Automotive Industry
Industry: Email Alert RSS FeedHino and Isuzu merge J-Bus group companies
Automotive Industries, Sept, 2004
Hino Motors Ltd. and Isuzu Motors Limited announced a merger of three companies into the J-Bus Ltd., a holding company established for the purpose of promoting integration of Hino and Isuzu bus businesses.
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Companies to be merged are Hino Auto Body Ltd. and Isuzu Bus Manufacturing Co. Ltd., and J-Bus will become the surviving company. The merger will take effect on October 1, 2004, and Hino and Isuzu will promote full-scale integration of the bus businesses. The surviving company will operate two manufacturing sites in Komatsu and Utsunomiya. The J-Bus will locate its headquarters function in the suburb of Tokyo, while its registered office will be at Komatsu City, Ishikawa Prefecture. The capital structure of J-Bus Ltd. will not change because of the merger. The J-Bus will conduct self-contained businesses as an entity responsible for the development and manufacturing of buses for both Hino and Isuzu.
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