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The latest update is out from Hino Motors ( (JP:7205) ).
Hino Motors has announced a third-party allotment of common and class A shares to Toyota Motor Corporation to fund its business integration with Mitsubishi Fuso Truck and Bus Corporation. This move aims to improve Hino’s financial condition by strengthening its capital and equity ratio, facilitating a smooth integration process.
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. operates in the automotive industry, primarily focusing on the manufacturing and sale of trucks and buses. The company is involved in business integration with Mitsubishi Fuso Truck and Bus Corporation to enhance its market position.
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.