Daikin Industries Ltd. (TSE: 6367.T)
Building Products & Equipment ยท Osaka, Japan ยท Founded 1924
- Market capitalization: $50.0 billion
- Annual revenue: $30.0 billion
- Net income: $2.0 billion
- Employees: 98,000
- Sector: Industrials
- Headquarters: Osaka, Japan
- Founded: 1924
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Daikin is the world's largest air conditioning manufacturer, headquartered in Osaka, Japan. They make everything from residential split systems to massive commercial HVAC units, and they're also a major producer of fluorochemicals and refrigerants. Global warming is, ironically, great for their business.
Sell HVAC equipment and refrigerants to residential, commercial, and industrial customers worldwide. The installed base creates recurring revenue from maintenance, parts, and refrigerant refills. They also earn from fluorochemical sales to other industries.
Founded in 1924 in Osaka, Daikin expanded globally through acquisitions including Goodman Manufacturing (US) in 2012 for $3.7 billion. That deal gave them access to the massive North American residential market. They've been investing heavily in heat pump technology for the European market.
| Market Capitalization | $50.0B |
| Annual Revenue | $30.0B |
| Net Income | $2.0B |
| Profit Margin | 7% |
| Revenue per Employee | $306122K |
| Stock Exchange | TSE |
| Ticker Symbol | 6367.T |
Financial data is approximate and based on most recent annual filings.
Daikin invented the VRV (Variable Refrigerant Volume) system in 1982, which revolutionized commercial air conditioning. The company produces both the HVAC equipment and the refrigerants that go inside โ vertical integration that competitors can't match.
Daikin benefits from both global warming (more AC demand) and the energy transition (heat pumps replacing gas boilers). It's a rare company that wins regardless of the climate debate's outcome.
What is Daikin Industries Ltd.'s revenue?
Daikin Industries Ltd. generates approximately $30.0 billion in annual revenue.
How many employees does Daikin Industries Ltd. have?
Daikin Industries Ltd. employs approximately 98,000 people worldwide.
What is Daikin Industries Ltd.'s market cap?
Daikin Industries Ltd. (6367.T) has a market capitalization of approximately $50.0 billion on the TSE.
When was Daikin Industries Ltd. founded?
Daikin Industries Ltd. was founded in 1924 and is headquartered in Osaka, Japan.
Who is the CEO of Daikin Industries Ltd.?
Masanori Togawa is the current CEO of Daikin Industries Ltd..
What is Daikin Industries Ltd.'s website?
Daikin Industries Ltd.'s official website is daikin.com.
| CEO | Masanori Togawa |
| Sector | Industrials |
| Industry | Building Products & Equipment |
| Founded | 1924 |
| HQ | Osaka |
| Country | Japan |
| Website | daikin.com |
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