On December 17, 2018, the University of Tokyo (“UTokyo”) and Daikin Industries, Ltd. (“Daikin”) held a joint press conference at the Sanjo Hall of the university, attended by Makoto Gonokami, President of UTokyo; Toshiya Watanabe, Executive Officer and Vice President of UTokyo and Director for the Division of University Corporate Relations; and by Noriyuki Inoue, Chairman of the Board and Chief Global Group Officer of Daikin; and Katsumi Kawahara, Deputy Director of Technology Innovation Center at Daikin.

This university-corporate relations agreement has been concluded to promote, at a high level, comprehensive joint research and human resource exchange between UTokyo and Daikin, as well as collaboration with startup companies associated with UTokyo. This agreement is valid for ten years starting December 2018, with the planned investment of approx. ten billion yen.