(Years ended March 31)

  2014 2015 2016 2017 2018
Capital expenditure
(Billions of yen)
37.4 30.7 25.7 31.6 38.5
Capital expenditure
of net sales (%)
4.0 3.5 2.9 3.7 4.0
R&D costs
(Billions of yen)
17.5 16.6 16.8 17.5 19.5
R&D expenses to
net sales ratio (%)
1.9 1.9 1.9 2.1 2.0

Capital expenditure / Capital expenditure of net sales

Graph of Capital expenditure

R&D costs / R&D expenses to net sales ratio

Graph of R&D costs