# PRESS KOGYO CO.,LTD.: business model and financials

> Latest period: FY ending Mar 2026, consolidated, J-GAAP
> Unit: JPY millions
> Sources: 有価証券報告書－第124期(2025/04/01－2026/03/31) (S100YGAC)
> Page: https://vizora.meequs.com/en/company/press-kogyo
> Retrieved: 2026-09-30T19:49:52.299Z

## Company

Press Kogyo is a company in Auto Parts listed on TSE Prime. It has 5,433 employees (consolidated).

| Field | Value |
| --- | ---: |
| Legal name | PRESS KOGYO CO.,LTD. |
| Ticker | 7246 |
| Stock price | View on Yahoo Finance (https://finance.yahoo.co.jp/quote/7246.T) |
| Listing | TSE Prime |
| Head office | 川崎市川崎区塩浜一丁目1番1号 |
| Representative (per filing) | 代表取締役社長 清水 勇生 |
| Share capital | ¥8.07B |
| Employees (consolidated) | 5,433 |
| Average salary (parent only) | ¥7.6M |
| Fiscal year end | March |
| Website | www.presskogyo.co.jp (https://www.presskogyo.co.jp/) |
| Corporate number | 5020001074318 |
| EDINET | E02154 |
| Industries (Vizora) | Auto Parts, Construction & Farm Machinery |

> Profile source: annual securities report (S100YGAC, filed 2026-06-23). As of filing

## Five-axis industry profile

Primary industry: Auto Parts (2026-03-31)

| Axis | Industry percentile | Peers |
| --- | ---: | ---: |
| Revenue growth | 34.1 | 110 |
| Profitability | 73.4 | 111 |
| Cash conversion | 45.8 | 108 |
| Efficiency | 49.1 | 111 |

Each axis is shown independently. Missing values are labeled unavailable; no combined score is calculated. Industry rank is not an investment recommendation.

## Key points (generated from figures)

- About 82% of Press Kogyo's sales come from Automobile, with Construction machinery and Other making up much of the rest.
- Out of every ¥100 of sales, about ¥7 is left as operating profit.
- Revenue changed +6.5% from the prior year, operating profit +40.0%.

## Company structure

- Segment revenue mix: Automobile 82.4%、Construction machinery 16.2%、Other 1.5%
- Revenue → net income: ¥202167000000 → ¥10411000000
- Net income → operating cash flow: ¥10411000000 → ¥22340000000（difference ¥11929000000）
- Main uses of operating cash flow: CapEx ¥17783000000 / dividends ¥3477000000 / buybacks ¥1500000000
- Change in cash: ¥-4067000000
Segment shares use total reported segment revenue, which may include inter-segment sales. The cash bridge is operating cash flow minus net income and combines non-cash items and working-capital effects.

## Key figures at a glance

| Metric | Value | Note |
| --- | ---: | ---: |
| Revenue | ¥202.2B |  |
| Operating income | ¥13.5B | Margin 6.7% |
| Net income | ¥8.47B | Margin 4.2% |
| Free cash flow | ¥4.56B |  |
| Largest business | Automobile | of segment revenue 82.4% |
| Employees (consolidated) | 5,433 |  |
| EPS | ¥62.84 |  |
| Book value per share | ¥889.56 |  |
| Equity ratio | 58.0% |  |
| Shares outstanding | 98,066,000 |  |
| Treasury shares | 513,400 |  |
| Shareholders | 23,501 |  |
| Average salary (parent only) | ¥7.6M | Filing company only |
| Cash ratio | 10.7% | Cash ÷ revenue 11.0% |
| Vs. industry median margin | +1.9 pp | Auto Parts |
| ROE | 9.8% | Derived from disclosed figures |
| ROA | 4.2% | Derived from disclosed figures |

## Notable figures

- FY2026, operating cash flow is 2.6× net income
- FY2026, one segment accounts for 93% of positive segment profit
- FY2026, employees 0% while operating income rose 40%

## What changed in 5 years

| Metric | FY ending Mar 2021 | FY ending Mar 2026 | Change |
| --- | ---: | ---: | ---: |
| Revenue | ¥153725000000 | ¥202167000000 | +31.5% |
| Operating income | ¥4764000000 | ¥13509000000 | +183.6% |
| Operating margin | 3.1% | 6.7% | +3.6 pp |
| Employees | 6,026 people | 5,433 people | -9.8% |
| Cash and equivalents | ¥17132000000 | ¥22184000000 | +29.5% |

### Change in segment revenue mix

Span: FY ending Mar 2021 → FY ending Mar 2026. Stable segment keys are connected; unmatched shares are marked as new or reorganized. Shares use total segment revenue.

| Flow | Revenue share |
| --- | ---: |
| 自動車関連事業 → 自動車関連事業 | 81.6% |
| 建設機械関連事業 → 建設機械関連事業 | 16.2% |
| 建設機械関連事業 → 事業再編・廃止 | 0.2% |
| その他 → その他 | 1.5% |
| その他 → 事業再編・廃止 | 0.5% |
| 新設・再編 → 自動車関連事業 | 0.7% |

Segment revenue source references: 6 (derived)

## Business growth × margin

X-axis: segment revenue CAGR. Y-axis: latest operating margin. Bubble size: latest revenue. CAGR requires at least two comparable years.

| Segment | CAGR span | Revenue CAGR | Latest revenue | Operating margin | Source refs |
| --- | ---: | ---: | ---: | ---: | ---: |
| Automobile | 5 years | +5.8% | ¥166558000000 | 9.6% | 2 |
| Construction machinery | 5 years | +5.3% | ¥32664000000 | 2.9% | 2 |
| Other | 5 years | -0.6% | ¥2943000000 | 6.4% | 2 |

## Income statement（FY ending Mar 2026, consolidated, J-GAAP）

| Item | Amount (JPY mn) | % of revenue | Source |
| --- | ---: | ---: | ---: |
| Revenue | 202,167 | 100.0% | S100YGAC |
| Cost of revenue | 171,826 | 85.0% | S100YGAC |
| Gross profit | 30,341 | 15.0% | S100YGAC |
| SG&A | 16,832 | 8.3% | S100YGAC |
| Operating income | 13,509 | 6.7% | S100YGAC |
| Ordinary income | 14,026 | 6.9% | S100YGAC |
| Pretax income | 13,419 | 6.6% | S100YGAC |
| Income tax | 3,008 | 1.5% | S100YGAC |
| Net income | 10,411 | 5.1% | S100YGAC |
| Net income attributable to owners | 8,475 | 4.2% | S100YGAC |

## Per ¥100 of revenue（FY ending Mar 2026）

| Part | JPY |
| --- | ---: |
| Cost of revenue | 85 |
| SG&A | 8 |
| Operating income | 7 |
| (Ref.) Net income | 4 |

### Margin funnel

Gross margin 15.0% → Operating margin 6.7% → Net margin 4.2%
Derived from reported figures (DERIVED).

## Revenue and profit pattern

Pattern: Revenue and profit up
Revenue growth: +6.5%; Core profit growth: +40.0%
Growth quality: margin-expansion
Operating leverage (core profit growth ÷ revenue growth): 6.19×
Calculated from comparable annual consolidated filings.

## Year over year（FY ending Mar 2025 → FY ending Mar 2026、JPY mn）

| Metric | Prior | Current | Change | % change |
| --- | ---: | ---: | ---: | ---: |
| Revenue | 189,883 | 202,167 | 12,284 | +6.5% |
| Gross profit | 25,758 | 30,341 | 4,583 | +17.8% |
| Operating income | 9,646 | 13,509 | 3,863 | +40.0% |
| Net income attributable to owners | 6,080 | 8,475 | 2,395 | +39.4% |
| Operating cash flow | 18,606 | 22,340 | 3,734 | +20.1% |
| Free cash flow | -21 | 4,557 | 4,578 | — |

## History（JPY mn）

| Period | Revenue | Op. income | Op. margin | Net income | Op. CF | FCF | Source |
| --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| FY ending Mar 2020 | 205,292 | 7,459 | 3.6% | 3,728 | 18,466 | 9,005 | S100LS7T |
| FY ending Mar 2021 | 153,725 | 4,764 | 3.1% | 1,489 | 7,103 | -2,606 | S100OJ4N |
| FY ending Mar 2022 | 160,060 | 12,424 | 7.8% | 7,107 | 15,390 | 4,927 | S100R78F |
| FY ending Mar 2023 | 184,844 | 13,110 | 7.1% | 6,793 | 21,187 | 9,688 | S100U0I8 |
| FY ending Mar 2024 | 197,817 | 12,807 | 6.5% | 8,078 | 27,230 | 11,856 | S100W4F1 |
| FY ending Mar 2025 | 189,883 | 9,646 | 5.1% | 6,080 | 18,606 | -21 | S100YGAC |
| FY ending Mar 2026 | 202,167 | 13,509 | 6.7% | 8,475 | 22,340 | 4,557 | S100YGAC |

## People and productivity（FY ending Mar 2026, consolidated, J-GAAP）

| Metric | Value |
| --- | ---: |
| Revenue per employee (consolidated) | ¥37.2M |
| Operating income per employee (consolidated) | ¥2.5M |
| Net income per employee (consolidated) | ¥1.6M |

Employees, revenue and profit are consolidated. Average annual salary is a separate parent-company figure. Calculated from disclosed figures (DERIVED).

| History | FY ending Mar 2022 | FY ending Mar 2023 | FY ending Mar 2024 | FY ending Mar 2025 | FY ending Mar 2026 |
| --- | ---: | ---: | ---: | ---: | ---: |
| Employees (consolidated) | 5,765 | 5,628 | 5,602 | 5,438 | 5,433 |
| Average salary (parent company) | ¥6.7M | ¥6.9M | ¥7M | ¥7M | ¥7.6M |
| Average age (parent company) | 41.1 years | 41.4 years | 41.1 years | 41.2 years | 43.0 years |
| Average tenure (parent company) | 19.8 years | 20.0 years | 19.4 years | 19.2 years | 19.3 years |

Year over year: Employees (consolidated) -0.1% · Revenue (consolidated) +6.5%

## Segments（FY ending Mar 2026, consolidated, J-GAAP、JPY mn）

| Segment | Revenue | Share | Op. income | Op. margin |
| --- | ---: | ---: | ---: | ---: |
| Automobile | 166,558 | 82.4% | 16,054 | 9.6% |
| Construction machinery | 32,664 | 16.2% | 945 | 2.9% |
| Other | 2,943 | 1.5% | 189 | 6.4% |

### segmentMix — Revenue and profit mix

Calculated from disclosed figures (DERIVED). Shares use total segment revenue and total positive segment profit respectively. Difference = profit share − revenue share (pt). Inter-segment sales may prevent reconciliation to company revenue.

| Segment | Revenue share | Profit share | Difference (pt) | Margin |
| --- | ---: | ---: | ---: | ---: |
| Automobile | 82.4% | 93.4% | 11.0 | 9.6% |
| Construction machinery | 16.2% | 5.5% | -10.7 | 2.9% |
| Other | 1.5% | 1.1% | -0.4 | 6.4% |

Segment → industry: Automobile → Auto Parts / Construction machinery → Construction & Farm Machinery

## Revenue by geography

No geographic revenue breakdown was disclosed.

## Cash flow（FY ending Mar 2026, consolidated, J-GAAP）

| Item | Amount (JPY mn) | % of revenue | Source |
| --- | ---: | ---: | ---: |
| Operating cash flow | 22,340 | 11.1% | S100YGAC |
| Capital expenditure | 17,783 | 8.8% | S100YGAC |
| Free cash flow | 4,557 | 2.3% | 算出 |
| Investing cash flow | -17,226 | -8.5% | S100YGAC |
| Financing cash flow | -9,425 | -4.7% | S100YGAC |
| Dividends paid | 3,477 | 1.7% | S100YGAC |
| Share buyback | 1,500 | 0.7% | S100YGAC |
| Change in cash | -4,067 | -2.0% | S100YGAC |
| Cash and equivalents | 22,184 | 11.0% | S100YGAC |

## Balance sheet

Figures are as of each fiscal year end. Derived values are marked as such in the source column. Lease liabilities are excluded from interest-bearing debt.

| Metric | FY ending Mar 2022 | FY ending Mar 2023 | FY ending Mar 2024 | FY ending Mar 2025 | FY ending Mar 2026 | Source |
| --- | ---: | ---: | ---: | ---: | ---: | ---: |
| Cash and equivalents | 21,555 | 22,329 | 28,706 | 26,251 | 22,184 | S100U0I8, S100W4F1, S100YGAC |
| Total assets | 172,617 | 178,402 | 191,742 | 197,764 | 207,185 | S100R78F, S100U0I8, S100W4F1, S100YGAC |
| Net assets | 103,219 | 111,087 | 120,444 | 127,481 | 134,651 | S100U0I8, S100W4F1, S100YGAC |
| Share capital | 8,070 | 8,070 | 8,070 | 8,070 | 8,070 | S100R78F, S100U0I8, S100W4F1, S100YGAC |
| Property, plant and equipment | 74,359 | 77,794 | 84,618 | 93,549 | 98,450 | S100R78F, S100U0I8, S100W4F1, S100YGAC |
| Intangible assets excluding goodwill | 588 | 538 | 498 | 590 | 557 | S100R78F, S100U0I8, S100W4F1, S100YGAC |
| Investment securities | 6,977 | 6,970 | 8,851 | 8,001 | 8,216 | S100R78F, S100U0I8, S100W4F1, S100YGAC |
| Current assets | 84,359 | 87,065 | 91,777 | 87,789 | 90,279 | S100R78F, S100U0I8, S100W4F1, S100YGAC |
| Current liabilities | 54,736 | 51,646 | 55,713 | 53,617 | 55,306 | S100R78F, S100U0I8, S100W4F1, S100YGAC |
| Trade payables | 24,820 | 25,541 | 27,494 | 24,061 | 26,856 | S100R78F, S100U0I8, S100W4F1, S100YGAC |
| Short-term borrowings | 11,865 | 6,441 | 5,770 | 8,102 | 6,031 | S100R78F, S100U0I8, S100W4F1, S100YGAC |
| Long-term borrowings | 1,804 | 2,511 | 1,632 | 1,664 | 928 | S100R78F, S100U0I8, S100W4F1, S100YGAC |
| Total liabilities | 69,398 | 67,315 | 71,298 | 70,282 | 72,534 | S100R78F, S100U0I8, S100W4F1, S100YGAC |
| Non-controlling interests | 8,425 | 10,819 | 12,623 | 13,489 | 14,455 | S100R78F, S100U0I8, S100W4F1, S100YGAC |
| Equity attributable to owners of parent | 72,530 | 76,189 | 80,918 | 84,338 | 87,958 | S100R78F, S100U0I8, S100W4F1, S100YGAC |
| Retained earnings | 64,224 | 67,980 | 72,957 | 74,546 | 78,179 | S100R78F, S100U0I8, S100W4F1, S100YGAC |
| Treasury stock | -1,838 | -1,936 | -2,183 | -353 | -366 | S100R78F, S100U0I8, S100W4F1, S100YGAC |

### Assets and funding mix

| Assets | Share | Source |
| --- | ---: | ---: |
| Cash | 11% | S100YGAC |
| Property, plant and equipment | 47% | S100YGAC |
| Intangibles and goodwill | 0% | S100YGAC |
| Investment securities | 4% | S100YGAC |
| Other assets | 38% | S100YGAC |

| Funding source | Share | Source |
| --- | ---: | ---: |
| Trade payables | 13% | S100YGAC |
| Other liabilities | 22% | S100YGAC |
| Equity | 65% | S100YGAC |

### Balance sheet history

| Metric | FY ending Mar 2022 | FY ending Mar 2023 | FY ending Mar 2024 | FY ending Mar 2025 | FY ending Mar 2026 |
| --- | ---: | ---: | ---: | ---: | ---: |
| Total assets | 172,617 | 178,402 | 191,742 | 197,764 | 207,185 |
| Equity | 103,219 | 111,087 | 120,444 | 127,481 | 134,651 |
| Interest-bearing debt | — | — | — | — | — |
| Cash | 21,555 | 22,329 | 28,706 | 26,251 | 22,184 |

## Asset intensity and goodwill

Ratios are derived from reported values. Goodwill is used only when separately reported, never inferred from combined intangible assets.

| Metric | Value | Sources |
| --- | ---: | ---: |
| Asset intensity (fixed assets ÷ revenue) | 48.7% | S100YGAC |
| Fixed assets ÷ total assets | 47.5% | S100YGAC |
| Goodwill ÷ parent equity | — | —, S100YGAC |

### Cash quality

Net cash = cash − interest-bearing debt. Net debt ratio = (interest-bearing debt − cash) ÷ positive operating cash flow. Omit when debt components are incomplete; other ratios are derived from reported figures.

| Metric | Value |
| --- | ---: |
| Cash ratio (cash ÷ total assets) | 10.7% |
| Cash ÷ revenue | 11.0% |
| Net cash (cash − interest-bearing debt) | — |
| Net debt ÷ operating cash flow | — |
| Cash conversion (operating CF ÷ operating income) | 165.4% |
| Cash vs. profit gap | 13,865 JPY mn (of net income 163.6%) |
| Shareholder returns / net income | 58.7% |
| Shareholder returns / FCF | 109.2% |
| Shareholder payments — dividends / net income | 41.0% |
| Shareholder payments — dividends / FCF | 76.3% |
| CapEx intensity (capex ÷ revenue) | 8.8% |
| Investing CF relative to operating CF | 77.1% |

## ROA and ROE

ROE is decomposed into net margin × asset turnover × financial leverage. Leverage can raise ROE, so the ratio alone does not assess a company's condition. Ending balances are used without a prior year; total equity approximates parent equity when unavailable.

| Period | Net margin | Asset turnover | ROA | Financial leverage | ROE | Sources |
| --- | ---: | ---: | ---: | ---: | ---: | ---: |
| 2022 | 4.4% | 0.93× | 4.1% | 2.38× | 9.8% | S100R78F |
| 2023 | 3.7% | 1.05× | 3.9% | 2.36× | 9.1% | S100U0I8 |
| 2024 | 4.1% | 1.07× | 4.4% | 2.36× | 10.3% | S100W4F1 |
| 2025 | 3.2% | 0.97× | 3.1% | 2.36× | 7.4% | S100YGAC |
| 2026 | 4.2% | 1.00× | 4.2% | 2.35× | 9.8% | S100YGAC |

## Ownership

| Counterparty | Relation | Ratio | As of |
| --- | ---: | ---: | ---: |
| 日本マスタートラスト信託銀行株式会社（信託口） | Major shareholder | 12.6% | 2026-03-31 |
| いすゞ自動車株式会社 | Major shareholder | 10.4% | 2026-03-31 |
| 日鉄物産株式会社 | Major shareholder | 5.1% | 2026-03-31 |
| 株式会社日本カストディ銀行（信託口） | Major shareholder | 4.6% | 2026-03-31 |
| ＳＴＡＴＥ ＳＴＲＥＥＴ ＢＡＮＫ ＡＮＤ ＴＲＵＳＴ ＣＯＭＰＡＮＹ ５０５２２３ （常任代理人 株式会社みずほ銀行決済営業部） | Major shareholder | 3.5% | 2026-03-31 |
| 伊藤忠丸紅鉄鋼株式会社 | Major shareholder | 3.4% | 2026-03-31 |
| プレス工業従業員持株会 | Major shareholder | 2.6% | 2026-03-31 |
| プレス工業取引先持株会 | Major shareholder | 2.6% | 2026-03-31 |
| 株式会社日本カストディ銀行（信託口４） | Major shareholder | 1.9% | 2026-03-31 |
| ＤＦＡ ＩＮＴＬ ＳＭＡＬＬ ＣＡＰ ＶＡＬＵＥ ＰＯＲＴＦＯＬＩＯ （常任代理人 シティバンク、エヌ・エイ東京支店） | Major shareholder | 1.9% | 2026-03-31 |

## Sources

| Document | ID | Published | URL |
| --- | ---: | ---: | ---: |
| 有価証券報告書－第124期(2025/04/01－2026/03/31) | S100YGAC | 2026-06-23 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100YGAC,, |
| 有価証券報告書－第123期(2024/04/01－2025/03/31) | S100W4F1 | 2025-06-25 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100W4F1,, |
| 訂正有価証券報告書－第122期(2023/04/01－2024/03/31) | S100U0I8 | 2024-07-08 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100U0I8,, |
| 有価証券報告書－第121期(2022/04/01－2023/03/31) | S100R78F | 2023-06-29 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100R78F,, |
| 有価証券報告書－第120期(令和3年4月1日－令和4年3月31日) | S100OJ4N | 2022-06-29 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100OJ4N,, |
| 有価証券報告書－第119期(令和2年4月1日－令和3年3月31日) | S100LS7T | 2021-06-29 | https://disclosure2.edinet-fsa.go.jp/WZEK0040.aspx?S100LS7T,, |

## Definitions

- Amounts are in millions of JPY (rounded). The period is stated in each table heading
- Operating margin = operating income ÷ revenue. Net income is attributable to owners of the parent when disclosed
- Free cash flow (FCF) = operating cash flow − capital expenditure
- ¥100 model = breakdown per ¥100 of revenue (rounded so parts sum to 100)
- Segment revenues include inter-segment sales and may not sum to consolidated revenue
- Source IDs are EDINET document IDs (docID). "算出" (derived) means computed from other disclosed values
- All figures are extracted mechanically from filings. AI-written text never generates figures
- Source: company filings submitted to EDINET (Financial Services Agency of Japan). Figures were extracted, edited and processed, and charts and text were created, by Vizora — not by the FSA (used under the Public Data License v1.0).