Toyota Tsusho
Hinopak was formed in 1985 by Hino Motors, Toyota Tsusho, Al-Futtaim Group and PACO. In 1998, Hino Motors, and Toyota Tsusho Corporation obtained majority shareholding in the company after disinvestments by the other two founding investors. Hinopak Motors has gained 70% market share making it the largest manufacturer in the medium and heavy-duty truck and bus industry in Pakistan and gained its highest-ever after-tax profit in FY~2018-19.