Daikin

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Daikin Industries, Ltd.
Type Public
Traded as TYO: 6367
OSE: 6367
Industry Electronics
Founded Osaka, Japan (February 11, 1924 (1924-02-11), 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 Increase1,160,330 million yen (consolidated, March 2011)
Operating income Increase75,455 million yen (consolidated, March 2011)
Net income Increase19,872 million yen (consolidated, March 2011)
Total assets Decrease1,132,506 million yen (consolidated, March 2011)
Total equity Decrease50,928 million yen (consolidated, March 2011)
Employees 41,569 (consolidated, as of March 31, 2011)
Website www.daikin.com

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, Europe, and North America.

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).

History[edit]

Daikin entered the North American air conditioning market in 2004.[1]


In November 2006 Daikin purchased OYL Industries. This made Daikin the second largest HVAC manufacturer in the world after Carrier Corporation.[citation needed]

In 2008 Daikin purchased a 75% share of All World Machinery Supply based on Harvard, Illinois.[citation needed] Daikin developed the hybrid hydraulic systems[clarification needed] using technology from their Air Conditioning division. Facing the global demands on CO2 reductions and the serious energy issues facing the world, this product aims to cut energy consumption[how?] in the manufacturing sector. As of April 2014, Daikin Hydraulics marketed a line of piston pumps, vane pumps, manual pumps, solenoid valves, and flow and control valves claiming their pump technology to be 50–70 percent more energy efficient than conventional technology.[2]

In August 2012 Daikin agreed to acquire Goodman Global from the San Francisco-based private equity firm Hellman & Friedman for $3.7 billion,[3] 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,[4] however, the plans were put off following the 2011 Tōhoku earthquake and tsunami[5] 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.[6][dated info]

Daikin opened its first American manufacturing facility—employing about 250 people in a 525,000 square feet (48,800 m2) facility in Houston, Texas—in 2013.[7]

Daikin is the official sponsor of Galatasaray Daikin women's volleyball team.[8][9]

Daikin, Official Sponsor of Galatasaray SK, Ali Sami Yen Sports Complex

Operations[edit]

Daikin headquarters at the Umeda Center Building in Kita-ku, Osaka

Daikin is organised into the following industrial and management divisions:

References[edit]

External links[edit]