Komori
Earnings3267Phil Company,Inc.Construction and Materials

Consolidated Financial Results for the Second Quarter (Interim Period) of the Fiscal Year Ending November 2026 (Japanese GAAP)

Interim-period revenue declined 17.5% year on year, and the Company swung to operating, ordinary and net losses. The Company revised its full-year earnings forecast and presented new forecasts including revenue of ¥8,800 million and operating profit of ¥380 million.

Worth reading
67In focus
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Deterioration
Direction inferred from the company’s description.
Scale
-17.5
Year-on-year revenue growth (%)
Wording
Conditional
How definitive the wording is.

Results for this period

Interim period (second quarter)1 December 2025–31 May 2026ConsolidatedJapanese GAAP
Net Sales3,252¥ millionYear on year -17.5%Progress 37.0%
Operating profit-120¥ million
Ordinary income-139¥ million
Net income attributable to owners of the parent-19¥ million

The width of the band at each stage is based on revenue. The narrower it becomes toward the bottom, the smaller the proportion of revenue that remains as profit. The dotted outline is the full-year forecast and the band inside it is the result for this period. The progress rate is the result divided by the forecast.

Net income per share-¥3.64
Financial position at period-end
Total assets9,101¥ million
of which net assets 3,315 ¥ millionEquity ratio 35.9%vs. prior year-end +2.6pt

塗りつぶした部分が自己資本比率です。総資産のうち、返済のいらない自前の資金がどれだけかを表します。The thin vertical line indicates the level at the end of the previous fiscal year.

Cash inflows and outflows
Operating-2,682,495
Investment-52,776
Financials+630,584
Net change-2,104,687

Stacked from zero: upward is an increase in cash, downward a decrease (in ¥ thousand).The net change represented by the dotted line is the total of three items, calculated from figures provided by the company.

Cash and cash equivalents at end of period¥2,829,969 thousand
Outlook and shareholder returns
Full-year earnings forecast
Net Sales¥8,800 million (YoY +6.9%)
Operating profit¥380 million (YoY -35.5%)
Ordinary income¥355 million (YoY -37.7%)
Net income¥270 million (YoY -32.2%)
Revision to Earnings ForecastNot disclosed → Net Sales 8,800 / Operating profit 380 / Ordinary income 355 / Net income 270
Annual Dividend Forecast¥20 → ¥25(+25.0%)
Factors Behind Changes in Business Performance

A decline in new contract orders due to customers taking a more cautious approach to investment amid rising interest rates, revisions to the sale and handover schedules for development-for-sale projects due to more sophisticated sales methods, higher construction costs resulting from rising building prices, and higher personnel expenses associated with strengthening the staffing structure.

Disclosure regarding the going concern assumption

Not applicable.

Change in accounting policy
基準改正に伴う変更 Noそれ以外の変更 No見積りの変更 No修正再表示 No
Changes in the scope of consolidationNew 0 companies (company name: —) / Excluded 0 companies (company name: —)
Breakdown of extraordinary income (loss)Extraordinary income Item Gain on sale of non-current assets / Amount ¥84,260 thousand, Item Compensation received / Amount ¥150,000 thousand, Item Other / Amount ¥23,594 thousand / Extraordinary loss Item Loss on termination of share-based benefit trust / Amount ¥97,248 thousand
Depreciation and amortization¥16,342 thousand
Orders received and order backlogOrders received ¥1,815,753 thousand / Order backlog ¥5,059,744 thousand
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingYes (for securities analysts and institutional investors)
Issued Shares at Period-End5,744,900
Treasury Shares at Period-End372,724
Results for this period
ItemDetails
Fiscal Period ClassificationInterim period (second quarter)
Accounting standardsJapanese GAAP
Consolidated / non-consolidatedConsolidated
Period Covered1 December 2025–31 May 2026
Net Sales¥3,252 million (YoY -17.5%)
Operating profit¥-120 million
Ordinary income¥-139 million
Profit attributable to owners of the parent¥-19 million
Net income per share-¥3.64
Equity ratioEnd of the current fiscal period 35.9 / End of previous period 33.3
Total assets¥9,101 million
Net assets¥3,315 million
Cash flows from operating activities¥-2,682,495 thousand
Cash flows from investing activities¥-52,776 thousand
Cash flows from financing activities¥630,584 thousand
Cash and cash equivalents at end of period¥2,829,969 thousand
Full-year earnings forecastNet Sales ¥8,800 million (YoY +6.9%) / Operating profit ¥380 million (YoY -35.5%) / Ordinary income ¥355 million (YoY -37.7%) / Net income ¥270 million (YoY -32.2%)
Revision to Earnings ForecastNot disclosed → Net Sales 8,800 / Operating profit 380 / Ordinary income 355 / Net income 270
Annual Dividend Forecast¥20 → ¥25(+25.0%)
Orders received and order backlogOrders received ¥1,815,753 thousand / Order backlog ¥5,059,744 thousand
Depreciation and amortization¥16,342 thousand
Breakdown of extraordinary income (loss)Extraordinary income Item Gain on sale of non-current assets / Amount ¥84,260 thousand, Item Compensation received / Amount ¥150,000 thousand, Item Other / Amount ¥23,594 thousand / Extraordinary loss Item Loss on termination of share-based benefit trust / Amount ¥97,248 thousand
Disclosure regarding the going concern assumptionNot applicable.
Change in accounting policyChanges due to revisions to standards No / Other changes No / Change in accounting estimate No / Restatement No
Changes in the scope of consolidationNew 0 companies (company name: —) / Excluded 0 companies (company name: —)
Availability of Supplementary Financial Results MaterialsYes
Availability of Financial Results BriefingYes (for securities analysts and institutional investors)
Issued Shares at Period-End5,744,900
Treasury Shares at Period-End372,724
Factors Behind Changes in Business PerformanceA decline in new contract orders due to customers taking a more cautious approach to investment amid rising interest rates, revisions to the sale and handover schedules for development-for-sale projects due to more sophisticated sales methods, higher construction costs resulting from rising building prices, and higher personnel expenses associated with strengthening the staffing structure.
Items this document does not state (8)
Operating MarginPayout ratioShareholder Return PolicySegment revenueSegment profitRegional salesImpairment lossMaterial subsequent events

These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.

The reasons the company gives

The company's own explanation, not something inferred from the numbers.

The Company cited a decline in the number of new contract orders from the previous year as customers took a more cautious approach to investment amid rising interest rates, revisions to the sale and handover schedules for development-for-sale projects due to more sophisticated sales methods, higher construction costs resulting from rising building prices, and higher personnel expenses associated with strengthening its staffing structure. The reason for revising the full-year forecast was a review based on recent business performance trends.

How to read this page

This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Consolidated Financial Results for the Second Quarter (Interim Period) of the Fiscal Year Ending November 2026 (Japanese GAAP) | Phil Company,Inc. (3267) timely disclosure | Komori