Mitsubishi Fuso Truck & Bus Corporation and Hino Motors Ltd. have announced the name of their new joint holding company: ARCHION Corporation. This marks a significant milestone in their integration journey, following the final agreement signed on June 10, 2025, between their parent companies, Daimler Truck AG and Toyota Motor Corporation. ARCHION is scheduled to begin operations on April 1, 2026, and will hold 100% ownership of both Mitsubishi Fuso and Hino.
Production as well as logistics will also undergo major restructuring. By the end of 2028, five domestic truck manufacturing sites will be consolidated into three key locations: Kawasaki Plant (Kawasaki City, Kanagawa Prefecture); Koga Plant (Koga City, Ibaraki Prefecture); Nitta Plant (Ota City, Gunma Prefecture).
In this initiative Hino's Hamura Plant will be transferred to Toyota Motor Corporation, while Mitsubishi Fuso's Nakatsu Plant operations will be merged into the Kawasaki Plant.
For the ARCHION Group, it was planned to establish a 'Chief Technology Officer' (CTO) position at the Holding Company level to develop the Group's future technology roadmap and implement technical synergies through R&D and product/platform architecture. Satoshi Ogiso, currently CEO of Hino Motors, has been designated to fill this position, in addition to being designated as an Executive Director.
These positions will take effect from the planned business commencement on April 1, 2026, and subject to the necessary approvals and timely closing of the transaction. Until then, both gentlemen will remain in their current roles.
This development significantly impacts the commercial vehicles by uniting two major players in the sector to strengthen their position globally. The integration emphasizes the importance of the automotive engineering services, as the new holding company plans to enhance its R&D efforts and technical synergies to innovate future vehicle technologies.
