Japan’s Koshidaka Firm To Open Karaoke Centers, Hot Spring Spas, And Women’s Gyms in PH

Japanese leisure services firm Koshidaka Holdings Co. Ltd. is set to invest at least ₱2.5 billion to establish its popular chain of karaoke centers, onsens (hot spring spas), and women’s gyms in the Philippines, Department of Trade and Industry (DTI) Secretary Ma. Cristina Roque announced.

Koshidaka is well known for its karaoke chains, including Karaoke Manekineko and One Kara, a brand designed for solo singers. I Photo: Karaoke Manekineko

Koshidaka currently operates over 600 outlets in Japan. According to Secretary Roque, the company is scouting 30 locations in the Philippines, with plans to expand to 100 sites nationwide.

The first outlet is expected to open this year.

Koshidaka is one of 13 firms and business organizations that Roque met during her recent visit to Tokyo, as part of ongoing investment missions in Japan.

Other firms include Nidec Corp., Ibiden Co., Ltd., Etoile Kaito & Co., Inc., Adastria Co., Ltd., Sumitomo, Fujifilm Holdings Corp., Chodai Co., Ltd., Taiheiyo Cement Corp., Fast Retailing, JR East, and Keizai Doyukai and Keidanren.

“We are also checking on their plans for expansion and growth in our country,” Roque said.

Earlier, Koshidaka announced plans to establish a Philippine subsidiary to introduce a new style of karaoke entertainment. The firm views its expansion in the Philippines as a key initiative in its Southeast Asia growth strategy, citing the country’s large market and economic growth.

“In addition to entertainment, they also plan to open women-only gyms nationwide and develop Japanese onsens in malls and other strategic locations,” Roque stated.

“They will be visiting this year to explore potential locations.”

Koshidaka is well known for its karaoke chains, including Karaoke Manekineko and One Kara, a brand designed for solo singers.

The company also operates bathhouses under the Maneki no Yu brand. All in all, Koshidaka operates three business segments:

• Karaoke – Manages and operates karaoke box stores under the Karaoke Manekineko and One Karaoke brands in Japan and South Korea. It also manufactures and sells karaoke equipment.

• Hot Spring/Warm Bath – Operates bathhouses in Japan under the Maneki no Yu and Rumpu no Yu brands.

• Real Estate Management – Owns and manages rental properties in Gunma, Kanagawa, and Aichi prefectures.