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, fluoropaints, 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 Ratings3.5

Latest Updates

Employees (est.) (Mar 2019)76,484(+9%)
Revenue (FY, 2018)¥2.5 T(+9%)
Share Price (May 2020)¥14.9 K

Key People/Management at Daikin

Noriyuki Inoue

Noriyuki Inoue

Chairman of the Board and Chief Global Group Officer
Masanori Togawa

Masanori Togawa

Representative Director, President and CEO
Ken Tayano

Ken Tayano

Representative Director, Senior Executive Officer
Masatsugu Minaka

Masatsugu Minaka

Member of the Board, Senior Executive Officer
Jiro Tomita

Jiro Tomita

Member of the Board, Senior Executive Officer
Yuan Fang

Yuan Fang

Member of the Board
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Daikin Office Locations

Daikin has offices in Osaka, Decatur, Miami, Minneapolis and in 63 other locations
Osaka, JP (HQ)
Umeda Center Bldg., 2-4-12, Nakazaki-Nishi, Kita-ku
Vicente López, AR
2nd. floor, Av. del Libertador 1295
Chipping Norton, AU
62 Gov Macquarie Dr
Brunn am Gebirge, AT
Campus 21, Europaring F12/402
Oostende, BE
Zandvoordestraat 300
Wavre, BE
Avenue Franklin 1b
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Daikin Financials and Metrics

Daikin Revenue

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Daikin's revenue was reported to be ¥2.48 t in FY, 2018 which is a 8.3% increase from the previous period.
JPY

Revenue (Q3, 2019)

597.2b

Gross profit (Q3, 2019)

205.6b

Gross profit margin (Q3, 2019), %

34.4%

Net income (Q3, 2019)

31.7b

EBIT (Q3, 2019)

50.8b

Market capitalization (27-Apr-2020)

3.9t

Closing stock price (27-Apr-2020)

13.5k

Cash (31-Dec-2019)

450.4b

EV

4.1t
Daikin's current market capitalization is ¥3.9 t.
Annual
JPYFY, 2016FY, 2017FY, 2018

Revenue

2.0t2.3t2.5t

Revenue growth, %

12%8%

Cost of goods sold

1.3t1.5t1.6t

Gross profit

730.9b798.8b868.9b
Quarterly
JPYQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2019Q3, 2018Q1, 2019Q2, 2020Q3, 2019

Revenue

586.6b493.2b547.9b656.8b642.2b576.1b681.3b672.9b597.2b

Cost of goods sold

377.1b320.0b358.6b423.1b415.8b376.3b436.7b437.7b391.6b

Gross profit

209.5b173.2b189.3b233.7b226.4b199.8b244.6b235.2b205.6b

Gross profit Margin, %

36%35%35%36%35%35%36%35%34%
Annual
JPYFY, 2016FY, 2017FY, 2018

Cash

344.1b357.0b367.8b

Accounts Receivable

369.1b392.3b447.8b

Prepaid Expenses

60.9b68.7b74.8b

Inventories

358.3b387.2b436.4b
Annual
JPYFY, 2016FY, 2017FY, 2018

Depreciation and Amortization

85.0b94.8b99.3b

Inventories

(23.4b)(26.5b)(38.8b)

Accounts Payable

14.4b4.4b8.6b

Cash From Operating Activities

267.7b223.7b250.0b
Quarterly
JPYQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019

Depreciation and Amortization

23.3b46.7b70.9b25.2b50.4b75.9b29.5b(60.8b)93.6b

Inventories

(15.3b)(7.0b)(19.9b)(3.3b)(4.9b)(38.0b)(12.6b)(4.9b)(21.9b)

Accounts Payable

12.3b(557.0m)(6.4b)14.5b3.5b(4.0b)10.3b(8.1b)(10.6b)

Cash From Operating Activities

34.2b142.4b191.6b56.8b181.5b216.5b63.7b177.4b251.4b
JPYY, 2019

Debt/Equity

0.4 x

Debt/Assets

0.2 x

Financial Leverage

2 x
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Daikin Operating Metrics

FY, 2017FY, 2018FY, 2019

Countries

150 150 150

Manufacturing Facilities

100

Patent Applications (Dailin Industries)

1.12 k780 1.30 k

Research and Development Centers

25
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Daikin Acquisitions / Subsidiaries

Company NameDateDeal Size
Cool International Holding GmbHFebruary 22, 2019€578 m
Aaf
AAF Canada Inc
A.A.F. ENVIRONMENTAL CONTROL EPE
AAF FRANCE
AAFF, S.A. de C.V.
AAF INDIA PRIVATE LIMITED
AAF INTERNATIONAL AIR FILTRATION SYSTEMS LLC
AAF-International B.V.
AAF International s.r.o.
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Daikin Revenue Breakdown

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Daikin revenue breakdown by business segment: 8.1% from Chemicals, 89.6% from Air Conditioning and 2.3% from Other

Daikin revenue breakdown by geographic segment: 14.8% from Europe, 23.6% from Japan, 15.3% from China, 25.2% from USA, 15.6% from Asia and Oceania and 5.5% from Other

Daikin Online and Social Media Presence

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Daikin News and Updates

Global Air Filter Cartridges Market 2019-2023 - Key Vendors are 3M, Daikin Industries, Danaher, Donaldson Company & Parker Hannifin

DUBLIN, April 8, 2019 /PRNewswire/ -- The "Global Air Filter Cartridges Market 2019-2023" report has been added to ResearchAndMarkets.com's offering. The air filter cartridges market will register a CAGR of over 3% by 2023. The demand for HVAC systems in data centers is one of the key...

HVAC: Global Market Analysis & Projections, 2015-2023 with United Technologies Corporation, Ingersoll-Rand, Johnson Controls International, and Daikin Industries Dominating

DUBLIN, March 14, 2019 /PRNewswire/ -- The "Global Heating, Ventilation and Air Conditioning (HVAC) Market: Size, Trends and Forecasts (2019-2023)" report has been added to ResearchAndMarkets.com's offering. The global heating, ventilation and air conditioning (HVAC) market has increased...

Transport Refrigeration Units Market Emerging Trends and Strong Application Scope by 2024| Daikin Industries, Carrier, Ingersoll Rand, Mitsubishi Heavy Industries

This report focuses on the status, future forecast, growth opportunity, key market and key players. The Global Transport Refrigeration Units Market study objectives are to present the Market development in United States, Europe and China. The study covers important players Such as Daikin Industries,…

Custom Air Handling Units Market Phenomenal Growth 2023: Including Key Players Systemair HSK, Daikin Industries, Fl kt Woods

Stay up-to-date with Custom Air Handling Units Market offered by HTF MI. Check how key trends and emerging drivers are shaping this industry growth. Posted via Industry Today. Follow us on Twitter @IndustryToday

HVAC Terminal Units: Global Market Forecast to 2022, Led by Daikin Industries, Honeywell, Ingersoll-Rand, Johnson Controls, and United Technologies

DUBLIN, Nov. 19, 2018 /PRNewswire/ -- The "Global HVAC Terminal Units Market 2018-2022" report has been added to ResearchAndMarkets.com's offering. The HVAC terminal units market will register a CAGR of over 5% by 2022. The emergence of net zero energy buildings will result in significant ...

Fluoropolymers Market is Growing Exponentially Know Top Leading Key Players E.I. Dupont DE Nemours & Company, Gujarat Fluorochemicals Ltd. (GFL), Honeywell International Inc., Daikin Industries Limited, Solvay SA, 3M Company, Asahi Glass Co. Ltd., Kureha

Fluoropolymers are polymers characterized by numerous strong carbon-fluorine bonds. Owing to the unique attributes such as mechanical, chemical resistant and electrical insulation, fluoropolymers are considered as highly durable protective coatings in various applications such as architectural coati…
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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 76,484 employees.

  • What is Daikin revenue?

    Latest Daikin annual revenue is ¥2.5 t.

  • What is Daikin revenue per employee?

    Latest Daikin revenue per employee is ¥32.4 m.

  • Who are Daikin competitors?

    Competitors of Daikin include Haier, Fujitsu and Mitsubishi Electric.

  • Where is Daikin headquarters?

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

  • Where are Daikin offices?

    Daikin has offices in Osaka, Decatur, Miami, Minneapolis and in 63 other locations.

  • How many offices does Daikin have?

    Daikin has 75 offices.