Daikin, the world’s leading provider of air conditioning, heating, ventilation, and refrigeration solutions (HVAC-R), celebrates its 100th anniversary in 2024.
Founded in Osaka, Japan in 1924, Daikin has grown into a global powerhouse operating in over 170 countries with manufacturing facilities scattered worldwide.
Daikin is known for its products and services that harness the power of air to create healthy and comfortable spaces, responding to the diverse cultures and values of its global clientele.
Record Sales
Marking this significant milestone, Daikin achieved its best sales results ever, recording 4395.3 billion yen (28 billion euro) worldwide. Hasan Onder, President of Daikin Middle East, Turkey and Africa, commented on the celebration, highlighting Daikin’s legacy of innovation and growth.
He emphasized the company’s DNA is driven by a constant pursuit of advanced technologies that set industry standards. By embracing local needs, Daikin ensures its solutions cater to the specific cultural and environmental demands of each region.
Onder recognizes Daikin’s responsibility as a leader extends beyond technological advancements. Their focus on sustainable cooling solutions reflects their commitment to promoting sustainable practices and reducing environmental impact.
Looking ahead, Daikin remains dedicated to prioritizing innovation, local engagement, and sustainability to ensure they stay at the forefront of the HVAC-R industry for the next century and beyond.
Daikin’s Journey
The company’s journey began in October 1924 as Osaka Metal Industries, a limited partnership. Initially producing radiator tubes for aircraft, Daikin has transformed into a successful multinational corporation.
They boast both an air-conditioning business and a fluorochemical business, with a history of numerous firsts. These include developing Japan’s first commercial refrigeration system in the 1930s, the first packaged air conditioners in the 1950s, and VRV multi-split commercial air conditioners in 1982.
Today, Daikin has over 120 production sites globally, providing products and services that cater to diverse cultural and environmental needs, with a mission to make people and spaces healthy and comfortable through the power of air.
To commemorate Daikin’s global leadership, they held a ceremony on May 21st at The Symphony Hall in Osaka, Japan.
Chairman of the Board and Global Group Representative Noriyuki Inoue reflected on Daikin’s remarkable journey and expressed optimism for the future.
“From a small factory of 15 people at our founding, we have transformed Daikin into a global company with operations in more than 170 countries worldwide, and I am personally mindful of just how far we have come,” said Noriyuki Inoue, Chairman of the Board and Chief Global Group Officer, reflecting on the company’s growth at the ceremony. Inoue also expressed his expectations toward future growth, mentioning “With the spirit of learning from the past and applying those lessons to the future, we would like to further refine our technological capabilities, which are the lifeline for a manufacturer, and contribute to society through our technologies.”
