Acquisition of a development site for real estate held for sale (Aerial Retail Phil Park)
Phil Company,Inc. (filing company)
Land in Setagaya-ku, Tokyo (Aerial Retail Phil Park), with a site area of 249.91 m² according to the registry. Within walking distance of Shimokitazawa Station on the Odakyu Odawara Line and Keio Inokashira Line.
Because the Shimokitazawa area offers excellent transportation access and is attractive as both a commercial and residential area, while developments such as the Shimokita Senrogai project have improved pedestrian circulation and urban functions.
The impact on results for the current consolidated fiscal year is immaterial (no specific amount disclosed).
The impact on revenue is expected from the fiscal year ending November 2027 onward.
The impact on results for the current consolidated fiscal year is immaterial
Handover and settlement are scheduled for 23 October 2026. The company will construct a high-value-added commercial space that blends with the local streetscape, provide new experiential value for visitors and local residents, and seek to enhance activity in the area and maximize business revenue over the medium to long term. The impact on revenue is expected from the fiscal year ending November 2027 onward.
If any matters requiring disclosure arise in the future, the company will disclose them promptly.
| Item | Details |
|---|---|
| Event name | Acquisition of a development site for real estate held for sale (Aerial Retail Phil Park) |
| Date of occurrence | 18 September 2026 (the date on which the purchase was decided and the purchase and sale agreement was signed) |
| Subject Entity | Phil Company,Inc. (filing company) |
| Target Locations / Products | Land in Setagaya-ku, Tokyo (Aerial Retail Phil Park), with a site area of 249.91 m² according to the registry. Within walking distance of Shimokitazawa Station on the Odakyu Odawara Line and Keio Inokashira Line. |
| Cause | Because the Shimokitazawa area offers excellent transportation access and is attractive as both a commercial and residential area, while developments such as the Shimokita Senrogai project have improved pedestrian circulation and urban functions. |
| Amount of Impact on Business Performance | The impact on results for the current consolidated fiscal year is immaterial (no specific amount disclosed). |
| Accounting period in which recognized | The impact on revenue is expected from the fiscal year ending November 2027 onward. |
| Impact on Earnings Forecast | The impact on results for the current consolidated fiscal year is immaterial |
| Outlook | Handover and settlement are scheduled for 23 October 2026. The company will construct a high-value-added commercial space that blends with the local streetscape, provide new experiential value for visitors and local residents, and seek to enhance activity in the area and maximize business revenue over the medium to long term. The impact on revenue is expected from the fiscal year ending November 2027 onward. |
| Planned follow-up disclosure | If any matters requiring disclosure arise in the future, the company will disclose them promptly. |
Items this document does not state (15)
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 Shimokitazawa area offers excellent transportation access and is attractive as both a commercial and residential area. Developments such as the Shimokita Senrogai project have improved pedestrian circulation and urban functions, and the company aims to construct a high-value-added commercial space and maximize business revenue over the medium to long term.