The company announces a management transition effective April 1, 2026, with Satiyakaam Arya appointed as new Representative Director and President, replacing Satoshi Ogikoso who is stepping down. Additionally, Naoki Sato is promoted from Director to Representative Director and Senior Managing Executive Officer, marking a significant leadership restructuring.
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Summary
The company announces a management transition effective April 1, 2026, with Satiyakaam Arya appointed as new Representative Director and President, replacing Satoshi Ogikoso who is stepping down. Additionally, Naoki Sato is promoted from Director to Representative Director and Senior Managing Executive Officer, marking a significant leadership restructuring.
The company has decided to sell its entire stake in HOTAI MOTOR CO., LTD. to Toyota Motor Corporation. The sale is expected to generate a special gain of approximately 30.1 billion yen in the fiscal year ending March 2026, with the transaction constituting part of a broader management integration initiative involving Mitsubishi Fuso Truck and Bus.
¥30.1bn
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Summary
The company has decided to sell its entire stake in HOTAI MOTOR CO., LTD. to Toyota Motor Corporation. The sale is expected to generate a special gain of approximately 30.1 billion yen in the fiscal year ending March 2026, with the transaction constituting part of a broader management integration initiative involving Mitsubishi Fuso Truck and Bus.
Counterparty: Toyota Motor Corporation (トヨタ自動車株式会社)