Markets & companies
Daikin and NEXTY Electronics Launch Thai Joint Venture for AC Embedded Software Development
The new 40-million-baht company, established April 27, 2026, will initially handle commissioned embedded software for Daikin's Thai operations before expanding to Daikin Group development bases across ASEAN. The venture pairs Daikin's air-conditioning system architecture with NETH's roughly 20-year automotive embedded-software track record.
Daikin Industries (Thailand) Ltd. (DIT) and Toyota Tsusho NEXTY Electronics (Thailand) Co., Ltd. (NETH) have established a joint venture, Daikin Toyota Tsusho Electronics (Thailand) Ltd., dedicated to embedded software development for air conditioning systems.
Joint venture at a glance
- Company name: Daikin Toyota Tsusho Electronics (Thailand) Ltd.
- Established: April 27, 2026
- Registered capital: 40 million Thai Baht
- Shareholding: DIT 51.0 %; NETH 49.0 %
- President: Kunitaka Morimoto
- Address: 14th Floor, Mercury Tower, 540 Ploenchit Road, Lumpini, Pathumwan, Bangkok 10330, Thailand
- Business: Embedded software development for air conditioning systems
Embedded software, as defined in the press release, is software built into devices such as home appliances and industrial equipment that controls and operates their various functions.
Why a dedicated software entity
According to the companies, software development in the air-conditioning field has rapidly diversified and grown in complexity in recent years, expanding beyond the embedded domains of equipment and controllers to include cloud integration and data utilization. Against this backdrop, strengthening software development capabilities and the continuous secure cultivation of human resources have become critical management issues for accelerating the launch of differentiated products and expanding solution services that enhance customer value.
NETH brings approximately 20 years of track record in automotive embedded software development, a sector that demands high quality. The software architecture DIT is pursuing for air conditioning has high affinity with the state-of-the-art design philosophies cultivated in the automotive field, and the companies aim to strengthen development through the high synergy effects arising from the fusion of both companies' technologies.
Scope and expansion
The joint venture will initially commence with commissioned development of embedded software for DIT. Going forward, the company plans to expand its capabilities to also address the software development needs of Daikin Group air-conditioning development bases across ASEAN countries and beyond. By advancing the development and cultivation of development engineers in addition to improving development speed and efficiency, the venture will work toward the sustainable building of a competitive software development framework and contribute to further value creation in the air-conditioning business.
Parent companies
Daikin Industries (Thailand) Ltd. – established February 12, 1990; President Tsutomu Kurihara; 700/11 Moo 1, Bangna-trad Rd. Km. 57, Tambol Klongtamru, Amphur Muang, Chonburi 20000, Thailand. Business: development, production, sales and marketing, and service of air conditioning products.
Toyota Tsusho NEXTY Electronics (Thailand) Co., Ltd. – established April 17, 2005; President Takeo Murata; 15th–16th Floor, Mercury Tower, 540 Ploenchit Road, Lumpini, Pathumwan, Bangkok 10330, Thailand. Business: embedded software development, electronic device sales, design and development support.
Source: Daikin press release, Bangkok, May 20, 2026.
ORIGINAL SOURCE
Daikin Global: Press ↗Visit the original source for additional details.
