On July 22, Samvardhana Motherson International Limitedannounced that its indirect wholly owned subsidiary, Motherson Global Investments B.V. (MGI BV), acquired an 81% stake with voting rights in Yutaka Giken Co., Ltd. (YGCL) and an 11% stake in Shinnichi Kogyo Co., Ltd. (Shinnichi).
YGCL is a Japan-based company, w
On July 2, Samvardhana Motherson International Limited announced the dissolution of its indirect wholly owned subsidiary Motherson DRSC Automotive Product Trading (Shanghai) Co. Ltd., effective June 29, 2026. The entity, acquired as part of the Dr. Schneider Holding GmbH Group in October 2023, had no active operation
On June 9, Yutaka Giken announced that it will be delisted from the Tokyo Stock Exchange Standard Market effective June 10. The decision was approved at an extraordinary shareholders’ meeting held on May 15. A tender offer (TOB) by India’s major automotive parts group, Motherson Group, had already been completed in M
On August 29, Samvardhana Motherson International Limited (SAMIL) announced that it will acquire an 81% stake in Yutaka Giken Co., Ltd. (YGCL), a Tokyo Stock Exchange-listed manufacturer of metal components and assemblies, including rotors, stators, drive and brake systems, and thermal management systems. The acquisi
Yutaka Giken Co., Ltd. will participate in the Auto Guangzhou 2022, exhibiting new products such as heat reclaimers, motor parts, exhaust products (exhaust manifolds, three-way catalysts, DPFs, silencers), drive products (torque converters for AVTs, single-layer flywheels, torque converters for sedans, hydraulic clut
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