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Hino Motors and Mitsubishi Fuso Truck and Bus Corporation officially completed their business merger. "ARCHION"

[19th May, 2026]
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Hino Motors and Mitsubishi Fuso Truck and Bus Corporation (MFTBC) have completed their business integration under the newly established listed holding company "Archion," and commenced operations under the new structure on April 1, 2026.



Reorganization of Production Bases (by the end of 2028): To pursue synergies and cost reductions through the integration, Archion is implementing structural reforms to consolidate its domestic truck production bases from the current five to three by the end of 2028. The three bases to be continued/consolidated are: Kawasaki Plant (Kanagawa Prefecture), Koga Plant (Ibaraki Prefecture), and Nitta Plant (Gunma Prefecture). Bases to be closed/transferred: Mitsubishi Fuso's Nakatsu Plant (Kanagawa Prefecture) will be closed and its functions integrated into the Kawasaki Plant. Hino Motors' Hamura Plant (Tokyo) will be transferred to Toyota Motor Corporation.



Hino Motors and Mitsubishi Fuso Truck and Bus Corporation officially completed their business merger, launching operations under a newly established holding company named ARCHION Corporation.





Merger Overview & Corporate Structure




  • The New Entity: ARCHION Corporation operates as the holding company, with Hino and Mitsubishi Fuso functioning as subsidiaries under their distinct brands.

  • Ownership: Daimler Truck AG and Toyota Motor Corporation hold equal 25% stakes in ARCHION, with plans to list the remaining 50% on the Tokyo Stock Exchange.

  • Leadership: Karl Deppen serves as President & CEO, while Satoshi Ogiso acts as Group CTO.

  • Scale: The combined entity employs over 40,000 people.






Operational & Production Changes




  • Consolidation: Production sites are being streamlined to focus on key facilities in Japan to improve efficiency.

  • Restructuring: Specific plant operations are being transferred or absorbed into the consolidated, efficient production network.

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