This article needs additional citations for verification. (April 2023) |
Daikin Industries, Ltd. (
Company type | Public (K.K) |
---|---|
TYO: 6367 TOPIX Large 70 Component Nikkei 225 Component | |
Industry | Conglomerate |
Founded | 25 October 1924 |
Founder | Akira Yamada |
Headquarters | Umeda Center Bldg., 2-4-12, Nakazaki-Nishi, Kita-ku, Osaka 530-8323, Japan |
Key people | Masanori Togawa, (CEO and President) |
Products | Home appliances Chemicals Medical equipments Electronics Oil hydraulics Defense systems |
Revenue | ¥3.109 trillion($19.98B)(2022)[1] |
¥316.3 billion($2.03B) (2022)[1] | |
¥217.7 billion ($1.4B)(2022)[1] | |
Total assets | ¥3.823 trillion($24.57B) (2022)[1] |
Total equity | ¥1.969 trillion ($12.65B)(2022)[1] |
Number of employees | 88,000 (2022)[1] |
Website | daikin.com |
Footnotes / references [2][3][4] |
History
editDaikin Industries Ltd was founded in 1924 as Ōsaka Metalworking Industries LP (
Daikin entered the North American air conditioning market in 2004.[7]
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.[8] In 2008, McQuay International was rebranded 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 rebranded as Daikin Applied,[9] ending 80 years of business for the McQuay name in the United States. Meanwhile, the McQuay brand continues to be used in China and Hong Kong.[10]
In the filtration realm, Daikin acquired American Air Filter (AAF) in 2007,[11] and Flanders in 2016.[12] The resulting entity is known both as AAF International and AAF Flanders.
In 2008, Daikin purchased a 75% share of All World Machinery Supply based in Roscoe, Illinois.[13] In 2009, Daikin Airconditioning Philippines was established.[14]
In August 2012 Daikin agreed to acquire Goodman Global from the San Francisco-based private equity firm Hellman & Friedman for $3.7 billion,[15] after first planning to buy Goodman the previous year. In January 2011, Daikin had announced plans to buy Goodman Global at approximately US$4 billion valuation;[16] however, the plans were delayed for a year by the 2011 Tōhoku earthquake and tsunami.[17] The acquisition was expected to expand Daikin's presence in the United States and in duct-type and split-system air-conditioners, and was expected to make Daikin the world's largest maker of heating, ventilation and air-conditioning systems.[18][needs update][19]
As of April 2014[update], Daikin Hydraulics marketed a line of piston pumps, vane pumps, manual pumps, solenoid valves, and flow and control valves, claiming their pump technology to be 50–70 percent more energy efficient than conventional technology.[20]
In 2017, Daikin opened the Daikin Texas Technology Park, its largest plant and the fifth largest factory in the world. Costing $417 million, this 4.1-million-square-foot facility in Waller, Texas, will consolidate Goodman's manufacturing operations.[21][22]
As of 2021, other companies representing additional Daikin brands include Motili and Quietflex.[23]
On March 2, 2023, Daikin announced they had acquired the San Diego-based custom air-handling equipment manufacturer Alliance Air Products.[24]
Centennial celebration
editOn April 28, 2024, Daikin Philippines President Takayoshi Miki, historically hosted its first fun run, “Daikin: Run for Clean Air 2024” at Bridgetowne with 800 runners.[25] On May 21, 2024, Daikin Industries, led by President & CEO, Masanori Togawa with Chief global group officer and board chair, Noriyuk Inhoue, celebrated its centennial founding with a commemorative ceremony attended by 2,000 at The Symphony Hall to further support its "Forests for the Air" project.[26]
Business divisions and products
editDaikin is organised into the following divisions, offering the following products:[2][27]
- Air conditioning
- Residential air conditioners
- Residential air purifiers
- Commercial-use air conditioners
- Commercial-use air purifiers
- Humidity-adjusting external air-processing units
- Large-sized chillers
- Marine container refrigeration units
- Marine vessel air conditioners
- Chemicals
- Fluorocarbons
- Fluoroplastics
- Fluoro coatings
- Fluoroelastomers
- Fluorinated oils
- Oil- and water-repellent products
- Mold release agents
- Pharmaceuticals and intermediates
- Semiconductor-etching products
- Dry air suppliers
- Air filtration
- Oil hydraulics
- Industrial hydraulic equipment and systems
- Mobile hydraulic equipment
- Centralized lubrication equipment and systems
- Medical equipment
- Rebreathers and similar equipment
- Home-use oxygen therapy equipment
- Electronics business
- System management of product development process
- Facility design
CAD software - Molecular chemistry software
Daikin Industries, Ltd.
editIn August 2016, Daikin Industries Ltd opened a fully functional headquarters in Cairo, Egypt. Daikin Cairo[28] is yet another move for the company to establish business in Africa. Plans are underway to open more headquarters.
Gallery
edit-
Akira Yamada, the founder of Daikin Industries
-
Daikin Air Conditioner at Tennōji Station
-
DAI-EL thermoplastic fluoroelastomer produced by Daikin
-
Neon sign of Daikin Industries (near Shin-Ōsaka Station)
References
edit- ^ a b c d e f "Daikin Annual Report 2022" (PDF). Daikin. Retrieved 6 April 2023.
- ^ a b "Corporate Data". Archived from the original on 8 November 2018. Retrieved 30 November 2018.
- ^ "Annual Report 2021" (PDF). Retrieved 5 April 2022.
- ^ "Daikin Financial Statements". Bloomberg Businessweek. Retrieved 24 July 2014.[dead link]
- ^ "The World's Biggest Air-Conditioning Company Braces for a Hotter Future". Bloomberg. 10 March 2022. Retrieved 14 May 2023 – via www.bloomberg.com.
- ^ "World's Biggest Air-Conditioner Maker Doubles Down on India". Bloomberg. 28 September 2022. Retrieved 14 May 2023 – via www.bloomberg.com.
- ^ "Daikin AC Takes on North America". ContractingBusiness.com. 1 February 2006. Retrieved 8 April 2014.
- ^ "Daikin Industries Acquires O.Y.L., McQuay". Retrieved 30 November 2016.
- ^ "Daikin McQuay Rebrands to Daikin" (PDF) (Press release). Daikin Applied. 19 November 2013. Archived from the original (PDF) on 4 April 2015. Retrieved 30 November 2016.
- ^ "McQuay International". Daikin Industries. 12 August 2021.
- ^ "Daikin to become leading supplier of air filters with acquisition of Nippon Muki". Archived from the original on 1 August 2021. Retrieved 31 July 2021.
- ^ "Daikin acquires US filter manufacturer Flanders for US$430m". Retrieved 31 July 2021.
- ^ "Daikin acquired a hydraulic equipment distributor All World Machinery Getting down to solution business in the US end user market with their own base - News Release - Daikin Industries, Ltd". Archived from the original on 5 April 2019. Retrieved 2 August 2016.
- ^ "Daikin About Us | Daikin Philippines". Daikin Philippines. Archived from the original on 25 May 2018. Retrieved 5 June 2018.
- ^ "Daikin to acquire US rival Goodman Global for $3.7bn". BBC News. 29 August 2012. Retrieved 29 August 2012.
- ^ Murai, Reiji. "Japan's Daikin eyes Goodman Global; deal could cost $4 bln". IN. Archived from the original on 30 November 2018. Retrieved 5 June 2018.
- ^ "Daikin says puts efforts to buy Goodman Global on hold". Reuters. 1 April 2011. Retrieved 5 June 2018.
- ^ "Daikin buys Goodman for $3.8 billion, gains access to North America". Reuters. 29 August 2012. Archived from the original on 15 July 2017. Retrieved 29 August 2012.
- ^ "On outskirts of Houston, giant HVAC plant employs thousands". 21 May 2017.
- ^ "Daikin Piston Pumps, Vane Pumps, Manual Pumps, Solenoid Valves, Directional, Flow and Control Valves". All World Machinery Supply. Retrieved 29 August 2019.
- ^ "Peek inside Daikin's new $417 million manufacturing hub". Houston Business Journal.
- ^ "Daikin officially opens US plant". 25 May 2017.
- ^ "Our Brands". Daikin. Retrieved 25 June 2023.
- ^ Applied, Daikin. "Daikin Applied Acquires Custom Air-Handler Manufacturer Alliance Air Products". www.prnewswire.com (Press release). Retrieved 25 June 2023.
- ^ "Daikin's centennial celebration: A milestone fun run with a purpose". The Philippine Star. 14 May 2024. Retrieved 22 May 2024.
- ^ "Daikin celebrates 100 years". coolingpost.com. 21 May 2024. Retrieved 22 May 2024.
- ^ "Annual Report 2013" (PDF). Archived from the original (PDF) on 4 April 2015. Retrieved 24 July 2014.
- ^ "Customers". www.daikinmea.com.
External links
editMedia related to Daikin Industries at Wikimedia Commons
- Official website
- "Company history books (Shashi)". Shashi Interest Group. April 2016. Wiki collection of bibliographic works on Daikin