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Other Disclosures3267Phil Company,Inc.Construction and Materials

Notice Concerning a Minority Investment in WAT Co., Ltd.

フィル・カンパニー made a minority investment in WAT, a cafe operator and spatial design company, and entered into a capital and business alliance agreement. The companies will jointly develop projects for local governments and public facilities and seek to attract WAT cafes to Phil Park (parking facilities).

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Announced details

Phil Park (parking facilities)WAT's community cafe operations and spatial design services
Applicable field (uses covered by this announcement)
Projects for local governments and public facilitiesUtilization of public spacesFormation of local communitiesCafe operationsSpace productionTenant attraction for Phil Park (parking facilities)
Launch dateCAFE ours inside the Setagaya Ward Office is scheduled to open in October 2026. The start dates for other alliance initiatives are Not disclosed.
Contract Date1 October 2026
What the company reported numerically
Usage history

WAT operates 25 cafe locations and 25 stores. Its track record in public-sector and local-government collaboration projects includes Kyoto City KYOCERA Museum of Art, Osaka City Museum of Fine Arts, Akishima City, Ogikubo in Suginami Ward, Hatchobori in Chuo Ward, Umegaoka in Setagaya Ward, Kitashinagawa, and Zama City, among others.

Relationship between the counterparty and the company
Phil Company,Inc.3267
Relationship with the Company

Capital and business alliance. フィル・カンパニー made a minority investment in WAT and will pursue joint development of projects for local governments and public facilities, information sharing, and collaboration in attracting and operating cafes at Phil Park (parking facilities).

Counterparty株式会社WAT

Saito Building 502, 1-23-14 Aobadai, Meguro-ku, Tokyo. Its representative director is Ishiwata Koji (石渡康嗣). Established in September 2013. WAT operates cafes, community-building and shared-office businesses, and provides consulting and spatial design services. It has 25 locations.

Location (as indicated in this announcement)

株式会社WAT headquarters: Saito Building 502, 1-23-14 Aobadai, Meguro-ku, Tokyo, WAT's main operating regions: Greater Tokyo and Kansai

WAT operates 25 locations and 25 stores
Impact on Business Performance

The impact of this investment on results for the current consolidated fiscal year will be minor. If any material impact becomes apparent, it will be disclosed promptly.

The company does not address Contract Value / Offering price.

Announced details
ItemDetails
Names of Products / Services CoveredPhil Park (parking facilities), WAT's community cafe operations and spatial design services
Counterparty株式会社WAT
Counterparty overviewSaito Building 502, 1-23-14 Aobadai, Meguro-ku, Tokyo. Its representative director is Ishiwata Koji (石渡康嗣). Established in September 2013. WAT operates cafes, community-building and shared-office businesses, and provides consulting and spatial design services. It has 25 locations.
Relationship with the CompanyCapital and business alliance. フィル・カンパニー made a minority investment in WAT and will pursue joint development of projects for local governments and public facilities, information sharing, and collaboration in attracting and operating cafes at Phil Park (parking facilities).
Contract Date1 October 2026
Launch dateCAFE ours inside the Setagaya Ward Office is scheduled to open in October 2026. The start dates for other alliance initiatives are Not disclosed.
Applicable areaProjects for local governments and public facilities, Utilization of public spaces, Formation of local communities, Cafe operations, Space production, Tenant attraction for Phil Park (parking facilities)
Location株式会社WAT headquarters: Saito Building 502, 1-23-14 Aobadai, Meguro-ku, Tokyo, WAT's main operating regions: Greater Tokyo and Kansai
Location scaleWAT operates 25 locations and 25 stores
Usage historyWAT operates 25 cafe locations and 25 stores. Its track record in public-sector and local-government collaboration projects includes Kyoto City KYOCERA Museum of Art, Osaka City Museum of Fine Arts, Akishima City, Ogikubo in Suginami Ward, Hatchobori in Chuo Ward, Umegaoka in Setagaya Ward, Kitashinagawa, and Zama City, among others.
Impact on Business PerformanceThe impact of this investment on results for the current consolidated fiscal year will be minor. If any material impact becomes apparent, it will be disclosed promptly.
Items this document does not state (7)
Contract ValueOffering priceAward/certification nameAwarding / certifying bodyRegistration number and expiry dateQuantitative EffectsSource

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.

フィル・カンパニー determined that strengthening business collaboration and sharing information with WAT would enhance corporate value. Specifically, the alliance aims to jointly develop projects for local governments and public facilities and to accelerate the opening of, and increase the asset value of, Phil Park (parking facilities) by attracting cafes to the facilities.

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Notice Concerning a Minority Investment in WAT Co., Ltd. | Phil Company,Inc. (3267) timely disclosure | Komori