Samvardhana Motherson International Limited (SAMIL) saw its shares jump over 2% following the announcement of a major overseas acquisition aimed at boosting its global footprint in the automotive components sector. As of 11:24 AM, the shares were trading 2.14% higher at Rs 94.08.
In a board meeting held on August 29, 2025, SAMIL approved the purchase of an 81% stake in Japan’s Yutaka Giken Co., Ltd. through its wholly owned subsidiary, Motherson Global Investments B.V. The deal also includes acquiring an additional 11% stake in Shinnichi Kogyo Co., Ltd.—a Yutaka Giken subsidiary—from Honda Motor Co. Ltd. Simultaneously, SAMIL will acquire the entire shareholding of Yutaka Autoparts India Pvt. Ltd., further consolidating its position in the Indian market.
Founded in 1954 and headquartered in Hamamatsu City, Yutaka Giken is a leading manufacturer of critical automotive components such as rotors, stators, brake systems, drive systems, and thermal management systems. The company operates 13 manufacturing facilities and one R&D centre across nine countries, including Japan, India, the US, China, Thailand, Brazil, Indonesia, Mexico, and the Philippines. For FY 2024–25, it reported revenue of approximately JPY 179 billion (around USD 1.2 billion).
Honda, which currently owns nearly 70% of Yutaka Giken, will retain a 19% minority stake post-transaction. The total acquisition is valued at about JPY 27 billion (USD 184 million), to be paid entirely in cash. The deal will proceed in multiple stages, including tender offers and regulatory approvals across Japan, the US, China, Brazil, and Mexico, with expected completion in the first quarter of FY 2026–27.
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