Daikin Celebrates 100th Anniversary

The HVAC-R major observes its best results in a century with sales worth 28 billion euros

Daikin celebrates its 100th anniversary marking a century of pioneering innovation and unwavering commitment to excellence in the HVAC-R industry, bringing future-proof solutions to global markets. Operating in over 170 countries and with manufacturing facilities worldwide, Daikin has evolved to become a global powerhouse responding to the diverse cultures and values of its global clientele by providing products and services that harness the power of air to create healthy and comfortable spaces.

Founded in Osaka (Japan) in 1924, parent company Daikin Industries, global market leader in air conditioning, heating, ventilation, and refrigeration solutions (HVAC-R) is celebrating its 100th anniversary in 2024. Daikin achieved its best result ever in its century history, with 4395.3 billion yen (28 billion euro), recording breaking sales results worldwide.

We recognise our responsibility not only to lead in technological advancements but also to promote sustainable practices with our current focus on sustainable cooling solutions to reduce environmental impact. Looking ahead, Daikin will continue to prioritize innovation, local engagement, and sustainability, ensuring that we remain at the forefront of the HVAC-R industry for the next century and beyond.

Hasan Onder, President of Daikin Middle East, Turkey and Africa

Commenting on the celebration, Hasan Onder, President of Daikin Middle East, Turkey and Africa, said, “While celebrating Daikin's 100-year milestone, we reflect on a century of groundbreaking innovation and growth. Innovation is in Daikin's DNA, driving us to continually develop advanced technologies that set industry standards. By embracing local citizenship in the Middle East and Africa, we ensure that our solutions are tailored to the specific cultural and environmental demands of each region. As leaders, we recognise our responsibility not only to lead in technological advancements but also to promote sustainable practices with our current focus on sustainable cooling solutions to reduce environmental impact. Looking ahead, Daikin will continue to prioritize innovation, local engagement, and sustainability, ensuring that we remain at the forefront of the HVAC-R industry for the next century and beyond.”

100 Years of Innovation

The company was founded in October 1924 as a limited partnership, Osaka Metal Industries. Starting with the production of radiator tubes for aircraft, the company has grown into a successful multinational corporation with both an air-conditioning business and a fluorochemical business, commercialising many Japanese and world-first technologies, including Japan's commercial refrigeration system in the 30-ies, the first packaged air conditioners in the 50-ies and VRV multi-split commercial air conditioners in 1982.

Today, with more than 120 production sites around the world, Daikin is a leading global air conditioning company, providing products and services that meet the needs arising from diverse cultures and values around the world. Our mission is to make people and spaces healthy and comfortable through the power of air.

A ceremony was held recently at The Symphony Hall (Osaka, Japan) to celebrate the 100th anniversary of the company's founding. Chairman of the Board and Global Group Representative Noriyuki Inoue reflected on Daikin’s growth to date and expressed his expectations for its future growth. “From a small factory of 15 people at our founding, we have transformed Daikin into a global company with operations in more than 170 countries worldwide, and I am personally mindful of just how far we have come,” said Noriyuki Inoue, Chairman of the Board and Chief Global Group Officer, reflecting on the company's growth at the ceremony. “With the spirit of learning from the past and applying those lessons to the future, we would like to further refine our technological capabilities, which are the lifeline for a manufacturer, and contribute to society through our technologies,” he added.