4521.T4521.TJPX
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R&D Expenses Over TimeExpanding
Percentile Rank100
3Y CAGR+30.5%
5Y CAGR+23.9%
Studio
Year-over-Year Change

Research and development spending

3Y CAGR
+30.5%/yr
vs +0.8%/yr prior
5Y CAGR
+23.9%/yr
Recent acceleration
Acceleration
+29.7pp
Accelerating
Percentile
P100
Near historical high
vs 5Y Ago
2.9x
Strong expansion
Streak
1 yr
Consecutive growthExpanding
PeriodValueYoY Change
2025$18.73B+49.3%
2024$12.54B-20.6%
2023$15.79B+87.5%
2022$8.42B+25.0%
2021$6.74B+5.0%
2020$6.42B-37.5%
2019$10.26B+25.9%
2018$8.15B+26.4%
2017$6.45B+9.6%
2016$5.88B-