Presentation of Financial Results for FY2021
IAC Business - Americas
FY2021 Results
Against the backdrop of strong personal consumption, Daikin expanded sales centered on the Residential
Air Conditioning market and maximized the effectiveness of selling price measures. Acquisitions of sales
companies also contributed to a substantial increase in sales over the previous fiscal year.
✓ In Ducted Unitary for Houses, we focused on strengthening supply capabilities by promoting initiatives
to increase the number of manufacturing personnel and reduce employee turnover. Sales increased
due to the launch of new products equipped with inverters.
✓ In Ductless, we captured the rising demand for RA/SKY in the Residential Air Conditioning market
and expanded sales. Sales for VRV systems were steady in Residential and also expanded in
Commercial Use Air Conditioning.
✓ In Applied, we strengthened our Solutions business by market and capitalized on market recovery to
increase chiller sales. Sales also grew for the After Sales Service business.
FY2022 Forecast
In Ducted Unitary for Houses, we will focus on expanding sales of products equipped with inverters
by expanding the product lineup to comply with energy efficiency regulations and strengthen
support for dealers.
In Ductless, support for acquired dealers will be
strengthened as we promote sales in the Northeast and
Northwest.
In Applied, we will work to increase equipment sales to
data centers, factories, and schools where demand is
strong and expand our Solutions business by increasing
service personnel and enlarging our after sales service
network.
FY2021
FY2022
Y/Y change
Daikin
Market
Daikin
(Volume basis)
Ducted unitary for houses
110%
95%
114%
RA/SKY
143%
109%
115%
Ductless
VRV
118%
108%
117%
Applied
112%
106% 121%
*Applied is based on total sales in local currency.
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