added information about working with elliot investment and jump in shares
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Revision as of 16:38, 26 April 2026 |
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On February 27, 2025, Daikin announced that the company will stop producing white phosphorus shells.[{{cite web |title=Daikin to stop making white phosphorus shells under investor pressure |url=https://asia.nikkei.com/Spotlight/ESG/Daikin-to-stop-making-white-phosphorus-shells-under-investor-pressure2 |access-date=1 March 2025 |website=[[The Nikkei|Nikkei Asia]] |date=27 February 2025 |last=Tsutsumi |first=Kentaro |url-access=subscription}}] |
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On February 27, 2025, Daikin announced that the company will stop producing white phosphorus shells.[{{cite web |title=Daikin to stop making white phosphorus shells under investor pressure |url=https://asia.nikkei.com/Spotlight/ESG/Daikin-to-stop-making-white-phosphorus-shells-under-investor-pressure2 |access-date=1 March 2025 |website=[[The Nikkei|Nikkei Asia]] |date=27 February 2025 |last=Tsutsumi |first=Kentaro |url-access=subscription}}] |
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In April 2026, Elliott Investment Management said it would work with Daikin to improve performance and narrow its valuation gap with peers. This led Daikin's shares to jump by as much as 13.9%.[{{Cite web |last=Lee |first=Justina |date=2026-04-16 |title=Daikin shares jump 14% after activist investor Elliott pushes for reforms |url=https://www.cnbc.com/2026/04/16/daikin-shares-jump-elliott-activist-investment-valuation-gap-nikkei225.html |access-date=2026-04-26 |website=CNBC |language=en}}] |
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===Centennial celebration=== |
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===Centennial celebration=== |