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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 | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 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 | -106.41B | -117.73B | 111.18B | -25.44B | 26.32B | 56.98B |
| 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 | 928.33B | 742.35B | 626.62B |
| Stockholders Equity | 194.41B | 178.47B | 392.05B | 367.91B | 458.17B | 554.25B |
Cash Flow | ||||||
| Free Cash Flow | 0.00 | -60.86B | -186.21B | -108.06B | 45.21B | 49.41B |
| Operating Cash Flow | 0.00 | 1.13B | -110.41B | -40.80B | 106.71B | 108.43B |
| Investing Cash Flow | 0.00 | -4.60B | 39.24B | -60.26B | -62.18B | -56.21B |
| Financing Cash Flow | 0.00 | 29.74B | 55.64B | 114.21B | -39.15B | -38.41B |
Hino Motors Technical Analysis
Hino Motors Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
77 Outperform | ¥1.77T | 13.03 | ― | 3.74% | -5.66% | -28.73% | |
65 Neutral | $747.34B | 22.35 | 1.72% | 4.52% | -0.83% | -75.20% | |
64 Neutral | ¥553.47B | -82.00 | -0.65% | 3.33% | -0.87% | -105.50% | |
63 Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% | |
56 Neutral | ¥134.50B | 16.39 | ― | 1.29% | 28.98% | ― | |
49 Neutral | ¥1.32T | -1.44 | -16.69% | ― | -3.01% | -755.71% | |
39 Underperform | ¥238.80B | 3.05 | 12.52% | ― | -0.99% | ― |
Hino Motors Corporate Events
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.
Hino Motors’ board has approved definitive agreements with ARTS-4 Inc., a SPARX Group–backed vehicle, and SAWAFUJI ELECTRIC under which Hino will not tender its shares in SAWAFUJI ELECTRIC into a takeover bid and SAWAFUJI will instead be taken private and made a wholly owned subsidiary of ARTS-4. The transaction, implemented via share consolidation and a treasury share acquisition following the tender offer, will remove SAWAFUJI ELECTRIC from Hino’s equity-method affiliates, while Hino expects the new ownership structure and SPARX’s support through the Japan Monozukuri Mirai Fund and Toyota Production System know-how to strengthen SAWAFUJI’s production and management systems, accelerate its development of technologies for electrified power sources and fuel cells, and ultimately enhance its corporate value and ability to supply high-quality, cost-competitive products to the Hino group.
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 decided to transfer managerial control of six domestic sales subsidiaries—Higashi Hokkaido Hino Motors, Hokkaido Hino Motors, Miyagi Hino Motors, Fukushima Hino Motors, Minami Kanto Hino Motors, and Shizuoka Hino Motors—by selling majority stakes to long-standing partners HO TAI MOTOR of Taiwan and Aichi Hino Motors. The move, aligned with Hino’s planned business integration with Mitsubishi Fuso Truck and Bus Corporation, is intended to preserve competition in sales operations, address potential competition law concerns, and maintain a healthy commercial environment for commercial vehicle customers. Hino expects to book extraordinary income from gains on the sale of shares from April 2026 onward, and aims to reinforce its management base and long‑term competitiveness with the support of these partners, while also considering related real estate transactions for some Minami Kanto Hino Motors locations.
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 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.
Hino Motors has announced a significant step in its business integration with Mitsubishi Fuso Truck and Bus Corporation, forming a new entity named ARCHION Corporation. This integration aims to streamline operations and enhance market positioning, with the new management structure set to commence on April 1, 2026, potentially impacting stakeholders by consolidating resources and expertise within the commercial vehicle sector.
The most recent analyst rating on (JP:7205) stock is a Sell with a Yen353.00 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 Directors as part of a business integration with Mitsubishi Fuso Truck and Bus Corporation, effective April 2026. This integration will make Hino a wholly-owned subsidiary of ARCHION Corporation, aiming to enhance global operations and leverage group synergies under a new management structure.
The most recent analyst rating on (JP:7205) stock is a Sell with a Yen353.00 price target. To see the full list of analyst forecasts on Hino Motors stock, see the JP:7205 Stock Forecast page.
Hino Motors, Ltd. announced the granting of voting rights to shareholders acquiring shares in the newly formed holding company, ARCHION Corporation, following its business integration with Mitsubishi Fuso Truck and Bus Corporation. This integration, effective from April 1, 2026, aims to streamline operations and enhance market positioning by consolidating resources and expertise from both companies.
The most recent analyst rating on (JP:7205) stock is a Sell with a Yen353.00 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 its earnings forecast for the fiscal year ending March 2026, projecting higher operating, ordinary, and net incomes despite a decline in unit sales. This revision is attributed to factors such as yen depreciation and cost reductions. Additionally, Hino Motors announced that it will not pay an interim dividend as it focuses on strengthening its financial foundation, which has been impacted by an engine certification issue.
The most recent analyst rating on (JP:7205) stock is a Sell with a Yen353.00 price target. To see the full list of analyst forecasts on Hino Motors stock, see the JP:7205 Stock Forecast page.
Hino Motors reported its financial results for the second quarter of the fiscal year ending March 31, 2026, showing a significant improvement in profitability despite a decline in net sales. Operating income increased by 58% and ordinary income by 87.9% compared to the same period last year, indicating a strong recovery from previous losses. The company’s equity ratio also improved, reflecting a more robust financial position, which could positively impact its stakeholders and market positioning.
The most recent analyst rating on (JP:7205) stock is a Sell with a Yen353.00 price target. To see the full list of analyst forecasts on Hino Motors stock, see the JP:7205 Stock Forecast page.