PRESS KOGYO CO.,LTD.

Business Details

Manufactures and sells automotive parts (frames, axles, panels, etc.) and automotive dies & molds. Domestically, the segment's mainstay is parts for standard and small trucks, with both production and sales increasing due to strong sales to customers. Overseas operations span Thailand (pickup trucks), the USA (axle tubes and door reinforcement parts), Indonesia, and Sweden (including EV parts). In FY2026 (ending March 2026), sales to external customers were ¥166,558 million, accounting for approximately 82% of the group's total.

Recent Overview

Strong domestic performance and sales expansion in Sweden drove a 5.4% increase in sales and a 21.9% increase in profit

In the Automotive-related Business for FY2026 (ending March 2026), domestic parts for standard and small trucks saw both production and sales increase due to strong sales to customers. In Sweden, new sales expansion of EV parts and other products, along with increased production of engine-related parts, contributed positively. Meanwhile, in Thailand, although pickup truck production volume declined, sales were maintained at the prior-year level thanks to new orders; in Indonesia, the continued decline in demand led to lower sales; and in the USA, sales declined due to the scaling back of the panel business. As a result, the segment achieved segment sales of ¥167,078 million (up 5.4% year on year) and segment profit of ¥16,054 million (up 21.9% year on year).

Key Products

Growth Drivers

• Continued increase in production and sales due to strong sales to customers for domestic standard and small truck parts
• Increased sales from new sales expansion and mass production expansion of EV parts, etc. in Sweden
• Establishment of a new revenue source through mass production and upgrade development of EV-dedicated axles in Thailand
• Support for local production in North America and expanded order intake through the establishment of a new plant at the US site
• Maintaining and expanding business rights through technological development and proposal capabilities, viewing the reorganization of domestic commercial vehicle manufacturers as a growth opportunity
• Promotion of sales expansion activities, growth investment, productivity improvement, and rationalization activities based on the medium-term management plan PRESence28
• Promotion of DX and automation through the establishment of an integrated production line and introduction of collaborative robots at the Utsunomiya plant

Risks

• Continued sluggish truck demand in Thailand and Indonesia (in the FY2027 (ending March 2027) forecast, the delayed recovery of pickup trucks in Thailand is expected to significantly affect performance)
• Impact on customers' production plans and increased uncertainty in the business environment due to changes in US tariff policy
• Medium- to long-term risk of shrinking demand for parts for existing internal combustion engines as EV adoption accelerates
• Risk of changes in customer composition and loss of business rights due to reorganization of domestic commercial vehicle manufacturers
• Risk of prolonged demand slump in Indonesia
• Foreign exchange risk (high proportion of overseas sales; yen appreciation pressures profitability)
• Risk of deteriorating external environment due to Middle East tensions, such as rising energy costs and logistics disruptions