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 Sep 30, 2026, the latest employee count at Daikin is 1413.

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 214 active competitors, of which 6 are funded. It stands 4th 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 SPX Corporation. Among them, Windmill secured the most recent funding round in October, 2024.

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

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
Social

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 214 active competitors

Annual Revenue

$1B+ as on Mar 31, 2023

Employee Count

1,413 as on Sep 30, 2026

Investment & Acquisitions

LiLz & 32 more

Similar Companies

Windmill & 107 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	Reports
DAIKIN TRADING (THAILAND) CO., LTD. CIN: 0105540044753 , Thailand, Active	May 12, 1997	$100M - $500M (As on Dec 31, 2023)	-
DAIKIN INDUSTRIES (THAILAND) COMPANY LIMITED CIN: 0105533016278 , Thailand, Active	Feb 12, 1990	$1B+ (As on Dec 31, 2025)	-
DAIKIN COMPRESSOR INDUSTRIES CO., LTD. CIN: 0105544013305 , Thailand, Active	Feb 09, 2001	$100M - $500M (As on Dec 31, 2025)	-
DAIKIN HRVATSKA D.O.O. CIN: 68609281555 , Croatia, Active	Mar 28, 2011	$10M - $50M (As on Mar 31, 2020)	-
Daikin Industries, Ltd. CIN: 12000105966 , Japan, Active	Oct 24, 1924	$1B+ (As on Mar 31, 2023)	96337 (As on Mar 31, 2023)	-
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)
Goodman Manufacturing Company, L.p. CIN: 760423371 , United States, Active	Dec 31, 1999	-	12035 (As on Dec 31, 2024)	-

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	9426510	Grant (prize money)	7788161	3037623	8732687	9570639
Jan 10, 2017	4776019	Grant (prize money)	9845821	5497305	2081374	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
qnawekv	Team	-	Current	8y 2m
Kanwal Jeet Jawa	Independent board member	-	Current	8y 2m
buqluen	Independent board member	-	Current	2y 9m
hrldphu	Independent board member	-	Current	7y 6m
yphnsga	Independent board member	-	Current	5y 1m
zykgqdu	Independent board member	-	Current	1y 6m
jautgqo	Independent board member	-	Current	2y 6m
dhyqd{r	Independent board member	-	Current	5y 1m
vjueq{b	Independent board member	-	Current	3y 9m
sdlmght	Independent board member	-	Current	2y 5m

View details of Daikin's Founder profiles and Board Members

Daikin's employee count trend

Daikin has 1,413 employees as of Sep 26. Here is Daikin's employee count trend over the years:

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Top competitors of Daikin include Trane Technologies, Thermax and SPX Corporation. 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	-	-	67/100
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	66/100
4th	SPX Corporation 1988, Charlotte (United States), Public	Supplier of engineered products and technologies for HVAC and detection markets	-	Kapela	54/100
5th	Belimo 1975, Hinwil (Switzerland), Public	Provider of controlling heating, ventilation and air conditioning systems	-	-	52/100
6th	Windmill 2018, New York City (United States), Series A	Internet first brand offering window AC and its accessories	$8M	Yeti, Super Angel & 9 others	52/100
7th	Raj Cooling Systems 2006, Rajkot (India), Unfunded	Manufacturer of domestic and industrial air coolers and fans	-	-	52/100
8th	EVAPCO 1976, Westminster (United States), Unfunded	Designs and manufactures heat transfer system, cooling towers and other related products	-	-	51/100
9th	Mojave 1902, Sunnyvale (United States), Series A	Provider of electrochemical-based air conditioners	$25.6M	Fifth Wall, At One Ventures & 7 others	49/100
10th	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	49/100