Daikin Industries,Ltd.
Notice Regarding Litigation Filed Against Our Company and Our U.S. Subsidiaries
On March 20, 2026, a class-action lawsuit concerning price-fixing of HVAC products was filed against our company and U.S. subsidiaries in the U.S. District Court for the Eastern District of Michigan. The amount of damages is currently unknown, and it is difficult to estimate the impact on business performance.
Key Figures
- Date of Litigation Filing: 2026-03-20
- Date of Summons Delivery (Subsidiaries): 2026-03-30 and thereafter
- Claimed Damages Amount: Unknown
AI要約
Overview of the Litigation
Our company and three U.S. subsidiaries were named defendants in a class-action lawsuit on March 20, 2026, in the U.S. District Court for the Eastern District of Michigan concerning alleged price-fixing of HVAC products. The plaintiffs represent purchasers of HVAC products since January 1, 2020, and are seeking damages, though the specific amount claimed has not been disclosed. The summons was delivered to the subsidiaries on or after March 30, 2026, while our company has not yet received formal service.
Future Response and Impact
Upon formal service of the summons, we will closely examine the claims and demands of the plaintiffs and respond appropriately. At this stage, it is difficult to reasonably estimate the impact of this litigation on our business results. We will promptly disclose any matters requiring public announcement as they arise.
Daikin Industries, Ltd.
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