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Presentation materials for financial results3267Phil Company,Inc.Construction and Materials

Results Presentation Materials for the Second Quarter of the Fiscal Year Ending November 2026

For the first half of the fiscal year ending November 2026, revenue declined due to lower contract orders and development sales, resulting in a shift to an operating loss and net loss. In response, the full-year revenue and earnings forecasts were revised downward, while the annual dividend forecast was maintained at ¥25. The company also shifted its strategy toward prioritizing profit margins and strengthening recurring revenue.

Worth reading
80Important
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Mixed performance
Direction inferred from the company’s description.
Scale
-1200
¥ million (variance from the initial full-year revenue forecast)
Wording
Conditional
How definitive the wording is.

Contents of this document

Presentation materials for financial resultsSecond quarter (interim period) of the fiscal year ending November 202612 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥3,252 million-17.5%
Operating profit¥-120 million
Ordinary income¥-139 million
Net income¥-19 million
Selling, general and administrative expenses¥858 million
Gross Profit Margin
Rate22.7%
Year on year against the same period last yearDown 1.2 percentage points year on year
Operating profit margin
RateNot calculated or shown because of the operating loss
Results for the three months of the current quarter
Net Sales
¥1,209 million
Gross profit
¥285 million
Operating profit
¥-145 million
Ordinary income
¥-164 million
Profit attributable to owners of parent for the quarter
¥-30 million
Full-year earnings forecast
Net Sales
¥8,800 million
Operating profit
¥380 million
Ordinary income
¥355 million
Net income for the current fiscal year
¥270 million
Operating profit margin
4.3 %
Dividend per share
¥25
What the company explained in this material
Self-assessment against the planThe company's self-assessment against its own plan.
The contract order forecast was revised. Land acquisitions for development sales are progressing as planned.
Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
Net Sales
Contract ordersContract orders in the second half of the previous fiscal year were below the year-earlier level
Development salesThe timing of sales and deliveries was reviewed to maximize profit for each project
Total
¥-691 million
Gross Profit Margin
A large, highly profitable project was delivered in the previous year-1.2 Points
Operating profit
Lower gross profit and higher personnel expenses associated with strengthening the staffing structure¥-319 million
Full-year revenue forecast
Contract orders received through the previous fiscal year
¥200 million
Contract orders received in the current fiscal year
¥-900 million
Development sales
¥-500 million
Other
0 Hundreds of millions of yen
Total
¥-1,200 million
Full-year operating profit forecast
Cost of sales
¥-70 million
Selling, general and administrative expenses
¥-50 million
Total
¥-420 million
Assumptions Underlying the Business OutlookThe assumptions used by the company in preparing its forecast.
Rising interest rates, persistently high construction materials and labor costs, higher material costs due to geopolitical risks, and selective focus on regions where rents are expected to rise. Numerical assumptions: not disclosed
New initiatives
  • Shift the existing business from prioritizing scale expansion to prioritizing profit margins
  • Expand the PM/BM management business and master leasing
  • Develop leasehold schemes for local governments and major corporations
  • Expand the applications of premium garage houses
  • Provide trailer houses in collaboration with YADOKARI
  • Invest in Merci and collaborate on tenant self-operation and tenant attraction
Key KPIsA metric the company considers important as a management benchmark.
  • Number of contract orders14 Engagements
  • Contract order value¥1,519 million
  • Order backlog¥5,059 million
  • Number of development land acquisition contracts3 Engagements
  • Number of sales deliveries0 Engagements
  • Number of remaining development projects15 Engagements
  • Development project backlog¥7,790 million
  • Inquiries via financial institutions
    Year on year against the same period last year+120.0%
  • Proposals via financial institutions
    Year on year against the same period last year+164.0%
Segment results
Contract orders
Net Sales
¥2,357 million
Year-on-year (%)-9.9
Development sales
Net Sales
¥584 million
Year-on-year (%)-43.6
Other
Net Sales
¥310 million
Year-on-year (%)6.9
Financial targets
Equity ratio
Actual results36.4 %
Market Size / Share
TAM
¥22.4 trillion
PP SAM
¥2.5 trillion
PGH SAM
¥2.3 trillion
Orders received and order backlog
Orders received
¥1,519 million
Order backlog
¥5,059 million
Number of employees
Number of Employees123 People
Reference dateEnd of May 2026
Annual Dividend
Annual dividend per share¥25
Payout ratio
Rate50 %
DetailsUpper limit
Contents of this document
ItemDetails
Document typePresentation materials for financial results
Fiscal Period CoveredSecond quarter (interim period) of the fiscal year ending November 2026
Net Sales¥3,252 million (YoY -17.5%)
Operating profit¥-120 million
Ordinary income¥-139 million
Net income¥-19 million
Gross Profit MarginRate 22.7% / Year on year against the same period last year Down 1.2 percentage points year on year
Operating profit marginRate Not calculated or shown because of the operating loss / Year on year against the same period last year Not disclosed
Selling, general and administrative expenses¥858 million
Results for the three months of the current quarterNet Sales ¥1,209 million / Gross profit ¥285 million / Operating profit ¥-145 million / Ordinary income ¥-164 million / Profit attributable to owners of parent for the quarter ¥-30 million
Full-year earnings forecastNet Sales ¥8,800 million / Operating profit ¥380 million / Ordinary income ¥355 million / Net income for the current fiscal year ¥270 million / Operating profit margin 4.3 % / Dividend per share ¥25
Self-assessment against the planThe contract order forecast was revised. Land acquisitions for development sales are progressing as planned.
Segment resultsContract orders Net Sales ¥2,357 million / Year-on-year (%) -9.9 / Profit Not disclosed / Development sales Net Sales ¥584 million / Year-on-year (%) -43.6 / Profit Not disclosed / Other Net Sales ¥310 million / Year-on-year (%) 6.9 / Profit Not disclosed
Breakdown of Factors Affecting the ChangeNet Sales Contract orders Contract orders in the second half of the previous fiscal year were below the year-earlier level / Development sales The timing of sales and deliveries was reviewed to maximize profit for each project / Total ¥-691 million / Gross Profit Margin A large, highly profitable project was delivered in the previous year -1.2 Points / Operating profit Lower gross profit and higher personnel expenses associated with strengthening the staffing structure ¥-319 million / Full-year revenue forecast Contract orders received through the previous fiscal year ¥200 million / Contract orders received in the current fiscal year ¥-900 million / Development sales ¥-500 million / Other 0 Hundreds of millions of yen / Total ¥-1,200 million / Full-year operating profit forecast Cost of sales ¥-70 million / Selling, general and administrative expenses ¥-50 million / Total ¥-420 million
Key KPIsIndicator name Number of contract orders / Value 14 Engagements / Year on year against the same period last year Not disclosed, Indicator name Contract order value / Value ¥1,519 million / Year on year against the same period last year Not disclosed, Indicator name Order backlog / Value ¥5,059 million / Year on year against the same period last year Not disclosed, Indicator name Number of development land acquisition contracts / Value 3 Engagements / Year on year against the same period last year Not disclosed, Indicator name Number of sales deliveries / Value 0 Engagements / Year on year against the same period last year Not disclosed, Indicator name Number of remaining development projects / Value 15 Engagements / Year on year against the same period last year Not disclosed, Indicator name Development project backlog / Value ¥7,790 million / Year on year against the same period last year Not disclosed, Indicator name Inquiries via financial institutions / Value Not disclosed / Year on year against the same period last year 120 120% year on year, Indicator name Proposals via financial institutions / Value Not disclosed / Year on year against the same period last year 164 164% year on year
Number of employeesNumber of Employees 123 People / Reference date End of May 2026 / Changes during the period and hiring plan Not disclosed
Assumptions Underlying the Business OutlookRising interest rates, persistently high construction materials and labor costs, higher material costs due to geopolitical risks, and selective focus on regions where rents are expected to rise. Numerical assumptions: not disclosed
Financial targetsEquity ratio Actual results 36.4 % / Target Not disclosed
Annual DividendAnnual dividend per share ¥25 / Interim and Year-End Breakdown Not disclosed
Payout ratioRate 50 % / Details Upper limit
Orders received and order backlogOrders received ¥1,519 million / Order backlog ¥5,059 million
Market Size / ShareTAM ¥22.4 trillion / PP SAM ¥2.5 trillion / PGH SAM ¥2.3 trillion / Share Not disclosed
New initiativesShift the existing business from prioritizing scale expansion to prioritizing profit margins, Expand the PM/BM management business and master leasing, Develop leasehold schemes for local governments and major corporations, Expand the applications of premium garage houses, Provide trailer houses in collaboration with YADOKARI, Invest in Merci and collaborate on tenant self-operation and tenant attraction
Items this document does not state (8)
Progress against full-year forecastUnit price and quantity metricsNumber of stores and locationsRisk amount incorporated into the outlookMedium-term management plan targetsAcquisition of treasury sharesCapital expendituresKey points of the Q&A

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.

For contract orders, landowners took a more cautious investment stance against a backdrop of rising interest rates and the situation in the Middle East. This led to a lower conversion rate due to declining expected yields, as well as some delays in the delivery of construction materials. For development sales, the timing of sales and deliveries was reviewed to maximize profit for each project. The company also expects construction materials and labor costs to remain elevated, higher material costs due to geopolitical risks, increased personnel expenses associated with strengthening its staffing structure, and temporary strategic expenses in the second half.

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.
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Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Results Presentation Materials for the Second Quarter of the Fiscal Year Ending November 2026 | Phil Company,Inc. (3267) timely disclosure | Komori