Home
Global Supplier Directory
APPLIANCE Engineer
Supplier Solutions
APPLIANCE Line
Whitepaper Library
Calendar of Events
Association Locator
Contents Pages
Market Research
Subscription Center


 
Daily News

Daikin Industries Yearly Profits Up
May 23, 2013
 Printable format
 Email this Article
 Search

Daikin Industries, Ltd. (Osaka Japan) consolidated results showed net sales of 1,290,903 million yen (approx. US$12.7 billion) in its most recent fiscal year, which ended March 31, 2013.

Daikin is the parent company of U.S.-based HVAC companies McQuay and Goodman.

Daikin Industries net sales were up 5.9% from the previous year's net sales of 1,218,700 million yen.

The HVAC corporation's operating income was 88,627 million yen, up 9.2% from 81,192 million yen in the previous fiscal year.

Ordinary income for the year was 94,145 million yen, up 15.2% from the 81,756 million yen in the previous fiscal year.

Net income was 43,584 million yen, up 5.9% from the previous year's net income of 41,171 million yen.

In the first half of the current fiscal year, which ends March 31, 2014, Daikin Industries forecast:
* net sales of 920,000 million yen, up 41.5%
* operating income of 76,000 million yen, up 50.4%
* ordinary income of 74,000 million yen, up 57.1%
* net income of 42,000 million yen, up 366.2%

For the full current fiscal year Daikin Industries forecast:
* net sales of 1,760,000 million yen, up 36.3%
* operating income of 125,000 million yen, up 41.0%
* ordinary income of 120,000 million yen, up 27.5%
* net income of 64,000 million yen, up 46.8%

Daikin's Air-Conditioning and Refrigeration Equipment segment reported overall sales increased by 7.5% to 1,119,972 million yen. Operating income increased 17.8% to 70,904 million yen.

Daikin acquired U.S. air-conditioning manufacturer Goodman, based in Houston, TX, in the second half of 2012. Daikin is also the parent company of HVAC equipment producer McQuay International, based in Minneapolis, MN.

Back to Daily News

 

Daily News

...........................................................

Jun 25, 2014: Haier Expands in Philippines

Jun 25, 2014: North American PCB Shipments Fall in May

Jun 24, 2014: GE Will Award Best Kitchen Designs That Include Monogram Appliances

Jun 20, 2014: Haier Group Layoffs: 26,000 In Two Years

Jun 19, 2014: Report: Marginal Impact of Electric Heat Pumps on Home Sale Price

More Daily News>>

RSS Feeds
.........................................................
Appliance Industry
Market Research

...........................................................

March 2014: Market Research - 62nd Annual U.S. Appliance Industry Forecast
February 2014: Appliance Magazine Market Insight: December 2013
January 2014: Market Research - Appliance Historical Statistical Review: 1954-2012
January 2014: Appliance Magazine Market Insight: November 2013




 
Contact Us | About Us | Subscriptions | Advertising | Home
UBM Canon © 2014  

Please visit these other UBM Canon sites

UBM Canon Corporate | Design News | Test & Measurement World | Packaging Digest | EDN | Qmed | Pharmalive | Plastics Today | Powder Bulk Solids | Canon Trade Shows