Phil Company

Basic Information

Stock Code
3267
Industry
Construction
Category Detail
Real Estate & Housing
Prefecture
Tokyo
Establishment Year
June 2005
Listing Year
November 2016
Official Website
https://philcompany.jp/
TSE Information
TSE Information
Yahoo! Finance
Yahoo! Finance
Other Companies
Structure Planning Institute Holdings, E&J Holdings, Opro, NJS, Oriental Consultants Holdings, Nihon Suiko Consultants, Watts, Kukurebu Advisors, IVC, Solvvy, Koken Co., Ltd., Oyo Corporation, I-DEA

Overview

Phil Company is a construction company founded in 2005 and based in Tokyo, developing aerial stores and garage-equipped rental housing, leading urban real estate development with its unique space solution business.

Current Situation

Phil Company recorded consolidated sales of approximately 6 billion yen in the fiscal year ended November 2023, steadily expanding its business centered on aerial stores 'Phil Park'. Focusing on the space solution business of developing aerial stores and rental housing mainly in Tokyo, it differentiates itself from competitors. In 2023, backed by capital of about 790 million yen, it concluded business matching contracts with multiple banks and credit unions, strengthening fundraising and business partnerships. It holds construction business licenses and first-class architect office registration, possessing high expertise in real estate development and design capabilities. Since 2022, it has shifted to the Tokyo Stock Exchange Standard Market segment, working to improve liquidity and enhance external creditworthiness. In terms of sustainability, it promotes environmentally considerate development models such as garage-equipped housing using existing structures, responding to growing urban housing demand. Through recent capital and business alliances and the adoption of crowdfunding models, it is actively introducing new fundraising methods. Moving forward, it aims for sustainable growth, positioning technological innovations in space utilization and real estate market expansion as key drivers.

Trivia

Interesting Facts

  • Pioneer example in Japan realizing aerial stores uniquely utilizing upper space over parking lots.
  • Achieved full subscription in 99 seconds via crowdfunding fundraising.
  • Jointly developed childcare-equipped aerial stores with Tokyu Corporation, creating new space value.
  • Unique financial collaborations advancing business matching contracts with multiple regional credit unions and local banks.
  • Established subsidiary-based construction system, enabling seamless handling from design to construction.
  • Created new market fusing garage convenience with urban living via Premium Garage House.
  • Tsukiji head office building operated as model case of its own developed aerial store brand.
  • Focuses on design and operation of environmentally considerate aerial spaces, aiming for sustainable urban development.
  • Growth company that achieved listing on Tokyo Stock Exchange Standard Market in about 15 years since founding in 2005.
  • Numerous business matching contracts, building strong regional networks centered on Tokyo's 23 wards.
  • Expanding business scope to digital field through capital and business alliances with Kayac and ONGAESHI.
  • Actively developing new space utilization technologies, focusing on ecosystem building in the industry.
  • Phil Park brand highly recognized as symbol of urban space regeneration.
  • Established Trophy joint venture, challenging new real estate service provision models.
  • Possesses proprietary design know-how through first-class architect office registration.

Hidden Connections

  • Built regionally rooted financial network through business matching contracts with many local banks and credit unions.
  • Realizing new forms of fundraising through collaborations with multiple crowdfunding operators.
  • Promoting new town-building by effectively utilizing aerial spaces along railway lines through alliance with Tokyu Corporation.
  • Creating fusion market of luxury car life and urban living through Premium Garage House business.
  • Expanding business to digital content production field through capital and business alliance with Kayac.
  • Contributing to sustainable growth of local communities through environmentally considerate space development.
  • Promoting regional revitalization model through fund formation invested by multiple credit unions.
  • Unique sales style operating its own head office in self-developed aerial store.

Future Outlook

Growth Drivers

  • Growing demand for effective land utilization in urban areas
  • Diversified demand for upper parking space utilization and rental housing
  • Establishment of new fundraising models and strengthened financial collaborations
  • Advances in environmentally considerate building materials and energy-saving design technologies
  • Strengthened regionally rooted business through regional credit union collaborations
  • Expansion into new mobility areas such as shared cycling
  • Investor expansion through crowdfunding utilization
  • Improved social acceptance of new service models like aerial daycares
  • Promotion of smart spaces via digital technology utilization
  • Enhanced design services accommodating diverse customer needs
  • Asset value improvement accompanying real estate market recovery
  • Related business opportunities from government urban regeneration policies

Strategic Goals

  • Market share expansion through nationwide rollout of aerial store business
  • Doubling revenue in Premium Garage House business
  • Establishment of crowdfunding-utilizing fundraising model
  • Strengthening sustainability through development and dissemination of environmentally considerate architecture
  • Diversification of fundraising through strengthened collaborations with diverse financial institutions
  • Launch and stable revenue generation of new urban mobility business
  • Creation of smart spaces utilizing digital collaboration technologies
  • Expansion of CSR activities through local community collaborations
  • Expansion of aerial daycare model and socialization as social infrastructure
  • Competitive strengthening through employee specialized capability enhancement

Business Segments

Aerial Store Development and Operation

Overview
Development and operation of new commercial facilities utilizing upper space over parking lots.
Competitiveness
Unique urban space utilization technology and diverse financial institution collaborations
Customers
  • Store owners
  • Urban development operators
  • Banks and financial institutions
  • Tenant companies
  • Real estate investors
Products
  • Aerial commercial facility planning
  • Operation support
  • Tenant recruitment
  • Fundraising support
  • Office space proposals

Rental Housing Development and Management

Overview
Integrated service provision of planning and management for garage-equipped rental housing.
Competitiveness
Market deployment capability for differentiated garage-equipped housing
Customers
  • Real estate owners
  • Developers
  • Users
  • Management companies
  • Landowners
Products
  • Garage-equipped housing design
  • Rental property management
  • Tenant attraction
  • Renovation proposals
  • Asset utilization support

Construction and Real Estate Consulting

Overview
Specialized services related to architectural design and real estate consulting.
Competitiveness
Advanced technical capabilities and specialized design expertise
Customers
  • Construction companies
  • Real estate developers
  • Government agencies
  • Financial institutions
  • Architect offices
Products
  • Urban space consulting
  • Structural surveys and design
  • Architect services
  • Architectural planning consulting
  • Environmental surveys

Fundraising and Fund Operation Support

Overview
Provides fundraising and investment fund support services for space utilization.
Competitiveness
New fundraising methods and financial institution networks
Customers
  • Investors
  • Financial institutions
  • Real estate investment corporations
  • Crowdfunding users
  • Third-party allotment participants
Products
  • Fund property development support
  • Crowdfunding model provision
  • Capital and business alliance support
  • Fund planning
  • Investor reports

Space Solution Technology Development

Overview
Deploys technology development and proof-of-concept projects related to space utilization.
Competitiveness
Pioneering space solutions with numerous track records
Customers
  • Architectural design offices
  • Real estate developers
  • Technical research institutions
  • Local governments
  • Commercial facility operators
Products
  • Space utilization technology development
  • Environmentally efficient design
  • Model case verification
  • Aerial daycare planning
  • Smart space proposals

Shared Cycling and Mobility Business

Overview
Operates shared cycling as a new urban transportation method.
Competitiveness
New services integrated with aerial stores
Customers
  • Local governments
  • Corporations
  • Real estate management companies
  • Urban residents
  • Transportation operators
Products
  • Shared cycle facility installation
  • Operation and management services
  • Urban transportation support solutions
  • Environmental load reduction proposals
  • Convenience improvement plans

Competitive Advantage

Strengths

  • Unique technology specialized in space utilization
  • Advanced construction design expertise
  • Strong ties with diverse financial institutions
  • Proprietary brands and aerial store model
  • Abundant urban development consulting track record
  • Flexible use of crowdfunding
  • Integrated construction system via subsidiaries
  • Multi-location premium rental housing rollout
  • Latest urban space innovations
  • High regional community collaboration
  • Continuous response to market needs
  • Track record in office development with childcare
  • Shared cycling facility operation technology
  • Flexible management adapting to market restructuring
  • Solid business operations compliant with laws and regulations

Competitive Advantages

  • Market dominance as nationwide pioneer in upper parking space utilization
  • Smooth fundraising through business matching contracts with numerous financial institutions
  • Achieves diversification in aerial stores and rental housing via proprietary brands
  • High-quality design capabilities backed by construction licenses and first-class architect office registration
  • Crowdfunding-based fundraising model as key to business expansion
  • Seamless services from construction to operation possible via subsidiaries
  • Advanced in new space solutions such as aerial daycare models
  • Deployment of multifaceted urban solutions including shared cycling
  • Flexible market adaptability through shift from Prime to Standard Market
  • Promoting regionally rooted expansion through alliances with regional credit unions and banks
  • Maintaining competitive edge amid garage-equipped rental housing market growth
  • Solid customer base via consistent brand strategy and marketing
  • Enhancing social evaluation through environmentally considerate space development
  • Flexible service design accommodating diverse customer needs
  • Reliable business operations supported by abundant track record and technical strength

Threats

  • Risk of business constraints from changes in urban development regulations or building laws
  • Potential decline in profitability due to real estate market fluctuations
  • Impact from changes in fundraising environment or monetary policy
  • Intensified competition from competitors entering similar space solutions
  • Decrease in construction and tenant demand due to natural disasters or pandemics
  • Risk of changes in alliance partners such as regional credit unions and local banks
  • Possibility of failing to respond to rapid changes in urban housing needs
  • Credit risk from crowdfunding users
  • Risk of cost increases due to strengthened environmental regulations
  • Construction delays due to labor shortages
  • Risk of competitiveness decline from stagnation in technological innovation
  • Growth slowdown due to market maturation

Innovations

2023: Development of Crowdfunding-Applied Properties

Overview
Introduced crowdfunding-based aerial store investment model to diversify fundraising.
Impact
Achieved target amount in 99 seconds upon launch, improving fundraising efficiency

2023: Development of Aerial Daycare Model

Overview
Developed daycare model with childcare function inside aerial stores in collaboration with Tokyu Corporation, strengthening childcare support.
Impact
Gaining attention as new urban lifestyle support service

2022: Premium Garage House Brand Refresh

Overview
Completely renewed brand logo and service website to enhance branding.
Impact
Increased customer acquisition through improved market recognition

2023: Active Promotion of Capital and Business Alliances

Overview
Accelerated new business development through capital and business alliances with ONGAESHI Holdings and Kayac.
Impact
Contributes to service diversification and market expansion

2020: Shared Cycling Facility Installation

Overview
Collaborated with OpenStreet to install shared cycle facilities in aerial stores, promoting urban mobility.
Impact
Achieved improved customer convenience and reduced environmental impact

Sustainability

  • Promoting aerial store development using existing spaces to reduce environmental impact
  • Adoption of eco-building materials and energy-saving designs
  • Supporting environmental awareness activities through collaboration with local communities
  • Deployment of shared cycling business aimed at reducing environmental impact
  • Harmonizing land utilization and automotive environment through urban garage-equipped housing