Steady progress is being made with the integration of two Japanese truck and bus manufacturers, Hino Motors and Mitsubishi Fuso. The new holding company under which the Hino and Fuso brands will operate has been named Archion. It will have its headquarters in Tokyo, and it is planned to start business operations as Archion on 1 April 2026.
The two brands will continue to operate independently as Hino Motors and Mitsubishi Fuso with the aim of the integration of the two companies being “Delivering the future of commercial mobility” with the focus on the customer and developing sustainable transportation solutions.
The potential synergies that have been identified include an “Integrated Platform Strategy” which will drive product enhancement, portfolio expansion, scale advantages, and investment efficiency. It will also optimise production variations and accelerate technology development.
Archion will combine the two component companies’ strengths in research and development, procurement, production, and logistics. The aim is to consolidate production in Japan into three locations by the end of 2028.
“We are now taking the next step to bring our shared vision to life: With Archion, we aim to ‘Deliver the future of commercial mobility’ for the benefit of our customers and all stakeholders. With the strong Fuso and Hino brands, we will provide superior products and solutions to meet the needs of for our customers. Archion will implement an effective governance model to build trust by promoting transparency, compliance and improving financial performance,” said Karl Deppen, designated Representative Director and Chief Executive Officer of Archion, and currently President and CEO of Mitsubishi Fuso Truck & Bus Corporation, speaking at a recent media conference in Japan.
“Our financial ambition for the new Group is rooted in a clear strategy: Unlocking the full potential of this integration by realising synergies and growth opportunities, while continuously working to improve the standalone performance of both companies. We aim to elevate financial resilience and performance to peer benchmark level. Capital allocation in line with this strategy will enable sustainable value creation,” commented Hetal Laligi, designated Representative Director and Chief Financial Officer of Archion, and currently CFO of Mitsubishi Fuso Truck & Bus Corporation.
“First and foremost, we are committed to putting our customers at the centre of everything we do to drive customer business success. Both Mitsubishi Fuso and Hino have built strong relationships with customers in our respective markets. To further strengthen these bonds, it is essential that we continue to refine our products which are the key touchpoints between us, our customers, and society,” said Satoshi Ogiso, designated Director and Chief Technology Officer of Archion and currently CEO of Hino Motors.
“By combining the strengths of all four companies, we will accelerate the development of CASE technologies (Connected trucks, Autonomous/Automated driving, Shared mobility, and Electric powertrains) to shape the future of commercial mobility. To achieve this, we will foster a corporate culture that values mutual learning and respects diversity,” explained Ogiso.
“We are pleased with the progress already made with the establishment of Archion, the new overall company. Hino will continue to operate independently in South Africa, and our focus will be on retaining and building on our leadership in the Southern African market in terms of customer satisfaction, as demonstrated by our repeated No. 1 position in the quarterly Datatrack survey,” commented Anton Falck, Vice President of Hino South Africa.
