Top Page
Hino Motors
(7205)
Hino Motors (7205) vs. iShares MSCI Japan ETF (EWJ)
Hino Motors Business Overview & Revenue Model
Hino Motors Financial Statement Overview
| Breakdown | TTM | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 1.65T | 1.70T | 1.52T | 1.51T | 1.46T | 1.50T |
| Gross Profit | 294.21B | 295.71B | 233.58B | 239.66B | 250.51B | 212.83B |
| EBITDA | 127.09B | 116.97B | 48.38B | 74.70B | 88.77B | 67.00B |
| Net Income | -203.98B | -217.75B | 17.09B | -117.66B | -84.73B | -7.49B |
Balance Sheet | ||||||
| Total Assets | 1.33T | 1.48T | 1.46T | 1.36T | 1.26T | 1.23T |
| Cash, Cash Equivalents and Short-Term Investments | 92.19B | 193.60B | 76.95B | 82.15B | 66.25B | 56.19B |
| Total Debt | 407.64B | 422.47B | 389.68B | 305.78B | 170.99B | 182.14B |
| Total Liabilities | 1.07T | 1.23T | 1.00T | 928.32B | 742.34B | 626.62B |
| Stockholders Equity | 194.41B | 178.47B | 392.05B | 367.92B | 458.17B | 554.25B |
Cash Flow | ||||||
| Free Cash Flow | 0.00 | -60.86B | -177.73B | -99.13B | 57.28B | 58.02B |
| Operating Cash Flow | 0.00 | 1.13B | -110.41B | -40.80B | 106.71B | 108.43B |
| Investing Cash Flow | 0.00 | -4.20B | 39.24B | -60.26B | -62.02B | -54.93B |
| Financing Cash Flow | 0.00 | 29.34B | 55.64B | 114.21B | -39.31B | -39.69B |
Hino Motors Technical Analysis
Hino Motors Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
71 Outperform | ¥1.61T | 8.25 | ― | 3.74% | -5.66% | -28.73% | |
68 Neutral | ¥43.34T | 8.70 | 12.89% | 2.78% | 6.44% | 11.88% | |
66 Neutral | ¥506.38B | 26.18 | -0.65% | 3.33% | -0.87% | -105.50% | |
63 Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% | |
56 Neutral | ¥132.07B | 19.38 | ― | 1.29% | 28.98% | ― | |
47 Neutral | ¥1.22T | -12.05 | -16.69% | ― | -3.01% | -755.71% | |
39 Underperform | ¥226.74B | 6.86 | 39.41% | ― | -0.99% | ― |
Hino Motors Corporate Events
Hino Motors said that ARCHION Corporation, the new integrated entity formed through the business integration of Hino Motors and Mitsubishi Fuso Truck and Bus Corporation, is scheduled to list on the Prime Market of the Tokyo Stock Exchange on April 1, 2026. On the same date, ARCHION shares will be eligible for loan margin trading, following an announcement of their selection on March 11, 2026.
The company expects the designation of ARCHION stock as a loan margin trading issue to enhance liquidity and improve the supply-demand balance, supporting more active trading and fairer price formation in the market. This step underscores efforts by Hino, its parent Toyota Motor Corporation, and Daimler Truck AG, parent of Mitsubishi Fuso, to position the new integrated truck and bus manufacturer as a more visible and efficiently traded player in Japan’s capital markets.
The most recent analyst rating on (JP:7205) stock is a Sell with a Yen374.00 price target. To see the full list of analyst forecasts on Hino Motors stock, see the JP:7205 Stock Forecast page.
Hino Motors has announced an update on its capital measures related to the ongoing business integration with Mitsubishi Fuso Truck and Bus Corporation. As part of this process, Hino will issue common shares and Class A shares to its parent company, Toyota Motor Corporation, via a third-party allotment to support the integrated structure.
Following the Tokyo Stock Exchange’s approval to list ARCHION Corporation, the new integrated entity formed through the business integration, Hino has set March 27, 2026 as the payment date for the share issuance. The move advances the formalization of the integration and clarifies the timeline for capital reinforcement and corporate restructuring within the Toyota commercial vehicle group.
The most recent analyst rating on (JP:7205) stock is a Sell with a Yen432.00 price target. To see the full list of analyst forecasts on Hino Motors stock, see the JP:7205 Stock Forecast page.
Hino Motors, Ltd., a leading Japanese truck and bus maker under the Toyota group, is moving ahead with its planned business integration with Mitsubishi Fuso Truck and Bus Corporation, which is backed by Daimler Truck AG. The combined entity, ARCHION Corporation, will operate in the commercial vehicle sector with a focus on leveraging the strengths of both legacy manufacturers.
The Tokyo Stock Exchange has approved the listing of ARCHION Corporation on its Prime Market, with trading scheduled to begin on April 1, 2026, under the securities code 543A. As part of this transition, Hino’s shares will have their last trading day on March 27, 2026, be delisted on March 30, and then be replaced by ARCHION shares, marking a significant structural shift for shareholders and signaling a stronger competitive positioning in the commercial vehicle industry.
The most recent analyst rating on (JP:7205) stock is a Sell with a Yen432.00 price target. To see the full list of analyst forecasts on Hino Motors stock, see the JP:7205 Stock Forecast page.
Hino Motors, Ltd. said its board has approved the cancellation of all treasury shares it holds immediately before ARCHION Corporation acquires all issued Hino shares on April 1, 2026, via a previously agreed share exchange. The move is a procedural step tied to Hino’s business integration with Mitsubishi Fuso Truck and Bus Corporation, under a broader deal involving parent companies Toyota Motor Corporation and Daimler Truck AG, and will also cover any shares repurchased from dissenting shareholders exercising appraisal rights.
The cancellation will eliminate roughly 0.07% of Hino’s issued shares currently held in treasury, streamlining the capital structure ahead of the integration under holding company ARCHION. While the absolute number of shares is small, the action underscores the finalization of the share exchange framework and marks further progress toward combining Hino and Mitsubishi Fuso’s truck and bus operations, with implications for competitive dynamics in the global commercial vehicle industry.
The most recent analyst rating on (JP:7205) stock is a Sell with a Yen416.00 price target. To see the full list of analyst forecasts on Hino Motors stock, see the JP:7205 Stock Forecast page.
Hino Motors has received a notice from the Japan Fair Trade Commission that it will not issue a cease and desist order against the planned business integration with Mitsubishi Fuso Truck and Bus Corporation, provided certain remedial measures are implemented. With this conditional antitrust clearance secured, Hino, Mitsubishi Fuso, Toyota, and Daimler Truck plan to move forward with preparations to complete the integration on April 1, 2026, a step expected to reshape Japan’s commercial vehicle landscape and strengthen their competitive position.
The most recent analyst rating on (JP:7205) stock is a Sell with a Yen416.00 price target. To see the full list of analyst forecasts on Hino Motors stock, see the JP:7205 Stock Forecast page.
Hino Motors has reported consolidated net sales of ¥1,141.2 billion for the third quarter of the fiscal year ending March 31, 2026, down 10.9% year on year, but delivered a sharp recovery in profitability, with operating income up 39.3% to ¥62.8 billion and ordinary income up 179.2% to ¥55.0 billion, resulting in profit attributable to owners of parent of ¥30.6 billion versus a large loss a year earlier. The company’s equity ratio improved to 15.8% from 12.1%, and while it continues to pay no interim dividends, it has revised its full-year forecast to net sales of ¥1.55 trillion (down 8.7% from the previous year) and profit attributable to owners of parent of ¥75.0 billion, signaling ongoing earnings recovery despite softer top-line growth and suggesting a gradual strengthening of its financial position following prior losses.
The most recent analyst rating on (JP:7205) stock is a Sell with a Yen406.00 price target. To see the full list of analyst forecasts on Hino Motors stock, see the JP:7205 Stock Forecast page.
Hino Motors has announced a change in its representative director as part of a broader reorganization tied to its upcoming business integration with Mitsubishi Fuso Truck and Bus Corporation in April 2026, which will make Hino a wholly owned subsidiary of the newly established ARCHION Corporation. Effective April 1, 2026, Senior Managing Officer and current board member Naoki Sato will become a Representative Director, supporting the transition as President and Representative Director Satoshi Ogiso steps down and Satyakam Arya assumes the presidency, signaling a leadership reshuffle aimed at driving corporate transformation and strengthening Hino’s global business under the new group management structure.
The most recent analyst rating on (JP:7205) stock is a Sell with a Yen369.00 price target. To see the full list of analyst forecasts on Hino Motors stock, see the JP:7205 Stock Forecast page.
Hino Motors has revised upward its full-year earnings forecast for the fiscal year ending March 2026, projecting higher net sales, operating income, ordinary income, and profit attributable to owners of the parent compared with its November guidance. The company now expects net sales of ¥1.55 trillion and profit attributable to owners of the parent of ¥75 billion, a sharp recovery from the previous fiscal year’s large loss, driven by improved pricing in Japan and overseas, the impact of yen depreciation, cost reductions, and an anticipated gain on the sale of investment securities in HOTAI MOTOR CO., LTD., signaling a stronger earnings rebound and improved financial footing for stakeholders.
The most recent analyst rating on (JP:7205) stock is a Sell with a Yen369.00 price target. To see the full list of analyst forecasts on Hino Motors stock, see the JP:7205 Stock Forecast page.
Hino Motors reported consolidated net sales of ¥1,141.2 billion for the third quarter of the fiscal year ending March 31, 2026, a 10.9% decline from the prior-year period, but significantly improved profitability with operating income up 39.3% to ¥62.8 billion and ordinary income up 179.2% to ¥55.0 billion. Profit attributable to owners of the parent swung from a loss of ¥265.4 billion a year earlier to a profit of ¥30.6 billion, while equity capital and the equity ratio also strengthened, lifting net assets to ¥291.8 billion and the equity ratio to 15.8%. Despite this earnings recovery, the company maintained a zero-dividend stance to date in FY2026 and left the full-year dividend forecast undecided, signaling continued balance-sheet prudence. Hino revised its full-year outlook, now projecting FY2026 net sales of ¥1,550.0 billion, down 8.7% year on year, but expecting operating income of ¥75.0 billion and profit attributable to owners of the parent of ¥75.0 billion, underscoring a focus on restoring sustainable profitability even amid softer top-line growth.
The most recent analyst rating on (JP:7205) stock is a Sell with a Yen369.00 price target. To see the full list of analyst forecasts on Hino Motors stock, see the JP:7205 Stock Forecast page.
Hino Motors has approved the sale of its entire 2.0% stake in Taiwan-based HOTAI MOTOR CO., LTD. to its parent company Toyota Motor Corporation, a transaction expected to generate approximately ¥30.1 billion in extraordinary income and bolster Hino’s financial position ahead of its planned business integration with Mitsubishi Fuso Truck and Bus Corporation. Because the deal constitutes a transaction with a controlling shareholder, Hino sought oversight from a special committee of independent outside directors, excluded a conflicted director associated with Toyota from deliberations, and engaged external legal advisors, asserting that these governance measures ensure fairness and protect minority shareholders’ interests in line with its stated corporate governance policy.
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.
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.