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ESG Data

Pages focusing on environmental performance information and social performance indicators can be found here.

Figures not included here should be assumed to be the actual results for the fiscal year (April to March of the following year).

Companies covered by data:
  • Daikin Industries, Ltd. D
  • Including group in Japan JG
  • Overseas group companies only OG
  • Including group companies in Japan and overseas OJG
  • Data verified by a third party. Verified

Environment

GHG emissionsin the value chain (Scope1,2,3) OJG

(Thousand tons-CO2)

Scope and Category Assessment method 2020 2021
Scope1 Use of fuel and fluorocarbon Verified Method of Calculating Greenhouse Gas Emissions Data 551 600
Scope 2 (market-based)*1 Use of electricity and steam Verified Method of Calculating Greenhouse Gas Emissions Data 512 557
Scope 2 (location-based)*2 Use of electricity and steam Verified Method of Calculating Greenhouse Gas Emissions Data 548 618
Scope3 Category 1 Purchased goods and services Verified Volume of purchased materials x emission coefficient 2,890 4,048
Category 2 Capital goods Capital investment amount x emission coefficient 393 449
Category 3 Fuel- and energy-related activities not included in Scope 1 or Scope 2 Purchased electricity, steam, and fuel x emission coefficient for each type 92 100
Category 4*3 Upstream transport and delivery Transport weight x transport distance x emission coefficient for each type 27 29
Category 5 Waste generated in operations Waste volume x emission coefficient for each type 26 33
Category 6*3 Business travel Travel expenses x emission coefficient 7 8
Category 7*3 Employee commuting Number of employees x emission coefficient 3 3
Category 8 Leased assets (upstream) - N/A (includes Scope 1 and Scope 2) N/A (includes Scope 1 and Scope 2)
Category 9*3 Downstream transportation and delivery Transport volume x emission coefficient 7 8
Category 10*3 Processing of sold products Weight of manufactured intermediate products x emission coefficient 15 20
Category 11 CO2 from use of Daikin's air conditioners in the market Verified Method of Calculating Greenhouse Gas Emissions Data 235,340 255,150
CO2 from use of other Daikin products*4 in the market Method of Calculating Greenhouse Gas Emissions Data 19,580 24,930
Category 12*5 Fluorocarbon at time of disposal of Daikin's air conditioners Verified Method of Calculating Greenhouse Gas Emissions Data 44,710 46,670
Fluorocarbon at time of disposal of other Daikin products*4 Method of Calculating Greenhouse Gas Emissions Data 1,410 1,910
Category 13 Downstream leased assets - N/A N/A
Category 14 Franchises - N/A N/A
Category 15 Investments Emissions of investment target companies x ownership percentage 110 406
Total 304,610 333,760
Comprehensive total 305,670 334,920
*1
Market-based is the calculation of Scope 2 emissions reflecting contracts for purchased electricity.
*2
Location-based is the calculation of Scope 2 emissions based on the average emission coefficient for electricity of a specific location.
*3
Category 4, Category 6, Category 7, Category 9 and Category 10 cover Japan only.
*4
Non-air conditioner data indicates air purifiers and refrigeration/hydraulic/specialty equipment products.
*5
Calculated with fluorocarbon recovery rate as 0%.
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Environmentally Conscious Products* as Percentage of Sales Volume (Residential Air Conditioners) OJG

(%)

  2018 2019 2020 2021
Environmentally Conscious Products 93 97 98 99
   Super Green Products 51 60 69 71
Green Products 42 36 29 28
Other products 7 3 2 1
*

Environmentally conscious products: Name for Super Green Products and Green Products.
Products that satisfy at least one of the conditions are Green Products.

  • Consume at least 30% less electricity than conventional products
    Example: Air conditioners equipped with inverters.
  • Use refrigerants with at least two-thirds less global warming potential than conventional refrigerants.
    Example: Air conditioners using R-32, a refrigerant with lower global warming potential
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Reduction rate of net greenhouse gas (GHG) emissions* OJG

(%)

  2020 2021
Reduction rate of net greenhouse gas (GHG) emissions* (compared to BAU with 2019 as base year) 7 10
*
Net GHG emissions equals GHG emissions during the product lifecycle minus contribution to GHG emissions reduction.

Contributions to GHG emission reduction OJG

(Thousand tons-CO2)

  2020 2021
Amount of contribution to emission reduction* Contribution to greenhouse gas emission reduction through the spread of air conditioners and heat pumps, hot water supply systems and refrigeration systems with lower emissions 1,500 5,000
Contribution to greenhouse gas emission reduction due to the use of R-32 refrigerant in air conditioners and refrigeration systems by other companies as a result of the Daikin group's offer of free access to the patents, technical support, etc. 9,200 11,260
Amount of refrigerant recovery and recycling from market Refrigerant recovered from the market or reclaimed by the Daikin group and reclaimed refrigerant purchased by the Daikin group(in CO2 equivalent) 4,600 4,670
*
Calculated with F-gas recovery rate as 0%.
Note:
Reviewed by the third-party.
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Green Procurement Rate* OJG

(%)

  2017 2018 2019 2020 2021
Japan 92 90 93 95 95
Overseas 78 79 77 77 78
Entire Group 76 80 80 80 80
*
Green procurement rate= Value of goods procured from suppliers who meet our assessment criteria / Value of all goods procured.
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Materials Used DOJG

(Thousand tons)

  2019 2020 2021
Japan Iron 68 63 76
Copper 14 14 13
Aluminium 13 14 15
Other metals 2 2 3
Plastics 17 20 22
Chemicals (PRTR-designated) 141 132 145
Glass 0.4 0.4 0.5
Overseas Iron 511 465 519
Copper 80 73 71
Aluminium 72 69 58
Other metals 11 2 2
Plastics 88 81 90
Chemicals (PRTR-designated) 150 127 150
Total Iron 579 528 595
Copper 94 86 84
Aluminium 85 83 73
Other metals 13 4 5
Plastics 105 101 112
Chemicals (PRTR-designated) 292 259 295

Recycling of Residential Air Conditioners JG

2017 2018 2019 2020 2021
Residential air conditioners collected by Daikin (units: thousand) 320 390 410 460 460
   Weight of products recycled or reused (tons) 13,000 15,990 17,197 18,527 18,337
Amount recycled (tons) 11,768 14,634 15,672 16,862 16,700
Recycling ratio (%) 90 91 91 91 91
(Breakdown)
(%)
Iron 41 34 33 31 32
Copper 8 7 7 8 8
Aluminium 5 2 2 2 2
Mixture of non-ferrous and iron composite materials 43 40 41 41 40
CFCs 1.0 1.5 1.6 1.6 1.7
Other valuable materials 18 16 16 16 17
Fluorocarbons recoverd (CO2-equivalent)(Thousand tons-CO2) 400 490 530 590 590
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Amount of Fluorocarbons Recovered JG

(Thousand tons-CO2)

  2017 2018 2019 2020 2021
Electric appliances recycling 400 490 530 590 590
Fluorocarbon Recovery and Destrution 770 760 830 740 760
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Greenhouse Gas Emissions (Development and Production) OJG Verified

(Thousand tons-CO2)

  Base year (FY2015) 2018 2019 2020 2021
Energy-induced CO2 870 830 860 720 790
   (Scope1) 250 220 220 220 230
(Scope2) 620 620 640 500 560
HFC (Scope1) 540 180 160 100 110
PFC (Scope1) 410 290 300 240 260
Total 1,820 1,310 1,320 1,060 1,160
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CO2 Emissions per Sales from Transportation (Air-conditioning) D

(%)

  2017 2018 2019 2020 2021
Per unit of production (fiscal 2001 is set at 100) 61 61 61 59 59
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Energy Consumption OJG

  2017 2018 2019 2020 2021
Electricity (GJ) 8,681,423 9,108,896 9,116,573 8,538,470 10,335,299
  Renewable Energy generated (GJ) 208,726 279,187 433,841 547,774 1,176,899
City Gas (GJ) 4,343,569 4,345,872 4,407,257 4,267,236 4,685,995
LPG (GJ) 263,520 181,340 197,277 156,834 173,618
Steam (GJ) 1,384,817 1,371,033 1,221,504 1,094,880 1,277,454
Petroleum (GJ) 64,968 72,628 48,538 50,699 48,898
Total (GJ) 14,738,297 15,079,769 14,991,148 14,108,119 16,521,264
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Water Intake / per Unit of Production OJG

    Standard value
(average for fiscal 2013-2015)
2017 2018 2019 2020 2021
Water Intake (Thousand m3) Japan 1,870 1,860 1,890 1,760 1,670 1,820
Overseas 4,650 4,740 5,060 4,770 4,360 4,510
Total 6,520 6,600 6,950 6,530 6,030 6,330
Unit with standard value set at 100 (%) Japan 100 94 93 88 92 85
Overseas 100 91 85 83 84 72
Total 100 92 87 84 86 76
Note:
These values are different from values for third-party verification.
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Water Intake and Discharge Amounts OJGVerified

(Thousand m3)

  2017 2018 2019 2020 2021
Water Intake 11,690 12,330 11,580 9,560 9,850
Water discharge 9,980 10,420 9,670 8,320 9,110
  Sewerage 4,370 4,310 3,930 3,880 5,010
Released into ocean/river 5,610 6,110 5,740 4,440 4,100
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Water Intake and Discharge Amounts in Water-stressed Regions (India and China)

(Thousand m3)

  2017 2018 2019 2020 2021
India Water intake 60 59 58 50 57
Water discharge 60 59 43 37 48
China Water intake 26 26 25 26 22
Water discharge 21 21 20 21 17
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COD emissions OJG

(tons)

  2017 2018 2019 2020 2021
Emissions 890 510 1,592 1,764 2,382
Note:
Daikin changed its measurement method in fiscal 2020. This new measurement method has been used to retroactively revise the figures for fiscal 2019.
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Chemical Emissions (total of PRTR Substances and VOCs) / per Unit of Production OJG

    Standard value
(average for fiscal 2013-2015)
2017 2018 2019 2020 2021
Emissions (tons) Japan 486 520 537 521 454 510
Overseas 2,052 1,489 1,992 2,153 2,002 1,552
Total 2,538 2,010 2,529 2,674 2,456 2,062
Unit with standard value set at 100 (%) Japan 100 89 91 90 79 81
Overseas 100 98 88 85 76 56
Total 100 95 89 86 77 61
Note:
These values are different from values for third-party verification.
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Air Pollutant Emissions OJG

(tons)

  2017 2018 2019 2020 2021
NOx 139 146 205 119 111
SOx 20 8 8 5 7
Dust - 56 70 45 57
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Compilation of PRTR Substances (PRTR Substances of which at Least 1 ton was Handled) JG

(tons)

Substance name 2021
Amount emitted Amount transported
Air Public waterways Soil Waste Sewage
Chlorodifluoromethane; HCFC-22 58.40 0.00 0.00 0.01 0.00
Dichloromethane; methylene dichloride 16.16 0.00 0.00 3.10 0.00
1-chloro-1,1-difluoroethane; HCFC-142b 9.70 0.00 0.00 0.00 0.00
Toluene 2.57 0.00 0.00 0.46 0.00
2-chloro-1,1,1,2-tetrafluoroethane; HCFC-124 1.50 0.00 0.00 0.00 0.00
Chloroform 0.89 0.00 0.00 7.40 0.00
Phenol 0.79 0.00 0.00 0.81 0.00
Xylene 0.56 0.00 0.00 0.41 0.00
Formaldehyde 0.43 0.70 0.00 0.30 0.00
Ethylbenzene 0.42 0.00 0.00 0.38 0.00
Hydrogen fluoride and its water-soluble salts 0.26 0.00 0.00 120.00 0.00
n-hexane 0.23 0.00 0.00 0.15 0.00
1,3,5-trimethylbenzene 0.05 0.00 0.00 0.01 0.00
N,N-dimethylacetamide 0.02 0.00 0.00 0.18 0.00
1,2,4-trimethylbenzene 0.02 0.00 0.00 0.00 0.00
N,N-dimethylformamide 0.01 0.00 0.00 8.20 0.00
Acetonitrile 0.00 0.00 0.00 4.60 0.04
Methylnaphthalene 0.00 0.00 0.00 0.00 0.00
Boron compounds 0.00 0.46 0.00 0.62 0.00
Poly(oxyethylene)alkyl ether(alkyl C=12-15) 0.00 0.00 0.00 53.00 0.32
Antimony and its compounds 0.00 0.00 0.00 28.00 0.00
copper salts (water-soluble, except complex salts) 0.00 0.00 0.00 0.31 0.00
Methylenebis(4,1-phenylene)diisocyanate 0.00 0.00 0.00 0.04 0.00
Water-soluble salts of peroxodisulfuric acid 0.00 0.00 0.00 0.00 0.00
Allyl alcohol 0.00 0.00 0.00 0.00 0.00
ferric chloride 0.00 0.00 0.00 0.00 0.00
tetrachloromethane 0.00 0.00 0.00 0.00 0.00
styrene 0.00 0.00 0.00 0.00 0.00
Tritolyl phosphate 0.00 0.00 0.00 0.00 0.00
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Amount of Waste and Recycled Materials OJG Verified

(tons)

    2017 2018 2019 2020 2021
Japan Amount of Waste 2,965 3,401 3,274 3,650 4,126
Amount of Recycle 28,196 28,345 27,523 25,191 27,329
Out of the above amount, hazardous waste 21,128 21,273 20,994 19,455 22,058
Overseas Amount of Waste 24,228 32,897 33,924 28,654 37,178
Amount of Recycle 114,612 111,693 118,383 111,896 142,059
Out of the above amount, hazardous waste 42,367 43,985 44,062 43,221 57,239
Entire Group Amount of Waste 27,193 36,298 37,198 32,304 41,304
Amount of Recycle 142,808 140,038 145,906 137,088 169,388
Out of the above amount, hazardous waste 63,495 65,258 65,056 62,676 79,297
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Emissions / per Unit of Production OJG

    Standard value
(average for fiscal 2013-2015)
2018 2019 2020 2021
Emissions (tons) Japan 31,000 30,400 28,400 26,800 31,000
Overseas 163,000 164,500 158,400 160,000 180,000
Total 194,000 194,900 186,800 186,800 211,000
Unit with standard value set at 100 (%) Japan 100 86 84 84 70
Overseas 100 93 88 89 90
Total 100 92 87 88 87
Note:
These values are different from values for third-party verification.
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Amount of Packaging Used per Product (Wood, Cardboard, Styrofoam, etc.)* D

(%)

  2017 2018 2019 2020 2021
Amount of Packaging Used Per Product with FY2010 set as 100% 92 91 90 89 88
*
Covers residential air conditioners for the Japanese market.
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Report from Audits JG

(cases)

  2017 2018 2019 2020 2021
Problems found from internal environmental audits Major non-conformance 3 1 2 1 0
Minor non-conformance 28 28 22 9 8
Items improved 149 160 126 77 97
Problems found by third-party certification institutes Major non-conformance 0 0 0 0 0
Minor non-conformance 0 0 0 0 1
Items improved 13 9 7 5 3
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Ratio of Employees Belonging to Facilities That Obtained ISO 14001 CertificationOJG

(%)

  2017 2018 2019 2020 2021
Japan 100 100 100 100 100
Overseas 96 95 94 93 91
  • Click here for Daikin Bases Certified for ISO 14001 (43KB/4P)
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Number of Green Heart Certified Factories* OJG

  2021
Platinium 6
Gold 8
Silver 23
Bronze 9
Total 46
*
A Group standard for evaluating and certifying individual production sites for their environmental activities such as energy conservation, reduction of waste generated, and biodiversity conservation.
Evaluation every two years.
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Co-creation

Research and Development Expenses OJG

(billion yen)

  2017 2018 2019 2020 2021
Research and Development Expenses 62.1 65.2 68.0 71.7 81.5

Number of Patent Applications D

(cases)

  2016 2017 2018 2019 2020
Japanese applications 780 904 957 1,076 1,045
Overaseas applications 352 434 513 467 587

Customer Satisfaction

Improvement in Customer Satisfaction*

  (Base year) 2017 2018 2019 2020 2021
Japan (FY2015) 1.11 1.13 1.14 1.14 1.14
Spain (FY2016) 1.21 1.15 1.12 1.13 1.14
China (FY2018) - 1.00 1.04 1.04 1.04
India (FY2016) 1.06 1.09 1.13 1.15 1.19
Indonesia (FY2017) 1.00 1.03 1.03 1.10 1.11
Singapore (FY2015) 1.00 1.00 1.00 1.01 1.00
Italy (FY2019) - - 1.00 1.07 1.01
Vietnam (FY2015) 1.04 1.09 1.11 1.17 1.21
Australia (FY2015) 1.00 1.00 1.00 1.00 1.02
France (FY2019) - - 1.00 0.98 1.02
UAE (FY2015) 1.04 1.03 1.04 1.05 1.05
*
Satisfaction of after-sales services, regarding the base year as 1.00.
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Customer Satisfaction with After-sales Service* D

  2017 2018 2019 2020 2021
Overall satisfaction 4.49 4.56 4.63 4.60 4.60
*
Results of responses online as well as on postcard-sized surveys that are sent to a random sampling of customers one or two weeks after they receive servicing. Weighted average on a scale of 5.
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Number of Inquiries to the Contact Center JG

(thousands)

  2017 2018 2019 2020 2021
Repair inquiries 765 799 919 800 604
Technical advice 796 707 758 789 595
Parts inquiries 295 393 311 254 207
Others 18 19 29 14 13
Total 1,874 1,918 2,017 1,858 1,419
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Number of Inquiries to the Contact Center China

(thousands)

  2017 2018 2019 2020 2021
Repair inquiries 815 765 689 788 843
Technical advice 69 51 32 31 36
Parts inquiries 139 145 106 104 97
Total 1,024 962 828 923 976
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Human Resources

Employees

Employee Composition* D

  2017 2018 2019 2020 2021
Men Women Men Women Men Women Men Women Men Women
Number of employees 7,002 1,286 7,180 1,368 7,352 1,440 7,458 1,527 7,339 1,579
Average range of services (years) 17.3 11.3 17.9 11.9 16.9 11.0 16.8 10.9 16.7 10.9
Average age 42.2 35.1 42.6 35.2 42.4 35.2 42.4 35.2 41.8 35.4
Number of managers 1,030 53 1,063 59 1,100 63 1,110 71 1,122 68
Number of directors, audit & supervisory board members and senior executive officers 32 1 34 1 34 1 37 1 40 2
Number of foreign nationals 52 28 54 30 62 31 64 33 62 34
*
Includes employees on loan.
Note:
Figures as of fiscal year-end.
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Employee Make-up by Region* OJG

  2017 2018 2019 2020 2021
Number of companies Number of employees Number of companies Number of employees Number of companies Number of employees Number of companies Number of employees Number of companies Number of employees
Daikin Industries, Ltd. (Only) 1 7,036 1 7,254 1 7,499 1 7,732 1 7,652
Domestic Group (Excluding Daikin Industries, Ltd.) 28 4,976 30 5,243 29 5,380 30 5,586 30 5,717
U.S. 51 14,798 55 16,686 58 17,497 61 19,812 67 20,275
China 32 18,599 33 19,194 36 18,996 33 19,360 32 19,567
Europe 68 7,580 80 9,034 78 9,407 75 9,947 77 11,147
Asia,Oceania 49 14,250 50 15,686 51 16,456 54 17,367 55 18,542
Others (Latin America,Middle East,Africa, e.t.c) 41 3,024 43 3,387 61 5,134 62 5,066 61 5,798
Total 270 70,263 292 76,484 314 80,369 316 84,870 323 88,698
*
Figures as of fiscal year-end.

Number of Employees by Gender and Employment Rate of Women OJG

  2018 2019 2020 2021
Man 55,415 58,229 61,046 63,753
Woman 21,069 22,140 23,824 24,945
Total 76,484 80,369 84,870 88,698
Women as % of all employees 28% 28% 28% 28%

Number of Employees Leaving, Employee Turnover D

  2017 2018 2019 2020 2021
Men 246 265 272 369 332
Women 68 78 69 57 61
Total 314 343 341 426 393
Employee turnover 3.8% 4.0% 3.9% 3.7% 4.4%
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Number of New Employees Hired; Women as Percentage of All New Employees Hired* D

  2017 2018 2019 2020 2021
Men 181 298 308 303 284
Women 97 131 123 118 112
Total 278 429 431 421 396
Women as % of all new employees 34.9% 30.5% 28.5% 28.0% 28.3%
*
Number of people joining the company on April 1.
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Development of Human Resources

Human Resources Development of Manufacturing OJG

  2017 2018 2019 2020 2021
Japan The ratio of Excellent or Advanced Skilled Engineers*1 in Manufacturing (%) 29.5 34.7 31.6 30.3 30.5
Ratio*2 1 in 3.4 employees 1 in 2.9 employees 1 in 3.2 employees 1 in 3.3 employees 1 in 3.3 employees
Overseas The ratio of Excellent or Advanced Skilled Engineers*1 in Manufacturing (%) - - - - 6.2
Ratio*2 - - - - 16.1
Entire Group The ratio of Excellent or Advanced Skilled Engineers*1 in Manufacturing (%) - - - - 14.8
Ratio*2 - - - - 6.8
*1
High-skilled engineers with knowledge and leadership.
*2
One out of every-employees is Excellent or Advanced Skilled Engineer.
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Workplace Diversity

Number and Percentage of Women in Management Positions D

  2017 2018 2019 2020 2021
Number of Female Managers 53 59 63 71 68
Females as Percentage of all managers 4.9% 5.3% 5.4% 6.0% 5.7%
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Number of Overseas Bases Where Local Nationals are Presidents and Executives OG

  2017 2018 2019 2020 2021
Number of Bases Where Local Nationals are Presidents and Executives 46 42 48 43 44
Number of Overseas Bases Where Local Nationals are President 32 32 32 30 32
Number of Overseas Bases Where Local Nationals are Executives 67 64 68 68 63
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Percentage of Overseas Bases Where Local Nationals are President and Executives OG

(%)

  2017 2018 2019 2020 2021
Percentage of Overseas Bases Where Local Nationals are President 46.4 46.4 47.1 42.9 45.0
Percentage of Overseas Bases Where Local Nationals are Executives 47.9 43.0 48.6 48.2 44.0
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Number of Re-employed Workers and Percentage of Re-employed after Retiring D

  2017 2018 2019 2020 2021
Men Women Men Women Men Women Men Women Men Women
Number of retirees 100 2 104 2 127 7 142 8 184 9
Number of re-employed workers 88 2 90 2 115 7 121 7 163 8
Percentage re-employed after retiring 88.2% 86.8% 91.0% 85.3% 88.6%
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Number of People with Disabilities Employed and Employment Rate JG

  2017 2018 2019 2020 2021
Number of people with disabilities employed*1 327 359 369 390 362
Employment rate of people with disabilities*2 2.28% 2.42% 2.44% 2.55% 2.60%
*1
Legally, one severely disabled person employed is counted as two people with disabilities.
*2
Disability employment rate = number of people with disabilities employed / number of full-time employees.
Note:
Figures as of end of fiscal year.
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Occupational Safety and Health

Number of Sites that Obtained Occupational Safety and Health Management System Certification OJG

  2021
Air Conditioning Chemicals Total
Japan 2 1 3
China 15 3 18
Asia and Oceania 12 0 12
Europe 23 4 27
Americas 0 1 1
Total 52 9 61*
*
Acquired by approximately 60% of all manufacturing bases
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Frequency Rate of Lost Work Time Accidents*1 OJG

  2017 2018 2019 2020 2021
Daikin Group (Including Overseas) 1.33 1.38 1.26 1.01 1.19
Japan (Manufacturing Industry Average) 1.66 1.83 1.80 1.95 2.09
U.S. (Average for All Industries)*2 14.0 14.0 14.0 13.5 -
*1
This shows the frequency of occupational accidents resulting in lost work time, expressed in number of casualties for every 1,000,000 working hours.
Frequency rate = Number of injuries or fatalities from occupational accidents resulting in lost work time / Total actual working hours × 1,000,000
*2
Calculated based on information from U.S. Bureau of Labor Statistics (November 2021).
No data was released for the U.S. in fiscal 2021. (As of the end of JUN 2022)
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Severity Rate OJG

  2017 2018 2019 2020 2021
Daikin Group (Including Overseas) 0.04 0.03 0.04 0.03 0.03
Japan (Manufacturing Industry Average) 0.09 0.09 0.09 0.09 0.09
Note:
This shows the severity of the calamity, expressed in man-days lost per 1,000 hours worked.
Severity rate = Total number of working days lost / Total actual working hours × 1,000.

Work-Life Balance

Number of Employees Taking Childcare Leave D

    2017 2018 2019 2020 2021
Number taking childcare leave Men 257 274 337 327 405
Women 131 140 145 173 179
Total 388 414 482 500 584
Note:
Number of employees taking childcare leave each fiscal year.
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Number Taking Family Care Leave D

    2017 2018 2019 2020 2021
Number taking family care leave Men 2 0 4 3 3
Women 2 3 1 1 2
Total 4 3 5 4 5
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Percentage of Employees Taking All Paid Leave D

(%)

  2017 2018 2019 2020 2021
Percentage of Daikin Industries, Ltd. employees 93.5 94.8 95.7 91.5 95.8
Percentage of Japanese workers in the manufacturing industry (according to Ministry of Health, Labour and Welfare) 59.9 58.4 52.4 56.3 61.6
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Average Hours of Overtime per Employee D

(hours)

  2017 2018 2019 2020 2021
Hours 209.70 217.10 207.80 193.00 211.80
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Periodic Health Checkup Results D

(%)

  2017 2018 2019 2020 2021
Percentage of employees taking checkup 99 99 94 99 99
Percentage of employees requiring treatment 53 56 69 59 63
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Labor-Management Relations

Ratio of Union Member D

(%)

  2017 2018 2019 2020 2021
Percentage of Employees in Union 86 86 87 87 87

Supply Chain Management

Class A CSR Procurement Achievement Rate * OJG

(%)

  2020 2021
Japan 65 66
Overseas 65 73
Entire Group 65 72
*
Procurement value from suppliers that satisfy Daikin's Class A standards of total procurement value.
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Communities

Expenditure for Social Contribution Activities OJG

(million yen)

  2017 2018 2019 2020 2021
Total 1,623 1,415 1,477 1,292 1,388
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Shareholders and Investors

Business / Financial Data (Consolidated)

  2017 2018 2019 2020 2021
  Years ended March31, 2018 Years ended March31, 2019 Years ended March31, 2020 Years ended March31, 2021 Years ended March31, 2022
Net Sales
(billion yen)
2,290.6 2,481.1 2,550.3 2,493.4 3,109.1
Operating Income
(billion yen)
253.7 276.3 265.5 238.6 316.4
Ordinary Income
(billion yen)
255.0 277.1 269.0 240.2 327.5
Net Income
(billion yen)
189.1 189.0 170.7 156.2 217.7
Earnings Per Share (yen) 646.53 646.39 583.61 533.97 743.88
Overseas Business Ratio (%) 76 76 77 77 79
Free Cash Flow
(billion yen)
51.2 ▲9.8 125.6 123.5 ▲13.4
Return on Assets (%) 7.8 7.3 6.4 5.3 6.2
Return on Equity (%) 15.7 13.9 12.0 10.1 12.0
Shareholders' Equity Ratio (%) 52.1 52.4 53.8 51.4 51.5
Plant-and-Equipment Investment
(billion yen)
96.6 87.2 132.0 137.0 156.3
Liability with Interest Ratio (%) 22.3 21.7 20.8 23.2 21.6
Total Assets
(billion yen)
Consolidated 2,475.7 2,700.9 2,667.5 3,239.7 3,824.0
Non-consolidated 1,440.9 1,430.9 1,420.5 1,683.0 1,814.5
Fiscal Year End Stock Prices  11,735 12,970 13,170 22,320 22,410
Operating Income Margin (Consolidated) 11.1 11.1 10.4 9.6 10.2
Dividends 140 160 160 160 200
Note:
According to the adoption of the Partial Amendments to Accounting Standard for Tax Effect Accounting.etc.., from FY2018, the figures in FY 2017 have been retrospectively adjusted.

Consolidated Sales by Business Segments (Consolidated)

(%)

  2017 2018 2019 2020 2021
Air Conditioning 89.6 89.6 90.5 91.2 91.0
Chemicals 8.0 8.1 7.1 6.6 6.8
Oil Hydraulics, Defense Systems, and Electronics 2.4 2.3 2.4 2.2 2.2

Consolidated Sales by Region (Consolidated)

(billion yen)

  2017 2018 2019 2020 2021
Japan 542.73 585.11 596.98 585.57 638.45
U.S. 551.82 625.04 666.31 641.30 840.46
Europe 332.96 366.67 405.61 417.23 553.21
Asia and Oceania 349.19 387.09 395.46 351.04 426.11
China 381.67 379.63 341.28 369.82 478.12
Others 132.20 137.57 144.67 128.43 172.76
Total 2,290.56 2,481.11 2,550.31 2,493.39 3,109.11

Breakdown of Shareholders

  2020 2021
  Number of voters Shares held As Percentage of all shareholders Number of voters Shares held As Percentage of all shareholders
Government and local public bodies 0 0 0 0 0 0
Financial institutions 166 143,393,230 48.9 157 143,478,514 48.9
Securities companies 74 3,535,464 1.2 77 4,729,568 1.6
Other corporations 543 27,773,805 9.5 593 25,993,905 8.9
Foreign corporation 1,080 106,104,014 36.2 1,067 106,324,014 36.3
Individuals, other 23,696 12,307,460 4.2 28,012 12,587,972 4.3
Total 25,559 293,113,973 100.0 29,906 293,113,973 100.0
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Voting Rights Exercised

  The 115th Ordinary General Meeting of Shareholders (held in June 2018) The 116th Ordinary General Meeting of Shareholders (held in June 2019) The 117th Ordinary General Meeting of Shareholders (held in June 2020) The 118th Ordinary General Meeting of Shareholders (held in June 2021) The 119th Ordinary General Meeting of Shareholders (held in June 2022)
Voting rights exercised (%) 89.53 87.41 89.20 89.37 91.42
Votes cast over the Internet 1,744,888 1,754,167 1,897,714 1,884,731 1,968,501
Shereholderes voting online 1,020 1,290 1,826 2,730 3,593
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Number of the Company Shares Held by Directors and Audit & Supervisory Board Members (fiscal 2021) D

Position Name Number of shares held (unit: k)
Chairman of the Board Noriyuki Inoue 67
Representative Director Masanori Togawa 10
Member of the Board (external) Tatsuo Kawada -
Member of the Board (external) Akiji Makino 2
Member of the Board (external) Shingo Torii 1
Member of the Board (external) Yuko Arai -
Representative Director Ken Tayano 5
Member of the Board Masatsugu Minaka 8
Member of the Board Takashi Matsuzaki 8
Member of the Board Yoshihiro Mineno 6
Member of the Board (non-resident) Kanwal Jeet Jawa -
Audit & Supervisory Board Members (external) Ryu Yano -
Audit & Supervisory Board Members (external) Toru Nagashima -
Audit & Supervisory Board Members Kosei Uematsu 8
Audit & Supervisory Board Members Hisao Tamori 1
total 118

Situation of Major Shareholders (fiscal 2020) D

Name of Individual or Company Number of shares held (Thousands of shares) Percentage of number of shares held in the total number of shares issued (excl. treasury shares) (%)
The Master Trust Bank of Japan, Ltd. (Trust Account) 61,402 20.98
Custody Bank of Japan, Ltd. (Trust Account) 20,035 6.85
Sumitomo Mitsui Banking Corporation 9,000 3.07
JPMorgan Chase Bank 385632 (Standing proxy: Mizuho Corporate Bank, Ltd., Settlement Sales Department) 7,763 2.65
Custody Bank of Japan, Ltd. Retirement Benefit Trust Account for The Norinchukin Bank 4,999 1.71
MUFG Bank, Ltd. 4,900 1.67
SSBTC CLIENT OMNIBUS ACCOUNT 4,729 1.62
Custody Bank of Japan, Ltd. (Trust Account 4) 4,621 1.58
STATE STREET BANK WEST CLIENT - TREATY 505234 4,059 1.39
SUMITOMO LIFE INSURANCE COMPANY 3,595 1.23
Total 125,106 42.74
Note:
Of the above shares held, 61,402 thousands shares of The Master Trust Bank of Japan, Ltd. and 20,035 thousand, 4,999 thousands, and 4,621 thousands shares of Japan Trustee Services Bank, Ltd. relate to trust operations.

Issued Shares (fiscal 2021) D

Category Number of shares Number of voting rights Description
Non-voting shares - - -
Shares with restricted voting rights (treasury shares, etc.) - - -
Shares with restricted voting rights (other) - - -
Shares with voting rights (treasury shares, etc.) Ordinary shares –
Treasury shares 424,900
- -
Ordinary shares –
Reciprocal holding 9,500
- -
Shares with voting rights (other) Ordinary shares 292,586,700 2,925,867 -
Shares less than one unit Ordinary shares 92,873 - Shares less than one unit (100 shares)
Number of issued and outstanding shares 293,113,973 - -
Total number of voting rights - 2,925,867 -
Note:
Ordinary shares in "Shares with voting rights (other)" include 1,000 shares (10 voting rights) which are held in the name of Japan Securities Depository Center, Incorporated.

Governance

Number of Executives and Breakdown* D

  2020 2021 2022
Executives Internal Men 7 (non-Japanese 1) 7 (non-Japanese 1) 7 (non-Japanese 1)
Women 0 0 0
External Men 3 3 3
Women 1 1 1
Total 11 11 11
*
Current as of June 2022.
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Number of Auditors and Breakdown* D

  2020 2021 2022
Auditors Internal Men 2 2 2
Women 0 0 0
External Men 2 2 2
Women 0 0 0
Total 4 4 4
*
Current as of June 2022.
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Number of Board of Directors’ Meetings and Average Attendance D

  2019 2020 2021
Number of meetings 15 15 15
Average attendance of Board of Directors' meetings (%) 94 97 97
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Average Appointment Term for Directors D

  2020 2020
Average appointment term 9 years 9.7 years
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Make-up of Human Resources Advisory Commitee and Compensation Advisory Committee* D

  2020 2021 2022
Human Resources Advisory Commitee and Compensation Advisory Committee Internal directors Men 1 1 1
Women 0 0 0
External directors Men 3 3 3
Women 1 1 1
Executive officers Men 1 1 1
Women 0 0 0
*
Current as of June 2022.
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The Vesting for Variable CEO Compensation D

Period During Which CEO’s Change in Compensation is Based On Within 3 to 12 years from the allotment date
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Executive Compensation* D

  2017 2018 2019 2020 2021
Directors Number 11 12 12 12 14
Amount of compensation
(million yen)
1,298 1,183 1,186 1,281 1,364
Audit & Supervisory Board Member Number 4 4 5 4 4
Amount of compensation
(million yen)
93 98 99 99 99
Total Number 15 16 17 16 18
Amount of compensation
(million yen)
1,391 1,281 1,285 1,380 1,463
*
About compensation amounts
For fiscal 2018, the compensation amount for the term of office of two auditors who retired is included.
For fiscal 2019, the compensation amount for the term of office of one auditor and two directors who retired is included.
For fiscal 2020, the compensation amount for the term of office of one director who retired is included.
For fiscal 2021, the compensation amount for the term of office of three director who retired is included.
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Corporate Officers with Compensation Over 100 Million Yen (Fiscal 2021) D

Name Total consolidated compensation
(million yen)
Category Company Total consolidated compensation by type (million yen)
Fixed
compensation
Stock options Performance-linked compensation
Noriyuki Inoue 432 Director Daikin Industries, Ltd. 189 51 191
Masanori Togawa 300 Director Daikin Industries, Ltd. 123 51 125
Ken Tayano 182 Director Daikin Industries, Ltd. 83 31 54
President Daikin (CHINA) Investment Co., Ltd.
(Consolidated subsidiary)
13
Masatsugu Minaka 150 Director Daikin Industries, Ltd. 28 40
Director Daikin Europe N.V.
(Consolidated subsidiary)
74 6
Takashi Matsuzaki 139 Director Daikin Industries, Ltd. 57 26 55
Kanwal Jeet Jawa 124 Director Daikin Industries, Ltd. 14 16
Director Daikin Airconditioning India Pvt. Ltd. 60 33
Yoshihiro Mineno 117 Director Daikin Industries, Ltd. 42 28 46
Note:
Only those individuals receiving 100 million yen or more of consolidated remuneration are listed.
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Accounting Auditor Compensation D

(million yen)

  2021
Auditing expenses 255
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Starting Salary* D

(yen)

  2018 2019 2020 2021 2022
University grad 225,000 225,000 225,000 225,000 235,000
Masters 244,800 244,800 244,800 244,800 254,800
PhD 268,800 268,800 268,800 268,800 278,800
*
Figures are those during April of each year.

Major Legal Violations OJG

(cases)

  2019 2020 2021
Number of Major Legal Violations 0 0 0
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