Daikin celebrates its 100th anniversary

Dubai, United Arab Emirates, June 03, 2024 – 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 100-yearcentury history, with 4395.3 billion yen (28 billion euro), recording breaking sales results worldwide. 

Commenting on the celebration, Hasan Onder, President, Turkey, Middle East 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 recognize 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 innovations

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.

To celebrate Daikin’s global leadership, a ceremony was held on 21 May 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. Inoue also expressed his expectations toward future growth, mentioning "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."

About Daikin

Daikin Industries (DIL) is a worldwide leader in heat pump, air conditioning, and air filtration technology with more than 98,000 employees. Founded in Osaka in 1924, it is the only manufacturer in the world that develops and manufactures heating, ventilation, air conditioning, and refrigeration equipment, as well as compressors and refrigerants in-house. Daikin was named one of the world’s top 100 most innovative companies by Clarivate (UK) and LexisNexis (USA), recognized for its leadership in technology research and intellectual property patents. For its fiscal year 2023 Daikin reported a record sales result of 4395.3 billion yen (28 billion euro) (1 April 2023 – 31 March 2024). 

Daikin Middle East & Africa promotes and provides aftermarket support for a full range of air conditioning equipment and systems in all GCC, Middle East, and Africa regions.

More information can be found at www.daikinmea.com

Media contacts

Taleih Halaby – Regional Marketing Manager – Daikin Middle East and Africa

T.: +971 4 8159482

Mail: halaby.t@daikinmea.com

Selma Lakhoua – Regional PR and Marketing Specialist – Daikin Middle East and Africa

T: +971 52 171 6035      

Mail: lakhoua.s@daikinmea.com

Ronak Thakkar - Associate Director – FleishmanHillard (Omnicom Public Relations Group) 

T.:  +971 54 586 9828

Mail: ronak.thakkar@fleishman.com