Archion Corporation · TSE:543A
Archion — Investor Day (March 2026)
54 slides from Archion's investor day presentation, Mar 25, 2026
Slide 1: Investor & Analyst Presentation
ARCHION (TSE: 543A) Investor & Analyst Presentation March 25, 2026 © ARCHION Corporation. All Rights Reserved.
Slide 2: Disclaimer
Disclaimer • This presentation has been prepared by Hino Motors, Ltd. (“Hino” or “Hino Motors”) and Mitsubishi Fuso Truck and Bus Corporation (“Fuso” or “MFTBC”) in anticipation of their integration into ARCHION Corporation (the “Company”). This presentation is being provided solely for informationa
Slide 3: Timeline from definitive agreement to today and beyond
ARCHION Investor & Analyst Presentation Timeline from definitive agreement to today and beyond Jun. 2025 Definitive agreement (DA) Announcement of management • Today's pre-closing event aims to Oct./Nov. 2025 introduce ARCHION and its ambition and governance structure Nov. 2025 Approval at Hino EGM
Slide 4: Today's Presenters
Today’s Presenters Karl Deppen Hetal Laligi Satoshi Ogiso Designated Designated Designated CEO of ARCHION CFO of ARCHION CTO of ARCHION Current: President & CEO Fuso Current: Senior Vice President & CFO Fuso Current: President & CEO Hino Note: Positions for ARCHION reflect expected positions after t
Slide 5: Trucks Matter
TRUCKS MATTER Powering economies, connecting society Road freight Construction Last mile Public works ~70% +4% +6% +2 billion of global inland freight projected annual global projected annual global urban residents is carried on road1 construction growth2 e-commerce growth3 by 20504 Sources: 1. Ton-
Slide 6: Our Mission and Vision
Our Mission Together we deliver transportation that connects people and goods for a brighter tomorrow Our Vision Your trusted partner for all roads that lie ahead © ARCHION Corporation. All Rights Reserved. 5
Slide 7: ARCHION's Strengths
ARCHION’s Strengths 1 Japanese Champion with Global Presence: Leading Positions in Japan & SEA, & Long-Standing Footprint in High-Growth Markets Powered by 2 Strong Brands 2 Resilient Business Model: Full-line Product Portfolio with Well-Balanced Sales & Segment Distribution and Steadily Growing Par
Slide 8: ARCHION's Strengths
ARCHION’s Strengths 1 Japanese Champion with Global Presence: Leading Positions in Japan & SEA, & Long-Standing Footprint in High-Growth Markets Powered by 2 Strong Brands 2 Resilient Business Model: Full-line Product Portfolio with Well-Balanced Sales & Segment Distribution and Steadily Growing Par
Slide 9: Key Figures of ARCHION
Key Figures of ARCHION (combined Fuso and Hino) No. 1 No. 2 Top 10 ~ 230k in SEA1 in Japan1 globally1 Combined unit sales trucks and buses (FY2024)2 170+ 2.5Tn JPY 15.8Bn USD Combined markets (2024)3 Combined sales (FY2024)2 Notes: Rankings based on unit sales for CY2024; 1 USD = 158 JPY as of Mar.
Slide 10: ARCHION Serves All Regions Globally
ARCHION Serves All Regions Globally – Strong Position in Growth Regions ARCHION unit sales in FY2024 (trucks and buses, >3.5t) and expected growth rate for major commercial vehicle markets by unit sales (forecasted CAGR CY2024-2031, trucks and buses, >3.5t) North Europe #2 America ~7,000 ~9,000 +1%
Slide 11: Japanese Brands are Clearly Preferred in Asia
Japanese Brands are Clearly Preferred in Asia (excl. China & India) Commercial vehicle market in Asia (excl. China & India): Share of unit sales >3.5t by OEM origin (CY2024) 11% 13% 72% Japanese brands Sources: S&P Global Mobility, Light Vehicle Sales (retrieved as of Dec. 1, 2025) and Medium/Heavy
Slide 12: Leading Positions Across Japan and Southeast Asia
ARCHION will have Leading Positions Across Japan and Southeast Asia ARCHION market ranking based on unit sales ARCHION's foundation Market Position2 Unit sales3 for success in Japan and SEA Japan #2 ~75k Established strong brands SEA #1 ~62k Long-standing customer relationships Indonesia #1 ~45k Lar
Slide 13: Hard-to-Replicate Global Presence Enables Long-term Growth
Hard-to-Replicate Global Presence Enables Long-term Growth ARCHION market presence history1 & no. of service locations2 Distinct strengths of ARCHION's global presence Japan 90+ yrs. 450+ locs. Europe North America 55+ Years in all regions 55 yrs. 900+ locs. Taiwan & H.K. 56 yrs. 400+ locs. M.E. & A
Slide 14: ARCHION Builds on Two Strong, Trusted Brands
ARCHION Builds on Two Strong, Trusted Brands Common strengths Durability Reliability Safety 90+ years Brand history 80+ years 170+ markets # of markets 90+ markets Efficiency and outstanding Excellent driver comfort with vehicle dynamics Profile1 competitive TCO2 Serving all truck segments with Serv
Slide 15: ARCHION's Strengths
ARCHION’s Strengths 1 Japanese Champion with Global Presence: Leading Positions in Japan & SEA, & Long-Standing Footprint in High-Growth Markets Powered by 2 Strong Brands 2 Resilient Business Model: Full-line Product Portfolio with Well-Balanced Sales & Segment Distribution and Steadily Growing Par
Slide 16: ARCHION Covers All Product Segments
ARCHION Covers All Product Segments New vehicle sales1 Only select products shown ~28k units ~53k units ~133k units ~2k units ~11k units Heavy-duty truck Medium-duty truck Light-duty truck Zero-emission vehicle Bus (HDT) (MDT) (LDT) (ZEV) Fuso Hino Fuso Hino Fuso Hino Fuso Hino Super Great Profia/70
Slide 17: Winning in Asia Requires a Portfolio Serving All Segments
Winning in Asia (excl. CN & IN) Requires a Portfolio Serving All Segments Commercial vehicle market: Segment share in major regions by unit sales, trucks and buses, >3.5t (CY2024) Bus 6% 10% 7% HDT 32% >15t 49% 76% MDT 32% 6-15t 43% LDT 30% 3.5-6t 14% 1% 1% Asia Europe North America (excl. China & I
Slide 18: Well-Balanced Regional & Segment Split
ARCHION set up to Benefit from Well-Balanced Regional & Segment Split Winning full-line portfolio Balanced presence in stable & growing markets ARCHION new vehicle unit sales by segment/weight class (2024)1, 2 ARCHION new vehicle unit sales by region (2024)3 HDT Bus >15t High 27% SEA growth 4% 28% m
Slide 19: Resilient Parts and Service Business with Growth Potential
Resilient Parts and Service Business with Further Growth Potential Resilient, growing business Sizeable foundation Further growth potential 3.8M+ ARCHION parts and service revenue (Japan, FY2019-2024)1 units in operation Parts: Strengthen parts under ARCHION globally supply and broaden portfolio Jap
Slide 20: ARCHION's Strengths
ARCHION’s Strengths 1 Japanese Champion with Global Presence: Leading Positions in Japan & SEA, & Long-Standing Footprint in High-Growth Markets Powered by 2 Strong Brands 2 Resilient Business Model: Full-line Product Portfolio with Well-Balanced Sales & Segment Distribution and Steadily Growing Par
Slide 21: Integrated Platform Strategy: Superior Customer Value
Integrated Platform Strategy will Unlock Superior Customer Value HDT MDT Benefits to customers of both brands LDT from integrated platforms Best platform choice Powertrain (ICE and ZEV) Chassis and Cab Superior quality – combined expertise Electronics delivering what customers need … More choice – b
Slide 22: Integrated Platform Strategy: Significant Synergies
Integrated Platform Strategy will Unlock Significant Synergies Illustrative representation only Integrated HDT Platform Research & Production & Sales incl. Procurement development logistics parts & services Integrated Bundling R&D Significant scale Streamlined plant Improved topline Benefits MDT res
Slide 23: Consolidated Production Footprint for Higher Utilization
Consolidated Production Footprint for Higher Utilization & Efficiency Today: 6 plants in Japan Future: 3 plants each with focused role Hamura LDT Hamura plant: Transfer to Toyota in Planned to be transferred to plant Toyota Apr. 2026 Toyota Koga HDT Koga Vehicle plant MDT plant focus Nitta Nitta Com
Slide 24: Integrated Platform Strategy: Substantial Shareholder Value
Integrated Platform Strategy will Unlock Substantial Shareholder Value Invest in superior products, new Growth services and technologies Freed up R&D and CAPEX from avoiding Fund platform Scale & efficiency duplicate investment consolidation in products & tech Increase profitability & shareholder re
Slide 25: First Step: Launch of Two New Models
First Step towards Integrated Platforms with Launch of Two New Models New MDT New eLDT Both to be available within FY2026 Notes: MDT = Medium-duty truck; eLDT = Electric light-duty truck; Fuso MDT vehicle, Hino eLDT under blanket shown for illustrative purposes only; Financial year 2026 ending March
Slide 26: ARCHION's Strengths
ARCHION’s Strengths 1 Japanese Champion with Global Presence: Leading Positions in Japan & SEA, & Long-Standing Footprint in High-Growth Markets Powered by 2 Strong Brands 2 Resilient Business Model: Full-line Product Portfolio with Well-Balanced Sales & Segment Distribution and Steadily Growing Par
Slide 27: Ready to Serve Diverse Customer Requirements & Regulations
ARCHION Ready to Serve Diverse Customer Requirements & Regulations Road freight Construction Last mile Public works People mover Broad applications ARCHION technology principles address all global needs Focus on customer success – Enhance customers' businesses through optimized Diverse total cost of
Slide 28: Technology Portfolio to Solve Customer Pain Points
Technology Portfolio to Solve Customer Pain Points Today and Tomorrow Highlights shown, not comprehensive Service & solutions Powertrain Advanced vehicle technologies ecosystem ICE Autonomous Connectivity Services Technology Full emission regul. coverage Level 4 PoC in Japan Fuso TruckConnect Predic
Slide 29: Strong Capabilities & Access to Leading Partners
ARCHION will have Strong Capabilities & Access to Leading Partners Strong, comprehensive inhouse capabilities: • 3000+ R&D employees • 6 R&D locations in Japan, incl. 4 proving grounds • Fuso Tech Center India • Hino R&D Hub Thailand Additional global partners Benefits of tech partnerships World-cla
Slide 30: ARCHION's Strengths
ARCHION’s Strengths 1 Japanese Champion with Global Presence: Leading Positions in Japan & SEA, & Long-Standing Footprint in High-Growth Markets Powered by 2 Strong Brands 2 Resilient Business Model: Full-line Product Portfolio with Well-Balanced Sales & Segment Distribution and Steadily Growing Par
Slide 31: ARCHION Strives for Market Leading Performance
ARCHION Strives for Market Leading Performance Realize Full Potential Illustrative representation only Ambition: RoS 10+% Deliver full benefit of integrated platforms & synergies, pursue Perform & Grow attractive top-line growth Optimize the business model, Long-Term Start & Go resilience, capture s
Slide 32: Standalone Levers and Synergy Ramp-up to Drive Profit
Standalone Levers and Synergy Ramp-up to Drive Profit Improvements ARCHION mid- to long-term operating profit potential Ramp-up of net synergies For illustrative purposes (not to scale) • Research and development • Procurement Key benefits of • Production and operations integrated platforms • After-
Slide 33: ARCHION's Strengths
ARCHION’s Strengths 1 Japanese Champion with Global Presence: Leading Positions in Japan & SEA, & Long-Standing Footprint in High-Growth Markets Powered by 2 Strong Brands 2 Resilient Business Model: Full-line Product Portfolio with Well-Balanced Sales & Segment Distribution and Steadily Growing Par
Slide 34: Driving Financial Performance through APM and Capital Allocation
Driving Financial Performance through APM and Capital Allocation Active Portfolio Management Capital Allocation (APM) Systematic assessment of ARCHION Investment in future and business portfolio shareholder reward while maintaining a solid balance sheet Financial Attractiveness Optimize Invest & Act
Slide 35: Track Record of Financial Discipline & Improvement
We will Build on our Track Record of Financial Discipline & Improvement Track record of performance improvement Recent & future measures across the portfolio Examples shown, expected closing is indicated in brackets Fuso business segment of Daimler Truck Asia Mid-cycle year Down-cycle year Bus joint
Slide 36: More to come: Capital Markets Day in May
More to come: Capital Markets Day in May © ARCHION Corporation. All Rights Reserved. 35
Slide 37: ARCHION's Strengths
ARCHION’s Strengths 1 Japanese Champion with Global Presence: Leading Positions in Japan & SEA, & Long-Standing Footprint in High-Growth Markets Powered by 2 Strong Brands 2 Resilient Business Model: Full-line Product Portfolio with Well-Balanced Sales & Segment Distribution and Steadily Growing Par
Slide 38: ARCHION is Designed to Deliver Value Creation
ARCHION is Designed to Deliver Value Creation Shareholders Free float/other ARCHION as an independent company benefitting from shareholders continued access to strong partners Daimler Truck & Toyota ARCHION (HoldCo) To provide clear strategic direction and governance To define financial framework an
Slide 39: ARCHION Board with Strong Combination of Expertise
ARCHION Board with Strong Combination of Expertise and Backgrounds Roles prior to ARCHION Nationalities Karl Fuso: President & CEO Deppen Daimler Truck: Member of the Board of Management Designated Executive Directors Hetal Fuso: Senior Vice President & CFO Laligi Satoshi Hino: President & CEO Ogiso
Slide 40: ARCHION's Leadership Unites CV Expertise and International Perspectives
ARCHION's Leadership Unites CV Expertise and International Perspectives Nationalities 5 Japanese 4 International Gender split 7 male 2 female Designated Designated Designated ARCHION Executive Directors ARCHION CxOs OpCos CEOs Karl Hetal Satoshi Manabu Leina Norio Kyotaro Franziska Satyakam Deppen L
Slide 41: People & Culture – Our Foundation for Success
Fostering Growth Through Mutual Learning and Respect For Diversity People & Culture – Our Foundation for Success Performance and growth Embracing customer centricity, innovation, and operational excellence to unlock full value creation potential Respect for diversity Celebrating diverse backgrounds,
Slide 42: Key Takeaways on ARCHION
Key Takeaways on ARCHION Japanese Champion Resilient Business Integrated Platform Proven Capabilities and with Global Presence Model Strategy Strong Partnerships Governance & Ambition to Reach Committed to Leadership in Place to RoS 10+%1 Shareholder Value Deliver Note: 1. As the integration of Fuso
Slide 43: Q&A
ARCHION Q&A >
Slide 44: We will have Multiple Touchpoints over the Next Months
We will have Multiple Touchpoints over the Next Months Contacts TODAY 1st Investor & Analyst Day From April 1, 2026 Equity & IR Department Day1 – start of ARCHION operations & +81 3-4218-2150 April 1, 2026 investor.relations@archion-group.com listing at TSE Prime Market Corporate Communications MFTB
Slide 45: Appendix
ARCHION Appendix >
Slide 46: Summary of Main Sources
Summary of Main Sources S&P Global Mobility, Light Vehicle Sales (retrieved as of December 1, 2025) and Medium/Heavy Commercial Vehicle Industry Sales Forecast (retrieved as of November 4, 2025) I. Segmentation based on GVW rating: light-duty trucks (3.5–6t, bodytype "chassis-cab"), medium-duty (6–1
Slide 47: Rooted in a Long History of Industry-First Innovations
ARCHION is Rooted in a Long History of Industry-First Innovations Company established in 1932 Company established in 1910 Japan’s first fully domestically 1919 manufactured truck ("Hino TGE-A") Fuso brand launched 1932 1942 Hino brand launched Japan’s first genuine heavy-duty truck ("T33") 1955 Worl
Slide 48: Engineered in Japan for the World
Engineered in Japan for the World ARCHION footprint as of March 2026 6 R&D locations 6 production locations in Japan R&D location Production location Localized assembly Minority owned or 3rd party assembly Note: Figures shown are based on assumptions as of the date of this presentation. Footprint ex
Slide 49: Independent from Day1 – Target Shareholder Structure Defined
ARCHION Independent from Day1 – Target Shareholder Structure Defined Starting structure (as of Apr. 1, 2026) Target structure Free float/ Free float/ other other Shareholders shareholders shareholders Shareholding Ratio 41.4% 41.4% 17.1% 25.0% 25.0% 50.0% Voting Rights 44.3% 37.5% 18.3% 26.7% 19.9%
Slide 50: Fuso Consolidated Historical Financials Overview (IFRS)
Fuso Consolidated Historical Financials Overview (IFRS) Selected PL Items and Operating Metrics Selected BS and CF Items (JPY 100mm) 23/12A 24/12A 25/12A (JPY 100mm) 23/12A 24/12A 25/12A Revenue 8,701 8,216 8,163 Cash and cash equivalents 144 312 181 Operating profit 457 440 347 Total assets 7,192 6
Slide 51: Hino Consolidated Historical Financials Overview (JGAAP)
Hino Consolidated Historical Financials Overview (JGAAP) Selected PL Items and Operating Metrics Selected BS and CF Items (JPY 100mm) 23/3A 24/3A 25/3A (JPY 100mm) 23/3A 24/3A 25/3A Revenue 15,073 15,163 16,972 Cash and deposits 822 770 1,936 Operating profit 174 (81) 575 Total assets 13,617 14,644
Slide 52: Hino Selected Items after IFRS Conversion
(Ref) Hino Selected Items after IFRS Conversion1 * Accounting standard of ARCHION is expected to be IFRS +) Depreciation (JPY 100mm, 25/3A) Revenue Operating Profit and amortization EBITDA JGAAP 16,972 575 595 1,170 IFRS (Estimated) 16,940 (1,954) 727 (1,227) +) Loss related to North American certif
Slide 53: ARCHION with Solid Balance Sheet from Day1
ARCHION with Solid Balance Sheet from Day1 Impact of specific transactions by Day1 on Hino Balance Sheet (measures as announced): For illustrative purposes (not to scale) 1 Capital increase by way of 3rd party allotment1 2 Hamura transfer2 Planned JPY200 billion capital increase Planned transfer of
Slide 54: ARCHION
AIRCHION