Company Profile For DAIKIN INDUSTRIES,LTD.

DAIKIN INDUSTRIES, LTD. is a Japan-based manufacturing company that operates in three business segments. The Air Conditioning and Freezer segment manufactures and sells housing equipment, such as air conditioning, air purifiers and water boilers; commercial equipment, including package/spot air conditioning, water chilling units, turbo refrigerators and industrial dust collection equipment; marine equipment, such as marine container air conditioning, ship air conditioning and ship freezers, and electronic systems, encompassing database systems for research development and information technology (IT) network monitoring systems. The Chemical segment supplies fluorocarbon gases, fluorine resins, chemical products and chemical engineering machines. The Others segment is engaged in the manufacture and sale of hydraulic equipment and machinery for industrial and construction machinery use, cannonballs, domiciliary oxygen medical equipment and others.

BRIEF: For the six months ended 30 September 2009, Daikin Industries Ltd.'s revenues decreased 25% to Y497.90B. The Company's net income decreased 74% to Y10.12B. Revenues reflect lower sales of the Company's products especially in air-conditioning and chemicals business segments. Lower net income also suffers from higher percentage of cost of sales and selling, general & administrative expense, as well as decreased interest income.