Komori
Ngk (5333) · TargetRaised

Securing ¥300 billion in R&D spending over the next 10 years and allocating 80% to CN and DS

First written in FY2021. 4 of 8 entries say "Advanced", first in FY2025. Latest entry: FY2026.

8entries
6years
4from disclosures
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How it moved
ProgressHeldSoftenedWorseFirst statedFY2021 – FY2023AdvancedFY2025 – 2026-04-302021: 120212022: 020222023: 120232024: 020242025: 120252026: 52026
Same theme, other companies
環境関連研究開発テーマ比率の引き上げA theme 4 companies write about · 0 as a headwind · 4 as a tailwind

0 other companies' latest entry also says "Raised".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Full recordFilings, disclosures and news, newest first
  1. FY2026RaisedAnnual report

    「Regarding R&D, the NGK Group Vision calls for ¥300 billion to be invested over the 10 years from 2021, with 80% allocated to carbon neutrality and the digital society, and for management resources to be focused on promising future themes that contribute to solving social issues. We have invested ¥142.6 billion over the past 5 years. To enhance the commercial viability of promising future themes and accelerate transformation, we plan to conduct approximately ¥200 billion of R&D over the 5 years from 2026.」

    While continuing the policy of investing ¥300 billion over 10 years and allocating 80% to carbon neutrality and digital society-related fields, the company plans approximately ¥200 billion of investment over the 5 years from 2026, raising the pace of investment.
  2. FY2025AdvancedAnnual report

    「Regarding R&D, the NGK Group Vision calls for ¥300 billion to be invested over the 10 years from 2021, with 80% allocated to carbon neutrality and the digital society, and for management resources to be focused on promising future themes that contribute to solving social issues. We plan to invest ¥36 billion in FY2025, exceeding the previous record high.」

    The policy of investing ¥300 billion over 10 years and allocating 80% to carbon neutrality and digital society-related fields has been reaffirmed, with a specific plan for R&D spending of ¥36 billion in FY2025.
  3. FY2023RestatedAnnual report

    「We plan to invest a record ¥31 billion in R&D in FY2023, and ¥300 billion over 10 years, allocating 80% of this amount to carbon neutrality and the digital society, while focusing management resources on promising future themes that contribute to solving social issues.」

    The policy of investing ¥300 billion over 10 years and allocating 80% to the CN and DS fields has been reaffirmed, with ¥31 billion planned for FY2023.
  4. FY2021First statedAnnual report

    「We plan to secure total R&D spending of ¥300 billion over the next 10 years and allocate 80% to the CN and DS fields.」

    Under Road to 2050, the company has quantified total R&D spending over 10 years and the proportion allocated to the carbon-neutral and digital society fields.
Moved together

"Management focused on capital efficiency and shareholders" moved the same way as this thread, in the same document, in 4 of its 8 moves.

444333★123456
  1. ★This thread
  2. 1Management focused on capital efficiency and shareholders4×
  3. 2Fourth Five-Year Environmental Action Plan4×
  4. 3Company-wide digital transformation led by the DX Promotion Division4×
  5. 4Profit allocation with a medium-term target of a consolidated dividend payout ratio of approximately 30%3×
  6. 5Share Repurchases to Improve Capital Efficiency3×
  7. 6Strengthening head office capabilities to support global management and developing diverse talent3×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
Ngk's next results are scheduled for 2026-10-30. Read the earnings preview It last moved in the General Meetings of Shareholders of 2026-05-29: "Advanced".
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.
Securing ¥300 billion in R&D spending over the next 10 years and allocating 80% to CN and DS | NGK Corporation (5333) | Komori