Samvardhana Motherson International Ltd (SAMIL) announced on Friday that it will acquire an 81% stake in Yutaka Giken Co., Ltd (YGCL), a Japan-based auto components manufacturer. The deal is valued at approximately USD 184 million (JPY 27 billion or over ₹1,610 crore).
According to a regulatory filing, the SAMIL board approved the acquisition during its meeting held on August 29, 2025. The transaction will be executed through SAMIL’s indirect wholly-owned subsidiary, Motherson Global Investments BV (MGI BV). The company will also acquire an 11% stake in Shinnichi Kogyo Co., Ltd (Shinnichi), a YGCL subsidiary in which YGCL currently holds a 62% stake.
Yutaka Giken is listed on the Tokyo Stock Exchange. Honda Motor Co, Ltd currently holds a 69.66% stake in the company, with the remainder held by public shareholders. Once the transaction is complete, Honda will retain a 19% stake in YGCL.
In addition to the main acquisition, SAMIL will also acquire full ownership of Yutaka Autoparts India Pvt Ltd (Yutaka India), either directly or through one of its subsidiaries. This entity operates as part of YGCL’s international business.
YGCL’s product portfolio includes metal components and assemblies such as motor parts (rotors and stators), drive systems, brake systems, and thermal management components. These products are supplied to major automotive manufacturers.
SAMIL stated that the acquisition would strengthen its relationship with Honda and enhance its business reach among Japanese original equipment manufacturers (OEMs). The deal is also expected to create cross-selling opportunities for YGCL’s products in other markets, particularly in developing regions. The transaction is subject to approvals from regulatory authorities in Japan, the United States, China, Brazil, and Mexico. Final closure is expected in the first quarter of FY 2026–27, pending all necessary clearances.
Samvardhana Motherson International Ltd is a leading automotive component manufacturer based in India, specializing in providing innovative solutions for global automotive customers. With a strong presence in over 40 countries, the company focuses on diverse product offerings, including wiring harnesses, rearview mirrors, and plastics. Its commitment to quality, sustainability, and strategic acquisitions drives its continued growth in the industry.
