Archion will be the new name of the holding company born from the Mitsubishi Fuso Truck and Bus Corporation and Hino Motors integration.
Scheduled to commence operations on 1 April, 2026, the new company name reflects a commitment to enhance business efficiency and sharpen competitiveness through integration, while promoting safe, reliable and environmentally friendly vehicles the companies said in a joint statement.
The Archiron Group will pursue an integrated platform strategy as the main initiative to enhance competitiveness, leveraging the strengths of both companies to build highly competitive product portfolios under each brand.
One of the initial priorities of the new holdings company will be to synergise their heavy-, medium-, and light-duty vehicle platforms to enhance product competitiveness, improve cost efficiency, and enable faster product launches.
Another focus is to maintain the characteristics of each brand while utilising models from each to ensure a more comprehensive product portfolio for customers.
By the end of 2028, the five domestic truck production sites 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).
The Archiron Group also aims to advance the consolidation of indirect functions over time to optimise overlaps, achieving both cost efficiency and operational excellence.
Hino’s Hamura plant will be transferred to Toyota Motor Corporation, as announced back in June.
Meanwhile, Mitsubishi Fuso’s Nakatsu Plant operations will be consolidated at the Kawasaki Plant.
Hydrogen and autonomous vehicles have been identified as targeted areas for further investment under the combined business entity.
Resources generated through integration and efficiency improvements will be partially reallocated to investments in the CASE domain — connected cars, automated driving, shared, and electric.
By leveraging the technological capital and scale advantages of the Toyota and Daimler Truck network, the Archiron Group will aim to develop market-leading products across all zero emissions vehicles segments.
In the area of hydrogen in particular, the Archiron Group will draw on the combined expertise and co-operation of Toyota and Daimler Truck for world-class fuel cell technology.
A Chief Technology Officer (CTO) position at the Holding Company level has been established to develop the group’s future technology roadmap and implement technical synergies through R&D and product/platform architecture.
Satoshi Ogiso, currently CEO of Hino Motors, has been designated to fill this position, in addition to being designated as an Executive Director.
Furthermore, to establish a financial framework for transparency, performance and capital allocation, Hetal Laligi, currently Chief Financial Officer (CFO) of Mitsubishi Fuso Truck & Bus Corporation, has been designated as CFO and Representative Director.
These positions will take effect from the planned business commencement on April 1, 2026, and subject to the necessary approvals and timely closing of the transaction. Until then, both gentlemen will remain in their current roles.
Kiyotaka Ise, Outside Director of Sumitomo Riko Company Limited, has been designated as a Non-Executive Director along with Christian Herrmann, Vice President and Head of Corporate Development, Daimler Truck AG.
These positions will also take effect from the planned business commencement on 1 April, 2026.
The name Archiron reportedly embodies the essence of ‘arches’, representing the connection between the companies and their stakeholders.
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