ARCHION Corporation 543A
TSE · Japan · Consumer Durables
¥288.00+3.00 (+1.05%)
Market closed· · JPY · Data may be delayed
Prices may be delayed and are for informational purposes only - not investment advice.
Market closed· · JPY · Data may be delayed
Prices may be delayed and are for informational purposes only - not investment advice.
The Hino Ranger and Fuso Fighter represent the first major step the integration process.
The new Hino-Fuso holding company reported a 14% sales rise in the April-June quarter.
The reduced stake now matches the 25% equity holding of Toyota Motor, completing the ownership structure envisaged following the business integration of Mitsubishi Fuso Truck and Bus Corporation (MFTBC) and Hino Motors.
The new 50:50 joint venture will be based in Kawasaki, Kanagawa Prefecture.
If you are wondering whether ARCHION is starting to look attractively priced or still a value trap, its recent share performance and valuation checks provide some useful clues. The stock last closed at ¥288, with returns of 1.1% over the past week, while being down 17.9% over 30 days, 27.6% year to date and 19.0% over the past year. This gives important context before judging what the current price might represent for investors. Recent news coverage around ARCHION has mainly focused on its...
The two truck-makers completed their merger in April.
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