KUALA LUMPUR: Isetan Mitsukoshi Holdings Ltd and Nomura Real Estate Development Co Ltd recently held a grand opening ceremony for Mitsukoshi BGC, a commercial facility, in Manila, the Philippines.

The first commercial facility operated by the Isetan Mitsukoshi Group in the Philippines, is part of a large-scale, mixed-use residential and commercial development project being pursued in partnership with leading Philippine developer Federal Land Inc based in Makati.

According to a statement, based on the concept of “Next Manila Lifestyle”, Mitsukoshi BGC will continue striving to make the mall a place that enriches daily lives of visitors and residential tower residents.

Isetan Mitsukoshi Holdings Director, President and Chief Executive Officer, Toshiyuki Hosoya said this year marks the 350th year of Mitsukoshi in which it has continued innovation to enrich daily lives of its customers, since its founding.

“Our policy is characterised by two features: hospitality (customer-first principle) and partnership (win-win relationship), and in the Philippines, we will maintain this business philosophy for our customers and business partners.

“I am certain that a new sensation takes hold as you visit Mitsukoshi BGC after enjoying a shopping experience at Mitsukoshi and Isetan department stores in Japan. I hope you will share our belief that we are proposing a culture, not products,” he added.

Meanwhile, Nomura Real Estate Holdings Inc Chair and Director, Eiji Kutsukake said: “We will endeavour to enable Mitsukoshi BGC to establish a unique position as a Japanese entity, to gain familiarity among locals, and to contribute extensively to the development of BGC and other areas across the Philippines.”

The ceremony was held in an atmosphere with a touch of Japan’s seasonal festival “matsuri”, with events such as performance of Japanese drums as well as a performance of Japanese calligraphy. – Bernama