Daikin Industries, Ltd., a Japanese multinational conglomerate, is the world's leading air conditioner manufacturer. Founded in Osaka, Japan, in 1924 as Osaka Metalworking Industries, the company initially produced aircraft radiator tubes. Renamed Daikin Industries in 1963, the company continued to innovate, developing the VRV (variable refrigerant volume) system and expanding globally. Today, Daikin is a publicly traded company listed on the Tokyo Stock Exchange and a component of the Nikkei 225 index. With over 88,000 employees worldwide and headquarters in Osaka, Daikin provides a wide range of products and services, including home appliances, chemicals, medical equipment, electronics, oil hydraulics, and defense systems.