When was Daikin founded?

Daikin was founded in 1924 and raised its 1st funding round 93 years after it was founded.

Where is Daikin located?

Daikin is headquartered in Osaka, Japan.

How many employees does Daikin have?

As of Jun 30, 2026, the latest employee count at Daikin is 1382.

Is Daikin a funded company?

Daikin is a funded company, having raised an undisclosed amount across 2 funding rounds to date. The company's 1st funding round was a $***** Grant (prize money) round, raised on Jan 10, 2017.

When was the latest funding round of Daikin?

Daikin's latest funding was a $***** Grant (prize money) round on May 01, 2019, with participation from 1 investor.

What is the annual revenue of Daikin?

Annual revenue of Daikin is more than $1B as on Mar 31, 2023

Where does Daikin rank among its competitors?

Daikin ranks 1st amongst 208 active competitors, of which 6 are funded. It stands 3rd in terms of total funding among its competitors. The most recent competitor to raise funding was Windmill, which secured $5M in Oct, 2024.

Who are the top competitors of Daikin?

Daikin's top competitors include Trane Technologies, Thermax and Rinac. Among them, Windmill secured the most recent funding round in October, 2024.

Daikin - 2026 Company Profile, Team, Funding, Competitors & Financials

Daikin is a public company based in Osaka (Japan), founded in 1924 by Akira Yamada. It operates as a Developer and manufacturer of heating, ventilation, air conditioning and refrigeration equipments. Daikin has raised an undisclosed amount in funding. The company has 208 active competitors, including 6 funded and 42 that have exited. Its top competitors include companies like Trane Technologies, Thermax and Rinac.

Company Details

Developer and manufacturer of heating, ventilation, air conditioning and refrigeration equipments. It manufactures air conditioning, refrigeration, and HVAC solutions for residential, commercial, and industrial applications. It offers a wide range of energy-efficient products and services, including energy-efficient AC subscription services and HVAC solutions for various industries. It provides innovative solutions for the manufacturing industry, including inverter-controlled hydraulic equipment. It focuses on delivering comfort, sustainability, and smart home technology solutions.

Website: www.daikin.com
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Key Metrics

Founded Year

1924

Location

Osaka, Japan

Stage

Public

Latest Funding Round

Grant (prize money), May 01, 2019, $*****

Investors

Europa & 1 more

Ranked

1^st among 208 active competitors

Annual Revenue

$1B+ as on Mar 31, 2023

Employee Count

1,382 as on Jun 30, 2026

Investment & Acquisitions

Asuene & 31 more

Similar Companies

Symphony & 89 more

Exit Details

Public

View Daikin's full profile

Daikin is associated with 7 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
DAIKIN AIRCONDITIONING INDIA PRIVATE LIMITED CIN: U74899DL2000PTC104990 , India, Active	Apr 04, 2000	₹1,000+ Cr (As on Mar 31, 2025)	4409 (As on Apr 01, 2026)
DAIKIN COMPRESSOR INDUSTRIES CO., LTD. CIN: 0105544013305 , Thailand, Active	Feb 09, 2001	$100M - $500M (As on Dec 31, 2025)	-
Daikin Industries, Ltd. CIN: 12000105966 , Japan, Active	Oct 24, 1924	$1B+ (As on Mar 31, 2023)	96337 (As on Mar 31, 2023)	-
DAIKIN HRVATSKA D.O.O. CIN: 68609281555 , Croatia, Active	Mar 28, 2011	$10M - $50M (As on Mar 31, 2020)	-
DAIKIN INDUSTRIES (THAILAND) COMPANY LIMITED CIN: 0105533016278 , Thailand, Active	Feb 12, 1990	$1B+ (As on Dec 31, 2025)	-
Goodman Manufacturing Company, L.p. CIN: 760423371 , United States, Active	Dec 31, 1999	-	12035 (As on Dec 31, 2024)	-
DAIKIN TRADING (THAILAND) CO., LTD. CIN: 0105540044753 , Thailand, Active	May 12, 1997	$100M - $500M (As on Dec 31, 2023)	-

Daikin got listed on Jun 01, 1957.

Click here to take a look at Daikin's IPO in detail

Daikin has raised funding over 2 rounds. Its first funding round was on Jan 10, 2017. Its latest funding round was a Grant (prize money) round on May 01, 2019 for $*****. 1 investor participated in its latest round. Daikin has 2 institutional investors.

Here is the list of recent funding rounds of Daikin:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
May 01, 2019	1220379	Grant (prize money)	9539288	4081742	6985592	7639430
Jan 10, 2017	2821286	Grant (prize money)	9779574	7973250	7162120	Europa

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View details of Daikin's funding rounds and investors

The founders of Daikin is Akira Yamada. Masanori Togawa is the CEO of Daikin.

Here are the details of Daikin's key team members:

Akira Yamada: Former Founder of Daikin.
Masanori Togawa: CEO of Daikin.

Daikin's Board of Directors

Daikin's board has 10 active members. Masanori Togawa is part of team and Kanwal Jeet Jawa, Koichi Takahashi, Shingo Torii, Yuko Arai, Yoshikazu Tayama, Tatsuo Kawada, Noriyuki Inoue, Takashi Matsuzaki and Akiji Makino are independent board members.

Here is the list of Daikin's board of directors:

Name	Type	Representing	Status	Duration
zzygzqj	Team	-	Current	3y 8m
Kanwal Jeet Jawa	Independent board member	-	Current	8y 0m
wutiuhr	Independent board member	-	Current	9y 7m
ldpaztf	Independent board member	-	Current	6y 1m
idjfudw	Independent board member	-	Current	1y 9m
l{q{tgs	Independent board member	-	Current	6y 8m
ymwuorw	Independent board member	-	Current	6y 3m
tdo{puk	Independent board member	-	Current	7y 9m
pz{caff	Independent board member	-	Current	4y 8m
umcynqe	Independent board member	-	Current	4y 5m

View details of Daikin's Founder profiles and Board Members

Daikin's employee count trend

Daikin has 1,382 employees as of Jun 26. Here is Daikin's employee count trend over the years:

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Top competitors of Daikin include Trane Technologies, Thermax and Rinac. Here is the list of Top 10 competitors of Daikin, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Daikin 1924, Osaka (Japan), Public	Developer and manufacturer of heating, ventilation, air conditioning and refrigeration equipments	-	Europa & 1 others	72/100
2nd	Trane Technologies 1871, Swords (Ireland), Public	Manufacturer of climate control and refrigeration systems	-	-	66/100
3rd	Thermax 1966, Pune (India), Public	Provider of energy and environmental solutions for industrial and commercial sectors. This includes boiler and heater systems, process heating solutions, steam engineering, absorption cooling, and air pollution control technologies. The company also offers water and waste solutions, chemical services, and outsourced utility delivery services. A focus is on sustainable solutions, including solar power and green technologies, to improve resource productivity and environmental performance for clients. They provide services across the entire lifecycle, from project design and engineering to operations and maintenance.	-	Nalanda Capital, Elevation Capital & 1 others	63/100
4th	Rinac 1994, Bengaluru (India), Early Stage	Provider of cold chain infrastructure and clean modular construction solutions	$7.95M	Avigo Capital Partners, Metmin Investments ... & 24 others	58/100
5th	SPX Corporation 1988, Charlotte (United States), Public	Supplier of engineered products and technologies for HVAC and detection markets	-	Kapela	54/100
6th	Symphony 1939, Ahmedabad (India), Public	Air coolers brand	-	Nrups Consultants	53/100
7th	Belimo 1975, Hinwil (Switzerland), Public	Provider of controlling heating, ventilation and air conditioning systems	-	-	53/100
8th	Voltas 1954, Mumbai (India), Public	Retailer of air conditioners and various household electrical home appliances	-	WestBridge Capital, Life Insurance Corporation of India ... Read more	52/100
9th	Raj Cooling Systems 2006, Rajkot (India), Unfunded	Manufacturer of domestic and industrial air coolers and fans	-	-	52/100
10th	Windmill 2018, New York City (United States), Series A	Internet first brand offering window AC and its accessories	$8M	yeti.capital, Super Angel & 9 others	52/100

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Daikin has made 12 investments in companies including Asuene and Advanced Composite. Daikin has also acquired 20 companies including Anh Nguyen and Landi.

Here is the list of investments & acquisitions: