Research and Development Expenses of Honda Motors
The table below shows the consolidated R & D Expenses of Honda Motors 2007-2017 in Millions of Yen.Honda Motors Research & Development expenditures from 2007-2017
|Year||R&D expenditures in millions of Yen|
|2007-2013 US GAAP, 2014 to 2017 IFRS|
The automotive industry has become highly competitive in the 21st century and the automobile brands are investing heavily in both R&D and marketing for higher growth and to bring innovative products and technologies. For the fiscal year ended March 2017, Honda’s R&D expenses were 660 Billion Yen.