DAIKIN INDUSTRIES, LTD.
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in mil. unless spec.Company Description
- CEO
- Masanori Togawa
- Full Time Employees
- 104,095
- Sector
- Producer manufacturing
- Industry
- Industrial machinery
- Address
- Osaka Umeda Twin Towers South Osaka OS Japan 530-0001
- IPO Date
- Jun 1, 1957
- Website
- daikin.co.jp
- Similar Companies
- Business
- Daikin Industries, Ltd. is a global leader in the manufacture and sale of air conditioning, refrigeration, and chemical products. Established in 1924 and headquartered in Osaka, Japan, the company operates across multiple geographic regions including Japan, the Americas, China, Europe, the Middle East, and Africa. Its core products encompass residential and commercial air conditioning systems; heat pumps for space and water heating; ventilation and air purification solutions; refrigeration equipment; and chemical products used in refrigerants and fluoro-chemicals. Daikin serves a broad range of customers from residential users to commercial and industrial sectors, offering both products and comprehensive maintenance and turnkey services. Recent major developments include the launch of advanced air purifier models MCK70Z and MC80Z equipped with connectivity to Daikin’s Onecta app, enabling real-time indoor and outdoor air quality insights, launched in 2024. Additionally, Daikin introduced the next-generation Perfera "All Seasons" air-to-air heat pump systems, which boast enhanced energy efficiency, user experience, and remote monitoring capabilities via the Daikin Cloud Service Residential on its Stand By Me platform. The company is also advancing its smart control system for HVAC plants, the Smart Control System (SCS), set for rollout in January 2025, designed to optimize energy consumption and comfort in chillers, heat pumps, air handling units, and fan coils. Strategic management under the “Fusion 25” plan emphasizes carbon neutrality, solutions connected to customer needs, and creating value through air quality innovation. The group employs approximately 98,000 people globally and reported record sales of €28 billion for fiscal year 2023. Daikin’s business segments focus on HVAC-R (heating, ventilation, air conditioning, and refrigeration) technology, chemical products related to refrigerants, and connected service solutions emphasizing sustainability and digital transformation. The company operates numerous subsidiaries and manufacturing sites worldwide, including significant production and sales presence in Europe with over 59 subsidiaries and facilities in countries such as Belgium, Germany, Italy, and the UK. Recent strategic moves include aggressive investment in digital technologies to enhance product differentiation and sales capabilities, cost management initiatives in response to global challenges, and alignment with international sustainability standards with goals for net zero carbon emissions by 2050. Overall, Daikin Industries, Ltd. positions itself as a technologically advanced, innovation-driven leader in global HVAC and refrigeration markets, continuously enhancing its product portfolio, digital solutions, and sustainability initiatives to meet evolving customer and regulatory demands.
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