Daikin FY2027 Sales Up 3% Despite Costs

Daikin posted Q4 operating profit of 107.1 bn yen, up 29% and beat forecasts.
Company projects FY2027 sales of 5.15 trn yen, a 3% increase, with HVAC growth in Americas (+9%), Europe (+6%), Asia (+7%) and Japan (+3%).
FY2027 operating profit forecast 436 bn yen (8.5% margin) offset by 128 bn yen raw‑material cost drag, 20 bn yen yen‑strength impact, and fixed costs.
Daikin announced a 350 bn yen off‑auction share buyback, about 14.5 m shares (5% of outstanding), to be executed Wednesday on ToSTNeT‑3.