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Hino Motors ( (JP:7205) ) has provided an announcement.
Hino Motors has announced the execution of an agreement to transfer its Hamura Plant to Toyota Motor Corporation through a simplified absorption-type company split. This strategic move involves establishing Toyota Motor Hamura, Inc. as a wholly owned subsidiary, which will succeed the Hamura Plant, with the transfer of shares to Toyota scheduled for April 1, 2026. This transfer is part of a broader business integration strategy and may impact Hino’s operational focus and market positioning.
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 company operating in the automotive industry, primarily engaged in the manufacture of automobiles, including SUVs and light trucks, as well as automotive parts. The company is a significant player in the market, with a focus on vehicle production and related components.
Average Trading Volume: 4,288,573
Technical Sentiment Signal: Sell
Current Market Cap: Yen221.6B
For detailed information about 7205 stock, go to TipRanks’ Stock Analysis page.