| Type | Public |
|---|---|
| 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 Japan-based multinational corporation present in Japan, China, Australia, India, Southeast Asia, Europe, and North America.
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. According to Salvatore Re, Daikin's business development manager in Europe, "Fluorochem has a lot to offer this [the fiber-optics] industry. Long term, we aim to develop other materials, such as optical polymers for fibers and components."[1]
Today, Daikin has eight separate industrial and management divisions focusing on the corresponding fields of:
In November 2006 Daikin purchased OYL Industries. This made Daikin the second largest HVAC manufacturer in the world after Carrier Corporation. Daikin also 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 January, 2011, Daikin announced plans to buy Goodman Global at around US $4 billion, which would have made the joint entity surpass United Technologies Corp unit Carrier.[2] Howver, the plans were put off following the 2011 Tōhoku earthquake and tsunami[3]
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