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Daikin reports 18% increase in Q1 sales

JAPAN: Daikin has reported an 18% increase in first quarter sales to JPY1,426.8bn (US$9.05bn), with operating profit up 8% at JPY130.5bn (US$827.9m).

Europe saw the largest increase in sales over Q1 2025, up 23% to JPY213.6bn ($1.35bn), while its largest market, the Americas, was up 18% at JPY551.9bn ($3.5bn). 

Sales in Oceania/Asia were JPY188.8bn ($1.198bn), a 19% increase. It’s domestic sales were JPY191bn, an increase of 17%.

Latest News

20th October 2026

ADAPTIX designed to boost CO2 system efficiency

ITALY: Rivacold has developed ADAPTIX, a patented technology designed to improve CO2 transcritical refrigeration systems throughout the year.
20th October 2026

Birmingham society renames and relaunches

UK: The Birmingham Society of Refrigeration & Air Conditioning (BSRA) is to relaunch itself under a new name and new focus.
20th October 2026

LG extends R290 monobloc range

UK: LG has extended its range of R290 monobloc S range with 12kW, 14kW and 16kW models.
19th October 2026

Wiesbaden supermarket is all CO2

GERMANY: A recently reopened supermarket in Wiesbaden claims to be the first to use CO2 refrigerant in all its commercial refrigeration, heating and air conditioning.
19th October 2026

Father and daughter plead guilty to R22 smuggling

USA: A father and daughter have pleaded guilty to smuggling thousands of dollars worth of banned R22 refrigerant in multiple trips across the border from Mexico.
19th October 2026

Jonas Steen appointed Beijer Ref CEO

SWEDEN: Wholesaler Beijer Ref has appointed Jonas Steen, currently chief operating officer of its EMEA business, as its new chief executive officer and president.