Exit Completed: company sold its business/assets or its part of the business to a local partner and leaved the market or liquidated local entity(ies)

Exited Exit Completed

Hino Motors, Ltd., commonly known as Hino, is a Japanese manufacturer of commercial vehicles and diesel engines headquartered in Hino, Tokyo. The company was established in 1942 as a corporate spin-off from previous manufacturers. Hino Motors is a large constituent of the Nikkei 225 on the Tokyo Stock Exchange.

Exit Completed: company sold its business/assets or its part of the business to a local partner and leaved the market or liquidated local entity(ies)

Exited Exit Completed
Revenue(RF), mln.USD
1
Assets(RF), mln.USD
29
Capital(RF), mln.USD
6
Glob.Revenue, mln.USD
11154
Staff(RF), 2021
74
Taxes(RF), mln.USD
5
The Company Statement
June 16, 2024

A subsidiary of Toyota, the Japanese manufacturer of trucks and buses Hino Motors has abandoned plans to put its Russian plant into operation in Khimki, Moscow region. Significantly reduced revenue in 2023 vs 2022. Revenue significantly (by more than -50%) decreased in 2024 vs 2023. 09.06.2026: H-M-R CAPITAL LLC becomes the new founder of the organization. The entry regarding the founders HINO MOTORS, LTD. and MITSUI & CO., LTD. has been removed from the Unified State Register of Legal Entities.

September 03, 2022Toyota subsidiary Hino Motors cancels plan to produce trucks in Russia
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Company statements and statistical data are collected from open sources and official registers according to the methodology of the KSE Institute.
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