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hino motors ltd (7205) Snapshot

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hino motors ltd (7205) Details

Hino Motors, Ltd. manufactures and sells commercial vehicles worldwide. The company provides light, medium, and heavy duty trucks; bus chassis; diesel trucks and buses; and passenger vehicles. It is also engaged in developing and manufacturing diesel engines for industrial applications. In addition, the company provides spare parts, supply systems, and lubricants. Hino Motors, Ltd. was founded in 1910 and is headquartered in Tokyo, Japan. Hino Motors Ltd. operates as a subsidiary of Toyota Motor Corporation.

28,998 Employees
Last Reported Date: 06/20/14
Founded in 1910

hino motors ltd (7205) Top Compensated Officers

President and Representative Director
Total Annual Compensation: ¥106.0M
Compensation as of Fiscal Year 2014.

hino motors ltd (7205) Key Developments

Hino Motors to Invest Up to $8 Million to Expand its Truck Assembly Facility in Williamstown

Hino Motors Ltd. plans to invest up to $8 million to expand its truck assembly facility in Williamstown, an investment that could create up to 50 permanent jobs at the plant.

Hino Motors Begins Construction of New Engine Production Plant at Nitta Plant

Hino Motors Ltd. has begun construction of a new engine production plant in the premises of the Nitta Plant in Gunma. The company plans to relocate this process from the Hino Plant in Tokyo to the Nitta Plant, and operations at the new facility are scheduled to begin mid-2016. The Nitta Plant currently already produces small- to medium-sized engines, so with the commencement of large engine production at the new facility, all engine production will be consolidated at Nitta. In addition to measures for improving efficiency, the company plans to equip the new large engine plant with production-line capabilities that offer ability to produce medium-sized engines as well, giving the plant more flexibility in accommodating fluctuations in the quantities and types of engines needed.

Hino Motors Ltd. Reports Consolidated Earnings Results for the Nine Months Ended December 31, 2014; Provides Consolidated and Non-Consolidated Earnings Guidance for the Year Ending March 31, 2015; Provides Year End Dividend Guidance for the Year Ending March 31, 2015

Hino Motors Ltd. reported consolidated earnings results for the nine months ended December 31, 2014. For the nine months, the company's net income declined 10.3% year on year to JPY 53.2 billion (USD 446.5 million), while its operating income fell 11.7% year on year to JPY 80.4 billion. Sales revenues in the period fell 2.6% year on year to JPY 1.22 trillion. The decline in overseas sales was led mainly by weak sales of 21,275 units, down 18.5% year on year in Indonesia due to a change in administration in the country and a considerable drop of sales to 9,120 units, down 35.1% year on year in Thailand in the first nine months of the current fiscal year, which is now on a recovery trend. Ordinary income was JPY 82,615 million compared to JPY 87,657 million a year ago. Diluted net income per share was JPY 92.75 compared to JPY 103.48 a year ago. Income before income taxes was JPY 83,208 million compared to JPY 91,114 million a year ago. For the year ending March 31, 2015, on consolidated basis, the company expects net sales of JPY 1,660,000 million, operating income of JPY 105,000 million, ordinary income of JPY 103,000 million and net income of JPY 69,000 million or JPY 120.46 per share. For the year ending March 31, 2015, on non-consolidated basis, the company expects net sales of JPY 1,170,000 million, operating income of JPY 63,000 million, ordinary income of JPY 76,000 million and net income of JPY 52,000 million or JPY 90.76 per share. For the year ending March 31, 2015, the company expects year end dividend of JPY 20.00 per share.


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