Presentation of Financial Results for FY2021
III. Business and Regional Overview
FY2021 Results
■AC Business - Japan
Industry demand for Residential Air Conditioning declined from the previous year due to the impact of
unseasonable weather in the summer and the end of pent-up demand. Daikin launched a new product
called Urusara X, which switches between air supply and air exhaust ventilation. Sales and market
share expanded by leveraging the growing interest in energy savings and the need for IAQ due to more
time spent indoors.
Industry demand for Commercial Air Conditioning exceeded the previous year in a gradual renewal of
economic activities. Daikin enhanced system proposals that combine air conditioners and ventilation
products, such as heat reclamation ventilators, and both sales and market share expanded.
In Applied, sales of R32 chillers grew.
While air purifiers were affected from the second quarter by a reversal of the increased demand seen in
the previous fiscal year from the special cash payment for COVID-19, market share increased due to
expansion of the product lineup.
FY2022 Forecast
In Residential Use, we will work to expand sales of high value-added products by promoting ventilation
and air purification functions. Sales activities will be strengthened, even in cold regions where strong
demand is expected, as we aim to further increase market share.
In Commercial Use, we will expand our lineups of heat reclamation ventilators that can easily be
retrofitted and of UV Streamer units that are highly effective in suppressing viruses and bacteria as we
strengthen our proposal business.
For Air Purifiers, we will continue to expand sales in
Residential Use while aiming to expand sales for
Commercial Use, including for hospitals and stores,
where demand is strong.
FY2021
FY2022
Y/Y change
(Volume basis)
Residential
Market
Daikin
Market
Daikin
92%
106%
101%
102%
Commercial
101%
112%
103%
103%
Applied
101%
91%
103% 118%
Air purifiers
71%
84%
94%
119%
14
*Applied is based on total sales.View entire presentation