Producer Manufacturing

DAIKIN INDUSTRIES Ltd.

In the news

Daikin to develop medical face mask with national institute Aug 4, 2020
Daikin to offer personal 'clean rooms' for germ-wary consumers Jun 25, 2020
Taiwan and Japan lead the way in post-coronavirus reopening Jun 14, 2020
In Africa, Daikin offers cool-air hailing for $1.20 a day Jun 5, 2020
Daikin combats pandemic slump with virus-killing air purifiers Jun 3, 2020

See more articles on DAIKIN INDUSTRIES Ltd.

Business Summary

DAIKIN INDUSTRIES Ltd. engages in the manufacture and sale of air conditioning equipment. It operates through the following segments: Air Conditioner and Refrigerator, Chemicals, and Others. The Air Conditioner and Refrigerator segment deals with the manufacture, distribution, and installation of air conditioning and refrigeration equipment. The Chemicals segment offers fluorocarbon gas, fluororesin, and other chemical products such as semiconductor etching agent, water and oil repellent, surfactant, carbon fluoride, and fluorine oil. The Others segment covers oil machineries, special machineries, and electronic systems. The company was founded by Akira Yamada on October 25, 1924 and is headquartered in Osaka, Japan.

Financial Highlights

Mar 2022	JPY	USD
Revenue	3,109.10B	27,667.81M
Gross Profit	1,000.53B	8,903.73M
Operating income	316,352M	2,815.20M
Income before tax	328,056M	2,919.35M
Net income	217,709M	1,937.38M
EBITDA	464,414M	4,132.80M
Diluted EPS	743.45	6.61
Dividends Per Share	200	1.77
Total Assets	3,823.99B	31,505.64M
Total liabilities	1,815.88B	14,960.95M
Total equity	1,972.23B	16,249.08M
Operating cash flow	245,071M	2,180.87M
	Currency in JPY	Currency in USD

Historical Data

JPY | USD

	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022
Revenue	2,290.56B	2,481.10B	2,550.30B	2,493.38B	3,109.10B
Gross Profit	769,102M	836,853M	837,875M	815,827M	1,000.53B
Operating income	253,740M	276,255M	265,514M	238,623M	316,352M
Income before tax	251,857M	275,310M	256,180M	238,543M	328,056M
Net income	189,052M	189,049M	170,731M	156,250M	217,709M
EBITDA	348,573M	375,570M	393,999M	372,216M	464,414M
Diluted EPS	646.08	645.94	583.21	533.65	743.45
Dividends Per Share	140	160	160	160	200
Total Assets	2,475.70B	2,700.89B	2,667.51B	3,239.66B	3,823.99B
Total liabilities	1,151.38B	1,254.03B	1,204.91B	1,541.16B	1,815.88B
Total equity	1,298.06B	1,417.79B	1,436.85B	1,667.70B	1,972.23B
Operating cash flow	223,740M	250,009M	302,166M	374,691M	245,071M

	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022
Revenue	20,666.87M	22,373.56M	23,456.30M	23,509.77M	27,667.81M
Gross Profit	6,939.32M	7,546.37M	7,706.31M	7,692.31M	8,903.73M
Operating income	2,289.40M	2,491.14M	2,442.05M	2,249.94M	2,815.20M
Income before tax	2,272.41M	2,482.62M	2,356.20M	2,249.18M	2,919.35M
Net income	1,705.74M	1,704.76M	1,570.29M	1,473.25M	1,937.38M
EBITDA	3,145.04M	3,386.72M	3,623.78M	3,509.57M	4,132.80M
Diluted EPS	5.82	5.82	5.36	5.03	6.61
Dividends Per Share	1.26	1.44	1.47	1.50	1.77
Total Assets	23,278.86M	24,401.59M	24,709.48M	29,318.20M	31,505.64M
Total liabilities	10,826.37M	11,329.78M	11,161.29M	13,947.17M	14,960.95M
Total equity	12,205.57M	12,809.27M	13,309.75M	15,092.38M	16,249.08M
Operating cash flow	2,018.72M	2,254.47M	2,779.15M	3,532.90M	2,180.87M

Valuation Measures

Mar 2022
PER	30.12
ROA	6.16%
ROE	11.96%
Operating margin	10.17%
Profit margin	7.00%

Key executives

President, CEO & Representative Director: Masanori Togawa
GM-Accounting, Finance & Manager-Budget: Koichi Takahashi
Director, EVP, Head-North America R&D: Takashi Matsuzaki
Manager-Technology Innovation Center: Yuji Yoneda
Manager-Compliance & Legal Affairs: Masafumi Yamamoto

Shareholders

Nomura Asset Management Co., Ltd. (6.0%)
Sumitomo Mitsui Financial Group, Inc. (3.0%)
Nikko Asset Management Co., Ltd. (2.8%)
Daiwa Asset Management Co. Ltd. (2.8%)
The Vanguard Group, Inc. (2.3%)
Norges Bank Investment Management (1.8%)
Mitsubishi UFJ Financial Group, Inc. (1.7%)
Capital Research & Management Co. (World Investors) (1.7%)
Norinchukin Bank Pension Fund (1.7%)
Mitsubishi UFJ Kokusai Asset Management Co., Ltd. (1.4%)

Contact Details

Website:http://www.daikin.co.jp
Address: Umeda Center Building, 19/F, 2-4-12 Nakazaki-Nishi, Osaka, 530-8323, Japan
Phone: +81.6.6373.4356

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Competitors

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Last Updated on 30 Jan, 2023