Secretary’s Gallery

Secretary in Photos
(L-R: Nomura Real Estate Development Corporation – Oversees Business Department Executive Officer Mr. Yusuke Hirano, Federal Land Inc. President and Chief Operating Officer Mr. Thomas Mirasol, Federal Land Inc. Chairman Mr. Alfred Ty, DTI Secretary Fred Pascual, Japan Ambassador to the Philippines Mr. Kazuya Endo, Mitsukoshi BGC General Manager Mr. Yoji Kawaguchi, Nitori Holdings Executive Vice President Mr. Masanori Takeda, Nitori holdings President Mr. Soichi Oda)
(L-R: Nomura Real Estate Development Corporation – Oversees Business Department Executive Officer Mr. Yusuke Hirano, Federal Land Inc. President and Chief Operating Officer Mr. Thomas Mirasol, Federal Land Inc. Chairman Mr. Alfred Ty, DTI Secretary Fred Pascual, Japan Ambassador to the Philippines Mr. Kazuya Endo, Mitsukoshi BGC General Manager Mr. Yoji Kawaguchi, Nitori Holdings Executive Vice President Mr. Masanori Takeda, Nitori holdings President Mr. Soichi Oda)
TAGUIG CITY – On April 18, Department of Trade and Industry (DTI) Secretary Fred Pascual celebrated the grand opening of Nitori’s first Philippine store, marking it as a significant DTI investment promotion achievement. As Japan's leading furniture and home furnishing chain, Nitori’s arrival in the country boosts the economic partnership between the Philippines and Japan.

The Board of Investments (BOI) and the Philippine Trade and Investment Center-Tokyo (PTIC-Tokyo) began engaging with Nitori in 2015 as a VIP Buyer at the Manila FAME trade exhibition. The PTIC-Tokyo continued discussions, exploring trade opportunities and potential investments in the Philippines. Meanwhile, the BOI further solidified the relationship by facilitating a meeting at Nitori's headquarters during a strategic investment promotion mission to Japan in November 2022.

Nitori affirmed its commitment to the Philippines with a Letter of Intent signed during the Presidential Visit to Japan in December 2023.

Secretary Pascual expressed his support for Nitori's expansion plans, which are set to create jobs and cater to the growing Philippine consumer base. He also encouraged Nitori to consider the Philippines as a sourcing hub, aiming to position the country's economy strategically within the region. ♦
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