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The latest update is out from Hino Motors ( (JP:7205) ).
Hino Motors has reached an in-principle agreement to settle a class action in New Zealand relating to losses allegedly suffered by owners of Hino diesel vehicles due to the company’s historic misconduct. The proposed settlement, covering people who acquired certain Hino diesel vehicles in New Zealand between March 2010 and March 2025, amounts to NZD 10.9 million (about JPY 980 million) and will be recorded as a special loss in the company’s third-quarter fiscal 2026 results, subject to approval by the High Court of New Zealand; while the agreement involves no admission of liability, Hino says the move is intended to avoid prolonged litigation and limit the impact of the dispute on its business and stakeholders, and it will disclose any further financial implications once its analysis is complete.
The most recent analyst rating on (JP:7205) stock is a Hold with a Yen390.00 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 Japanese commercial vehicle manufacturer listed on the Tokyo and Nagoya stock exchanges, specializing in the production and distribution of diesel-powered trucks and buses for global markets, including New Zealand.
Average Trading Volume: 3,899,880
Technical Sentiment Signal: Strong Sell
Current Market Cap: Yen225B
Find detailed analytics on 7205 stock on TipRanks’ Stock Analysis page.