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An announcement from Hino Motors ( (JP:7205) ) is now available.
Hino Motors has announced the execution of a business integration agreement with Mitsubishi Fuso Truck and Bus Corporation, supported by their parent companies, Toyota Motor Corporation and Daimler Truck AG. This integration aims to enhance the competitiveness of Japanese truck manufacturers by promoting environmentally friendly vehicles and improving operational efficiencies in development and production. The integration is expected to strengthen the foundation of the Japanese and Asian automotive industries, with a scheduled completion date of April 1, 2026.
The most recent analyst rating on (JP:7205) stock is a Hold with a Yen420.00 price target. To see the full list of analyst forecasts on Hino Motors stock, see the JP:7205 Stock Forecast page.
More about Hino Motors
Hino Motors, Ltd. is a prominent player in the automotive industry, primarily focusing on the production of commercial vehicles such as trucks and buses. The company is known for its commitment to contributing to a prosperous society through mobility, with a significant market presence in Japan and Asia.
Average Trading Volume: 3,070,349
Technical Sentiment Signal: Sell
Current Market Cap: Yen260.6B
For a thorough assessment of 7205 stock, go to TipRanks’ Stock Analysis page.