Press Kogyo
Basic Information
- Stock Code
- 7246
- Industry
- Transportation Equipment
- Category Detail
- Auto Parts
- Prefecture
- Kanagawa Prefecture
- Establishment Year
- February 1925
- Listing Year
- August 1961
- Official Website
- https://www.presskogyo.co.jp/
- TSE Information
- TSE Information
- Yahoo! Finance
- Yahoo! Finance
- Other Companies
- Toyota Boshoku, Seiren, DNC, Nishikawa Rubber Industry, Unipress, G-tect, Higashi Pre, Nippa, Taiheiyo Kogyo, Toyoda Gosei, Murakami Kaimeido, Tey Estec, Grandy
Overview
Press Kogyo is a transportation equipment manufacturer founded in 1925, the top player in automotive press parts, also handling construction machinery parts, and expanding globally.
Current Situation
Press Kogyo recorded consolidated sales of approximately ¥153.7 billion, operating profit of about ¥4.8 billion, and net profit of about ¥1.9 billion in the fiscal year ended March 2021, maintaining a stable management foundation. It primarily manufactures parts such as truck chassis frames, axle modules, and suspensions, holding a high market share in the automotive parts industry. Centered in Kanagawa Prefecture, it has multiple domestic factories and overseas bases, building a broad production system. Technologically, it realizes diverse product expansion through special steel pipe processing technology and construction machinery cabin production. Focusing on environmental measures and stable supply, it has earned customer trust. Additionally, it is advancing diversification such as earthquake shelter development and working to implement medium- to long-term growth strategies. In the market, it is responding steadily to technological competition with rivals, raw material price fluctuations, and overseas market risks. Looking ahead, it aims for sustainable growth by strengthening development of electric vehicle-related parts and high-performance materials. It is also expanding the overseas production ratio and enhancing local collaborations in response to industry globalization. By balancing stable performance and technological innovation, it will continue to solidify its position as a key parts supplier for automobiles and construction machinery.
Trivia
Interesting Facts
- Press Kogyo is the domestic largest in truck press parts.
- Changed its company name to Press Kogyo Co., Ltd. in 1934.
- Rare automotive parts maker that manufactures earthquake shelters.
- Applies special steel pipe processing technology to construction machinery cabins.
- Has a corporate track and field team that has participated in the New Year Ekiden for 11 consecutive years.
- Founded in 1925, relocated headquarters from Tokyo to Kawasaki City.
- Isuzu Motors holds over 9% as major shareholder.
- Global company with numerous factories domestically and internationally.
- Rare press parts maker that also handles complete vehicle assembly.
- Diverse products including building materials and parking system parts.
- Shareholders include major trading companies like Itochu Marubeni Steel.
- Handles earthquake-resistant building materials with advanced press technology.
- Has manufacturing bases in the US, Thailand, China, and Sweden.
- Mid-sized automotive parts company with approximately 6,026 employees.
- Actively contributes to the community through sports support.
Hidden Connections
- Has long-standing close capital and business ties as a major supplier to Isuzu Motors.
- Expands technology to other industries as a leading cabin supplier in construction machinery.
- Focuses on overseas market development through joint ventures with UD Trucks.
- Deeply involved in Japan's mechanical multi-story parking system market.
- Rare industry track record in applying technology to earthquake shelters.
- Market collaborations and competitions exist with related companies like Unipress and DNC.
- Maintains strong transaction relationships with major trading companies like Itochu Marubeni Steel.
- Contributes to regional sports promotion through its corporate ekiden team.
Future Outlook
Growth Drivers
- Growth in domestic and international truck markets and stricter emissions regulations
- Increasing demand for electrification-compatible parts
- Recovery and diversification needs in construction machinery market
- Enhanced competitiveness through advanced production technology
- Expansion of overseas production bases and global deployment
- Accelerated investment in new businesses and product lines
- Promotion of environmental regulation compliance technology development
- Smart factory transformation via IoT and AI introduction
- Product diversification capturing customer needs
- Building of sustainable management structure
Strategic Goals
- Over 30% sales ratio for electric vehicles and eco-compatible parts
- Achieve over 40% overseas sales ratio
- Strengthen profitability through 30% production efficiency improvement
- Achieve ¥30 billion in new business sales
- Expansion of carbon neutral-compatible factories
- Significant increase in high value-added product ratio
- Ensuring supply chain sustainability
- Promotion of CSR for coexistence with local communities
- Company-wide DX promotion for enhanced competitiveness
- Strengthening of product development and talent cultivation
Business Segments
Parts Supply to Automakers
- Overview
- Stably supplies high-quality metal parts to truck and construction machinery manufacturers.
- Competitiveness
- Reliability from years of track record and high-precision processing technology
- Customers
-
- Isuzu Motors
- Mitsubishi Fuso
- Mazda
- UD Trucks
- Nissan Motor
- Toyota Motor
- Overseas Trading Companies
- Products
-
- Chassis Frames
- Axle Modules
- Suspension Parts
- Bumpers
- Interior/Exterior Parts
- Complete Vehicle Assembly
Construction Machinery Parts Manufacturing
- Overview
- Utilizes special steel pipe processing technology to manufacture diverse construction machinery parts.
- Competitiveness
- High-durability product manufacturing using proprietary technology
- Customers
-
- Komatsu
- Caterpillar
- Hitachi Construction Machinery
- Kobelco Construction Machinery
- Overseas Construction Machinery Manufacturers
- Products
-
- Cabins
- Structural Frames
- Hydraulic Parts
Complete Vehicle Assembly Outsourcing
- Overview
- Undertakes contract production in the complete vehicle assembly field.
- Competitiveness
- Proven assembly technology and quality assurance system
- Customers
-
- Isuzu UniCab Project
- Products
-
- Complete Vehicle Assembly
- Quality Control Services
Die Design and Manufacturing
- Overview
- Supports product quality through high-precision die design and processing.
- Competitiveness
- High design precision and durability
- Customers
-
- Automotive Parts Manufacturers
- Construction Machinery Manufacturers
- Industrial Machinery Manufacturers
- Products
-
- Press Dies
- Injection Molding Dies
Housing Building Materials Supply
- Overview
- Provides housing building materials that balance safety and environmental considerations.
- Competitiveness
- Development capabilities for earthquake-resistant and environmentally compatible products
- Customers
-
- Housing Construction Companies
- Building Materials Trading Companies
- Products
-
- Earthquake-Resistant Metal Building Materials
- Exterior Building Materials
Mechanical Parking System Parts
- Overview
- Supplies key parts supporting the reliability of mechanical parking facilities.
- Competitiveness
- Superior long-term durability in parts manufacturing
- Customers
-
- Parking System Manufacturers
- Commercial Facility Operators
- Products
-
- Parking System Structural Parts
- Safety Device Parts
Competitive Advantage
Strengths
- Domestic largest automotive press parts manufacturer
- Advanced special steel pipe processing technology
- Diverse product lineup
- Abundant domestic and international production bases
- Long-standing customer trust and track record
- High-precision die design and manufacturing capabilities
- One-stop対応 up to complete vehicle assembly
- Business diversification into earthquake shelters
- Production system linked with partner factories
- Active overseas market expansion
- Stable financial base
- Technology capable of quick response to customer needs
- Capabilities in environmental and safety performance
- Comprehensive quality management system
- Strong relationship with major shareholder (Isuzu Motors)
Competitive Advantages
- Market share as the top maker of truck press parts
- Application of special steel pipe technology to construction machinery cabin parts
- Integrated production system capable of complete vehicle assembly
- Flexible production system with diverse manufacturing bases domestically and internationally
- Strong long-term transaction relationships with truck and construction machinery manufacturers
- High manufacturing quality and stable supply leading to customer satisfaction
- Active initiatives in new businesses like earthquake shelters
- Creation of differentiated products through technological development capabilities
- Improved product durability with proprietary special steel pipe processing technology
- Presence of major automakers as key customers
- Business stability based on strong capital and partnership ties
- Compliance with domestic and international environmental regulations and measures to reduce environmental impact
Threats
- Changes in parts demand due to global automotive industry's EV shift
- Cost pressures from raw material price fluctuations
- Political and economic risks at overseas production bases
- Price competition pressures from intensifying international competition
- Supply chain factory shutdown risks
- Increased burden of responding to stricter environmental regulations
- Market fluctuations from new entrants and technological innovations
- Revenue uncertainty from exchange rate fluctuations
- Reduced orders due to automakers' in-house production push
- Global logistics and material shortages
- Challenges in securing labor
- Potential production interruptions from natural disasters
Innovations
2024: Development of High-Strength Lightweight Chassis Frames
- Overview
- Developed new chassis frames that balance safety and weight reduction by applying special steel pipe processing technology.
- Impact
- Improved fuel efficiency and durability, enhancing customer satisfaction
2023: Start of Multifunctional Cabin Production for Construction Machinery
- Overview
- Achieved improved comfort for construction machinery operators through eco-friendly materials and enhanced safety features.
- Impact
- Increased orders from major customers
2022: Market Launch of Earthquake Shelters
- Overview
- Began manufacturing and selling earthquake shelters leveraging high-durability press parts technology.
- Impact
- Successful business diversification and new market development
2021: Automation and AI Introduction in Production Lines
- Overview
- Introduced AI-equipped lines at multiple factories to improve production efficiency and quality control.
- Impact
- 15% increase in production capacity, improved yield rate
2020: Start of R&D for EV-Compatible Parts
- Overview
- Launched development project for new material parts for EV chassis.
- Impact
- Strengthened preparations for future eco-vehicle market
Sustainability
- Promotion of factory CO2 emission reduction plans
- Efforts to improve waste recycling rates
- Acceleration of environmental impact reduction technology development
- Cooperation with local communities on environmental conservation activities
- Strengthening supply chain sustainability
- Implementation of employee environmental awareness programs
- Promotion of energy-saving equipment introduction
- Thorough operation of environmental management systems
- Collaboration with local governments on environmental education
- Formulation of sustainable procurement policies