<?xml version="1.0"?>
<ownershipDocument>
    <schemaVersion>X0201</schemaVersion>

    <documentType>4</documentType>
    <periodOfReport>2003-09-10</periodOfReport>
    <notSubjectToSection16>0</notSubjectToSection16>
    <issuer>
        <issuerCik>0000037472</issuerCik>
        <issuerName>FLEXSTEEL INDUSTRIES INC</issuerName>
        <issuerTradingSymbol>FLXS</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001166011</rptOwnerCik>
            <rptOwnerName>KLOSTERMAN RONALD J</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1></rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity></rptOwnerCity>
            <rptOwnerState></rptOwnerState>
            <rptOwnerZipCode></rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
            <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>1</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>0</isOther>
            <officerTitle>V P Finance and C.F.O.</officerTitle>
        </reportingOwnerRelationship>
    </reportingOwner>
  <nonDerivativeTable>
   <nonDerivativeTransaction>
      <securityTitle>
          <value>Common Stock</value>
      </securityTitle>
      <transactionDate>
          <value>2003-09-09</value>
      </transactionDate>
      <transactionCoding>
          <transactionFormType>4</transactionFormType>
          <transactionCode>J</transactionCode>
          <equitySwapInvolved>0</equitySwapInvolved>
              <footnoteId id="F1" />
      </transactionCoding>
      <transactionTimeliness>
      <value />
      </transactionTimeliness>
      <transactionAmounts>
          <transactionShares>
              <value>1797</value>
          </transactionShares>
          <transactionPricePerShare>
              <value>16.45</value>
          </transactionPricePerShare>
          <transactionAcquiredDisposedCode>
              <value>A</value>
          </transactionAcquiredDisposedCode>
      </transactionAmounts>
      <postTransactionAmounts>
          <sharesOwnedFollowingTransaction>
              <value>62227</value>
          </sharesOwnedFollowingTransaction>
      </postTransactionAmounts>
      <ownershipNature>
          <directOrIndirectOwnership>
              <value>D</value>
          </directOrIndirectOwnership>
      </ownershipNature>
   </nonDerivativeTransaction>
   <nonDerivativeTransaction>
      <securityTitle>
          <value>Common Stock</value>
      </securityTitle>
      <transactionDate>
          <value>2003-09-10</value>
      </transactionDate>
      <transactionCoding>
          <transactionFormType>4</transactionFormType>
          <transactionCode>J</transactionCode>
          <equitySwapInvolved>0</equitySwapInvolved>
              <footnoteId id="F2" />
      </transactionCoding>
      <transactionTimeliness>
      <value />
      </transactionTimeliness>
      <transactionAmounts>
          <transactionShares>
              <value>181</value>
          </transactionShares>
          <transactionPricePerShare>
              <value>0</value>
              <footnoteId id="F2" />
          </transactionPricePerShare>
          <transactionAcquiredDisposedCode>
              <value>A</value>
          </transactionAcquiredDisposedCode>
      </transactionAmounts>
      <postTransactionAmounts>
          <sharesOwnedFollowingTransaction>
              <value>3571</value>
          </sharesOwnedFollowingTransaction>
      </postTransactionAmounts>
      <ownershipNature>
          <directOrIndirectOwnership>
              <value>I</value>
          </directOrIndirectOwnership>
          <natureOfOwnership>
              <value>401K Plan</value>
          </natureOfOwnership>
      </ownershipNature>
   </nonDerivativeTransaction>
  </nonDerivativeTable>
  <derivativeTable>
    <derivativeHolding>
      <securityTitle>
          <value>Option 12/09/1999</value>
      </securityTitle>
      <conversionOrExercisePrice>
          <value>13</value>
      </conversionOrExercisePrice>
      <exerciseDate>
              <footnoteId id="F3" />
      </exerciseDate>
      <expirationDate>
          <value>2009-12-09</value>
      </expirationDate>
      <underlyingSecurity>
          <underlyingSecurityTitle>
              <value>Common Stock</value>
          </underlyingSecurityTitle>
          <underlyingSecurityShares>
              <footnoteId id="F3" />
          </underlyingSecurityShares>
      </underlyingSecurity>
      <postTransactionAmounts>
          <sharesOwnedFollowingTransaction>
              <value>9000</value>
          </sharesOwnedFollowingTransaction>
      </postTransactionAmounts>
      <ownershipNature>
          <directOrIndirectOwnership>
              <value>D</value>
          </directOrIndirectOwnership>
      </ownershipNature>
   </derivativeHolding>
    <derivativeHolding>
      <securityTitle>
          <value>Option 11/14/2000</value>
      </securityTitle>
      <conversionOrExercisePrice>
          <value>11</value>
      </conversionOrExercisePrice>
      <exerciseDate>
              <footnoteId id="F3" />
      </exerciseDate>
      <expirationDate>
          <value>2010-11-14</value>
      </expirationDate>
      <underlyingSecurity>
          <underlyingSecurityTitle>
              <value>Common Stock</value>
          </underlyingSecurityTitle>
          <underlyingSecurityShares>
              <footnoteId id="F3" />
          </underlyingSecurityShares>
      </underlyingSecurity>
      <postTransactionAmounts>
          <sharesOwnedFollowingTransaction>
              <value>4200</value>
          </sharesOwnedFollowingTransaction>
      </postTransactionAmounts>
      <ownershipNature>
          <directOrIndirectOwnership>
              <value>D</value>
          </directOrIndirectOwnership>
      </ownershipNature>
   </derivativeHolding>
    <derivativeHolding>
      <securityTitle>
          <value>Option 11/02/2001</value>
      </securityTitle>
      <conversionOrExercisePrice>
          <value>10</value>
      </conversionOrExercisePrice>
      <exerciseDate>
              <footnoteId id="F3" />
      </exerciseDate>
      <expirationDate>
          <value>2011-11-02</value>
      </expirationDate>
      <underlyingSecurity>
          <underlyingSecurityTitle>
              <value>Common Stock</value>
          </underlyingSecurityTitle>
          <underlyingSecurityShares>
              <footnoteId id="F3" />
          </underlyingSecurityShares>
      </underlyingSecurity>
      <postTransactionAmounts>
          <sharesOwnedFollowingTransaction>
              <value>1050</value>
          </sharesOwnedFollowingTransaction>
      </postTransactionAmounts>
      <ownershipNature>
          <directOrIndirectOwnership>
              <value>D</value>
          </directOrIndirectOwnership>
      </ownershipNature>
   </derivativeHolding>
    <derivativeHolding>
      <securityTitle>
          <value>Option 12/09/2002</value>
      </securityTitle>
      <conversionOrExercisePrice>
          <value>16</value>
      </conversionOrExercisePrice>
      <exerciseDate>
              <footnoteId id="F3" />
      </exerciseDate>
      <expirationDate>
          <value>2012-12-09</value>
      </expirationDate>
      <underlyingSecurity>
          <underlyingSecurityTitle>
              <value>Common Stock</value>
          </underlyingSecurityTitle>
          <underlyingSecurityShares>
              <footnoteId id="F3" />
          </underlyingSecurityShares>
      </underlyingSecurity>
      <postTransactionAmounts>
          <sharesOwnedFollowingTransaction>
              <value>10750</value>
          </sharesOwnedFollowingTransaction>
      </postTransactionAmounts>
      <ownershipNature>
          <directOrIndirectOwnership>
              <value>D</value>
          </directOrIndirectOwnership>
      </ownershipNature>
   </derivativeHolding>
  </derivativeTable>
<footnotes>
   <footnote id="F1">Shares received through management Incentive Plan Award</footnote>
   <footnote id="F2">Shares beneficially owned as of statement date through participation in the Company's 401k plan</footnote>
   <footnote id="F3">No activity for this option</footnote>
</footnotes>
    <ownerSignature>
       <signatureName>Ronald J Klosterman</signatureName>
       <signatureDate>2003-09-10</signatureDate>
    </ownerSignature>
</ownershipDocument>

