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    6367   JP3481800005

DAIKIN INDUSTRIES,LTD.

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Daikin Industries : Named among 'Clarivate Top 100 Global Innovators 2021'

04/21/2021 | 09:47am EDT

Daikin Industries, Ltd. announces its selection among the Clarivate Top 100 Global Innovators 2021 as determined by Clarivate Plc, a global information services with headquarters in London, United Kingdom. Since 2011, Clarivate has been analyzing patent data to identify the world's top 100 innovative companies and research institutions and has honored these outstanding companies with this award for the past 10 years. This year marks the eighth time overall and the seventh consecutive year that Daikin has been selected.

Leveraging its extensive proprietary patent data, Clarivate analyzes intellectual property trends and evaluates companies and research institutions worldwide for its prestigious list of Clarivate Top 100 Global Innovators. The evaluation comprises four criteria: volume (number of patents registered in the last five years), success (percentage of patent registrations after examination), globalization (percentage of applications in the four major markets of China, Europe, Japan, and the United States), and influence (citation frequency in other companies' patents).

As an air conditioning manufacturer with global business operations, Daikin allows the use of some of its patents by other companies in order to contribute to the reduction of greenhouse gases for the industry overall. For example, in 2011, Daikin granted emerging countries free access to 93 patents related to air conditioning equipment utilizing refrigerant HFC-32 (R32), a refrigerant with low global warming potential (GWP), and it expanded access worldwide to all countries in 2015. Moreover, in 2019, Daikin expanded the scope of patents and pledged the non-assertion of those patents to support conversion to refrigerants with high energy savings and low GWP. In recognition of these efforts, Daikin was awarded the 'Minister of Economy, Trade and Industry Award' at the 'Intellectual Property Achievement Award' for fiscal year 2020 conducted by the Ministry of Economy, Trade and Industry and the Japan Patent Office.

Daikin will continue to work on R&D activities for creating innovation that provides new value to society as it further strengthens the intellectual property activities that support them.

Contact:

T: 1860 180 3900

(C) 2021 Electronic News Publishing, source ENP Newswire

Stocks mentioned in the article
ChangeLast1st jan.
CLARIVATE PLC 1.96% 26.52 Delayed Quote.-10.74%
DAIKIN INDUSTRIES,LTD. -0.42% 20160 End-of-day quote.-12.04%
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Financials
Sales 2021 2 467 B 22 485 M 22 485 M
Net income 2021 163 B 1 489 M 1 489 M
Net Debt 2021 62 682 M 571 M 571 M
P/E ratio 2021 36,2x
Yield 2021 0,80%
Capitalization 5 900 B 53 743 M 53 782 M
EV / Sales 2021 2,42x
EV / Sales 2022 2,17x
Nbr of Employees 80 369
Free-Float 91,5%
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Mean consensus OUTPERFORM
Number of Analysts 17
Average target price 23 643,75 JPY
Last Close Price 20 160,00 JPY
Spread / Highest target 33,9%
Spread / Average Target 17,3%
Spread / Lowest Target -13,2%
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Managers and Directors
NameTitle
Masanori Togawa President, CEO & Representative Director
Koichi Takahashi GM-Accounting, Finance & Manager-Budget
Noriyuki Inoue Chairman
Takashi Matsuzaki Director, EVP, Head-North America R&D
Jiro Tomita Director, EVP & Head-Production Technology
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