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CAPEX, Depreciation and R&D Expenditures

Yen(billion)

  FY16 FY17 FY18 FY19
Capital expenditures*1 647.4 541.0 433.8 426.5
Capital expenditures as a percentage of sales revenue 4.4% 3.9% 2.8% 2.7%
Depreciation and amortization*1 440.4 437.6 467.3 450.3
Depreciation as a percentage of sales revenue 3.0% 3.1% 3.0% 2.8%
R&D expenditures*2 719.8 685.3 730.7 820.0
R&D expenditures as a percentage of sales revenue 4.9% 4.9% 4.8% 5.2%

*1  Capital expenditures as well as Depreciation and amortization in results aforementioned exclude investment in operating leases, finance leases and intangible assets.

*2  Research and development expenditures aforementioned exclude decrease of 25.4 billion yen due to the impact of pension accounting treatment in FY17.

Capital Expenditures

Capital Expenditures/Capital expenditures as a percentage of sales revenue

Depreciation

Depreciation/Depreciation as a percentage of sales revenue

Research and Development Expenditures

R&D expenditures/R&D expenditures as a rercentage of sales revenue

(Excel data) CAPEX, Depreciation and R&D Expenditures