Brussels, 12 May 2026 – Daikin Industries, Ltd. has released its global group results for fiscal year 2025, ending 31 March 2026. The company reports solid results, with strong performance in air conditioning and applied solutions, despite global economic challenges. Subsidiary Daikin Europe N.V. which oversees Daikin’s heating, ventilation, air conditioning and refrigeration (HVAC-R) sales in Europe, the Middle East and North Africa (EMEA) reports an annual turnover result of 5.25 billion euro, exceeding the results of its previous fiscal year to reach a record high.
In Europe, Daikin focused on sales of environmental solutions with residential R-290 heat pumps, R-32 VRV, and R-290 and CO₂ refrigerant showcases. In Turkey, the expansion of residential air conditioning sales has driven positive results, while the Middle East region, particularly Saudi Arabia and the United Arabic Emirates, has seen significant growth in the applied segments.
Solutions for home heating, cooling, and hot water needs
Daikin is market leader in low-carbon, heat pump technology-based, heating and cooling solutions for homes in Europe. It offers a variety of heat pump technologies, including air-to-air (air conditioning), air-to-water (heated water for space heating and domestic hot water), as well as integrated solutions combining multiple systems. Across residential business lines, Daikin delivered stable sales in a highly competitive market, with conditions varying significantly across countries and regions.
Increased need for cooling pushed demand for air conditioners upward especially in Germany and the UK. In southern Europe, Daikin’s high-end (multi) split, and Multi+ Domestic Hot Water system performed well. The market for air-to-water heat pump heating has started to recover in many European countries. However, a full-scale recovery has not yet been achieved.
Commercial and industrial segments
Daikin has demonstrated robust performance in commercial and industrial segments by strongly focusing on environmental and energy-saving solutions, notably through the increased sales of products using R-32 refrigerant. The company enhanced proposal-based selling, concentrating on commercial facilities and hotels with mid-to-high-end models.
Alongside this, Daikin expanded its service solution menus and offered energy management support to further develop its solutions business. Direct proposals to property owners and the introduction of differentiated products for a variety of commercial and industrial application areas such as data centres, warehousing, hospitality, pharmaceuticals have also contributed positively to overall performance.
The cold chain business faced challenges with retailers lowering investments. Despite these headwinds, the company continued to focus on expanding sales of environmental solutions, such as showcases using R-290 and CO₂ refrigerants.
Launch of five-year Fusion 30 management plan
With a strong foundation in place, Daikin Europe is entering its next phase under Fusion 30, the company’s new five‑year strategic management plan launching this fiscal year. Fusion 30 sets a clear direction to further strengthen Daikin’s leadership in heating, cooling and refrigeration by accelerating innovation, scaling low‑carbon solutions, and deepening customer‑centric, solution‑based business models across EMEA. Daikin aims to combine sustainable growth with tangible progress towards climate neutrality, while continuing to support customers and partners navigating an increasingly complex energy transition.
“Despite ongoing economic and geopolitical uncertainty, our performance demonstrates the resilience of Daikin’s business and the continued relevance of our solutions across the EMEA region,” said Toshitaka Tsubouchi, President of Daikin Europe. “With Fusion 30, we are building on this momentum. The plan reflects our long‑term commitment to innovation, decarbonisation and customer value.”
About Daikin Europe N.V.
The Daikin Europe Group is a leading provider of heating, cooling, ventilation, air purification and refrigeration (HVAC-R) technology in Europe, the Middle East, and Africa. Daikin Europe caters to a diverse customer base within this region by designing, manufacturing, and marketing an extensive range of products, maintenance services, and turnkey solutions tailored for residential, commercial, and industrial applications. The company employs over 13,800 employees through 58 subsidiaries and operates 15 manufacturing sites in Europe (12), Turkey (1) and the Middle East (2). Daikin’s refrigeration products are available under the Daikin, Tewis, Zanotti, Hubbard, and AHT brands. Headquartered in Ostend, Belgium, for over 50 years, the Daikin Europe group is a subsidiary of the global group Daikin Industries.
About Daikin Industries Ltd.
Daikin Industries (DIL) is a global leader in heat pump, air conditioning and air filtration technology. The company employes over 103,500 employees worldwide. Founded in Osaka in 1924, it is the only manufacturer in the world that develops and manufactures heating, ventilation, air conditioning, and refrigeration equipment, as well as compressors and refrigerants in-house. Daikin was named one of the world’s top 100 innovative companies by Clarivate (UK) and LexisNexis (USA), recognized for its leadership in technology research and intellectual property patents. For its fiscal year 2024 Daikin reported a record sales result of € 28,98 billion sales (1 April 2024 – 31 March 2025).
Read more on www.daikin.eu and www.daikin.com.
Media Contacts Daikin Europe N.V.
Sofie Sap – T.: +32 472 580482 Mail: sap.s@daikineurope.com
Daisuke Kakinaga – T.: +32 465 462321 Mail: kakinaga.d@bxl.daikineurope.com
