Motherson completes tender offer for Japan’s Yutaka Giken shares

Samvardhana Motherson International on Wednesday said it has completed a tender offer to acquire additional shares in Japanese automotive components maker Yutaka Giken Co., Ltd., marking another step in its effort to strengthen control over the company.The tender offer, launched through the group’s wholly owned subsidiary Motherson Global Investments B.V., closed on March 10 with 1,408,867 common shares successfully tendered.

The shares will be acquired at a price of ¥3,024 per share, with settlement scheduled for March 17, 2026, according to a company update.
The tender offer followed regulatory approvals across several jurisdictions, including Japan, the United States, China, Brazil and Mexico.The transaction forms part of a broader acquisition process through which Motherson has already secured an 81% stake in Yutaka Giken and an 11% stake in Shinnichi Kogyo Co., Ltd., both suppliers to the global automotive industry.

Yutaka Giken is listed on the Tokyo Stock Exchange and is known for manufacturing automotive components such as exhaust systems, driveline parts and brake components.

The latest share purchase is aimed at consolidating Motherson’s ownership and strengthening its presence in the Japanese automotive components ecosystem.