FURUNO's core technological expertise is Sensing Technology, Processing Technology and Communication Technology. We shall strive to further enhance the competitiveness in those three technological fields in order for us to add high values to our products and services in our existing business fields, i.e., marine electronics. Moreover, we shall allocate our available resources to research and development activities in order to attain the possibility of further expanding our field of operation.
Expenditure on research and development over the last five fiscal years
| FY2008 | FY2009 | FY2010 | FY2011 | FY2012 | |
|---|---|---|---|---|---|
| Reseach and development (millions of Yen) |
6,079 | 4,992 | 4,452 | 4,983 | 4,332 |
| Percent of net sales(%) | 6.9 | 5.9 | 6.0 | 6.4 | 6.0 |
Also, based upon our road map for research and development activities, which is meticulously crafted according to our business strategy, close collaboration between the departments of research and development and intellectual property management is to be established. Subsequently, we seek to create intellectual property of significance which can be used to contribute to our future business activities.
