Daikin
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| Type | Public |
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| Traded as | TYO: 6367 OSE: 6367 |
| Industry | Electronics |
| Founded | Osaka, Japan (February 11, 1924, Osaka Kinzoku Kogyo Limited Partnership) |
| Founder(s) | Akira Yamada |
| Headquarters | Umeda Center Building, 4-12, Nakazaki-nishi Nichome, Kita-ku, Osaka, Japan |
| Key people | Noriyuki Inoue (chair, CEO) Yukiyoshi Okano (president, COO) |
| Products | Air conditioning systems |
| Revenue |  1,160,330 million yen (consolidated, March 2011) |
| Operating income | 75,455 million yen (consolidated, March 2011) |
| Net income | 19,872 million yen (consolidated, March 2011) |
| Total assets |  1,132,506 million yen (consolidated, March 2011) |
| Total equity | 50,928 million yen (consolidated, March 2011) |
| Employees | 41,569 (consolidated, as of March 31, 2011) |
| Website | Daikin Industries website |
Daikin Industries, Ltd. (ダイキン工業株式会社 Daikin Kōgyō Kabushiki-gaisha) is a Japanese multinational air conditioner manufacturing company headquartered in Osaka. It has operations in Japan, China, Australia, India, Southeast Asia, Czech Republic, Europe, and North America.
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History[edit]
The company was founded in 1924 by Akira Yamada in Osaka, Japan. Daikin was founded as a chemical corporation, with a focus on air conditioning systems. It has since diversified its manufacturing division to take advantage of experience in fluorine chemistry.
In November 2006 Daikin purchased OYL Industries. This made Daikin the second largest HVAC manufacturer in the world after Carrier Corporation. Daikin codeveloped a R-410A refrigerant with Carrier and is an innovator in the Split System Air Conditioning Market, and is the inventor of Variable Refrigerant Flow (VRF) air conditioning systems (These systems are called Variable Refrigerant Volume or VRV by Daikin).
In 2008 Daikin purchased a 75% share of All World Machinery Supply based of Harvard, Illinois.[citation needed] Daikin developed the hybrid hydraulic systems[clarification needed] using technology from their Air Conditioning division. Facing the global demands on C02 reductions and the serious energy issues facing the world, this product aims to cut energy consumption[how?] in the manufacturing sector.
In August 2012 Daikin agreed to acquire Goodman Global from the San Francisco-based private equity firm Hellman & Friedman for $3.7 billion,[1] after first planning to buy Goodman the previous year. In January 2011, Daikin had announced plans to buy Goodman Global at approximately US $4 billion valuation,[2] however, the plans were put off following the 2011 Tōhoku earthquake and tsunami[3] The acquisition was expected to expand Daikin's presence in the United States and in duct-type and split-system air-conditioners, and was expected to make Daikin the world's largest maker of heating, ventilation and air-conditioning systems.[4]
Daikin is the official sponsor of Galatasaray Daikin women's volleyball team.[5][6]
Operations[edit]
Daikin is organised into the following industrial and management divisions:
- Air Conditioning
- Chemicals
- Transportation & Refrigeration Systems
- Semiconductors
- Hydraulic Equipment
- Hybrid Hydraulics
- Electronics
- Defence
- After Sales Service
- Oil Chilling units
- Core pull units for the Plastic Industry
References[edit]
- ^ "Daikin to acquire US rival Goodman Global for $3.7bn". BBC News. 29 August 2012. Retrieved 29 August 2012.
- ^ Japan's Daikin eyes Goodman Global; deal could cost $4 ln http://in.reuters.com/article/idINIndia-54157520110114
- ^ Daikin says puts efforts to buy Goodman Global on hold
- ^ "Daikin buys Goodman for $3.8 billion, gains access to North America". Reuters. 29 August 2012. Retrieved 29 August 2012.
- ^ "Bayan Voleybol Takımımızın İsim Sponsoru Daikin Türkiye Oldu". Galatasaray SK. Retrieved 16 October 2012.
- ^ "Galatasaray Bayan Voleybol Takımı'nın İsim Sponsoru Daikin Türkiye Oldu!". Daikin. Retrieved 17 October 2012.
External links[edit]
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