Securities Report – 123rd Fiscal Period (April 1, 2025 – March 31, 2026)

Daikin Industries, Ltd. Securities Report – 123rd Fiscal Period (April 1, 2025 – March 31, 2026)

In accordance with the Financial Instruments and Exchange Act, Daikin Industries, Ltd. hereby submits its Securities Report for the 123rd fiscal period. This report aims to disclose key information regarding the company’s financial performance, financial position, management policies, risk factors, executive compensation, and other material matters to investors and market participants.

The company operates globally in the development, manufacturing, and sales of air conditioning systems, refrigeration and freezing equipment, industrial machinery, and environmentally friendly products. Daikin maintains a leading technological position worldwide, particularly in high-efficiency inverter control systems and research and development of alternative refrigerants to fluorocarbons.

The business environment for the 123rd fiscal period is marked by heightened uncertainty, including fluctuations in global energy prices, supply chain restructuring, and intensified climate change mitigation efforts. Amid these challenges, Daikin continues to uphold its management philosophy of “realizing a sustainable society” and aims to maximize customer value through the integration of digital and environmental technologies.

On the financial front, the company will continue its efforts to strengthen profitability and maintain sound financial health, building on the previous fiscal year. Particular focus will be placed on expanding sales in overseas markets and improving production efficiency, while also enhancing measures to mitigate foreign exchange risk.

As part of its ESG management initiatives, Daikin has clarified its roadmap toward achieving carbon neutrality by 2050. The company is actively working to reduce CO2 emissions across the entire product lifecycle, including through the adoption of renewable energy. It will also continue to strengthen stakeholder engagement while ensuring alignment with its Sustainability Report.

This report provides detailed information on quarterly performance trends, major investment projects, R&D expenditure breakdowns, domestic and international business operations, and corporate governance structure. Going forward, Daikin remains committed to transparent and comprehensive disclosure to solidify its position as a trusted global enterprise.