With the recent strengthening of environmental regulations and the need for cost reduction, excavators, a type of construction equipment, are being miniaturized while components are being developed in consideration of stability. In the case of excavator press parts, mainly high-strength steel sheets are being used to enhance stability and reduce weight. However, in the case of high-strength materials, there is a need to research product forming methods to reduce Springback in defects arising in parts assembly due to Springback that result from the internal residual stress that occurs in press forming being released after product forming. Accordingly, regarding the tank cover, an excavator press-forming part, this study selected a method to reduce distortion through analysis of the Springback occurrence rate and Springback causes through a forming analysis. A forming analysis was conducted for the Springback of the tank cover. Deformations of 13.714 mm in the upper part and 6.244 mm in the inner part of the product occurred, while wrinkles occurred on the sides of the product due to uneven thickness. A forming analysis was conducted for the major shapes of the product to investigate the causes of Springback. Distortion deformation due to the bead in the center of the product was confirmed to be a large factor. A Springback reduction method of correcting uneven thickness in the product sides, a Springback reduction method of removing the bead, and a correction method of restriking after the final forming were used in a forming analysis to determine the degree of Springback reduction. For the forming method to correct uneven thickness in the sides, deformation was reduced by 12% in the upper side compared to the existing model, but deformation in the inner side increased by 1%. For the restriking forming method, deformation decreased by 25% in the upper side and 13% in the inner side. For the bead removal method, deformation decreased by 28% in the upper side and 13% in the inner side, the largest Springback correction results. This indicates that the bead has a large affect on Springback.