Consumer Durables

Hino Motors, Ltd.

In the news

Toyota posts net profit of $1.5bn for April-June despite COVID Aug 6, 2020
Japanese automakers halve global output as pandemic rages Mar 25, 2020
Toyota to halt 5 Japan plants in April as demand slows Mar 24, 2020
Isuzu tackles emerging rivals and R&D costs with Volvo tie-up Dec 20, 2019
From Uniqlo to Toyota, Japanese companies take crack at Russia May 15, 2019

Business Summary

Hino Motors, Ltd. engages in the development, design, manufacture, and sale of trucks and buses. The company products include trucks, bus chassis, diesel engines, light-commercial vehicles, passenger vehicles, various types of engines and spare parts. It also offers HINO300 series, HINO500 series and HINO700 series trucks; hybrid HINO300 series, hybrid touring coach, hybrid low-floor buses, touring coach, low-floor buses, industrial engine E13C-TI and industrial engine J08C-T. The company was founded on August 1, 1910 and is headquartered in Tokyo, Japan.

Financial Highlights

Mar 2022	JPY	USD
Revenue	1,459.70B	12,989.86M
Gross Profit	250,506M	2,229.24M
Operating income	33,812M	300.89M
Income before tax	-31,484M	-280.17M
Net income	-84,732M	-754.02M
EBITDA	88,768M	789.94M
Diluted EPS	-147.60	-1.31
Dividends Per Share	10	0.08
Total Assets	1,258.35B	10,367.45M
Total liabilities	742,338M	6,116.07M
Total equity	458,170M	3,774.83M
Operating cash flow	106,711M	949.61M
	Currency in JPY	Currency in USD

Historical Data

JPY | USD

	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022
Revenue	1,837.98B	1,981.33B	1,815.59B	1,498.44B	1,459.70B
Gross Profit	295,543M	306,939M	273,166M	212,833M	250,506M
Operating income	80,332M	86,719M	54,860M	12,251M	33,812M
Income before tax	81,725M	82,523M	50,973M	-1,883M	-31,484M
Net income	51,361M	54,908M	31,468M	-7,488M	-84,732M
EBITDA	138,891M	145,258M	112,871M	67,005M	88,768M
Diluted EPS	89.49	95.66	54.81	-13.04	-147.60
Dividends Per Share	28	29	20	12	10
Total Assets	1,286.08B	1,345.82B	1,275.08B	1,231.49B	1,258.35B
Total liabilities	733,228M	749,357M	682,395M	626,619M	742,338M
Total equity	502,387M	542,650M	542,189M	554,245M	458,170M
Operating cash flow	86,473M	48,653M	95,176M	108,429M	106,711M

	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022
Revenue	16,583.43M	17,866.78M	16,698.86M	14,128.59M	12,989.86M
Gross Profit	2,666.57M	2,767.84M	2,512.43M	2,006.77M	2,229.24M
Operating income	724.80M	781.99M	504.57M	115.51M	300.89M
Income before tax	737.37M	744.15M	468.82M	-17.75M	-280.17M
Net income	463.41M	495.13M	289.42M	-70.60M	-754.02M
EBITDA	1,253.16M	1,309.87M	1,038.12M	631.78M	789.94M
Diluted EPS	0.80	0.86	0.50	-0.12	-1.31
Dividends Per Share	0.25	0.26	0.18	0.11	0.08
Total Assets	12,092.90M	12,159.01M	11,811.21M	11,144.75M	10,367.45M
Total liabilities	6,894.47M	6,770.17M	6,321.10M	5,670.76M	6,116.07M
Total equity	4,723.90M	4,902.65M	5,022.36M	5,015.79M	3,774.83M
Operating cash flow	780.21M	438.73M	875.37M	1,022.36M	949.61M

Valuation Measures

Mar 2022
PER	--
ROA	-6.80%
ROE	-16.73%
Operating margin	2.31%
Profit margin	-5.80%

Key executives

President & Representative Director: Satoshi Ogiso
Director & General Manager-Operations: Ichiro Hisada
General Manager-Technology Development: Kenji Nagakubo
Director & Senior Managing Executive Officer: Makoto Minagawa
Director & Senior Managing Executive Officer: Taketo Nakane

Shareholders

Toyota Motor Corp. (50.1%)
Nomura Asset Management Co., Ltd. (2.9%)
Nikko Asset Management Co., Ltd. (1.4%)
Daiwa Asset Management Co. Ltd. (1.4%)
The Vanguard Group, Inc. (1.1%)
Tokio Marine Holdings, Inc. (0.8%)
Mitsubishi UFJ Kokusai Asset Management Co., Ltd. (0.7%)
DENSO Corp. (0.7%)
Norges Bank Investment Management (0.6%)
Nisshinbo Holdings, Inc. (0.6%)

Contact Details

Website:http://www.hino.co.jp
Address: 3-1-1 Hinodai, Hino, Tokyo, 191-8660, Japan
Phone: +81.42.586.5111

Related Companies

CUBE-LINX Co., Ltd.
Yoshizawa Ironworks Co., Ltd.
Nissha Butsuryu Co. Ltd.
Saichu Co. Ltd.
Hino Harmony Ltd.
Hino Technical Service Co., Ltd.
NEXT Logistics Japan Ltd.
Minamikanto Hino Motors Ltd.
Hino Motors Restricted Stock Compensation Plan
Hino Motors Pension Fund
Hino Automobile (China) Co. Ltd.
Hino Personnel Services Mexico SA de CV
Hino Motors de Venezuela CA
Hino Motors Sales LLC
Hino Motors Manufacturing Mexico SA de CV
Hino Motors Canada Ltd.
Hino Motors Manufacturing (Malaysia) Sdn. Bhd.
Hino Trading Co. Ltd.
PT Hino Motors Manufacturing Indonesia
Hino Motors Manufacturing Colombia SA
PT Hino Motors Sales
Hino Motors (China) Co., Ltd.
Hino Motors Sales India Ltd.
Fukushima Steel Works Co. Ltd.
Trantechs Ltd.
Hino Computer System Co. Ltd.
Meiyu Kiko Co. Ltd.
Takebe Tekkosho Co. Ltd.
Hino Hutech Co. Ltd.
Riken Forge Co. Ltd.

Competitors

Daimler Truck Holding AG
Ebusco Holding N.V.
Lion Electric Company
Ferreycorp SA

Last Updated on 30 Jan, 2023