TOKYO, Apr 01 (Pulse News Wire) – Archion Co., Ltd. (543A.T) completed its transition to a holding company structure through share exchanges and deliveries involving Hino Motors and Mitsubishi Fuso Truck and Bus Corporation, marking its listing on the Tokyo Stock Exchange Prime Market on April 01, 2026.
At a special shareholders' meeting held on November 04, 2025, the company resolved to appoint Azusa Certification Co., Ltd. as its auditor upon completion of the share transactions. The board now consists of Carl Depen as CEO, Hetal Larghi as CFO, and several independent outside directors.
The capital of the company stands at ¥10.00 billion, with ordinary shares totaling 2,581,069,854. Additionally, Archion signed a basic agreement with Toyota Motor Corp. and Daimler Trucks AG to secure funding frameworks post-acquisition.
Under this framework, Archion can issue convertible bonds to Toyota for up to ¥200.0 billion and raise funds via bond issuance from Daimler Trucks for up to ¥20.00 billion, contingent on future agreements.
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