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Axell (6730) · PolicyAnnual R&D expenses of ¥1,641 million, up 6.0% year on year

Focus on a fabless, R&D-driven business model

First written in FY2016. 21 of 35 entries say "Restated". Latest entry: FY2026.

35entries
11years
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ProgressHeldSoftenedWorseRestatedFY2017-Q2 – FY2018RestatedFY2019-Q2 – FY2026-H12016: 320162017: 420172018: 420182019: 320192020: 420202021: 320212022: 420222023: 420232024: 320242025: 120252026: 22026
Same theme, other companies
Fabless business model focused on research and development and marketingA theme 1 companies write about · 0 as a headwind · 1 as a tailwind

No other company in this theme has enough history to compare yet.

Full recordFilings, disclosures and news, newest first
  1. FY2026Annual R&D expenses of ¥1,641 million, up 6.0% year on yearAnnual report

    「In addition, R&D expenses included in selling, general and administrative expenses were ¥1,641 million, an increase of ¥93 million, or 6.0%.」

    Although there were no material changes in the policy for its R&D activities, annual R&D expenses were ¥1,641 million, an increase of 6.0% from the previous fiscal year.
  2. 2026-05-11AdvancedFinancial Results Presentation

    「The next-generation global standard for CPUs, “RISC-V” / One form of fully homomorphic encryption, “TFHE”」

    The company has identified RISC-V and TFHE as specific areas of focus for basic research.
  3. FY2026-H1Interim R&D expenses of ¥748 million, up 7.2% from the same interim period of the previous yearAnnual report

    「R&D expenses included in selling, general and administrative expenses were ¥748 million, an increase of ¥50 million, or 7.2%, from the same interim period of the previous year. There were no material changes in the status of the Group's R&D activities during the current interim consolidated accounting period.」

    While stating that there had been no material changes in the status of its R&D activities, the Company reported interim R&D expenses of ¥748 million, up 7.2% from the same interim period of the previous year.
  4. FY2025-H1Interim R&D expenses of ¥697 million, down 10.7% from the same interim period of the previous yearAnnual report

    「R&D expenses included in selling, general and administrative expenses were ¥697 million, a decrease of ¥83 million, or 10.7%, from the same interim period of the previous year.」

    While stating that there had been no material changes in the status of its R&D activities, the Company disclosed R&D expenses of ¥697 million for the current interim consolidated accounting period.
  5. FY2024Disclosed full-year R&D expenses of ¥1,579 millionAnnual report

    「Total R&D expenses for the fiscal year were ¥1,579 million.」

    The Company maintained its R&D-focused fabless model and disclosed full-year R&D expenses of ¥1,579 million.
  6. FY2024-Q3Disclosed third-quarter R&D expenses of ¥1,163 millionAnnual report

    「R&D activities amounted to ¥1,163 million during the third quarter of the current consolidated cumulative period. There were no material changes in the status of the Group's R&D activities during the third quarter of the current consolidated cumulative period.」

    While stating that there had been no material changes in its R&D activities, the Company disclosed R&D expenses of ¥1,163 million for the third quarter of the current consolidated cumulative period.
  7. FY2024-Q2RestatedAnnual report

    「R&D activities amounted to ¥781 million during the second quarter of the current consolidated cumulative period. There were no material changes in the status of the Group's R&D activities during the second quarter of the current consolidated cumulative period.」

    While stating that there had been no material changes in the status of its R&D activities, the Company disclosed R&D expenses of ¥781 million for the second quarter of the current cumulative period.
  8. FY2024-Q1RestatedAnnual report

    「R&D activities amounted to ¥338 million during the first quarter of the current consolidated cumulative period. There were no material changes in the status of the Group's R&D activities during the first quarter of the current consolidated cumulative period.」

    While stating that there had been no material changes in its R&D activities, the Company disclosed R&D expenses of ¥338 million for the first quarter of the current cumulative period.
  9. FY2023Disclosed full-year R&D expenses of ¥1,552 millionAnnual report

    「Total R&D expenses for the fiscal year were ¥1,552 million.」

    The Company maintained its R&D-focused fabless model and disclosed full-year R&D expenses of ¥1,552 million.
  10. FY2023-Q3Disclosed third-quarter R&D expenses of ¥1,206 millionAnnual report

    「R&D expenses included in selling, general and administrative expenses were ¥1,206 million, an increase of ¥284 million, or 30.9%, from the same quarter of the previous year.」

    While stating that there had been no material changes in the status of its R&D activities, the Company disclosed R&D expenses of ¥1,206 million for the third quarter of the current consolidated cumulative period.
  11. FY2023-Q2Disclosed second-quarter R&D expenses of ¥770 millionAnnual report

    「R&D activities amounted to ¥770 million during the second quarter of the current consolidated cumulative period. There were no material changes in the status of the Group's R&D activities during the second quarter of the current consolidated cumulative period.」

    While stating that there had been no material changes in its R&D activities, the Company disclosed R&D expenses of ¥770 million for the second quarter of the current consolidated cumulative period.
  12. FY2023-Q1RestatedAnnual report

    「R&D expenses included in selling, general and administrative expenses were ¥456 million, an increase of ¥194 million, or 74.4%, from the same quarter of the previous year.」

    R&D expenses increased to ¥456 million, but the Company was stated to have maintained its policy of operating an R&D-focused business despite no material changes in the status of its R&D activities.
  13. FY2022RestatedAnnual report

    「The Group primarily operates as a fabless manufacturer and has adopted a business model that does not require substantial capital investment in factories or other facilities.」

    The Company continues to maintain its fabless business model and operate a business centered on R&D and sales.
  14. FY2022-Q3RestatedAnnual report

    「R&D expenses included in selling, general and administrative expenses were ¥921 million, a decrease of ¥169 million, or 15.5%, from the same quarter of the previous year. There were no material changes in the status of the Group's R&D activities during the third quarter of the current consolidated cumulative period.」

    R&D expenses were ¥921 million, but the Company stated that there had been no material changes in the status of its R&D activities and maintained its policy of operating an R&D-focused fabless model.
  15. FY2022-Q2RestatedAnnual report

    「R&D activities amounted to ¥540 million during the second quarter of the current consolidated cumulative period. There were no material changes in the status of the Group's R&D activities during the second quarter of the current consolidated cumulative period.」

    R&D expenses were ¥540 million, but the Company stated that there had been no material changes in the status of its R&D activities and maintained its policy of operating an R&D-focused fabless model.
  16. FY2022-Q1RestatedAnnual report

    「R&D expenses included in selling, general and administrative expenses were ¥261 million, an increase of ¥1 million, or 0.5%, from the same quarter of the previous year.」

    R&D expenses were ¥261 million, but the Company stated that there had been no material changes in the status of its R&D activities and maintained its R&D-focused fabless model.
  17. FY2021-Q3RestatedAnnual report

    「R&D expenses included in selling, general and administrative expenses were ¥1,091 million, an increase of ¥112 million, or 11.5%, from the same quarter of the previous year.」

    R&D expenses were ¥1,091 million, but the Company maintained its longstanding policy of stating that there had been no material changes in the status of its R&D activities.
  18. FY2021-Q2RestatedAnnual report

    「R&D expenses included in selling, general and administrative expenses were ¥738 million, an increase of ¥63 million, or 9.5%, from the same quarter of the previous year.」

    R&D expenses were ¥738 million, but the Company stated that there had been no material changes in the status of its R&D activities and maintained its R&D-focused fabless model.
  19. FY2021-Q1RestatedAnnual report

    「R&D activities amounted to ¥260 million during the first quarter of the current consolidated cumulative period. There were no material changes in the status of the Group's R&D activities during the first quarter of the current consolidated cumulative period.」

    The Company reiterated that there had been no material changes in its R&D activities and disclosed R&D expenses of ¥260 million for the first quarter of the current cumulative period.
  20. FY2020RestatedAnnual report

    「The Group primarily operates as a fabless manufacturer and has adopted a business model that does not require substantial capital investment in factories or other facilities.」

    The Company continues to operate a fabless R&D and sales model. R&D expenses were ¥1,549 million in the fiscal year.
  21. FY2020-Q3RestatedAnnual report

    「R&D expenses for the nine months ended this third quarter were ¥978 million. There were no material changes in the status of our group's R&D activities during the nine months ended this third quarter.」

    The company reiterated that there had been no material changes in its R&D activities and disclosed R&D expenses of ¥978 million for the nine months ended the third quarter.
  22. FY2020-Q2RestatedAnnual report

    「R&D expenses for the six months ended this second quarter were ¥674 million. There were no material changes in the status of our group's R&D activities during the six months ended this second quarter.」

    The company reiterated that there had been no material changes in its R&D activities and disclosed R&D expenses of ¥674 million for the six-month period.
  23. FY2019Annual R&D spending increasedAnnual report

    「Total R&D expenses for the fiscal year were ¥2,513 million.」

    The company maintained its research and development-driven fabless model, and R&D expenses increased from ¥2,134 million in the previous fiscal year to ¥2,513 million.
  24. FY2019-Q3RestatedAnnual report

    「Although we worked to reduce expenses across the board, selling, general and administrative expenses increased by ¥451 million, or 19.4%, year on year to ¥2,778 million, mainly because some prototype development costs for next-generation core products were recorded. R&D expenses included in selling, general and administrative expenses increased by ¥445 million, or 26.7%, year on year to ¥2,112 million. Development costs for next-generation core products had largely run their course in the first quarter.」

    While maintaining its explanation that development costs for next-generation core products had largely run their course in the first quarter, the company reported that R&D expenses increased 26.7% year on year to ¥2,112 million.
  25. FY2019-Q2Rising R&D expenses alongside the completion of development costs for next-generation productsAnnual report

    「Although we worked to reduce expenses across the board, selling, general and administrative expenses increased by ¥497 million, or 30.2%, year on year to ¥2,146 million, mainly because some prototype development costs for next-generation core products were recorded. R&D expenses included in selling, general and administrative expenses increased by ¥486 million, or 40.2%, year on year to ¥1,698 million. Development costs for next-generation core products had largely run their course in the first quarter.」

    The company stated that R&D expenses increased 40.2% year on year to ¥1,698 million, while development costs for next-generation core products had largely run their course in the first quarter.
  26. FY2019-Q1AdvancedAnnual report

    「Development costs for next-generation core products had largely run their course during the first quarter, and we expect R&D expenses to trend downward from the second quarter onward.」

    While there were no material changes to the research and development-driven fabless model itself, prototype development costs for next-generation core products had largely run their course in the first quarter, and R&D expenses are expected to decline from the second quarter onward.
  27. FY2018RestatedAnnual report

    「We are a research and development-driven fabless semiconductor manufacturer whose business is focused on research and development and marketing activities.」

    The company continues to base its business on a fabless model focused on research and development and marketing. R&D expenses were ¥2,134 million, down 13.0% from the previous fiscal year.
  28. FY2018-Q3RestatedAnnual report

    「Selling, general and administrative expenses decreased by ¥320 million, or 12.1%, year on year to ¥2,326 million, reflecting broad-based expense reductions and a decline in R&D expenses from the same quarter of the previous year. R&D expenses included in selling, general and administrative expenses decreased by ¥249 million, or 13.0%, year on year to ¥1,666 million.」

    Although R&D expenses decreased 13.0% year on year, the company explicitly stated that there had been no material changes in the status of its R&D activities, maintaining its policy of operating a research and development-driven fabless model.
  29. FY2018-Q2RestatedAnnual report

    「Selling, general and administrative expenses decreased by ¥115 million, or 6.5%, year on year to ¥1,648 million, reflecting broad-based expense reductions and a slight decline in R&D expenses from the same quarter of the previous year. R&D expenses included in selling, general and administrative expenses decreased by ¥50 million, or 4.0%, year on year to ¥1,211 million.」

    R&D expenses decreased 4.0% year on year to ¥1,211 million, but the company stated that there had been no material changes in the status of its R&D activities.
  30. FY2018-Q1RestatedAnnual report

    「Although we worked to reduce expenses across the board, selling, general and administrative expenses increased by ¥73 million, or 8.7%, year on year to ¥921 million, mainly because some prototype development costs for next-generation core products were recorded. R&D expenses included in selling, general and administrative expenses increased by ¥129 million, or 22.4%, year on year to ¥705 million.」

    The company recorded prototype development costs for next-generation core products and invested ¥705 million in R&D, while stating that there had been no material changes in the status of its R&D activities.
  31. FY2017RestatedAnnual report

    「We are a research and development-driven fabless semiconductor manufacturer whose business is focused on research and development and marketing activities.」

    The company reaffirmed its fabless model focused on research and development and marketing.
  32. FY2017-Q3RestatedAnnual report

    「R&D expenses for the nine months ended this third quarter were ¥1,916 million. There were no material changes in the status of our R&D activities during the nine months ended this third quarter.」

    The company reiterated that there had been no material changes in its R&D activities. R&D expenses were ¥1,916 million, down 10.8% year on year.
  33. FY2017-Q2RestatedAnnual report

    「Although we are making aggressive R&D investments aimed at future growth, R&D expenses for the six months ended this second quarter decreased by ¥319 million, or 20.2%, year on year to ¥1,261 million.」

    The company stated that it continues to make aggressive R&D investments aimed at future growth. R&D expenses decreased 20.2% year on year to ¥1,261 million, but no change in the investment policy itself was indicated.
  34. FY2017-Q1AdvancedAnnual report

    「Selling, general and administrative expenses increased by ¥66 million, or 8.5%, year on year to ¥848 million, as a result of continued aggressive investment in research and development aimed at future growth. R&D expenses included in selling, general and administrative expenses increased by ¥77 million, or 15.5%, year on year to ¥576 million.」

    The company continued aggressive R&D investment aimed at future growth, with R&D expenses increasing 15.5% year on year to ¥576 million.
  35. FY2016First statedAnnual report

    「We are a research and development-driven fabless semiconductor manufacturer whose business is focused on research and development and marketing activities.」

    The company outsources manufacturing and operates a business model focused on research and development and marketing.
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Axell's next results are scheduled for 2026-11-06. Read the earnings preview It last moved in the Financial Results Presentation of 2026-05-11: "Advanced".
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Focus on a fabless, R&D-driven business model | AXELL CORPORATION (6730) | Komori