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CORPORATE NEWS [latest news list] April 7, 2005
Daikin Industries, Ltd.
Committed to the Chinese Community: Full Launch of Daikin's Social
Contribution Activities

In the year 2002, the Daikin Group (Representative: Noriyuki Inoue, Chairman and CEO) adopted a new philosophy designed to promote the constant evolution of the group. This philosophy serves as the bedrock for the management of the entire Daikin Group.
The tenets of the Group Philosophy express our commitment as a company to "Contribute to Society with World-Leading Technologies," "Think and Act Globally," "Bear our Relationship to Society in Mind and Act to Earn Society's Trust", "Make Contributions to Local Communities that are Unique to Daikin," and "Be a Company that Leads in Applying Environmentally Friendly Practices."
To mark the tenth anniversary of our China operations, we are involved in the full-scale launch of social contribution activities that will identify us as a company that makes a genuine contribution to the Chinese community. The unique programs we are implementing revolve around three themes: social welfare, education and the environment.
Harmony between economic development and social well-being has become an important issue for rapidly growing China. The Daikin Group hopes that its social contributions will help to forward the country's harmonious development.

1. Social welfare
   To promote employment for the physically challenged, DAIKIN (CHINA) INVESTMENT CO., LTD. is arranging a special section for physically challenged workers within its factory in Xinzhuang Industry Zone, Shanghai. The company has set a first-year target of 50 challenged employees, whose work in the group will help them live independently. We are also studying the possibility of spinning the section off into an independent company in the future.
In 1993, Daikin Industries, Ltd. established Daikin Sunrise Settsu, Ltd., in Japan, a company run by the physically challenged for the physically challenged. Daikin has many years of experience in this area, earning the high regard of society for its initiatives. We intend to apply the fullness of this experience to contribute to Chinese society.
2. Education
   To commemorate the opening of D-Solution Plaza Shanghai, we are establishing the "Daikin Future Air Grand Prize." Our goal is to improve air-conditioning technologies and foster air-conditioning specialists in China. We plan to invite students in college air-cooling and heating departments to submit proposals for air-conditioning technologies and products, awarding the prize to the most outstanding project or invention among the entries.
The nascent technologies and ideas that result from allowing people to take advantage of the facilities available at Solution Plaza Shanghai, which showcase the world's leading air-conditioning technologies, will contribute to the development of air-conditioning products for the global market.
3. Environment
   As an air-conditioning specialist manufacturer, we intend to make an active contribution to environmental, energy-conservation and air-conditioning standards in China. We will make our measurement data and test facilities available to pertinent organizations, along with proposals and data on the energy-saving effects of inverter technology. Through this type of proactive approach, we hope Daikin's competitive technologies will contribute to the country's ongoing efforts to increase awareness of the importance of energy conservation among the Chinese public.

  For more information, please contact
     Daikin Industries, Ltd.
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