Consolidated Financial Results for the Year Ended March 31, 2026 (Based on Japanese GAAP) PDF （909KB）

Translation

Notice: This document is a translation of the original Japanese document and is only for reference purposes. In the event of any discrepancy between this translated document and the original Japanese document, the latter shall prevail.

Company name: PRESS KOGYO CO., LTD. Stock exchange listing: Tokyo

Stock code: 7246 URL https://www.presskogyo.co.jp/en/ Representative: President & CEO Yuki Shimizu

Inquiries: General Manager, IR Dept. Yasuyuki Kurita TEL 050-3205-3549 Scheduled date of ordinary general meeting of shareholders: June 25, 2026

Scheduled date to file Securities Report: June 23, 2026

Scheduled date to commence dividend payments: June 26, 2026 Preparation of supplementary material on financial results: No

Holding of financial results meeting: Yes (for analysts and institutional investors)

May 15, 2026

(Amounts less than one million yen are rounded down)

1. Consolidated financial results for the year ended March 31, 2026 (from April 1, 2025 to March 31, 2026)

   1. Consolidated operating results Percentages indicate year-on-year changes

      	Net sales		Operating profit		Ordinary profit		Profit attributable to owners of parent
      	Millions of yen	%	Millions of yen	%	Millions of yen	%	Millions of yen	%
      Year ended March 31, 2026	202,167	6.5	13,509	40.0	14,026	36.5	8,475	39.4
      Year ended March 31, 2025	189,883	(4.0)	9,646	(24.7)	10,279	(23.6)	6,080	(24.7)

      Note: Comprehensive income	For the year ended March 31, 2026	¥13,538 million	[16.6%]
      	For the year ended March 31, 2025	¥11,614 million	[-18.4%]

      	Earnings per share	Diluted earnings per share	Profit attributable to owners of parent/equity	Ordinary profit/total assets	Operating profit/net sales
      Year ended March 31, 2026 Year ended March 31, 2025	Yen 85.85 60.99	Yen - -	% 7.2 5.5	% 6.9 5.3	% 6.7 5.1

      Reference: Share of profit (loss) of entities accounted for using equity method For the year ended March 31, 2026 ¥- million

      For the year ended March 31, 2025 ¥- million

   2. Consolidated financial position

      	Total assets	Net assets	Equity ratio	Net assets per share
      	Millions of yen	Millions of yen	%	Yen
      As of March 31, 2026	207,185	134,651	58.0	1,232.11
      As of March 31, 2025	197,764	127,481	57.6	1,148.35

      Reference: Equity

      As of March 31, 2026: ¥120,195 million As of March 31, 2025: ¥113,992 million

   3. Consolidated cash flows

      	Cash flows from operating activities	Cash flows from investing activities	Cash flows from financing activities	Cash and cash equivalents at end of period
      Year ended March 31, 2026 Year ended March 31, 2025	Millions of yen 22,340 18,606	Millions of yen (17,226) (17,714)	Millions of yen (9,425) (4,346)	Millions of yen 22,184 26,251

2. Cash dividends

   	Annual dividends per share					Total cash dividends (Total)	Dividend payout ratio (Consolidated)	Ratio of dividends to net assets (Consolidated)
   	1st quarter-end	2nd quarter-end	3rd quarter-end	Fiscal year-end	Total
   	Yen	Yen	Yen	Yen	Yen	Millions of yen	%	%
   Year ended March 31, 2025 Year ended March 31, 2026	- -	13.00 16.00	- -	19.00 21.00	32.00 37.00	3,176 3,640	52.5 43.1	2.9 3.1
   Year ending March 31, 2027 (Forecast)		22.00		22.00	44.00		61.4

3. Forecast of consolidated financial results for the year ending March 31, 2027 (from April 1, 2026 to March 31, 2027)

   Percentages indicate year-on-year changes

   	Net sales		Operating profit		Ordinary profit		Profit attributable to owners of parent		Earnings per share
   	Millions of yen	%	Millions of yen	%	Millions of yen	%	Millions of yen	%	Yen
   Six months ending September 30, 2026	96,000	4.0	5,900	6.5	6,000	5.2	3,600	15.2	36.88
   Full year	190,000	(6.0)	11,400	(15.6)	11,500	(18.0)	7,000	(17.4)	71.70

4. Notes

   1. Changes in significant subsidiaries during the year ended March 31, 2026

      No

      (changes in specified subsidiaries resulting in the change in scope of consolidation):

   2. Changes in accounting policies, changes in accounting estimates, and restatement of prior period financial statements Changes in accounting policies due to revisions to accounting standards and other regulations: No Changes in accounting policies due to other reasons: No

      Changes in accounting estimates: No

      Restatement of prior period financial statements: No

   3. Number of issued shares (common shares)

Total number of issued shares at the end of the period (including treasury shares) Number of treasury shares at the end of the period

Average number of shares during the period

• Financial results is not subject to the review procedures by certified public accountants or auditing firms.

• Explanation regarding appropriate use of business forecasts and other special instructions

The projections contained in this document are based on information currently available to the Company and certain assumptions that are deemed to be reasonable, and the Company does not intend to guarantee their achievement. Actual results may differ significantly as a consequence of various factors.

Attached Material

1. Overview of operating results and others 2

   1. Overview of operating results for the fiscal year 2

   2. Issues to be addressed 2

   3. Future outlook 4

   4. Overview of financial position for the fiscal year 4

   5. Fundamental policy on profit appropriation and dividends for the current and next fiscal years 5

2. Basic rationale for selection of accounting standards 6

3. Consolidated financial statements 7

   1. Consolidated balance sheets 7

   2. Consolidated statements of income and consolidated statements of comprehensive income 9

      Consolidated statements of income 9

      Consolidated statements of comprehensive income 10

   3. Consolidated statements of changes in equity 11

   4. Consolidated statements of cash flows 13

   5. Notes to consolidated financial statements 14

      (Notes on premise of going concern) 14

      (Notes on segment information, etc.) 14

      (Per share information) 16

      (Significant subsequent events) 16

4. Non-consolidated financial statements 17

   1. Non-consolidated balance sheets 17

   2. Non-consolidated statements of income 19

   3. Non-consolidated statements of changes in equity 20

1. ‌Overview of operating results for the fiscal year

   In the business environment for trucks for the fiscal year ended March 31, 2026, the domestic market for heavy- and medium-duty trucks remained firm, but demand continued to decrease in Thailand, Indonesia, etc. In addition, the business environmen t for construction machinery saw an increase in demand for hydraulic excavators in North America, ASEAN, and China and other regions due to robust construction investment and expectations for lower interest rates.

   Under these circumstances, the Group is steadily promoting initiatives based on the medium-term business plan

   , which spans from FY2024 to FY2028, and is achieving positive results. These initiatives include promoting sales expansion activities and maximizing value, improving productivity, and promoting streamlining activities through growth investments.
   
   

   In the current fiscal year, the Company recorded net sales of 202,167 million yen (up 6.5% year on year), operating profit of 13,509 million yen (up 40.0% year on year), ordinary profit of 14,026 million yen (up 36.5% year on year) and profit attributable to owners of parent of 8,475 million yen (up 39.4% year on year).

   (Automotive-Related Business)

   The production volume and net sales of components for heavy- and medium-duty trucks and light-duty trucks increased year on year at the Group in Japan due to strong sales by customers.

   Overseas, although production of pick-up trucks declined in Thailand, net sales remained flat year on year due to new orders and other factors. In the United States, net sales decreased due to the downsizing of the panel business for some customers based on a review of the business portfolio, although production of axle tubes and door reinforce parts increased. In Indonesia, net sales decreased year-on-year due to continued weak demand. However, in Sweden, net sales increased year on year due to new sales expansion of EV components and other products, and the increase in production of engine-related parts.

   As a result of the above, net sales in this segment amounted to 167,078 million yen (up 5.4% year on year), and segment profit amounted to 16,054 million yen (up 21.9% year on year).

   (Construction Machinery-Related Business)

   In Japan, the production of cabins for hydraulic excavators increased due to strong sales by customers. Although demand in export markets for equipment other than hydraulic excavators was sluggish and decreased, the production and net sales of cabins at the Group in Japan increased year on year.

   In China, domestic demand is on a recovery trend, and production and net sales increased year on year.

   In light of the future business environment in China, and from the standpoint of improving business efficiency of the Press Kogyo Group's operations in that country, the Company resolved at a meeting of the Board of Directors held on December 26, 2025 to dissolve PK MANUFACTURING (SUZHOU) CO., LTD.

   As a result of the above, net sales in this segment amounted to 35,127 million yen (up 14.6% year on year), and segment profit amounted to 945 million yen (segment loss of 415 million yen in the previous fiscal year).

2. ‌Issues to be addressed

   There is sentiment that the global economy is slowing due to factors such as the fluid nature of the U.S. government's tariff policy and geopolitical risks. However, policy measures in various countries are expected to lead to moderate growth overall. In the automotive industry, the current situation is marked by a slowdown in EVs, the diversification of powertrains, changes driven by corporate reorganization, and labor shortages, along with soaring energy costs and logistics disruptions stemming from the situation in the Middle East, resulting in a business environment where the outlook remains uncertain.

   In our five-year medium-term business plan,

   , which began in FY2024, we have formulated a growth strategy to grow as an indispensable presence even in times of uncertainty and rapid change. Under a basic policy of "Pursuing quality and enhancing presence," we are making steady progress in line with our three themes of 1) Expanding and challenging strategies in core business, 2) Evolving core products toward electrification, and 3) Promoting sustainability management. Through this, we will see changes in the business environment as opportunities and tackle management challenges, aiming to improve corporate value and contribute to solving social issues.
   
   
   
   

   1. Expanding and challenging strategies in core business

      In the Automotive-Related Business, we are advancing initiatives in line with the medium-term strategies of our major clients. As part of our efforts to expand volume, we plan to increase production capacity at our domestic plants and establish a new plant at our U.S. site to support local production in North America. In addition, we view the changes resulting from the reorganization of domestic commercial vehicle manufacturers as a growth opportunity, and we will maintain our market position and expand our business by leveraging our strengths in technology development and proposal capabilities.

      In the Construction Machinery-Related Business, we will aim to expand our business by offering a wide range of cabin lineup that target model changes by customers. Targets include mini/small cabins for hydraulic excavators, wheel loaders, and cabins for agricultural and industrial machinery. With the rising geopolitical risks and U.S. tariff policies as a backdrop, we are taking advantage of changes in manufacturers' procurement strategies to increase orders and maximize value. Our original cabins, which embody the full extent of our development capabilities, have been well received, and we are receiving new inquiries regarding the next model.

      In the proposal of technological development and pursuit of Monozukuri for business expansion, we are also implementing various initiatives based on the themes of "enhancing our dominant presence in fundamental technologies," "renewing press machines, optimizing configuration according to production processes, and reconstructing and renewing production lines" and "innovating toward enhanced DX." As part of our efforts to promote automation, we are exploring the introduction of collaborative robots to achieve both safety and productivity through human-robot collaboration and to address labor shortages. Additionally, at the Utsunomiya Plant, to accommodate the high-mix, low-volume frame part production, we built a new integrated production line that includes everything from material input to roll forming and painting. By combining this with traditional stamping, it allows the selection of optimal production methods based on production volume. Incorporating shot blasting equipment is also part of an effort to boost product marketability. We are also advancing predictive maintenance through the use of DX technologies such as AI and IoT, aiming to achieve innovative improvements in productivity.

   2. Evolving core products toward electrification

      The pace of electrification varies by region, and we will address this with an all-encompassing strategy that includes ICE vehicles. As a company boasting a high market share in our core products, we are capable of manufacturing products for EVs using our existing production facilities, and we will leverage these strengths to adapt to changes in the business environment. In the development of core products for EVs, we continue to develop multifunctional frames considering battery installation and axle development for EVs, and in Thailand, we are further developing EV-exclusive axles that are currently in mass production to enhance their level.

      In unique products for EVs, we are developing battery protection components and shock absorbing parts that are necessary due to changes in vehicle structure. In Europe, where EV adoption has advanced, we have already received orders and started mass production, and are taking new inquiries. Leveraging insights from our achievements and newly developed technologies, we will work to increase orders in Japan in anticipation of future regulatory changes.

   3. Promoting sustainability management

In FY2022, the Group identified materiality to address from a long-term perspective and is promoting sustainability management accordingly. For FY2024, we have organized and clarified our goals for our materiality issues, and have set KPIs to measure achievement against these. To achieve each KPI, we will address the concrete actions related to materiality issues as we aim for the realization of a sustainable society and the enhancement of corporate value.