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Daikin AC and refrigeration sales up 15.5%

JAPAN: Daikin has reported Q1 air conditioning and refrigeration sales up 15.5% year-on-year to JPY1,168,861m (US$8,101m), with operating profit up 0.6% at JPY104,355m (US$722m).

Group sales were JPY1,251,029m (US$8,655m), up 14.3% year on year. Operating profit was down 2.1% at JPY115,410m (US$798m), due to increases in labour costs and research and development expenses.

Latest News

20th August 2026

ULT chiller uses nitrogen refrigerant

JAPAN: Mitsubishi Heavy Industries (MHI) has developed an ultra-low temperature brine chiller using nitrogen refrigerant.
19th August 2026

Samsung to establish HVAC production line in Korea

SOUTH KOREA: Samsung Electronics is to establish a FläktGroup HVAC production line in Korea to target the rapidly growing HVAC market, including the production of advanced cooling solutions for AI…
19th August 2026

$22.3m for sustainable cooling projects in Africa

ETHIOPIA: Twelve projects in Africa are to receive more than US$22.3m in funding to accelerate the continent’s transition toward sustainable cooling, energy efficiency, climate action and ozone layer protection. 
19th August 2026

Daikin expands available EPDs 

UK: Daikin has expanded its range of Environmental Product Declarations (EPDs) to include commercial air conditioning, chillers and commercial heat pump ranges. 
19th August 2026

Cool energy from waste heat

SOUTH KOREA: A Korean research team has developed a chemical adsorption heat pump system powered by low-temperature waste heat.
18th August 2026

Carrier acquires Toshiba distributor in Benelux

BENELUX: Carrier has completed the acquisition of Intercool, the authorised distributor of Toshiba HVAC products in Belgium, the Netherlands and Luxembourg.