- Business
- Press Kogyo Co., Ltd. is a Japanese manufacturer specializing in automotive and construction machinery parts, founded in 1925 and headquartered in Tokyo, Japan. The company produces core products including chassis frames; axles comprising axle cases, gears, and brakes; cabins for construction machinery utilizing original variant shaped steel pipe technology; plastic parts; and other automotive parts. It also manufactures molds and automation equipment, multi-level parking equipment-related products, special-purpose vehicles, and earthquake shelters designed for employee protection during earthquakes. Press Kogyo leverages advanced stamping, welding, coating, and assembly technologies and maintains in-house manufacturing of dies and production lines, catering predominantly to commercial vehicle manufacturers and construction machinery makers.
Recent major changes include the implementation of a new medium-term business plan spanning 2024 to 2028, emphasizing expanding core business strategies, evolving core products toward electrification (addressing the shift to electric vehicles by developing EV axles and frames), and promoting sustainability management. The company revised upward its full-year fiscal 2025 sales and operating profit forecasts, reflecting higher sales volume expectations in its key markets including Japan, Thailand, and the United States. In 2025, Press Kogyo announced an equity buyback of 2.5 million shares, representing 2.51% of its shares, and increased its annual dividend forecast as part of efforts to enhance shareholder returns and capital efficiency. The firm continues to respond strategically to market shifts such as the downsizing of its U.S. panel business and decreased demand in Thailand while improving profitability through an enhanced sales mix and reduced depreciation costs.
Operating globally with subsidiaries such as Press Kogyo Sweden AB, the company is engaged in sheet metal engineering, hydraulic pressing, and welding, supplying automotive, construction, truck, and construction equipment parts. Press Kogyo's strategy includes expanding relationships with domestic commercial manufacturers and responding to structural industry changes among key customers including Hino Motors and ISUZU Motors. The company’s growth initiatives focus on electrification of vehicles, broadening its cabin lineup for wheel loaders and hydraulic excavators, and promoting advanced manufacturing technologies to maintain leadership in product quality and technological development. The company marks its centennial in 2025 while positioning itself to benefit from the full-scale spread of electric vehicles from 2030 onward.