Research and Development (R&D) expenses of Honda Motors

Honda Motors R&D expenses 2005-2021

in millions of Yen.

YearR&D expenses (Million Yen)
2021 ¥ 738,894
2020 ¥ 804,123
2019 ¥       806,905
2018 ¥      751,856
2017 ¥      691,429
2016 ¥      656,502
2015 ¥      606,162
2014 ¥      598,372
2013 ¥      5,60,270 
2012 ¥      5,19,818 
2011 ¥      4,87,591 
2010 ¥      4,63,354 
2009 ¥      5,63,197 
2008 ¥      5,87,959 
2007 ¥      5,51,847 
2006 ¥      5,10,385 
2005 ¥      4,67,754 

2021: The research and development expenses of Honda Motors declined to 738.9 billion Yen in 2021 from 804.1 billion Yen in 2020.

In 2019, the research and development expenses of Honda motors were ¥806,905 million compared to ¥751,856 previous year. 

Research and development expenses of Honda Motors increased to  ¥ 7,30,734  million in 2018 from  ¥ 6,59,918  million in 2017.