Archion updates major shareholder and related company changes post-business integration

TOKYO, Jul 31 (Pulse News Wire) – ARCHION Corporation (543A.T) revised its previous announcement regarding the completion of the business integration between Hino Motors and Mitsubishi Fuso, along with changes in parent companies, subsidiaries, significant shareholders, and controlling shareholders. The revision includes additional shifts among associated companies.

Following the integration, Hino Motors ceased being a parent company but became a consolidated subsidiary of ARCHION, alongside Mitsubishi Fuso. Additionally, Daimler Truck AG became a significant shareholder and controlling shareholder, holding a stake of 44.25%. Toyota Motor Corporation also became a significant shareholder and associated company, owning shares amounting to 37.45%.

Key details of the revisions include: - Daimler Truck AG now holds a total of 11,421,627 shares, becoming the top shareholder with a voting rights ratio of 44.25%. - Toyota Motor Corporation's share count increased to 9,666,498 shares, making it the second-largest shareholder with a voting rights ratio of 37.45%. As part of the update, ARCHION disclosed further information on Daimler Truck AG and Toyota Motor Corporation, including their capital structures and relationships with the company.