ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronEye IconIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailMenu BurgerPositive ArrowIcon PrintIcon SearchSite TitleTitle ChevronIcon Twitter
Producer Manufacturing

Daikin Industries Ltd.

  • 14,255.00 JPY
  • -80.00
  • -0.56%
  • Japan
    Sep 17, 2019
  • Ticker
    TKS(6367)
  • Prev. close
    14,335
  • Market cap (JPY)
    4,201.78B
  • Market cap (USD)
    38,822.76M
  • Shares
    293.11M

Business Summary

DAIKIN INDUSTRIES Ltd. engages in the manufacture and sale of air conditioning equipment. It operates through the following segments: Air Conditioning and Refrigeration Business, Chemicals and Others. The Air Conditioning and Refrigeration Business segment provides residential air conditioners, residential air purifiers, commercial-use air conditioners, commercial-use air purifiers, large-sized chillers, marine container refrigeration units and marine vessel air conditioners. The Chemicals segment provides fluoropolymers, fine chemical products, fluorocarbons and chemical engineering machinery. The Others segment includes oil hydraulic, defense systems and electronics businesses. The company was founded by Akira Yamada on October 25, 1924 and is headquartered in Osaka, Japan.

Financial Highlights

Mar 2019 JPYUSD
Revenue2,481.10B22,373.56M
Gross Profit836,853M7,546.37M
Operating income276,255M2,491.14M
Income before tax275,310M2,482.62M
Net income189,049M1,704.76M
EBITDA375,570M3,386.72M
Diluted EPS645.945.82
Dividends Per Share1601.44
Total Assets2,700.89B24,401.59M
Total liabilities1,254.03B11,329.78M
Total equity1,417.79B12,809.27M
Operating cash flow250,009M2,254.47M
Currency in JPYCurrency in USD

Historical Data

 Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019
Revenue 1,915.01B 2,043.69B 2,043.96B 2,290.56B 2,481.10B
Gross Profit 627,137M 684,034M 704,189M 769,102M 836,853M
Operating income 190,587M 217,872M 230,770M 253,740M 276,255M
Income before tax 192,508M 206,183M 230,609M 251,857M 275,310M
Net income 119,674M 136,986M 153,938M 189,052M 189,049M
EBITDA 268,353M 302,074M 315,799M 348,573M 375,570M
Diluted EPS 409.75 468.84 526.42 646.08 645.94
Dividends Per Share 100 120 130 140 160
Total Assets 2,263.98B 2,191.10B 2,356.14B 2,475.70B 2,700.89B
Total liabilities 1,215.67B 1,153.63B 1,220.53B 1,151.38B 1,254.03B
Total equity 1,025.71B 1,015.52B 1,112.71B 1,298.06B 1,417.79B
Operating cash flow 160,423M 226,186M 267,663M 223,740M 250,009M
 Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019
Revenue 17,431.95M 17,018.80M 18,875.38M 20,666.87M 22,373.56M
Gross Profit 5,708.69M 5,696.28M 6,502.95M 6,939.32M 7,546.37M
Operating income 1,734.87M 1,814.32M 2,131.08M 2,289.40M 2,491.14M
Income before tax 1,752.35M 1,716.98M 2,129.59M 2,272.41M 2,482.62M
Net income 1,089.36M 1,140.74M 1,421.56M 1,705.74M 1,704.76M
EBITDA 2,442.75M 2,515.51M 2,916.30M 3,145.04M 3,386.72M
Diluted EPS 3.72 3.90 4.86 5.82 5.82
Dividends Per Share 0.91 0.99 1.20 1.26 1.44
Total Assets 18,878.37M 19,494.68M 21,144.64M 23,278.86M 24,401.59M
Total liabilities 10,136.98M 10,264.12M 10,953.38M 10,826.37M 11,329.78M
Total equity 8,552.98M 9,035.33M 9,985.78M 12,205.57M 12,809.27M
Operating cash flow 1,460.29M 1,883.56M 2,471.78M 2,018.72M 2,254.47M

Valuation Measures

Mar 2019
PER20.06
ROA7.30%
ROE13.92%
Operating margin11.13%
Profit margin7.61%

Key executives

  • President, CEO & Representative Director: Masanori Togawa
  • Director, Head-Budget, GM-Finance & Accounting: Koichi Takahashi
  • Executive Officer, Head-Compliance & Legal Affairs: Masafumi Yamamoto
  • Representative Director & Executive Vice President: Ken Tayano
  • Director & Executive Vice President: Masatsugu Minaka

Shareholders

  • Nomura Asset Management Co., Ltd. (6.1%)
  • Sumitomo Mitsui Trust Asset Management Co., Ltd. (4.2%)
  • Nikko Asset Management Co., Ltd. (3.3%)
  • Sumitomo Mitsui Financial Group, Inc. (3.0%)
  • Daiwa Asset Management Co. Ltd. (2.6%)
  • The Vanguard Group, Inc. (2.3%)
  • Norges Bank Investment Management (2.0%)
  • Mitsubishi UFJ Financial Group, Inc. (1.7%)
  • Norinchukin Bank Pension Fund (1.7%)
  • Mitsubishi UFJ Kokusai Asset Management Co., Ltd. (1.2%)

Contact Details

  • Website:http://www.daikin.co.jp
  • Address: Umeda Center Building, 19/F, 2-4-12 Nakazaki-Nishi, Osaka, 530-8323, Japan
  • Phone: +81.6.6373.4312

Related Companies

  • Daikin Refrigerants Europe GmbH
  • Daikin North America LLC
  • Daikin Applied Europe SpA
  • Daikin Mcquay Ar Condicionado Brasil Ltda.
  • Daikin McQuay Mexico S RL CV
  • Daikin Tradings Services (Shanghai) Co. Ltd.
  • Daikin Klima Pazzarlama Ltd. Sirketi
  • Daikin-McQuay Middle East FZE
  • McQuay LLC
  • Daikin Vietnam JSC
  • Daikin Hungary Kft
  • Daikin Isitma ve Sogutma Sistemleri Sanayi Ticaret AS
  • Abbar & Zainy Daikin Airconditioning Co. Ltd.
  • Daikin Airconditioning Philippines, Inc.
  • Daikin Airconditioning Peru SAC
  • Daikin Airconditioning Argentina SA
  • Daikin Air Conditioning Technology (Beijing) Co. Ltd.
  • Daikin Ar Condicionado Amazonas Ltda.
  • Daikin Chemical International Trading (Shanghai) Co. Ltd.
  • Daikin Airconditioning Colombia SAS
  • McQuay Air-Conditioning & Refrigeration (Suzhou) Co. Ltd.
  • PT Daikin Airconditioning Indonesia
  • Daikin Air-Conditioning (Suzhou) Co. Ltd.
  • Taiwan Daikin Advanced Chemicals, Inc.
  • Daikin Airconditioning Korea Co., Ltd.
  • Daikin Applied Latin America LLC
  • McQuay Air-Conditioning Ltd.
  • Daikin Device (Suzhou) Co. Ltd.
  • Daikin Airconditioning Chile SA
  • AAF Luftreinigungssysteme GmbH

Competitors

  • Solvay SA
  • Chemours Co.
  • Johnson Controls International plc
  • Shenzhen Capchem Technology Co., Ltd. Class A
  • Modine Manufacturing Company
  • Lennox International Inc.
  • Chigo Holding Limited
  • Tadiran Holdings Ltd.
  • Alarko Holding A.S.
  • Brimag Digital Age Ltd
  • Brooks Automation, Inc.
  • Chongqing Zaisheng Technology Co Ltd
Last Updated on 17 Sep, 2019

You have {{numberArticlesLeft}} free article{{numberArticlesLeft-plural}} left this monthThis is your last free article this month

Stay ahead with our exclusives on Asia;
the most dynamic market in the world.

Stay ahead with our exclusives on Asia

Get trusted insights from experts within Asia itself.

Get trusted insights from experts
within Asia itself.

Get Unlimited access

You have {{numberArticlesLeft}} free article{{numberArticlesLeft-plural}} left this month

This is your last free article this month

Stay ahead with our exclusives on Asia; the most
dynamic market in the world
.

Get trusted insights from experts
within Asia itself.

Try 3 months for $9

Offer ends June 30th

Your trial period has expired

You need a subscription to...

  • Read all stories with unlimited access
  • Use our mobile and tablet apps
See all offers and subscribe

Your full access to the Nikkei Asian Review has expired

You need a subscription to:

  • Read all stories with unlimited access
  • Use our mobile and tablet apps
See all offers
NAR on print phone, device, and tablet media