Strategic Alliance between TBK and BIPL
In a significant move to enhance its operations and product development, TBK has announced a capital and business partnership with the leading Indian brake manufacturer, Brakes India Private Limited (BIPL). The decision was made during a board meeting on November 21, 2025, and is set to capitalize on the synergies between the two companies to accelerate the development of electric and automated products.
As part of this collaboration, TBK will conduct a third-party share allocation on December 9, 2025, raising approximately 1.1 billion yen. This action results in BIPL acquiring a 10.03% stake in TBK, making it the company's principal shareholder. This partnership is poised to leverage both firms' strengths to create high-value automotive solutions, especially in the realms of electrification and automation.
Background of the Business Collaboration
TBK, with a robust market presence in Japan, commands about 60% of the brake pump sector for large and medium trucks. Over the years, the company has established solid customer relationships and operates production bases in Japan, Thailand, India, and China, supplying high-quality products on a global scale. BIPL is known for its exceptional technical expertise and extensive experience in manufacturing brakes for both passenger and commercial vehicles. Its specialization and responsiveness to market needs provide a strong complement to TBK's portfolio.
Through this partnership, both companies plan to maximize their technical capabilities and customer networks, fostering the development of innovative, high-value products and solutions that cater to modern automotive demands.
Changes in Major Shareholders
With this third-party share allocation, the dynamics of TBK's major shareholders will change, now with BIPL holding a significant stake. This strategic investment reflects a strengthened commitment to collaboratively pushing the boundaries of automotive technology.
Through the new capital and operational partnership, TBK will aim to transition into a systems supplier focused on electrification and automation. The collaboration is not merely a business strategy but also addresses broader societal challenges such as decarbonization and the shortage of drivers, thus contributing to the evolution of the next-generation mobility ecosystem.
Overview of Brakes India Private Limited (BIPL)
- - Company Name: Brakes India Private Limited (BIPL)
- - Established: November 9, 1962
- - Headquarters: No. 21, Patullos Road, Chennai, Tamil Nadu, 600 002, India
- - Managing Director: Sriram Viji
- - Capital: 1,746,424,000 Rupees
- - Employees: 10,925
- - Business Scope: Manufacturing and sales of automotive brakes and castings.
About TBK
- - Company Name: TBK Corporation
- - Location: 4-21-1 Minami Naruse, Machida, Tokyo, Japan
- - Representative: Kaoru Ogata
- - Established: August 1, 1949
- - Business Activities: Design, manufacturing, sales, and repair of parts for various automobiles, industrial machinery, and construction machines.
- - Official Website: https://tbk-jp.com/
This partnership is set to reshape the landscape of the automotive industry in Japan and beyond, paving the way for a new era of innovative technologies and sustainable practices.