About Daikin
Daikin is a company based in Osaka (Japan) founded in 1924 by Akira Yamada.. The company has 96,337 employees as of March 31, 2023. Daikin has completed 16 acquisitions, including AHT Cooling Systems, Airfel and Airmaster. Daikin offers products and services including Air Conditioners and Refrigeration Systems.
- Headquarter Osaka, Japan
- Employees 96337 as on 31 Mar, 2023
- Founders Akira Yamada
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Sectors
ConsumerIndustrial Goods & Manufacturing
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Phone
*********
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Website
*********
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Social
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- Legal Name Daikin Industries, Ltd
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Annual Revenue
$29.47 B (USD)28as on Mar 31, 2023
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Net Profit
$1.96 B (USD)18as on Mar 31, 2023
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EBITDA
$2.76 B (USD)14as on Mar 31, 2023
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Latest Funding Round
$338.84 K (USD), Grant
May 01, 2019
- Investors
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Employee Count
96337
as on Mar 31, 2023
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Investments & Acquisitions
AHT Cooling Systems
& 15 more
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Products & Services of Daikin
Daikin offers a comprehensive portfolio of products and services, including Air Conditioners and Refrigeration Systems. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Air conditioning solutions are delivered by Daikin for residential, commercial, and industrial settings to meet various demands
Refrigeration systems are supplied by Daikin for applications including containers and marine uses to ensure effective cooling
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Funding Insights of Daikin
- Total Funding Total Funding
- Total Rounds 2
- Last Round Grant — $338,844
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First Round
First Round
(10 Jan 2017)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2019 | Amount | Grant - Daikin | Valuation |
investors |
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| Jan, 2017 | Amount | Grant - Daikin | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Daikin
Daikin has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include European Union. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Daikin
Daikin has strategically engaged in corporate development activities, having acquired 16 companies. Notable acquisitions include AHT Cooling Systems, Airfel and Airmaster. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Installation services for various electrical equipment are provided.
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2006 | ||||
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Heating, cooling, ventilation, and solar energy systems are provided.
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2004 | ||||
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HVAC products are retailed through a nationwide chain of stores.
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1997 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Daikin
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Daikin Comparisons
Competitors of Daikin
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Daikin
Frequently Asked Questions about Daikin
When was Daikin founded?
Daikin was founded in 1924 and raised its 1st funding round 93 years after it was founded.
Where is Daikin located?
Daikin is headquartered in Osaka, Japan. It is registered at Osaka, Osaka Prefecture, Japan.
Who is the current CEO of Daikin?
Masanori Togawa is the current CEO of Daikin.
How many employees does Daikin have?
As of Mar 31, 2023, the latest employee count at Daikin is 96,337.
What is the annual revenue of Daikin?
Annual revenue of Daikin is $29.47B as on Mar 31, 2023.
What does Daikin do?
The company was founded in 1924 in Osaka, Japan, and operates in the HVAC and refrigeration sector. A range of products is offered, including mini-split AC systems, heat pumps, VRV multi-zone systems, and commercial solutions for indoor air quality. Additional items encompass industrial hydraulic equipment, missile components, oxygen therapy devices, fluoroplastics, fluorocarbons, and fine chemicals. Annual revenues of 28.84 billion and net profit of 1.89 billion were recorded in 2022.
What products or services does Daikin offer?
Daikin offers Air Conditioners and Refrigeration Systems.
How many acquisitions has Daikin made?
Daikin has made 16 acquisitions, including AHT Cooling Systems, Airfel, and Airmaster.
Who are Daikin's investors?
Daikin has 1 investor. Key investors include European Union.
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