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Daikin sales up 25% in Q3

JAPAN: Daikin has recorded net sales of JPY2,301,939m ($20bn) in Q3, up 25% from the same period in 2020.

Operating income was JPY259,511m ($2.25bn) an increase of 33.4% year-on-year.

Total sales in the air conditioning and refrigeration business increased 24.4% year on year to JPY2,103,833m ($18.28bn). Operating income was up 27.8% to JPY234,862m ($2.04bn).

Latest News

3rd May 2026

Skills gap: the answer’s already on the van

Will Overton, director of Vectis Refrigeration and founder of the Wisdom Group FM, argues that the skills gap in refrigeration and HVAC is not a training problem: it is a…
3rd May 2026

Qvantum’s R290 water-source heat pump

UK: Qvantum has launched a new R290 water-to-water heat pump for communal ground-source systems and individual ground source projects.
3rd May 2026

IOR briefs on heat recovery

UK: The Institute of Refrigeration has published the first in a new series of Technology Briefs on the topic of heat recovery. 
2nd May 2026

Kroger to spend $100m to fix refrigerant leaks

USA: Leading US retailer Kroger will pay a $2.5m civil penalty and spend an estimated $100m over the next three years to reduce refrigerant leaks from its refrigerators and other…
2nd May 2026

Data centre boost for Carrier

USA: The growing importance of cooling to the burgeoning data centre market is reflected in claims by Carrier of data centre orders being up over 500% in Q1.
30th April 2026

A-Gas extends reclaim rewards to Australia

AUSTRALIA: A-Gas, the refrigerant supplier and lifecycle management company, has created a reclamation rewards scheme in collaboration with Australian HVACR wholesalers Actrol and Airefrig.