Archion Corporation, the holding company created through the integration of Hino Motors and Daimler Truck subsidiary Mitsubishi Fuso Truck and Bus Corporation (MFTBC), has launched operations under the Archion Group structure, bringing both businesses together within a single organisation.
The company also began trading on the Tokyo Stock Exchange Prime Market on 1 April 2026, following regulatory clearance.
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The listing follows regulatory clearance, with MFTBC stating last month that Japan’s Fair Trade Commission had approved the merger with Hino Motors under the Anti-Monopoly Act.
As part of previously announced integration measures in October 2025, the companies streamlined their domestic production network in Japan, reducing the number of truck manufacturing sites from five to three.
Production is now concentrated at the Kawasaki Plant in Kanagawa Prefecture, the Koga Plant in Ibaraki Prefecture, and the Nitta Plant in Gunma Prefecture.
Alongside the launch, Archion outlined its leadership structure effective from 1 April 2026.
Karl Deppen has taken on the role of President and CEO, with Hetal Laligi appointed CFO.
Satoshi Ogiso has been named CTO and member of the board of directors.
At the operating company level, Satyakam Arya will lead Hino Motors as president and CEO, while Franziska Cusumano assumes the same role at MFTBC.
Karl Deppen 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 synergies and capabilities to create even better value for our stakeholders.”
Archion said it plans to integrate the strengths of the Hino and FUSO brands, combining their manufacturing and sales capabilities while working in collaboration with Daimler Truck and Toyota Group.
The group intends to focus on aligning development, procurement and production functions, alongside advancing CASE-related initiatives, including zero-emission technologies such as fuel cells and autonomous driving.
