DUBAI, UAE, 4 June 2024: Daikin said it is celebrating its 100th anniversary, marking a century of “pioneering innovation and unwavering commitment to excellence in the HVAC-R industry, bringing future[1]proof solutions to global markets”.

Making the announcement through a Press Release, Daikin, which is operating in over 170 countries, said it has evolved into an organisation that is capable of 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. Daikin said it achieved its best result ever in its 100-year history, with 4395.3 billion yen (28 billion euro), recording breaking sales results worldwide.

Commenting on the celebration, Hasan Onder, President, 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 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.”

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 said it 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 1930s, the first packaged air conditioners in the 1950s and VRV multi-split commercial air conditioners in 1982.

Daikin said it hosted a ceremony on May 21 at The Symphony Hall, Osaka, Japan, to celebrate the 100th anniversary of the company’s founding. Noriyuki Inoue, Chairman of the Board and Global Group Representative, reflecting on Daikin’s growth to date, and articulating his expectations for its future growth, said, “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.”