OSAKA, Japan, December 4, 2024 – Daikin Industries, Ltd. was among the prestigious companies selected for Asia IP Elite 2024 by Intellectual Asset Management (IAM), a media outlet known worldwide for intellectual property (IP). This is the second time for Daikin to be recognized, having also been named the previous year.
The Asia IP Elite award identifies outstanding companies in the Asia-Pacific region from the viewpoint of IP strategy. Selection for the award highlights those companies with dedicated IP team that actively utilize intellectual property, handle IP disputes, and implement innovative approaches toward IP value creation. On November 20th, an award ceremony was held to announce the selection of 93 companies and organizations from the Asia-Pacific region (including 25 from Japan).
To contribute to the reduction of greenhouse gas emissions across the industry, Daikin has allowed other companies to use a number of its patents. In December 2019, the company began participating with WIPO GREEN*, the clearinghouse arm of the UN agency specializing in intellectual property, and it registered a total of 419 patents relating to air conditioners that use the low global warming potential refrigerant R32. WIPO GREEN is an online platform that introduces sustainable technologies to the world and encourages the sharing and mutual utilization of them. Daikin has joined forces with WIPO GREEN to promote the widespread use of R32 air conditioners worldwide and reduce the environmental impact of refrigerants around the world.
Moreover, in collaborative creation between startups and industry, government, and academia, Daikin is focused on creating new intellectual property by forming mechanisms that provide incentives for inventions on both sides. These efforts have facilitated the development of beneficial collaborative relationships with multiple universities and research institutes, and the number of patent applications based on active technological development through external collaboration has increased significantly both in Japan and internationally.
Daikin is working to strengthen research and development on a global scale to achieve the growth strategy themes that it set out in its strategic management plan “Fusion 25.” These include “Challenge to achieve carbon neutrality,” “Promotion of Solutions business connected with customers,” and “Creating value with air.” In addition to acquiring IP intellectual property rights and avoiding IP infringement with other companies, Daikin will continue to promote IP activities that contribute to its business by focusing on creating intellectual property through industry-industry and industry-academia collaborations and building relationships through free access to patents.
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