DAIKIN INDUSTRIES,LTD. [6367.T]
TOKYO, Apr 10 (Pulse News Wire) – Daikin Industries,ltd. (6367.T) and its US subsidiaries, Daikin Comfort Technologies North America, Inc., Daikin Applied Americas Inc., and Thermal-Netics LLC, were sued in the United States District Court for the Eastern District of Michigan on March 20, 2026.
The lawsuit alleges that the companies colluded to raise prices on HVAC products sold in the US since January 1, 2020, causing damages to consumers who purchased such products. Plaintiffs, led by Alyssa Berg from Minnesota, claim unspecified monetary damages against the defendants. Daikin received notice of the suit through public court records but was not officially served. The company plans to review the claims thoroughly upon receiving formal service and respond appropriately.
Details of the US subsidiaries involved include: - Daikin Comfort Technologies North America, Inc., located in Texas, with capital of unknown amount. - Daikin Applied Americas Inc., based in Minnesota, with capital of. - Thermal-Netics LLC, situated in Michigan, also with capital of unknown amount. At this stage, assessing potential impacts on Daikin's performance due to the lawsuit remains challenging.
The company will promptly disclose any further developments related to the case.
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