year 2014 to 2023
(in billion Japanese yen)
fiscal year 2014 to 2023; the company's fiscal year runs from April 1 of the stated year to March 31 of the following year
Supplementary notes
*Starting from FY 2017, the currency conversion method for overseas group companies' profit and loss was changed from the method using the rates on the last day of each term to the method using average rates during the term. In accordance with this change, the company revised the figured up to FY 2016 retroactively.
100 Japanese yen equal 0.68 U.S. dollars or 0.62 euros as of September 2024. Values have been rounded.
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Toto. (August 9, 2024). Research and development expenditure of Toto Ltd. from fiscal year 2014 to 2023 (in billion Japanese yen) [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/865512/toto-research-development-costs/
Toto. "Research and development expenditure of Toto Ltd. from fiscal year 2014 to 2023 (in billion Japanese yen)." Chart. August 9, 2024. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/865512/toto-research-development-costs/
Toto. (2024). Research and development expenditure of Toto Ltd. from fiscal year 2014 to 2023 (in billion Japanese yen). Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/865512/toto-research-development-costs/
Toto. "Research and Development Expenditure of Toto Ltd. from Fiscal Year 2014 to 2023 (in Billion Japanese Yen)." Statista, Statista Inc., 9 Aug 2024, https://www.statista.com/statistics/865512/toto-research-development-costs/
Toto, Research and development expenditure of Toto Ltd. from fiscal year 2014 to 2023 (in billion Japanese yen) Statista, https://www.statista.com/statistics/865512/toto-research-development-costs/ (last visited November 21, 2024)
Research and development expenditure of Toto Ltd. from fiscal year 2014 to 2023 (in billion Japanese yen) [Graph], Toto, August 9, 2024. [Online]. Available: https://www.statista.com/statistics/865512/toto-research-development-costs/
