In the fiscal year ended March 2022, the pneumatic control engineering company SMC Corporation invested around billion Japanese yen in research and development, up from expenses of approximately billion yen in the preceding fiscal year.
SMC Corporation specializes in control devices, such as directional control valves. The Japan-based company also produces pneumatic equipment, such as cylinders and air filters.
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SMC. (September 30, 2022). Research and development expenditure of SMC Corporation from fiscal year 2013 to 2022 (in billion Japanese yen) [Graph]. In ÌÇÐÄÆÆ½â°æ. Retrieved July 20, 2026, from /statistics/1074697/smc-corporation-research-development-expenses/
SMC. "Research and development expenditure of SMC Corporation from fiscal year 2013 to 2022 (in billion Japanese yen)." Chart. September 30, 2022. ÌÇÐÄÆÆ½â°æ. Accessed July 20, 2026. /statistics/1074697/smc-corporation-research-development-expenses/
SMC. (2022). Research and development expenditure of SMC Corporation from fiscal year 2013 to 2022 (in billion Japanese yen). ÌÇÐÄÆÆ½â°æ. ÌÇÐÄÆÆ½â°æ Inc.. Accessed: July 20, 2026. /statistics/1074697/smc-corporation-research-development-expenses/
SMC. "Research and Development Expenditure of Smc Corporation from Fiscal Year 2013 to 2022 (in Billion Japanese Yen)." ÌÇÐÄÆÆ½â°æ, ÌÇÐÄÆÆ½â°æ Inc., 30 Sep 2022, /statistics/1074697/smc-corporation-research-development-expenses/
SMC, Research and development expenditure of SMC Corporation from fiscal year 2013 to 2022 (in billion Japanese yen) ÌÇÐÄÆÆ½â°æ, /statistics/1074697/smc-corporation-research-development-expenses/ (last visited July 20, 2026)
Research and development expenditure of SMC Corporation from fiscal year 2013 to 2022 (in billion Japanese yen) [Graph], SMC, September 30, 2022. [Online]. Available: /statistics/1074697/smc-corporation-research-development-expenses/