Notice Of In-Principle Agreement To Settle Proceedings Filed In Australia Against Hino And Its Subsidiary In Australia, And Recording Of Special Loss

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25/12/2024 06:02

Dec 25 (Reuters) - Hino Motors Ltd  7205.T :
    * HINO MOTORS LTD: NOTICE OF IN-PRINCIPLE AGREEMENT TO
SETTLE
PROCEEDINGS FILED IN AUSTRALIA AGAINST HINO AND ITS SUBSIDIARY
IN AUSTRALIA, AND RECORDING OF SPECIAL LOSS
    * HINO MOTORS LTD: SETTLEMENT AMOUNT 87 MILLION AUD
(APPROXIMATELY
8.5 BILLION JPY) WILL BE RECORDED AS SPECIAL LOSS IN Q3 OF
FY2025

Source text:  ID:nTSxy84d10 
Further company coverage:  7205.T 

 (Reporting by Tokyo Newsroom)
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