Daikin
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| Public KK | |
| Traded as | : OSE: 6367 TOPIX Large 70 Component TOPIX 100 Component Nikkei 225 Component |
| Industry | Electrical equipment |
| Founded | Osaka, Japan (October 25, 1924, as Osaka Kinzoku Kogyo Limited Partnership) |
| Founder | Akira Yamada |
| Headquarters | Umeda Center Bldg., 2-4-12, Nakazaki-Nishi, Kita-ku, Osaka 530-8323, Japan |
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Key people
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Masanori Togawa, (CEO and President) |
| Products |
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| Revenue | (¥ 1,783 billion) (FY 2014) |
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Number of employees
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56,240 (consolidated, as of March 31, 2014) |
| Website | Official website |
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Footnotes / references |
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$ 904.1 million (FY 2014)
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, Philippines, Southeast Asia, Europe, North America, and South America.
Daikin is the inventor of variable refrigerant volume systems (or VRV by Daikin air conditioning, other manufacturers remarked this as VRF) and an innovator in the split system air conditioning market. Daikin codeveloped a R-410A refrigerant with Carrier.
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.
Daikin entered the North American air conditioning market in 2004.
In 2006, Daikin Industries acquired McQuay International, a Minneapolis, MN based global corporation that designs, manufacturers and sells commercial, industrial and institutional heating, ventilation and air conditioning (HVAC) products, and in November of the same year, purchased OYL Industries. These acquisitions made Daikin Industries, a major global HVAC manufacturer, rivaling Carrier Corporation in total number of products produced, total dollar volume and worldwide territory coverage. In 2008, McQuay International was re-branded as Daikin-McQuay as Daikin began implementing many of its technologies (including the Daikin Inverter Compressor) and manufacturing processes into McQuay equipment and factories. However, in November 2013, the Daikin-McQuay group was again re-branded as Daikin Applied, ending 80 years of business for the McQuay name.
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