Data

In order for MGC to continue to develop as a highly differentiated, widely recognized chemicals group operating from a strong platform of proprietary technology, we make a strong effort in research and development. The number of employees engaged in R&D activities total approximately 840 (consolidated, approximately 17% of all employees), and in 2010, the R&D costs account for around 4% of sales.

R&D expenditures (consolidated)(Unit:Billion yen)
Year 2006 2007 2008 2009 2010
Sales
482.6
519.3
447.6
384.5
451.0
R&D expenditures
11.5
13.6
14.7
16.2
16.4
Rate of R&D expenditures in sales (%)
2.4
2.6
3.3
4.2
3.6

As of May 2011

Results of R&D expenditures (consolidated)