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MOTHERSON · Samvardhana Motherson International Limited · NSE · Filed 22 Jul · 1 min read

Motherson closes acquisition of 81% of Japan's Yutaka Giken

Samvardhana Motherson's indirect subsidiary MGI BV completed its purchase of a controlling voting stake in Tokyo-listed Yutaka Giken on July 21, 2026, following Honda Motor's share buyback.

What was filed

Samvardhana Motherson International Limited has told the exchanges that it completed an acquisition first disclosed in August 2025: the purchase, through its indirect wholly owned subsidiary Motherson Global Investments B.V. ("MGI BV"), of a controlling voting stake in Yutaka Giken Co., Ltd. ("YGCL"), a Japanese company that was listed on the Tokyo Stock Exchange. The filing records the final closing as being achieved on July 21, 2026.

How the deal closed

The closing ran through a share buyback. YGCL completed the buyback of the shares held by Honda Motor Co., Ltd., leaving MGI BV and Honda Motor as the remaining holders. The company noted it had earlier received a Voluntary Sale Permission Decision from the competent court, and that completion had been guided to the second quarter of financial year 2026-2027. The transaction also covered a stake in Shinnichi Kogyo Co., Ltd., a YGCL subsidiary.

MGI BV stake in Yutaka Giken (voting rights)
81%
Honda Motor residual stake in Yutaka Giken
19%
Stake acquired in Shinnichi Kogyo
11%
YGCL ownership of Shinnichi Kogyo
62%

The filing confirms an acquisition first announced in August 2025 has now legally closed, bringing a formerly Tokyo-listed Japanese auto-component maker into the Motherson group as a majority-held subsidiary; the filing discloses no purchase consideration or financial impact.

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