Nippon Steel's R&D costs FY 2013-2022
In the fiscal year 2022, the Japanese steel producer Nippon Steel invested approximately 70.56 billion Japanese yen in research and development, up from about 66.43 billion yen in the preceding fiscal year. The predecessor of Tokyo-headquartered Nippon Steel Corporation was established in 1950; today, the group is among the leading steel producers in the world.