Archion Corporation launches as Hino and Fuso holding group

Archion Corporation, a new holding company formed through the business integration of Hino Motors and Mitsubishi Fuso Truck and Bus Corporation, has begun operations and listed on the Tokyo Stock Exchange Prime Market on 1 April 2026, trading under stock code 543A. Daimler Truck and Toyota Motor Corporation each plan to hold a 25% ownership stake in the new entity.

Archion holds 100% of the shares of both truckmakers, which continue to operate under their respective brands. Karl Deppen has been appointed President and Chief Executive Officer of Archion, with Hetal Laligi serving as Chief Financial Officer and Satoshi Ogiso as Chief Technology Officer. Satyakam Arya and Franziska Cusumano retain their positions as President and Chief Executive Officer at Hino and Mitsubishi Fuso respectively.

The group said it will pursue shared development, procurement and production across the Hino and Fuso brands, with a focus on zero-emission technologies including fuel cells, autonomous driving, and modular platforms. Mitsubishi Fuso serves customers in approximately 170 markets, with production in Japan and Portugal.

In a statement, Karl Deppen, President and Chief Executive Officer of Archion Corporation, said: “By combining our strong teams, we will be even better equipped to support our customers and partners in Japan, Asia and the world. As the industry is undergoing severe transformation, we are confident that we can fully leverage our capabilities to create even better value for our stakeholders.”

Source: Fuso