Toyota,Sony,Olympus,and Komatsu are some of the well-known Japanese companies that use target costing,a process which is also known as "design to cost."

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Target costing, also known as "design to cost," is a pricing method used by many Japanese companies, including Toyota, Sony, Olympus, and Komatsu, where the selling price is set first based on market conditions, and then the target cost is determined by subtracting a desired profit margin from the selling price. This approach encourages companies to find cost savings and efficiencies during the product design phase.

Toyota,Sony,Olympus,and Komatsu Are Some of the Well-Known Japanese Companies That