Finances

Changes in R&D Expenditures

Based on the fundamental principles of dedicating our business to providing clean and safe products and enhancing the quality of life of people everywhere through all our activities, as well as pursuing advanced technological development in a wide range of fields, we pledge to provide attractive products and services that respond to the needs of customers worldwide, Toyota Motor Corporation actively engages in research and development so it can accurately identify diversifying and increasingly high-level market needs and provide even more appealing high-quality, low-cost products.

Units: Million yen

Year
Research and development expenditures
1998
444,401
1999
487,334
2000
453,367
2001
479,953
2002
592,523
2003
671,608
2004
682,279
2005
755,147
2006
812,648
2007
890,782
2008
958,882
2009
904,075
2010
725,345
2011
730,340
2012
779,806

Source: Securities Reports