TSE selected DAIKIN INDUSTRIES, LTD. ("DAIKIN") as the Grand Prix winner of the 7th Corporate Value Improvement Award, based on the results of the evaluation by the Listed Company Award Selection Committee (Chairman: Adjunct Professor Kunio Ito, Graduate School of Business Administration, Hitotsubashi University).Over the years, DAIKIN has consistently set and announced management goals that take capital costs into consideration (i.e., ROE and ROA). Furthermore, DAIKIN is a pioneer in having adopted originally-designed performance indicators, including DVA (Daikin Value Added), since 1999 and has successfully engrained a mindset conducive to achieving such targets internally. As a result, DAIKIN achieved sustainable value-creating growth, and the committee recognized that DAIKIN has engaged in excellent management initiatives toward improving corporate value.
The Awards ceremony will take place on February 19 from 11:00 a.m. at TSE with representatives from the Grand Prix winner and the other three recipients of Excellence Awards in attendance.