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    7205   JP3792600003

HINO MOTORS, LTD.

(7205)
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Hino Motors to Sell Isuzu Motors Diesel Trucks in North America

07/29/2021 | 02:13am EDT

By Kosaku Narioka

Hino Motors Ltd. said Thursday that it will sell diesel trucks made by Isuzu Motors Ltd. at Hino dealers in the U.S. and Canada starting in October.

Hino, the truck-making unit of Toyota Motor Corp., said the supply agreement will have a minor impact on its earnings for the fiscal year ending March 2022.

Hino had said in December that it would suspend production of vehicles at two North America plants, citing issues in the U.S. engine certification testing process. Hino had said at the time that it planned to resume production at the two plants in October 2021.

Write to Kosaku Narioka at kosaku.narioka@wsj.com

(END) Dow Jones Newswires

07-29-21 0413ET

Stocks mentioned in the article
ChangeLast1st jan.
HINO MOTORS, LTD. 2.79% 1031 End-of-day quote.17.29%
ISUZU MOTORS LIMITED 3.80% 1504 End-of-day quote.53.47%
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Financials
Sales 2022 1 409 B 12 725 M 12 725 M
Net income 2022 18 532 M 167 M 167 M
Net Debt 2022 98 937 M 893 M 893 M
P/E ratio 2022 32,0x
Yield 2022 1,37%
Capitalization 592 B 5 346 M 5 344 M
EV / Sales 2022 0,49x
EV / Sales 2023 0,46x
Nbr of Employees 34 527
Free-Float 46,8%
Chart HINO MOTORS, LTD.
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Technical analysis trends HINO MOTORS, LTD.
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TrendsBullishNeutralNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 13
Last Close Price 1 031,00 JPY
Average target price 1 082,33 JPY
Spread / Average Target 4,98%
EPS Revisions
Managers and Directors
Satoshi Ogiso President & Representative Director
Yoshio Shimo Chairman
Kenji Nagakubo General Manager-Technology Development
Ichiro Hisada Director & General Manager-Operations
Motokazu Yoshida Independent Outside Director
Sector and Competitors
1st jan.Capi. (M$)
HINO MOTORS, LTD.17.29%5 346
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