Samvardhana Motherson International Limited said regulatory clearances required for its proposed acquisition of a controlling stake in Japan-listed Yutaka Giken Co., Ltd. have been completed, clearing the way for the launch of a tender offer in early February 2026. The transaction is being executed through the company’s indirect wholly owned subsidiary, Motherson Global Investments B.V. (MGI B.V.), and involves an 81 percent equity stake with voting rights in Yutaka Giken and an additional 11 percent stake in its subsidiary, Shinnichi Kogyo Co., Ltd.
The company had earlier disclosed the proposed acquisition on 29 August 2025, outlining a multi-jurisdictional regulatory approval process as a prerequisite for closing. According to a stock exchange filing, competition law approvals were required from authorities in China, Brazil, Mexico, Japan and the United States as part of the tender offer process motherson.
Samvardhana Motherson said MGI B.V. has completed all necessary procedures and regulatory responses across the five jurisdictions. The merger control clearance processes concluded on 23 December 2025 in China, 31 December 2025 in Brazil, 9 January 2026 in Mexico, 16 January 2026 in Japan and 29 January 2026 in the United States, the filing stated. With these approvals in place, MGI B.V. now proposes to commence the tender offer for Yutaka Giken shares in early February 2026.
Yutaka Giken is incorporated in Japan and listed on the Tokyo Stock Exchange. Shinnichi Kogyo is a subsidiary of Yutaka Giken, with Yutaka Giken holding a 62 percent ownership interest. The acquisition is structured to give Samvardhana Motherson indirect control over both entities upon completion of the tender offer and related transaction steps.
Samvardhana Motherson International Limited is an automotive component supplier with operations across multiple geographies, serving global original equipment manufacturers through a range of modules, systems and components.
