Filing of litigation in the United States against DAIKIN INDUSTRIES,LTD. and its U.S. subsidiaries
DAIKIN INDUSTRIES,LTD., Daikin Comfort Technologies North America, Inc., Daikin Applied Americas Inc., and Thermal-Netics LLC
HVAC products sold in the United States
The plaintiffs allege that they suffered damages as a result of the defendant companies conspiring to improperly raise the prices of HVAC products, among other claims.
Related procedures
Putative class action
United States District Court for the Eastern District of Michigan
A putative class represented by Alyssa Berg
DAIKIN INDUSTRIES,LTD., Daikin Comfort Technologies North America, Inc., Daikin Applied Americas Inc., Thermal-Netics LLC, and other co-defendants
The specific amount claimed has not been disclosed at all, and it is difficult to reasonably estimate the impact on DAIKIN INDUSTRIES,LTD.'s financial results arising from responding to the litigation.
At present, it is difficult to reasonably estimate the impact on DAIKIN INDUSTRIES,LTD.'s financial results arising from responding to this litigation. If any matter requiring disclosure arises in the future, we will promptly notify the public.
If DAIKIN INDUSTRIES,LTD. is formally served with a complaint in the future, it will review the plaintiffs' allegations and claims and respond appropriately.
If any matter requiring disclosure arises in the future, we will promptly notify the public.
The specific amount claimed has not been disclosed at all.
| Item | Details |
|---|---|
| Event name | Filing of litigation in the United States against DAIKIN INDUSTRIES,LTD. and its U.S. subsidiaries |
| Date of occurrence | 20 March 2026 (local time) |
| Date recognized / date notice received | 30 March 2026 and thereafter (the dates on which the U.S. subsidiaries were served with the complaints). DAIKIN INDUSTRIES,LTD. has not been served with a complaint and confirmed the details based on information in publicly available court records. |
| Subject Entity | DAIKIN INDUSTRIES,LTD., Daikin Comfort Technologies North America, Inc., Daikin Applied Americas Inc., and Thermal-Netics LLC |
| Target Locations / Products | HVAC products sold in the United States |
| Cause | The plaintiffs allege that they suffered damages as a result of the defendant companies conspiring to improperly raise the prices of HVAC products, among other claims. |
| Amount of Impact on Business Performance | The specific amount claimed has not been disclosed at all, and it is difficult to reasonably estimate the impact on DAIKIN INDUSTRIES,LTD.'s financial results arising from responding to the litigation. |
| Impact on Earnings Forecast | At present, it is difficult to reasonably estimate the impact on DAIKIN INDUSTRIES,LTD.'s financial results arising from responding to this litigation. If any matter requiring disclosure arises in the future, we will promptly notify the public. |
| Type of litigation or proceeding | Putative class action |
| Court or authority | United States District Court for the Eastern District of Michigan |
| Plaintiff | A putative class represented by Alyssa Berg |
| Defendant | DAIKIN INDUSTRIES,LTD., Daikin Comfort Technologies North America, Inc., Daikin Applied Americas Inc., Thermal-Netics LLC, and other co-defendants |
| Date of filing / date of action | 20 March 2026 (local time) |
| Amount claimed | The specific amount claimed has not been disclosed at all. |
| Outlook | If DAIKIN INDUSTRIES,LTD. is formally served with a complaint in the future, it will review the plaintiffs' allegations and claims and respond appropriately. |
| Planned follow-up disclosure | If any matter requiring disclosure arises in the future, we will promptly notify the public. |
Items this document does not state (9)
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.The plaintiffs allege that the defendant companies conspired to improperly raise the prices of HVAC products, causing damages to individuals who purchased the products in the United States on or after 1 January 2020.