The Philippine economic team has secured around PHP 51 billion (USD 870 million) in new investments and project expansions from major Japanese conglomerates following high-level meetings in Tokyo. The commitments reflect Japan’s continued confidence in the Philippines’ economic potential and its growing role as an investment destination in the region.
According to the Department of Trade and Industry, the investments will support key sectors such as clean energy, property development, advanced industries, and consumer services, as well as leisure and entertainment.
Koshidaka Holdings Co. Ltd. announced a PHP 34 billion (USD 580 million) investment to establish 300 Karaoke Manekineko outlets across the Philippines over the next decade, with the first outlet set to open in 2026. This marks Koshidaka’s ASEAN expansion through its Philippine operations.
Marubeni Corporation committed PHP 15 billion (USD 255 million) to projects in real estate, fintech, healthcare, and afforestation, including initiatives to develop renewable energy and lower electricity costs. Sojitz Corporation confirmed an investment of PHP 2 to 3 billion (USD 34 to 51 million) in a property venture designed to attract companies in artificial intelligence, semiconductor design, software, and healthcare, with additional interest in aviation projects.
Mitsui & Co. Ltd. reaffirmed its partnership with Metro Pacific Investments Corporation and Steel Asia on a steel recycling initiative that promotes circular economy practices and supports decarbonization goals.
The Philippine delegation was led by Finance Secretary Ralph Recto, alongside Trade Secretary Cristina Roque, Economic Planning Secretary Arsenio Balisacan, and Energy Secretary Sharon Garin. Secretary Roque said the new commitments highlight the strength of Philippine–Japan collaboration in green energy, smart housing, healthcare, and creative services, with shared goals of creating quality jobs, strengthening supply chains, and advancing a green and digital economy.
(Source: GMA News)
