OSAKA -- Daikin Industries said on Thursday that it expects its consolidated net profit for the year ending March 2026 will climb 3% to a record high of 272 billion yen ($1.9 billion), as it expects to find ways to mitigate the impact of U.S. President Donald Trump's tariffs.
Electronics
Daikin projects record profit as data centers outweigh Trump tariffs
Japan air conditioner maker expects 5th year of record earnings
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Residential air conditioners produced at a plant in Mexico will be safe from tariff impacts for now. (Photo by Hisashi Iwato)
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