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Hino Motors ( (JP:7205) ) has issued an announcement.
Hino Motors has announced the transfer of its Hamura Plant to Toyota Motor Corporation as part of a strategic move to enhance competitiveness in the commercial vehicle industry. This transfer is aligned with Hino’s business integration with Mitsubishi Fuso Truck and Bus Corporation, aiming to optimize role-sharing with Toyota and contribute to a sustainable mobility society. The Hamura Plant, with its long history of manufacturing expertise, will continue to play a crucial role in Toyota’s mission to produce high-quality vehicles.
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 company operating in the commercial vehicle industry, focusing on the production of trucks and buses. The company is known for its manufacturing expertise in light-duty trucks and vehicles like the Hilux and Land Cruiser 250, serving a global customer base.
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.