Hino 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.

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.