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

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

20220502N Daikin

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

HISASHI IWATO, Nikkei staff writer

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.

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