Hino Motors, Ltd announced a private placement to issue 270,915,798 Common shares at a price of ¥448 per share for aggregate proceeds of ¥121,370,277,504 and 175,512,774 Class A shares at a price of ¥448 for aggregate proceeds of ¥78,629,722,752, and total gross proceeds of ¥200,000,000,256 on June 10, 2025. The amount of increase in Capital and Capital reserve amounts to ¥39,314,861,376. The transaction is expected to close between March 27, 2026 and September 26, 2026.

The estimated cost of issuance for common Shares is ¥434,795,971 and ¥285,204,029 for Class A shares amounting to a total issuance cost of ¥720,000,000 which includes registration tax and attorney fees. The transaction will include Participation from Toyota Motor Corporation. The transaction has been approved by the Board of Directors of the company.