Daikin

OverviewSuggest Edit

Daikin Industries is a global manufacturer of air conditioning equipment, which also engages in the chemicals, oil hydraulics, defense, and electronics businesses. The company develops, manufactures, and sells a variety of air conditioning products, including air conditioning systems for rooms, offices, facilities, and plants, as well as air purifiers, heat-pump hot-water supply, and room-heating systems, absorption refrigerators, air-processing units, freezers, etc. Its chemical products comprise fluorocarbons, fluoroplastics, fluoroelastomers, fluoro paints, fluoro coating agents, semiconductor-etching products, water, and oil-repellent agents, pharmaceuticals, and intermediates, and dry air suppliers. Daikin also provides oil hydraulics products, such as pumps, valves, cooling equipment, lubrication units, as well as defense-related products.
TypePublic
Founded1924
HQOsaka, JP
Websitedaikin.com
Employee Ratings3.6

Latest Updates

Employees (est.) (Mar 2022)88,698(+5%)
Job Openings142
Revenue (FY, 2022)¥3.1 T(+25%)
Share Price (Aug 2022)¥23 K(-3%)
Cybersecurity ratingBMore
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Key People/Management at Daikin

Noriyuki Inoue

Noriyuki Inoue

Chairman of the Board and Chief Global Group Officer
Masanori Togawa

Masanori Togawa

President and CEO, Member of the Board
Ken Tayano

Ken Tayano

Director
Masatsugu Minaka

Masatsugu Minaka

Director
Takashi Matsuzaki

Takashi Matsuzaki

Director
Kanwal Jeet Jawa

Kanwal Jeet Jawa

Director
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Daikin Office Locations

Daikin has offices in Osaka, Kamisu, Kusatsu, Minato City and in 67 other locations
Osaka, JP (HQ)
Umeda Center Bldg., 2-4-12, Nakazaki-Nishi
Kamisu, JP
21, Sunayama, Kamisu
Kusatsu, JP
1000-2, Okamoto-cho
Minato City, JP
JR Shinagawa East Building, 2-chōme-18-1 Kōnan
Sakai, JP
Kanaoka Factory 1304 Kanaoka-cho, Kita-ku
Sakai, JP
Rinkai Factory | 3-12 Chikko-shinmachi, Nishi-ku
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Daikin Financials and Metrics

Daikin Revenue

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View revenue for all periods
Daikin's revenue was reported to be ¥3.11 t in FY, 2022
JPY

Revenue (FY, 2022)

3.1t

Gross profit (FY, 2022)

1.2t

Gross profit margin (FY, 2022), %

38.8%

Net income (FY, 2022)

225.3b

EBITDA (FY, 2022)

465.8b

EBIT (FY, 2022)

309.5b

Market capitalization (2-Aug-2022)

7.0t

Closing stock price (2-Aug-2022)

23.0k

Cash (31-Mar-2022)

817.6b

EV

7.0t
Daikin's current market capitalization is ¥7 t.
Annual
JPYFY, 2018FY, 2019FY, 2020FY, 2021FY, 2022

Revenue

2.3t2.5t2.6t2.5t3.1t

Cost of goods sold

(1.4t)(1.5t)(1.6t)(1.5t)(1.9t)

Gross profit

863.9b936.2b948.9b949.4b1.2t

Gross profit Margin, %

38%38%37%38%39%
Quarterly
JPYQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021Q1, 2022Q2, 2022Q3, 2022

Revenue

656.8b642.2b576.1b681.3b672.9b597.2b581.7b647.6b612.5b799.0b759.9b743.1b

Cost of goods sold

(398.0b)(390.6b)(350.8b)(407.2b)(406.4b)(358.7b)(348.0b)(399.8b)(347.9b)(477.5b)(477.3b)(439.2b)

Gross profit

258.8b251.6b225.3b274.1b266.5b238.5b233.7b247.7b264.6b321.4b282.6b303.9b

Gross profit Margin, %

39%39%39%40%40%40%40%38%43%40%37%41%
Annual
JPYFY, 2018FY, 2019FY, 2020FY, 2021FY, 2022

Cash

357.0b367.8b370.8b736.1b817.6b

Accounts Receivable

392.3b438.7b430.2b455.3b578.1b

Inventories

387.2b436.4b433.8b469.4b671.5b
Quarterly
JPYQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021Q1, 2022Q2, 2021Q3, 2021

Cash

388.7b417.9b442.8b401.2b382.7b450.4b638.1b730.0b734.4b728.6b807.3b756.0b

Accounts Receivable

449.9b410.5b386.2b478.4b441.3b419.9b443.3b418.9b409.6b535.7b495.6b507.1b

Prepaid Expenses

76.0b88.1b

Inventories

392.2b398.6b425.5b441.0b427.3b453.5b434.4b402.1b427.5b490.9b518.0b593.9b
Annual
JPYFY, 2018FY, 2019FY, 2020FY, 2021FY, 2022

Net Income

251.9b275.3b256.2b238.5b328.1b

Depreciation and Amortization

94.8b99.3b128.5b133.6b148.1b

Inventories

(26.5b)(38.8b)(14.3b)(7.7b)(151.0b)

Accounts Payable

4.4b8.6b(6.4b)25.0b45.5b
Quarterly
JPYQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021Q1, 2022Q2, 2022Q3, 2021

Net Income

84.7b161.6b214.9b90.2b170.3b224.2b54.8b131.6b195.1b111.4b197.1b

Depreciation and Amortization

25.2b50.4b75.9b29.5b60.8b93.6b32.5b65.2b98.0b35.9b71.6b109.4b

Inventories

(3.3b)(4.9b)(38.0b)(12.6b)(4.9b)(21.9b)1.3b32.8b15.6b(18.4b)(45.9b)(106.9b)

Accounts Payable

14.5b3.5b(4.0b)10.3b(8.1b)(10.6b)(3.5b)(3.5b)282.0m24.1b21.2b21.4b
JPYFY, 2018

Revenue/Employee

32.6m

Debt/Equity

0.4 x

Debt/Assets

0.2 x

Financial Leverage

1.9 x
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Daikin Operating Metrics

FY, 2017FY, 2018FY, 2019

Countries

150150150

Manufacturing Facilities

100

Patent Applications (Dailin Industries)

1.12 k7801.3 k

Research and Development Centers

25

Daikin Acquisitions / Subsidiaries

Company NameDateDeal Size
AHTDecember 31, 2019
Cool International Holding GmbHFebruary 22, 2019€578 m
DinairDecember 31, 2016
FlandersDecember 31, 2016
ZanottiDecember 31, 2016
GoodmanDecember 31, 2012
AirfelDecember 31, 2011
NIPPON MUKIDecember 31, 2009
ROTEXDecember 31, 2008
OYL GroupDecember 31, 2007
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Daikin Revenue Breakdown

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Daikin revenue breakdown by business segment: 91.0% from AIR CONDITIONING, 7.2% from CHEMICALS DIVERSIFIED and 1.7% from Other

Daikin revenue breakdown by geographic segment: 20.5% from JAPAN, 13.7% from ASIA AND OCEANIA, 17.8% from EUROPE, 5.6% from OTHER, 15.4% from CHINA (PEOPLES REPUBLIC) and 27.0% from UNITED STATES

Daikin Cybersecurity Score

Cybersecurity ratingPremium dataset

B

87/100

SecurityScorecard logo

Daikin Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

50-59

out of 100

CSRHub logo

Daikin Online and Social Media Presence

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Daikin News and Updates

Daikin Establishes New Heat Pump Heating Factory In Poland

Daikin Industries, Ltd. has recently decided to invest 300 million euros (equivalent to 37.5 billion yen at the exchange rate of 1 euro = 125 yen) to establish a new factory for heat pump units at the Ksawerów Industrial Park in Lodz Province, Poland. The new production base will start operations in…

Daikin Expands Patent Non-assertion Pledge For Air Conditioners Using Low Gwp Refrigerant Hfc-32

Daikin Industries, Ltd. has added 120 new patents to its “Pledge of Non-Assertion of Patents Relating to the Manufacture and Sale of HVAC-R (heating, ventilation, air conditioning, and refrigeration) Equipment Using the Single Component Refrigerant HFC-32 (R32).” Thirty of these patents relate to th…

Donation For Humanitarian Assistance In Ukraine

Daikin Industries, Ltd., as a company which operates businesses in more than 160 countries and has nearly 90,000 employees in the world, sets priority on protecting safety and health of its employees and their families. Over 1,000 Ukrainian employees work in Daikin’s European entities, such as the …

Daikin Applied Launches SiteLine Building Controls for HVAC Equipment and Systems

MINNEAPOLIS, Jan. 27, 2022 /PRNewswire/ -- Daikin Applied today introduced SiteLine™ Building Controls — a portfolio of scalable, cloud-based technologies to effortlessly connect, monitor and manage both individual pieces of HVAC equipment and integrated building systems. With SiteLine,...

Daikin Selected as an Advanced Global Company for Climate Change Measures in CDP’s “Climate Change A List”

Daikin Industries, Ltd. recently received high acclaim as a company excelling in climate change measures and corporate disclosure by its inclusion in the “A List” compiled by CDP, an international environmental non-profit organization that operates a global environmental information disclosure syste…

Daikin Air Conditioner Launches Meditative ‘Think About the Air You Breathe’ Ad

BWM Isobar has partnered with air conditioning brand Daikin for ‘Perfecting the Air’ – an integrated campaign led by a TV commercial and online film which actually feels more like a breathing exercise than an ad.
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Daikin Frequently Asked Questions

  • When was Daikin founded?

    Daikin was founded in 1924.

  • Who are Daikin key executives?

    Daikin's key executives are Noriyuki Inoue, Masanori Togawa and Ken Tayano.

  • How many employees does Daikin have?

    Daikin has 88,698 employees.

  • What is Daikin revenue?

    Latest Daikin annual revenue is ¥3.1 t.

  • What is Daikin revenue per employee?

    Latest Daikin revenue per employee is ¥35.1 m.

  • Who are Daikin competitors?

    Competitors of Daikin include Mitsubishi Chemical Holdings, Dais and Johnson Controls.

  • Where is Daikin headquarters?

    Daikin headquarters is located at Umeda Center Bldg., 2-4-12, Nakazaki-Nishi, Osaka.

  • Where are Daikin offices?

    Daikin has offices in Osaka, Kamisu, Kusatsu, Minato City and in 67 other locations.

  • How many offices does Daikin have?

    Daikin has 80 offices.