Samvardhana Motherson International Limited (SMIL) completed the acquisition of an 81% stake in Yutaka Giken Co., Ltd. (YGCL).
The deal was executed through SMIL’s indirect wholly-owned subsidiary, Motherson Global Investments B.V. Honda Motor Co., Ltd. will retain a 19% ownership interest in the Japanese manufacturer.
YGCL previously operated as a listed entity on the Tokyo Stock Exchange. The transaction was first disclosed in August 2025.
This move strengthens SMIL’s global automotive footprint and engineering capabilities. It follows other recent growth activities, such as the purchase of Nexans’ Autoelectric business.