4565.T4565.TJPX
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R&D Expenses Over TimeExpanding
Percentile Rank100
3Y CAGR+24.7%
5Y CAGR+30.7%
Studio
Year-over-Year Change

Research and development spending

3Y CAGR
+24.7%/yr
vs +0.9%/yr prior
5Y CAGR
+30.7%/yr
Recent deceleration
Acceleration
+23.8pp
Accelerating
Percentile
P100
Near historical high
vs 5Y Ago
3.8x
Strong expansion
Streak
5 yr
Consecutive growthExpanding
PeriodValueYoY Change
2025$14.47B+22.4%
2024$11.82B+17.3%
2023$10.07B+35.2%
2022$7.45B+25.7%
2021$5.93B+56.4%
2020$3.79B-11.6%
2019$4.29B-40.2%
2018$7.18B+45.5%
2017$4.93B+53.4%
2016$3.22B-