Daikin: Formulation of Fusion 20 Latter-Half Three-Year Plan

Daikin Industries, Ltd. has formulated the latter-half three-year plan (from FY2018 to 2020) for its strategic management plan Fusion 20 with fiscal year 2020 as the final year. This year marks the mid-year of Fusion 20, which started in fiscal year 2016. Despite changes in the external business environment, such as currency fluctuations and sharp price increases for raw materials, Daikin has been expanding business until now while improving its management constitution through initiatives that include strengthening of sales capabilities and promotion of total cost reductions.