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Data on R&D expenses for fifty US and Japanese companies 1992
From: David Farber <farber () central cis upenn edu>
Date: Wed, 15 Dec 1993 13:03:44 -0500
From:
Dr. David K. Kahaner
US Office of Naval Research Asia
(From outside US): 23-17, 7-chome, Roppongi, Minato-ku, Tokyo 106 Japan
(From within US): Unit 45002, APO AP 96337-0007
Tel: +81 3 3401-8924, Fax: +81 3 3403-9670
Email: kahaner () cs titech ac jp
Re: Comparative R&D expenses, US and Japanese companies, 1992.
12/12/93 (MM/DD/YY)
This file is named "r-d.93"
ABSTRACT. Data on R&D expenses for fifty US and Japanese companies is
given for fiscal year 1992, along with R&D as a percentage of sales.
R&D Expenditures of Major Corporations in Japan and U.S.A.
A: Japan (Orders of result of FY 1992: Unit: 100M Yen))
FY 1991 FY 1992
R&D R&D R&D/Sales %
Rank Company
1 Toyota Motor Corp. 4,300 4,700 5.22
2 Matsushita Electric Industrial Co. 4,181 4,200 9.19
3 Hitachi 4,116 4,000 10.53
4 Fujitsu 3,179 3,250 13.66
5 NEC Corp. 3,200 3,100 10.71
6 Toshiba Corp. 2,792 2,700 8.71
7 Sony Corp. 2,406 2,450 12.89
8 Nissan Motor Co. 2,400 2,400 6.15
9 Honda Motor Co., Ltd 1,935 1,935 7.06
10 Mitsubishi Electric Corp. 1,830 1,820 7.28
11 Mitsubishi Motor Corp. 1,200 1,350 5.21
12 Mitsubishi Heavy Industries 1,291 1,170 4.72
13 Canon 1,104 1,151 10.82
14 Mazda Motor Corp. 1,027 1,030 4.68
15 Sharp Corp. 981 1,000 8.66
16 Nippondenso Co. Ltd. 946 981 7.23
17 Sanyo Electric Co. 772 810 7.49
18 Fuji Photo Film Co., Ltd. 649 718 7.90
19 Tokyo Electric Power Co. 669 694 1.45
20 Takeda Chemical Industries 554 593 10.40
21 Matsushita Communication industrial 593 570 13.10
21 Ricoh Co., Ltd. 565 570 8.69
23 Isuzu Motor Co. 610 560 4.67
24 Asahi Chemical Industry Co. 490 520 5.15
25 Bridgestone Corp - 480 6.62
26 Kobe Steel 475 475 3.99
27 Matsushita Electric Works, Ltd. 429 463 4.63
28 Kawasaki Steel Corp. 385 439 3.99
29 Mitsubishi Kasei Corp. 401 420 5.92
30 Sumitomo Chemical Co., Ltd. 400 407 6.52
31 Victor Company of Japan, Ltd. 410 400 7.77
32 Oki Electric Industry Co., Ltd. 409 383 6.86
33 Sumitomo Metal Industries, Ltd. 391 380 3.42
33 Asahi Glass Co. 400 380 3.16
35 Ishikawajima-Harima Heavy Industries Co. 390 375 4.69
36 Komatsu Ltd. 401 370 6.98
37 Kao Corp. 332 350 5.65
38 Hino Motors, Ltd. 350 330 5.20
38 Fuji Electric Co., Ltd. 328 330 5.20
38 Sankyo Co., lAd. 292 330 8.45
41 Fujisawa Pharmaceutical Co., Ltd. 293 320 13.73
41 Toray Industries, Ltd. 319 320 5.38
43 Omron Corp 341 315 8.63
44 Eisai Co. 302 310 14.09
45 Daihatsu Motor Co. 270 309 3.86
46 Kubota, Ltd. 288 300 4.00
47 Shionogi & Co. 280 293 12.47
48 Sekisui Chemical Co. 277 288 4.24
49 Pioneer Electric Corp. 236 273 7.11
50 Olympus Co. 246 255 13.28
Note: Data from Toyo Keizai, Basically financing & insurance, trading
concerns and retail trade are excluded.
Source: Monthly Statistics Report, June 1993 (Toyo Keizai)
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B: U.S.A. R&D FY 1992
M-US$ 100M Yen R&D/Sales %
Rank Company
1 International Business Machine 6,644 8,413 10
2 American Telephone & Telegraph 3,114 3,943 5
3 E I Du Pont de Nemours & Co. 1,900 2,406 5
4 Digital Equipment Corp. 1,754 2,221 13
5 Hewlett Packard Co. 1,620 2,051 10
6 Easman Kodak Co. 1,587 2,009 8
7 Dow Chemical Co. 1,159 1,468 6
8 United Technologies Corp. 1.140 1,443 5
9 Merck & Co. Inc. 1,112 1,408 12
10 Bristol Myen Squibb Co. 993 1,257 9
11 Johnson & Johnson 980 1,241 8
12 Eli Lilly 925 1,171 15
13 Exxon Corp. 808 1,023 1
14 Amoco Co. 790 1,000 3
15 Mobil Corp. 779 986 1
16 Abbott Laboratories 772 978 10
17 Pfizer Inc. 757 958 11
18 Monsanto Co. 711 900 8
19 Amoco Corp. 662 838 2
20 Unisys Corp. 639 809 7
21 Chevron Corp. 629 796 2
22 Intel Corp. 618 783 13
23 Apple Computer Inc. 602 762 8
24 Atlantic Richfield Co. 586 742 3
25 Schering Plough Corp. 522 660 13
26 American Cyanamid Co. 492 623 10
27 Up John Co. 491 622 14
28 Shell Oil Co. 486 615 2
29 Cyprus Minerals Co. 459 581 28
30 McDonnell Douglas Corp. 450 570 2
31 Rhone Poulenc Rorer Inc. 445 563 12
32 Warner Lambert Co. 423 536 8
33 Schlumberger Ltd. 407 516 7
34 TRW Inc. 393 498 5
34 Marion Merrell Dow Inc. 393 498 14
36 Sun Microsystems Inc. 382 483 11
37 Syntex Corp. 374 474 18
38 Amdahl Corp. 372 471 15
39 Amerada Hess Corp. 364 461 6
40 Microsoft Corp. 352 446 13
41 Texaco Inc. 349 442 1
42 Baxter International 317 401 4
43 Unocal Corp. 312 395 3
43 Union Oil Co. of California 312 395 3
45 Caterpillar Inc. 310 393 3
46 Honeywell Inc. 301 381 5
47 Deere & Co. 288 365 4
48 Tandem Computers 285 361 14
49 Raytheon Co. 279 353 3
50 Phillips Petroleum Co. 252 319 2
Source: IDIALOG (DISCLOSURE)
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