Press machine tools are often used in important industrial establishments, such as automobiles, aerospace, and aviation; these machine tools must be produced with high precision. Therefore, studies related to improving press tools and enhancing their precision are being conducted. In this study, a press machine tool based on the Stephenson II mechanism is proposed. Compared to that of conventional crank presses, this mechanism increases the slider balance using a ternary link and unique connecting rods. Thus, the slider precision can be improved with a small addition to the mechanism, and load transmission can be ensured in a balanced manner. To test the contribution of the mechanism, dynamic analysis is performed using the kinetostatic method, and the dynamic data of the mechanism are obtained. Subsequently, a press machine prototype is designed and manufactured. The experimental results are verified against the theoretical results, confirming that the proposed press machine tool based on the Stephenson II mechanism has better characteristics than those of the conventional press machine owing to the favorable distribution of forces on the slide and lower reaction to the slide guides.