Hino Motors, Ltd. announced that it has set March 27, 2026, as the scheduled payment date for the third-party allotment capital increase to Toyota Motor Corporation, resolved on June 10, 2025.
Hino Motors resolved to cancel all 426,984 shares of treasury stock it holds (representing 0.07% of total outstanding shares) as of the reference date of April 1, 2026.
Hino Motors has received notification from the Japan Fair Trade Commission that it will not issue a cease and desist order regarding the business integration with Mitsubishi Fuso Truck and Bus, and continues preparations toward the scheduled business integration on April 1, 2026.
For the cumulative third quarter of FY2026 ending March, net sales were JPY 1,141.2037 billion (down 10.9% YoY), operating income was JPY 62.764 billion (up 39.3% YoY), and net income attributable to owners of the parent turned positive at JPY 30.58 billion.
Scheduled change of Representative Director and President from Akira Ogiso to Naoki Sato on April 1, 2026. The purpose is to establish a new group structure following the business integration.
Hino Motors plans to sell its 2.0% stake in Hotai Motor Co., Ltd. to Toyota Motor Corporation and record approximately JPY 30.116 billion in special profit in the fiscal year ending March 2026.