Hino Motors, Ltd. · Hino, Tokyo Japan ·(Pink Sheets: HINOY)
Company Description
Phone: +81-42-586-5111
Fax: +81-42-586-5670
Rankings
- Nikkei 225
View Hino Motors, Ltd. Locations On A US Map
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This link will open in a new window Hino Motors introduced Japan's first truck in 1918, long before Godzilla was throwing vehicles all over Tokyo. These days the company not only manufactures medium- and heavy-duty diesel trucks, but it also makes buses, special-purpose vehicles, and industrial and marine diesel engines. Hino Motors dominates Japan's domestic truck market, beating out such competitors as Mitsubishi Motors and Isuzu Motors . Hino Motors also makes vehicles for Toyota Motor on a consignment basis. Asia accounts for more than 90% of sales. Toyota Motor owns more than 50% of the company. To read the full description, subscribe now.
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Key Hino Motors, Ltd. Financials
| Company Type | Public - Pink Sheets: HINOY Headquarters |
| Fiscal Year-End | March |
| 2008 Sales (mil.) | $13,783.5 |
| Employees | 24,335 |
Hino Motors, Ltd. Executives
15 executives listed for Hino Motors, Ltd.'s Hino, Tokyo location.
| Title | Name & Bio | Contact |
| Chairman | Shoji Kondo | Network |
| President | Yoshio Shirai | Network |
| EVP and Board Member | Masakazu Ichikawa | Network |
Competition
Competitive Landscape for Hino Motors, Ltd.
Demand is driven by employment and interest rates. The profitability of individual companies depends on manufacturing efficiency, product quality, and effective marketing. Large companies have economies of scale in purchasing and marketing; smaller companies can compete by focusing on specialized markets. The industry is capital-intensive: average annual revenue per employee is nearly $2 million. US-based automakers compete with numerous foreign rivals, including companies such as Toyota, Honda, and Nissan that have extensive auto assembly operations in the US. Through stateside manufacturing capacities and exports to the US, foreign carmakers collectively have about half of the US market. US auto manufacturers' financial positions have deteriorated dramatically in recent years. The "Detroit Three" (Chrysler, Ford, and GM) have suffered from import competition and high cost structures. High gas prices, few small car offerings, and near record-low consumer demand during the late 2000s recession drove Chrysler and GM into bankruptcy, where their debts were restructured. Chrysler and GM also received billions in loans from the US and Canadian governments. Ford, which has joined GM and Chrysler in various government incentive programs but has not received direct federal investment, avoided bankruptcy largely due to more than $20 billion in secured and unsecured loans it took out in 2006. To read the full description, subscribe now.Top Hino Motors, Ltd. Competitors
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