The next step in the planned integration of Mitsubishi Fuso and Hino Motors has been announced with the release of the name of the holding company “Archion” which is expected to come into play from April 1, 2026 via a listing on the Tokyo Stock Exchange.
The proposed merger will see Fuso and Hino operate on an equal footing in the holding company with Toyota and Daimler Truck to each own 25 per cent shares in the new entity.
In a statement announcing the holding company name and structure, the organisations say:
“Archion embodies the essence of ‘arches’, representing connection between the companies and their stakeholders, as well as to each other. ‘Eons’ represents the creation of the future of transportation, connecting to a better life for the next generation.
“With the aim of ‘delivering the future of commercial mobility’, Archion embodies the shared aspiration of Hino and Mitsubishi Fuso, Toyota, and Daimler Truck to contribute to a prosperous society through mobility.
“This new company name reflects the commitment to enhance business efficiency and sharpen competitiveness through integration, while promoting safe, reliable and environmentally friendly vehicles.
“At the same time, the Archion Group (Archino Corporation as Holding Company, Mitsubishi Fuso and Hino as operating companies) aims to elevate the value of mobility to society.”
Mitsubishi Fuso Truck & Bus Corporation president CEO Karl Deppen, who has also been designated as the Representative Director and CEO of Archion says the naming was important next step in bringing the vision of the merger into focus.
“With Archion, we aim to ‘deliver the future of commercial mobility’ for the benefit of our customers and all stakeholders,” he says. “With the strong brands Fuso and Hino, we will provide superior products and solutions for our customers and their needs.
“Archion will implement an effective governance model to build trust by promoting transparency, compliance and improving financial performance.”
Hino Motors CEO Satoshi Ogiso has been designated Director and Chief Technology Officer of Archion.
“First and foremost, we are committed to putting our customers at the centre of everything we do to drive customer business success,” he says. “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 – the key touchpoints between us, our customers, and society.
“By combining the strengths of all four companies, we will accelerate the development of CASE technologies and shape the future of commercial mobility. To achieve this, we will foster a corporate culture that values mutual learning and respects diversity.”
Among the key elements of the merger is the pursuit of an integrated platform strategy in a bid to create synergies in the production of heavy, medium and light-duty vehicle platforms.
Consolidation of product development functions, bundling of purchasing volumes and strategic procurement is expected to reduce costs and boost efficiencies for the new company.
Optimisation of production sites and logistics networks will improve costs, quality, and lead times.
Under the merger plans, by the end of 2028, the current five domestic truck production sites between Hino and Fuso will be consolidated into three locations: Kawasaki Plant (Kawasaki City, Kanagawa Prefecture), Koga Plant (Koga City, Ibaraki Prefecture), and Nitta Plant (Ota City, Gunma Prefecture). Hino’s Hamura plant will be transferred to Toyota Motor Corporation.
The company will also invest in the Connected, Autonomous, Shared, Electric (CASE) elements of the sector, leveraging the capital and scale advantages of the Toyota and Daimler Truck network to create products that suit all Zero Emission Vehicle segments.
It’s statement on the new group says that “in the area of hydrogen in particular, the Archion Group will draw on the combined expertise and cooperation of Toyota and Daimler Truck for world-class fuel cell technology.
“The combined resources and expertise will also accelerate development in the autonomous driving domain.
“In the area of connected mobility, Hino and Mitsubishi Fuso will improve solution offerings while effectively utilising fleet data for better customer value.”
Both brands, Fuso and Hino, will remain in the market, competing against each other.