|Traded as||TYO: 6367
TOPIX 100 Component
Nikkei 225 Component
|Founded||Osaka, Japan (October 25, 1924 , as Osaka Kinzoku Kogyo Limited Partnership)|
|Headquarters||Umeda Center Bldg., 2-4-12, Nakazaki-Nishi, Kita-ku, Osaka 530-8323, Japan|
|Masanori Togawa, (CEO and President)|
|Revenue||¥ 1,783 billion) (FY 2014)|
$ 904.1 million (FY 2014)(¥ 91.88 billion) (FY 2014)
Number of employees
|56,240 (consolidated, as of March 31, 2014)|
|Footnotes / references
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).
||The examples and perspective in this section deal primarily with the United States and do not represent a worldwide view of the subject. (May 2014)|
Daikin entered the North American air conditioning market in 2004.
Daikin Industries Ltd was founded in 1924 as Osaka Kinzoku Kogyosho LP by Akira Yamada. In 1953, Daiflon or polychlorotrifluoroethylene was developed. In 1963 the company was renamed Daikin Kogyo Co Ltd and developed Neoflon. In 1982 it was renamed to the current Daikin Industries Ltd. In November 2006 Daikin purchased OYL Industries. This made Daikin the second largest HVAC manufacturer in the world after Carrier Corporation.
In 2008 Daikin purchased a 75% share of All World Machinery Supply based on Harvard, Illinois. 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[update], 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.
In August 2012 Daikin agreed to acquire Goodman Global from the San Francisco-based private equity firm Hellman & Friedman for $3.7 billion, 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, however, the plans were put off following the 2011 Tōhoku earthquake and tsunami 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.[dated info]
Business divisions and products
- Air Conditioning
- Residential air conditioners
- Residential air purifiers
- Commercial-use air conditioners
- Commercial-use air purifiers
- Humidity-adjusting external air-processing units
- Large-sized chillers
- Marine container refrigeration units
- Marine vessel air conditioners
- Oil Hydraulics
- Industrial hydraulic equipment and systems
- Mobile hydraulic equipment
- Centralized lubrication equipment and systems
- Defense Systems
- Electronics business
- System management of product development process
- Facility design CAD software
- Molecular chemistry software
- "Corporate Data". Retrieved July 24, 2014.
- "Financial Report 2014" (PDF). Retrieved July 24, 2014.
- "Daikin Financial Statements". Bloomberg Businessweek. Retrieved July 24, 2014.
- "Daikin AC Takes on North America". ContractingBusiness.com. 2006-02-01. Retrieved 2014-04-08.
- "Daikin Piston Pumps, Vane Pumps, Manual Pumps, Solenoid Valves, Directional, Flow and Control Valves". Devco. Retrieved 2014-04-08.
- "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 bln
- 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.
- Ryan, Molly (2013-11-07). "Daikin launches U.S. power play from Houston HVAC plant". Houston Business Journal. Retrieved 2014-04-08.
- "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.
- "Annual Report 2013" (PDF). Retrieved July 24, 2014.
- Daikin Industries, Ltd.
- Daikin Europe N.V.
- Daikin Airconditioning UK Ltd.
- Daikin North America LLC
- Daikin Australia