The university began as the Daido Technical-Educational Foundation in 1939. In 1969, the school became the Daido Institute of Technology. The university traces its origin back to the companies founded by Momosuke Fukuzawa. These companies consist of the Great Consolidated Electric Power Company, Limited (current: Kansai Electric Power Company and Chubu Electric Power Co., Inc.), the Nisshinbo Industries, Toho Gas Co., Ltd., Daido Steel Co., Ltd., Toagosei and Nagoya Railroad Co., Ltd. (Meitetsu), etc. He had a concept of a research institute for industrial technician trainings. The president of Daido Steel, Yoshio Shimoide (a member of the Japanese Diet), was inspired by his concept. In January 1939, Daido Technical-Educational Foundation was established by Yoshio Simoide.
