Nippon Chemi-Con (6997) · TargetUpdated actual R&D expenses
4% R&D Expense-to-Sales Ratio Target for Climate-Related New Products
First written in FY2023. . Latest entry: FY2026.
3entries
4years
0from disclosures
How it moved
Same theme, other companies
Target Setting for the Research and Development Expense-to-Sales RatioA theme 10 companies write about · 0 as a headwind · 10 as a tailwind
The whole theme swung hardest in 2020: 1 of 7 companies on the "Worse" side.
4 other companies' latest entry also says "Other".
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
- FY2026Updated actual R&D expensesAnnual report
「Total R&D expenses for the current consolidated fiscal year were ¥3,892 million, and the main R&D activities were as follows.」
R&D expenses were ¥3,892 million, representing approximately 2.8% of revenue of ¥136,821 million. The Company updated the results against its previously stated target of R&D expenses equivalent to 4% of revenue. - FY2025Disclosed R&D expenses and indicated the gap against the targetAnnual report
「Total R&D expenses for the current consolidated fiscal year were ¥4,228 million, and the main R&D activities were as follows.」
The Company recorded R&D expenses of ¥4,228 million against revenue of ¥122,684 million. Actual R&D expenses were approximately 3.4% of revenue, compared with the 4% target. - FY2023First statedAnnual report
「The Company will pursue this metric by targeting R&D expenses equivalent to 4% of revenue.」
The Company disclosed for the first time a target of 4% of revenue for R&D expenses as a metric for climate-related opportunities that will accelerate the launch of new products for the automotive, industrial equipment and energy conversion markets.