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Daikin Industries
-4.5%
Machinery & equipment / Air Conditioning and Heating Manufacturing
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Daikin Industries, Ltd. is a Japanese multinational company that specializes in air conditioning, heating, refrigeration, chemical, and defense systems. The company was founded in 1924 by Akira Yamada and has since grown to become one of the largest manufacturers of air conditioning systems in the world.
The company’s headquarters is located in Osaka, Japan, and it has a global presence, operating in over 150 countries. Daikin employs more than 80,000 people worldwide and is known for its innovative technology and energy-efficient products.
Daikin’s product line includes residential and commercial air conditioning systems, heat pumps, ventilation systems, and refrigeration units. The company is also involved in the development and manufacturing of chemicals and fluorochemical products, such as industrial refrigerants and high-performance coatings.
In recent years, Daikin has been focusing on sustainability and has set ambitious environmental goals, such as achieving carbon neutrality by 2050. The company is also committed to promoting energy-efficient solutions and reducing its carbon footprint through its products and operations.
Daikin has received numerous awards and recognition for its products and efforts towards sustainability. In 2019, the company was ranked as one of the world’s most innovative companies by Forbes magazine.
Overall, Daikin Industries is a leading player in the air conditioning and refrigeration industry, with a commitment to providing reliable, efficient, and sustainable solutions for customers worldwide.
The company’s headquarters is located in Osaka, Japan, and it has a global presence, operating in over 150 countries. Daikin employs more than 80,000 people worldwide and is known for its innovative technology and energy-efficient products.
Daikin’s product line includes residential and commercial air conditioning systems, heat pumps, ventilation systems, and refrigeration units. The company is also involved in the development and manufacturing of chemicals and fluorochemical products, such as industrial refrigerants and high-performance coatings.
In recent years, Daikin has been focusing on sustainability and has set ambitious environmental goals, such as achieving carbon neutrality by 2050. The company is also committed to promoting energy-efficient solutions and reducing its carbon footprint through its products and operations.
Daikin has received numerous awards and recognition for its products and efforts towards sustainability. In 2019, the company was ranked as one of the world’s most innovative companies by Forbes magazine.
Overall, Daikin Industries is a leading player in the air conditioning and refrigeration industry, with a commitment to providing reliable, efficient, and sustainable solutions for customers worldwide.
What is special about the company?
1. Pioneering Technologies: Daikin is renowned for its innovative and cutting-edge technologies in the field of air conditioning, heating, and refrigeration. The company continuously invests in research and development to bring new and advanced products to the market.
2. Global Presence: Daikin has a global presence in over 150 countries and regions, with manufacturing facilities in more than 70 locations. Its extensive network allows the company to serve customers in various industries and climates worldwide.
3. Environmental Sustainability: Daikin has a strong commitment to sustainability and has implemented various initiatives to reduce its environmental impact. The company’s products are designed to be energy-efficient and use eco-friendly refrigerants.
4. Quality and Reliability: Daikin has a strong reputation for manufacturing high-quality and reliable products. The company adheres to strict quality control standards and regularly conducts product testing to ensure customer satisfaction.
5. Diverse Product Portfolio: Daikin offers a wide range of products for residential, commercial, and industrial use, including air conditioners, heat pumps, chillers, and refrigerators. This diversity allows the company to cater to different market segments and customer needs.
6. Customer Support: Daikin strives to provide excellent customer support and services. The company has a comprehensive support network, with trained technicians and service centers around the world to provide timely and efficient assistance to customers.
7. Corporate Social Responsibility: Daikin is committed to social responsibility and engages in various community initiatives and charitable programs. The company also supports and encourages its employees to participate in volunteering and giving back to the community.
8. Employee Development: Daikin values its employees and invests in their development and growth. The company provides training and opportunities for employees to enhance their skills and advance their careers.
9. Strong Financial Performance: Daikin has maintained stable financial performance over the years, with consistent revenue growth and profitability. This financial stability allows the company to invest in research and development and expand its global presence.
10. Vision and Values: Daikin has a clear vision to become the world’s leading air conditioning company, while also promoting its core values of integrity, innovation, and commitment to the environment and society. These values guide the company’s operations and decision-making processes.
2. Global Presence: Daikin has a global presence in over 150 countries and regions, with manufacturing facilities in more than 70 locations. Its extensive network allows the company to serve customers in various industries and climates worldwide.
3. Environmental Sustainability: Daikin has a strong commitment to sustainability and has implemented various initiatives to reduce its environmental impact. The company’s products are designed to be energy-efficient and use eco-friendly refrigerants.
4. Quality and Reliability: Daikin has a strong reputation for manufacturing high-quality and reliable products. The company adheres to strict quality control standards and regularly conducts product testing to ensure customer satisfaction.
5. Diverse Product Portfolio: Daikin offers a wide range of products for residential, commercial, and industrial use, including air conditioners, heat pumps, chillers, and refrigerators. This diversity allows the company to cater to different market segments and customer needs.
6. Customer Support: Daikin strives to provide excellent customer support and services. The company has a comprehensive support network, with trained technicians and service centers around the world to provide timely and efficient assistance to customers.
7. Corporate Social Responsibility: Daikin is committed to social responsibility and engages in various community initiatives and charitable programs. The company also supports and encourages its employees to participate in volunteering and giving back to the community.
8. Employee Development: Daikin values its employees and invests in their development and growth. The company provides training and opportunities for employees to enhance their skills and advance their careers.
9. Strong Financial Performance: Daikin has maintained stable financial performance over the years, with consistent revenue growth and profitability. This financial stability allows the company to invest in research and development and expand its global presence.
10. Vision and Values: Daikin has a clear vision to become the world’s leading air conditioning company, while also promoting its core values of integrity, innovation, and commitment to the environment and society. These values guide the company’s operations and decision-making processes.
What the company's business model?
The Daikin Industries company’s business model is focused on developing, manufacturing, and selling air conditioning, refrigeration, and chemical solutions for residential, commercial, and industrial use. They also offer various aftermarket services such as maintenance, installation, and repair for their products. The company operates globally, with a strong emphasis on research and development, quality control, and customer service. They aim to provide cutting-edge technology, energy-efficient products, and sustainable solutions to meet the ever-growing demand for comfort and environmental consciousness in the market. Additionally, Daikin also places a high value on corporate social responsibility and community engagement, making it an integral part of their business model.
Interesting facts about the company
1. Daikin Industries is a Japanese multinational air conditioning manufacturing company that was founded in 1924 by Akira Yamada. It is headquartered in Osaka, Japan.
2. The company was originally named Osaka Kinzoku Kogyosho (Osaka Metal Works) and initially focused on the production of radiators and aircraft parts.
3. The name Daikin was created by combining the first kanji characters from the founder’s name (大) and from the company’s original name (金).
4. In 1951, Daikin launched their first air conditioning unit, becoming the first company in Japan to commercialize a split-system air conditioner.
5. Daikin has a global presence with operations in more than 150 countries and regions, including manufacturing facilities in 72 locations.
6. The company is involved in multiple industries, including air conditioning, fluorochemicals, oil hydraulics, defense, and electronics.
7. In addition to air conditioning units, Daikin also produces refrigerants, water coolers, oil filters, oil cooling units, and fluid couplings.
8. Daikin has a strong focus on sustainability and has set targets to reduce their environmental impact, including reducing greenhouse gas emissions and energy consumption.
9. The company has received multiple awards and recognitions for their innovative products and technologies, including their VRV (Variable Refrigerant Volume) system.
10. Daikin has a strong emphasis on research and development and invests around 2% of its annual sales into R&D activities. They also collaborate with universities and research institutes to further their technological advancements.
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2. The company was originally named Osaka Kinzoku Kogyosho (Osaka Metal Works) and initially focused on the production of radiators and aircraft parts.
3. The name Daikin was created by combining the first kanji characters from the founder’s name (大) and from the company’s original name (金).
4. In 1951, Daikin launched their first air conditioning unit, becoming the first company in Japan to commercialize a split-system air conditioner.
5. Daikin has a global presence with operations in more than 150 countries and regions, including manufacturing facilities in 72 locations.
6. The company is involved in multiple industries, including air conditioning, fluorochemicals, oil hydraulics, defense, and electronics.
7. In addition to air conditioning units, Daikin also produces refrigerants, water coolers, oil filters, oil cooling units, and fluid couplings.
8. Daikin has a strong focus on sustainability and has set targets to reduce their environmental impact, including reducing greenhouse gas emissions and energy consumption.
9. The company has received multiple awards and recognitions for their innovative products and technologies, including their VRV (Variable Refrigerant Volume) system.
10. Daikin has a strong emphasis on research and development and invests around 2% of its annual sales into R&D activities. They also collaborate with universities and research institutes to further their technological advancements.
See Company Due Diligence:
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