The data displays Toyota’s R&D costs from FY 2007 to FY 2018. Toyota incurred R&D costs of about 1.1 trillion Japanese yen in FY 2018. Japan-based Toyota Motor Corporation ranks among the biggest automobile manufacturers in the world.
Toyota’s research and development expenses
Not only is the Toyota Motor Corporation Japan’s biggest automotive manufacturer, it is also ranked as the number one carmaker worldwide in terms of automobile production. The company produces passenger vehicles, trucks and motorcycles under five brands, including the millennial-targeted brand Scion and the luxury brand Lexus.
