ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print

Daikin seen hitting record profit on energy-saving A/Cs

Strong U.S. and European sales, cost cuts drive earnings higher

Workers assemble home air conditioners at a Daikin Industries plant in Japan. (Photo by Hisashi Iwato)

OSAKA -- Japan's Daikin Industries, one of the world's top air conditioner makers, is expected to report its highest net profit ever for the year ended March 31 thanks to strong sales of energy-efficient models in North America and Europe, Nikkei has learned.

Group net profit likely rose about 40% from the previous year to roughly 215 billion yen ($1.65 billion), topping the company's forecast of 210 billion yen.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more