In 2024, Daikin Industries, Ltd is celebrating its 100th anniversary.
To mark this significant achievement, Daikin held a commemorative ceremony this week in Japan which was attended by more than 2,000 guests.
Daikin chief global group officer and board chair, Noriyuk Inhoue, said Daikin began with a small factory of 15 people.
Today Daikin has operations in more than 170 countries worldwide including Australia.
"I am personally mindful of just how far we have come," Inoue said.
"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 technology."
Daikin president & CEO, Masanori Togawa, said Daikin’s ability to overcome numerous hardships and continue to grow and develop over the past 100 years lies in the good corporate culture built by predecessors and the company’s unique strengths, which could be called the source of its competitiveness.
“We now have the opportunity for a fresh start to further evolve these strengths,” he said.
“Daikin will continue in the future to be a corporate group that grows by satisfying customers and earning trust, while working to increase environmental and social value and contribute to the creation of a new society."
Daikin was founded in 1924 as Osaka Kinzoku Kogyosho Limited Partnership.
Beginning with the production of radiator tubes for aircraft, the company has commercialised many advanced technologies, including the development of Japan's first fluorocarbons and packaged air conditioner along with the world's first VRV system multi-split air conditioner for commercial buildings.
With 125 production bases around the world and approximately 100,000 group employees, Daikin has become the leading global HVACR company responding to the needs of diverse cultures and values around the world as well as providing products and services that create healthy and comfortable spaces through the power of air.
To further commemorate its 100th anniversary in 2024, Daikin will work to strengthen support for its "Forests for the Air" project in seven global locations as one of its social contribution activities, revise its "Group Philosophy," convene a Daikin Group Management Meeting, where roughly 300 senior managers will assemble to discuss management issues, and update company work uniforms at its manufacturing plants.