Daikin Industries, Ltd. was established in 1924 and incorporated in 1934. The company is Japan's top manufacturer of commercial-use and industrial-use air conditioning systems in Japan. Operations are carried out through the following divisions: Air Conditioning and freezing equipment(commercial, industrial and residential air conditioning systems, industrial refrigeration equipment and electronic systems); Chemicals (fluorochemicals, chemical equipment and machinery); Other operations (real estate, hydraulic and lubrication equipment, computer graphics systems, electronic car park systems, cryogenics and robotics).