Who owns Toshiba (air conditioning)?
Toshiba (air conditioning) is made and sold by Carrier (the United States, NYSE: CARR) under licence, an arrangement in place since 2022; Carrier does not own the name.[1][2] Made and sold under licence by Toshiba Carrier Corporation, in which Carrier took a majority stake on 1 August 2022 and Toshiba Corporation kept 5%. The deal included the long-term use of the Toshiba name, which Toshiba Corporation owns.
Evidence: Carrier Global Corporation Annual Report on Form 10-K filed 2026-02-05, SEC EDGAR, 5 February 2026. Verified from filings; last checked .
Key facts
- Licensed to
- Carrier Global Corporation verified
- Since
- Headquarters
- 🇺🇸 United States, Palm Beach Gardens
- Origin
- 🇯🇵 Japan
- Category
- Technology › Hardware › Home appliances
- Parent ticker
- NYSE: CARR
- Last verified
- · 2 sources
About Toshiba (air conditioning)
Toshiba air conditioners, variable refrigerant flow systems, compressors and heat pumps are made by Toshiba Carrier Corporation, a joint venture Carrier and Toshiba formed on 1 April 1999. Carrier agreed on 6 February 2022 to take a majority of it and completed the purchase on 1 August 2022. The deal included its research centres and factories and the long-term use of Toshiba's brand, while Toshiba Corporation kept 5%. Toshiba-branded home appliances are a different business, made by Midea.
Ownership timeline of Toshiba (air conditioning)
Where Toshiba (air conditioning) sits in Carrier
Controlling ownership as of . Brands grouped under the entity that owns them; large groups are collapsed.
Open the full Carrier ownership tree →
See the full Carrier brand portfolio (2) →
Other brands owned by Carrier
Carrier controls 3 brands on Brandtree, 3 of them in technology.
Also in technology
Other brands in home appliances, and who owns them
The 13 brands in home appliances on Brandtree belong to 4 owners. The largest is Daikin, with 5; Carrier has 2.
| Brand | Owner | Owner based in |
|---|---|---|
| Daikin | Daikin | 🇯🇵 Japan |
| Armstrong Air | Lennox | 🇺🇸 United States |
| Presto | National Presto | 🇺🇸 United States |
| Daikin Altherma | Daikin | 🇯🇵 Japan |
| Daikin Applied | Daikin | 🇯🇵 Japan |
| Goodman | Daikin | 🇯🇵 Japan |
| Ururu Sarara | Daikin | 🇯🇵 Japan |
| Ducane | Lennox | 🇺🇸 United States |
About the owner: Carrier
Carrier is a publicly listed company headquartered in Palm Beach Gardens, United States.
Carrier Global makes heating, air-conditioning and cold-chain equipment and has been an independent listed company since United Technologies spun it off on 3 April 2020. In 2025 it reported net sales of $21.7 billion, about 52% of them from international operations including US exports. In 2024 it sold its fire, access and commercial refrigeration businesses and bought Viessmann's climate solutions business, completing that deal on 2 January 2024. It sold its Riello burner and boiler business to Ariston Group on 1 July 2026 and has announced its exit from NORESCO.
🇯🇵 Toshiba (air conditioning) and other Japanese brands
Brandtree records a controlling owner for 456 brands that began in Japan. 23 of them (5%) are now controlled by a company headquartered in another country, Toshiba (air conditioning) among them.
Frequently asked questions
Who makes Toshiba (air conditioning)?
Carrier makes and sells Toshiba (air conditioning) under a licensing agreement that has been in place since 2022.
Does Carrier own Toshiba (air conditioning)?
No. Carrier holds a licence to make and sell Toshiba (air conditioning), which is not the same as owning it.
Where did Toshiba (air conditioning) come from?
Toshiba (air conditioning) originated in Japan.
Sources (2) & corrections
Last verified . Every ownership fact above is backed by one of these primary documents. Numbers in brackets in the text refer to this list.
- [1] Carrier Global Corporation Annual Report on Form 10-K filed 2026-02-05 — SEC EDGAR, SEC Form 10-K, published 5 February 2026; retrieved 26 October 2026.
- [2] Carrier Global Corporation — Form 10-K for fiscal year 2022 — Carrier Global Corporation, SEC Form 10-K, published 7 February 2023; retrieved 26 October 2026.
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