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.
May 13, 2024
PRESS KOGYO CO., LTD.
Notice Concerning New Orders
PRESS KOGYO CO., LTD. (the "Company") hereby announces that the Company has received new orders for axle cases for medium- and light-duty trucks from Hino Motors, Ltd. as part of its efforts for "Expanding and challenging strategies in core business," which comprises the framework of the new medium-term business plan (FY2024 to FY2028). The details are as follows.
As a result of accepting these orders, the Company has realized transactions of axle cases with all domestic commercial vehicle manufacturers.
The Company will continue to promote sales expansion activities, thereby furthering our growth and enhancing our presence.
1. Details of orders
We received orders for axle cases for current medium- and light-duty trucks from Hino Motors, Ltd. As these orders are for existing models, we will sequentially take over the supply over a period from 2024 to 2026.
2. Estimated net sales
Approximately 3 billion yen / year (full volume)
3. Production site
Japan (Saitama Plant)
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PRESS KOGYO CO., LTD. is a Japan-based company primarily engaged in the manufacture of automotive parts and construction machinery. The Company operates in two business segments. The Automobile-related segment is involved in the manufacture and sale of automotive parts, automotive assembly and automobile molds. The Construction Machinery segment is engaged in the manufacture and sale of construction machinery parts. The Company is also engaged in manufacture and sale of building-related parts and multi-story parking equipment. The main products include chassis frame, completed vehicle assembly, side cover, transmission cover, under cover, front bumper, front pillar inner, mold & automation equipment axle, motorcycle garage, cabin for construction machinery, and among others.