This transaction
Establishment of SubsidiariesThe voting-rights ratio is the share of the votes exercisable at a shareholders’ meeting that will be held after this transaction.The percentage before the change is not stated in this document.
Development of air-conditioning equipment
The establishment of the subsidiary is expected to have a minor impact on consolidated financial results for the fiscal year ending March 2027.
| Item | Details |
|---|---|
| Transaction name | Establishment of Subsidiaries |
| Name of the Subject Company | DAIKIN RESEARCH AND DEVELOPMENT INDIA PRIVATE LIMITED |
| Business Description of the Subject Company | Development of air-conditioning equipment |
| Location of the Subject Company | New Delhi, Republic of India |
| Capital Stock of the Subject Company | INR 8 billion (¥13.6 billion) |
| Date of Establishment of the Subject Company | July 2026 (scheduled) |
| Voting rights ownership percentage | After 100% (including 0.001% held indirectly) (before not disclosed) |
| Impact on Business Performance | The establishment of the subsidiary is expected to have a minor impact on consolidated financial results for the fiscal year ending March 2027. |
| Date of board resolution | 26 June 2026 |
| Execution Date / Effective Date | Establishment of the subsidiary: July 2026 (予定); completion of the R&D center: June 2028 (めざす) |
| Management structure after acquisition | Name: DAIKIN RESEARCH AND DEVELOPMENT INDIA PRIVATE LIMITED; representative's title and name: To be determined; employee treatment: Not disclosed |
Items this document does not state (21)
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.Demand for air conditioning for large facilities such as data centers and factories is expanding across the Global South. The company will strengthen its ability to develop products that reflect local market needs and regulations. It explained that India has significant potential as a development hub, given its abundant engineering and IT talent and growing industrial concentration.