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Other Disclosures3267Phil Company,Inc.Construction and Materials

Notice Concerning the Execution of a Fixed-Term Business Land Lease Agreement for the Phil Park Elevated Retail Facility

The company's 100%-owned subsidiary entered into a 35-year business fixed-term land lease agreement to develop and operate the tentatively named フィル・パークつくば (a raised retail-and-parking development) in Tsukuba, Ibaraki Prefecture. The company will pursue a recurring-revenue business by attracting tenants and leasing the space.

Worth reading
70In focus
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Improvement
Direction inferred from the company’s description.
Scale
35
Years (contract term)
Wording
Conditional
How definitive the wording is.

Announced details

空中店舗フィル・パーク (a raised retail-and-parking development) (tentatively named フィル・パークつくば)
Applicable field (uses covered by this announcement)

Operation of tenant buildings and related businesses, and commercial facilities

Launch dateThe contract term begins on 6 August 2027 (whether scheduled or actual: Not disclosed)
Contract Date7 August 2026 (date of disclosure of contract execution; the contract execution date itself is Not disclosed)
Relationship between the counterparty and the company
Phil Company,Inc.3267
Relationship with the Company

100%-owned subsidiary. Contracting party and development entity.

Counterparty株式会社フィル・イノベーション・ラボ (the company's 100%-owned subsidiary, contracting party and development entity)

The company's 100%-owned subsidiary. Other details, including its location, representative, business activities, capital and year established, are Not disclosed.

Location (as indicated in this announcement)

Within Block C1 of Kamikawarazaki, Tsukuba, Ibaraki Prefecture

Leased land area: 994.79 m²
Impact on Business Performance

The project is expected to contribute to earnings from the fiscal year ending November 2027 onward. Its impact on the consolidated results for the current fiscal year is expected to be minor.

The company does not address Contract Value / Offering price.

Announced details
ItemDetails
Names of Products / Services Covered空中店舗フィル・パーク (a raised retail-and-parking development) (tentatively named フィル・パークつくば)
Counterparty株式会社フィル・イノベーション・ラボ (the company's 100%-owned subsidiary, contracting party and development entity)
Counterparty overviewThe company's 100%-owned subsidiary. Other details, including its location, representative, business activities, capital and year established, are Not disclosed.
Relationship with the Company100%-owned subsidiary. Contracting party and development entity.
Contract Date7 August 2026 (date of disclosure of contract execution; the contract execution date itself is Not disclosed)
Launch dateThe contract term begins on 6 August 2027 (whether scheduled or actual: Not disclosed)
Applicable areaOperation of tenant buildings and related businesses, and commercial facilities
LocationWithin Block C1 of Kamikawarazaki, Tsukuba, Ibaraki Prefecture
Location scaleLeased land area: 994.79 m²
Impact on Business PerformanceThe project is expected to contribute to earnings from the fiscal year ending November 2027 onward. Its impact on the consolidated results for the current fiscal year is expected to be minor.
Items this document does not state (8)
Contract ValueOffering priceAward/certification nameAwarding / certifying bodyRegistration number and expiry dateQuantitative EffectsUsage historySource

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.

To expand recurring revenue and build a stable business foundation, create stable revenue opportunities over the medium to long term, and generate activity in the area by attracting tenants in line with local needs.

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.
Notice Concerning the Execution of a Fixed-Term Business Land Lease Agreement for the Phil Park Elevated Retail Facility | Phil Company,Inc. (3267) timely disclosure | Komori