- Business
- Daiwa Industries Ltd. (6459.T) manufactures, sells and leases commercial refrigeration and kitchen equipment including freezers, refrigerators, undercounters, showcases, ice makers, vending machines and cooling system applied products; heating and cooling equipment for store kitchens; kitchen equipment, devices and parts; as well as provides planning, designing and construction of stores and kitchens, equipment inspection and repair services, installation of cooling equipment, construction work and power generation in Japan. The company, founded in 1958 and formally established in 1962, maintains its headquarters in Osaka, Japan, with operations encompassing 1 overseas sales department, 20 sales departments, 203 offices, 7 corporate sales departments, 17 corporate sales sections, 2 store kitchen sections, 19 store kitchen departments, 19 service centers, 3 distribution centers and 3 factories. As of December 2024, it employs 2,372 people and reports sales of 47.93 billion yen. In recent developments, the company announced a cash dividend for the fiscal year ended December 31, 2024, with payments scheduled to commence on March 31, 2025.