tiprankstipranks
Trending News
More News >

Hino Motors Announces Share Issuance for Business Integration

Story Highlights
Hino Motors Announces Share Issuance for Business Integration

Confident Investing Starts Here:

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.

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.

Report an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1