Toyota's fiscal year runs from April 1 to March 31 of the following year. The figures for 2007 through 2023 were taken from previous editions of the publication.
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Toyota Motor Corporation: R&D expenditure 2007-2026
Toyota incurred research and development (R&D) costs of about **** trillion Japanese yen in the fiscal year 2025/2026. This was an increase from previous year, where the R&D costs were **** trillion Japanese yen.
Toyota’s research and development expenses
The weak yen clearly helped Toyota export more vehicles. However, the company was hit hard by the 2008/2009 worldwide financial crisis, and its research and development expenses hit rock bottom in the fiscal year of 2010, only to finally reach pre-crisis levels in the fiscal year of 2014. In 2022, Toyota was among the leading automotive companies with the highest spending on research and development. Toyota's R&D costs crossed the *** trillion yen mark in 2019 and continued to notch up in 2020. The fiscal year of 2021 showed a slight decrease year-on-year. However, R&D expenses bounced back to *** trillion Japanese yen a year after.
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Toyota. (May 8, 2026). Toyota Motor Corporation's research and development (R&D) expenses from FY 2007 to FY 2026 (in billion Japanese yen) [Graph]. In ÌÇÐÄÆƽâ°æ. Retrieved July 21, 2026, from /statistics/279648/research-and-development-spending-at-toyota/
Toyota. "Toyota Motor Corporation's research and development (R&D) expenses from FY 2007 to FY 2026 (in billion Japanese yen)." Chart. May 8, 2026. ÌÇÐÄÆƽâ°æ. Accessed July 21, 2026. /statistics/279648/research-and-development-spending-at-toyota/
Toyota. (2026). Toyota Motor Corporation's research and development (R&D) expenses from FY 2007 to FY 2026 (in billion Japanese yen). ÌÇÐÄÆƽâ°æ. ÌÇÐÄÆƽâ°æ Inc.. Accessed: July 21, 2026. /statistics/279648/research-and-development-spending-at-toyota/
Toyota. "Toyota Motor Corporation's Research and Development (R&d) Expenses from Fy 2007 to Fy 2026 (in Billion Japanese Yen)." ÌÇÐÄÆƽâ°æ, ÌÇÐÄÆƽâ°æ Inc., 8 May 2026, /statistics/279648/research-and-development-spending-at-toyota/
Toyota, Toyota Motor Corporation's research and development (R&D) expenses from FY 2007 to FY 2026 (in billion Japanese yen) ÌÇÐÄÆƽâ°æ, /statistics/279648/research-and-development-spending-at-toyota/ (last visited July 21, 2026)
Toyota Motor Corporation's research and development (R&D) expenses from FY 2007 to FY 2026 (in billion Japanese yen) [Graph], Toyota, May 8, 2026. [Online]. Available: /statistics/279648/research-and-development-spending-at-toyota/
