Johnson Controls Hitachi

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Johnson Controls Hitachi Air Conditioning
ISIN INE782A01015
Industry
Founded2015;10 years ago (2015) [1]
Headquarters Tokyo,
Japan
Area served
Worldwide
Key people
Shoji Akiyama (CEO)
Shinichi Iizuka (COO)
Products
Number of employees
15,000+ (2018) [1]
Parent Johnson Controls (60%)
Hitachi Appliances (40%)
Website www.jci-hitachi.com
www.hitachiaircon.com

Johnson Controls Hitachi AC Limited is a Japanese multinational air conditioning manufacturing company that manufactures home appliances and specialises in air conditioning and cooling technology. The company was incorporated on 1 October 2015 in Tokyo, as a Joint Venture between Johnson Controls and Hitachi Appliances. The Chief Executive Officer of the company is Shoji Akiyama. [2] The shares of its major subsidiary in India are traded on the Bombay Stock Exchange under symbol JCHAC.

Contents

Acquisition

In July 2024, Johnson Controls said it would sell its residential and light commercial buildings business to Bosch for $6.7 billion. As part of the deal, Bosch will acquire 100% of the Johnson Controls-Hitachi Air Conditioning joint venture, including Hitachi’s 40% stake. Johnson Controls will continue selling York and Coleman products, while the Hitachi brand will remain in Asia under a long-term license with Bosch Home Comfort Group. [3] [4]

India

In India, Hitachi air conditioners are manufactured and marketed by Hitachi Home & Life Solutions India Ltd, which is a joint venture between Hitachi Homes and the Johnson Controls group based in Ireland. The company is headquartered in Ahmadabad, Gujarat. It has another Global Development Center in Kadi, Gujarat. [5]

References

  1. 1 2 "Overview & About Us". Johnson Controls-Hitachi. Retrieved 27 March 2022.
  2. ↑ "Our Leadership". Johnson Controls-Hitachi.
  3. ↑ "Johnson Controls to Sell Residential and Light Commercial HVAC Businesses". Johnson Controls. Archived from the original on 18 September 2025.
  4. ↑ "Questions and Answers". Bosch Home Comfort Group. Retrieved 7 August 2024.
  5. ↑ "Johnson Controls-Hitachi Air Conditioning opens Global Development Center in India". Johnson Controls-Hitachi.
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