Capital expenditures, Depreciation and R & D expenses

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(Millions of Yen)

  2020 (IFRS) 2019 (IFRS) 2018 (IFRS) 2017 (IFRS)
Capital expenditures 28,433 51,339 46,860 39,908
Depreciation & Amortization* 37,494 36,027 36,793 34,629
R & D expenses 14,125 15,026 15,169 15,095

*The 2019 amount for depreciation is net of the portion allocable to right-of-use assets newly recognized under the accounting standard “IFRS 16 Leases.”