CAPEX, Depreciation, and R&D

Capital Expenditures and Depreciation

Yen (billions) FY2010 FY2011 FY2012 FY2013 FY2014
Capital Expenditures (excluding property on Operating Leases)          
Motorcycle Business 38.3 37.0 62.0 73.5 55.5
Automobile Business 267.2 260.1 334.1 505.0 656.4
Financial Services Business (Excluding Property on Operating Leases) 0.3 0.1 0.3 0.5 0.6
Power Product and Other Businesses 23.7 13.9 10.0 14.5 13.5
Total (Excluding Property on Operating Leases) 329.7 311.3 406.5 593.6 726.1
Capital Expenditures (Excluding property on Operating Lease) as a Percentage of Net Sales 3.8% 3.5% 5.1% 6.0% 6.1%
operating lease assets 544.0 798.4 683.7 793.1 1,127.8
Yen (billions) FY2010 FY2011 FY2012 FY2013 FY2014
Depreciation (Excluding depreciation on operating lease) 366.6 325.2 293.7 286.6 375.8
Depreciation (Excluding depreciation on operating lease) as a Percentage of Net Sales 4.3% 3.6% 3.7% 2.9% 3.2%
Capital Expenditures as a Percentage of Net Sales and Depreciation as a Percentage of Net Sales

Note: Intangible assets are not included in the table and graph above.

R&D Expenses

Yen (billions) FY2010 FY2011 FY2012 FY2013 FY2014
R&D Expenses 463.3 487.5 519.8 560.2 634.1
R&D Expenses as a Percentage of Net Sales 5.4% 5.5% 6.5% 5.7% 5.4%
R&D Expense and R&D Expenses as a Percentage of Net Sales
 

 

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