- CEO
- Masanori Togawa
- Full Time Employees
- 104,095
- Sector
- Industrials
- Industry
- Construction
- Address
- Umeda Center Building Osaka OS Japan 530-8323
- IPO Date
- May 15, 2012
- Business
- Daikin Industries, Ltd. is a leading Japanese multinational conglomerate primarily engaged in the manufacture, distribution, and sale of air conditioning, refrigeration, heating, ventilation, and air purification equipment. The company’s core products include residential, commercial, and industrial air conditioners; heat pumps using refrigerants such as R-32 and CO2 (R-744); refrigeration equipment; ventilation systems; and chemical products supporting refrigerant technologies. Daikin also provides comprehensive maintenance services and turnkey solutions globally, catering to markets across Japan, the Americas, Europe, Middle East, Africa, China, and other regions. Founded in 1924 and headquartered in Osaka, Japan, Daikin operates a global production network with local manufacturing sites in multiple countries including Belgium, Czech Republic, Germany, Italy, Spain, the UK, Turkey, UAE, and Saudi Arabia.
In recent major developments, Daikin has advanced its strategic expansion in the high-growth data center cooling market through acquisitions and partnerships. Notably, in 2025, Daikin Applied, its wholly owned subsidiary, acquired DDC Solutions, a San Diego-based firm specializing in ultra-high-density hybrid cooling and rack-level solutions for data centers, strengthening Daikin’s portfolio for white space cooling and AI data center applications. Additionally, Daikin announced a capital and business partnership with industrial boiler maker Miura Co., Ltd. in 2024, aimed at enhancing energy efficiency and reducing CO2 emissions at industrial heat utilization sites. Daikin continues to invest in expanding production capacity for large-tonnage modular data center plants and custom air handler solutions, supporting its focus on smart, sustainable, and connected HVAC-R technologies. In 2025, the company also expanded its heat pump service network in regions such as Scotland and inaugurated new headquarters in Egypt, targeting growth in residential and commercial markets in the Middle East and Africa.
Daikin’s integrated business approach combines heating, cooling, ventilation, air purification, and refrigeration technologies with strong R&D capabilities to provide environmentally conscious solutions aligning with carbon neutrality goals. The company's strategic priorities include expanding solution offerings through connectivity, increasing market presence in emerging economies, and leveraging a localized production-for-local-consumption model. Daikin employs over 98,000 people and reported record sales of approximately €28 billion in fiscal year 2023. Governance is led by Chairman and CEO Masanori Togawa, with a focus on innovation, sustainability, and enhancing corporate value for the company’s second century of operation.
This comprehensive product and service portfolio, combined with recent strategic acquisitions and partnerships, positions Daikin as a global leader in HVAC-R technology with diversified operations and a commitment to energy-efficient and future-proof climate solutions worldwide.