Hino Motors Reports Significant Loss Amid Revised Projections
Company Announcements

Hino Motors Reports Significant Loss Amid Revised Projections

Hino Motors (JP:7205) has released an update.

Hino Motors, Ltd. has reported an extraordinary loss of 230 billion yen due to legacy certification issues in North America, impacting its financial performance for the fiscal year ending March 2025. Despite challenges, the company revised its full-year earnings forecast upwards, aided by yen depreciation and expense reduction, although net income projections remain negative. The company has decided to withhold interim dividends and adjust the year-end dividend forecast in response to these financial adjustments.

For further insights into JP:7205 stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks Japan Auto-Generated NewsdeskHino Motors Settles Canadian Lawsuits
TipRanks Japan Auto-Generated NewsdeskHino Motors Dissolves Subsidiary Amidst EV Expansion
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App