Update date
31 Mar 2020
Shareable Research Card
This metric view shows TM - TOYOTA MOTOR CORP/ research and development expense history from SEC company facts.
Use it to verify the latest reported value, compare nearby periods, and jump to a cross-company ranking when a curated insight exists.
Based on company facts extracted from SEC 10-Q/10-K XBRL filings where available. Values may differ by reporting period and company taxonomy.
Return Loop
This metric history becomes more useful after the next quarterly or annual filing because the latest reported value, period, and company comparison context can all change.
Metric freshness comes from the latest SEC company fact available for this taxonomy tag and the paired company facts page.
Latest update
Latest reported research and development expense: ¥1,110,369,000,000. Open the source-backed page to compare this metric with the newest filing-backed context.
Update date
31 Mar 2020
Page type
Metric history
Latest period
2019
Institutional portfolio context was refreshed from a 13F filing filed on 13 May 2026.
Benchmark Context
TOYOTA MOTOR CORP/ sits in the top quarter of the current research and development expense sample.
Compared with
Compared with 7 companies reporting research and development expense in JPY. This keeps the comparison on the same metric and unit family.
Why this is notable
That is about 2164.5x the current visible midpoint. Research and Development Expense is up about 5.9% versus the comparable prior period.
Peer comparisons use the same metric and compatible units only. Latest reported periods may differ across companies, so open each company page before drawing conclusions.
Plain-English Guide
R&D expense is what the company reports spending on research and development during the period.
Why people care
It helps users understand how heavily the company is investing in future products, platforms, or technology.
How to read it
Compare R&D with revenue and operating income so you can see whether innovation spending is growing faster than the rest of the business.
Compare next
Compare it with revenue, operating income, and capex to understand the mix between current spending and long-term investment.
R&D intensity varies widely by industry, so peer comparisons are most useful when businesses are genuinely comparable.
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Financial Metric Page
Latest period: 2019. Period end: 31 Mar 2020. Units: JPY and USD. Frequency: annual.
The aggregate costs incurred (1) in a planned search or critical investigation aimed at discovery of new knowledge with the hope that such knowledge will be useful in developing a new product or service, a new process or technique, or in bringing about a significant improvement to an existing product or process; or (2) to translate research findings or other knowledge into a plan or design for a new product or process or for a significant improvement to an existing product or process whether intended for sale or the entity's use, during the reporting period charged to research and development projects, including the costs of developing computer software up to the point in time of achieving technological feasibility, and costs allocated in accounting for a business combination to in-process projects deemed to have no alternative future use.
Source: SEC Company Facts
Based on company facts extracted from SEC 10-Q/10-K XBRL filings where available. Reporting periods may differ by company.
Direct filing link is shown only when a matched SEC filing document is available for this metric context.
Compare latest available Research and Development Expense levels across SEC-reporting companies, then open each company metric page for SEC-backed verification. Reporting periods may differ by company.
TOYOTA MOTOR CORP/ appears at rank #1 in the latest comparison sample.
Which companies spend the most on R&D?
| Rank | Company | Latest value | Reported period | Next step |
|---|---|---|---|---|
| 1 | TOYOTA MOTOR CORP/ (tm) | ¥1,110,369,000,000 | Year - 31 Mar 2020 | Open TOYOTA MOTOR CORP/ Research and Development Expense |
| 2 | HONDA MOTOR CO LTD (hmc) | ¥634,130,000,000 | Year - 31 Mar 2014 | Open HONDA MOTOR CO LTD Research and Development Expense |
| 3 | Sony Group Corp (sony) | ¥525,175,000,000 | Year - 31 Mar 2021 | Open Sony Group Corp Research and Development Expense |
| 4 | PIXIE DUST TECHNOLOGIES, INC. | ¥512,997,000 | Year - 30 Apr 2024 | Open PIXIE DUST TECHNOLOGIES, INC. Research and Development Expense |
| 5 | Robot Consulting Co., Ltd. (lawr) | ¥86,158,000 | Year - 31 Mar 2025 | Open Robot Consulting Co., Ltd. Research and Development Expense |
| 6 | Perpetuals.com Ltd (pdc) | ¥43,252,205 | Year - 30 Apr 2025 | Open Perpetuals.com Ltd Research and Development Expense |
Compare periods with the same frequency first, then use YoY and TTM series to confirm whether changes are structural or one-off.
| Period | Value | YoY Chg | Change % | Start Date | End Date | Report | Filed | Fiscal Year | Fiscal Period |
|---|---|---|---|---|---|---|---|---|---|
| 2019 | ¥1,110,369,000,000 | +¥61,487,000,000 | +5.9% | 01 Apr 2019 | 31 Mar 2020 | 20-F | 24 Jun 2020 | 2020 | FY |
| 2018 | ¥1,048,882,000,000 | -¥15,387,000,000 | -1.4% | 01 Apr 2018 | 31 Mar 2019 | 20-F | 24 Jun 2020 | 2020 | FY |
| 2017 | ¥1,064,269,000,000 | +¥26,741,000,000 | +2.6% | 01 Apr 2017 | 31 Mar 2018 | 20-F | 24 Jun 2020 | 2020 | FY |
| 2016 | ¥1,037,528,000,000 | -¥18,144,000,000 | -1.7% | 01 Apr 2016 | 31 Mar 2017 | 20-F | 21 Jun 2019 | 2019 | FY |
| 2015 | ¥1,055,672,000,000 | +¥51,125,000,000 | +5.1% | 01 Apr 2015 | 31 Mar 2016 | 20-F | 25 Jun 2018 | 2018 | FY |
| 2014 | ¥1,004,547,000,000 | +¥94,030,000,000 | +10% | 01 Apr 2014 | 31 Mar 2015 | 20-F | 23 Jun 2017 | 2016 | FY |
| 2013 | ¥910,517,000,000 | +¥103,063,000,000 | +13% | 01 Apr 2013 | 31 Mar 2014 | 20-F | 24 Jun 2016 | 2015 | FY |
| 2012 | ¥807,454,000,000 | +¥27,648,000,000 | +3.5% | 31 Mar 2012 | 31 Mar 2013 | 20-F | 24 Jun 2013 | 2012 | FY |
| 2011 | ¥779,806,000,000 | +¥49,466,000,000 | +6.8% | 01 Apr 2011 | 31 Mar 2012 | 20-F | 24 Jun 2014 | 2013 | FY |
| 2010 | ¥730,340,000,000 | +¥4,995,000,000 | +0.69% | 31 Mar 2010 | 31 Mar 2011 | 20-F | 24 Jun 2013 | 2012 | FY |
| 2009 | ¥725,345,000,000 | 31 Mar 2009 | 31 Mar 2010 | 20-F | 25 Jun 2012 | 2011 | FY |
| Period | Value | YoY Chg | Change % | Start Date | End Date | Report | Filed | Fiscal Year | Fiscal Period |
|---|---|---|---|---|---|---|---|---|---|
| 2012 | $8,585,000,000 | -$903,000,000 | -9.5% | 31 Mar 2012 | 31 Mar 2013 | 20-F | 24 Jun 2013 | 2012 | FY |
| 2011 | $9,488,000,000 | +$705,000,000 | +8% | 01 Apr 2011 | 31 Mar 2012 | 20-F | 25 Jun 2012 | 2011 | FY |
| 2010 | $8,783,000,000 | 31 Mar 2010 | 31 Mar 2011 | 20-F/A | 20 Jul 2011 | 2010 | FY |