Marubeni in the Philippines
Today, Marubeni Philippines Corporation remains one of the oldest and the most important among Marubeni's network of companies worldwide.
Japan's Marubeni Corporation started overseas activities in Manila, Philippines in 1909 as trader of textile and abaca. Branches were established in Cebu and Iloilo in the 1920's and Davao in the 1930's to begin the network in the country. Until the 1950's, what is now Marubeni Philippines Corporation was known as Daido Boeki and Daiken Sangyo. In 1967, it was granted a branch status by the Philippines' Security and Exchange Commission (SEC). And in 1996, Marubeni Philippines Corporation was incorporated under Philippine laws. At present, Marubeni is continuing to expand its operations in new markets that will eventually contribute to its ever-widening circle of partners, investments, and work force. Concurrently, it strives to improve on the efficiency that has made it a successful business enterprise.
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Marubeni as a Sogo Shosha
The Japanese sogo shosha is a collection of various groups involved in different business fields. Each part of the organization has something unique to offer to the group, thereby, making it a formidable player in international trade.
Marubeni Corporation and its consolidated subsidiaries use their broad business networks, both within Japan and overseas, to conduct importing and exporting (including third country trading), as well as domestic business, encompassing a diverse range of business activities across wide-ranging fields including lifestyle, IT solutions, food, agri business, forest products, chemicals, metals & mineral resources, energy, power, infrastructure project, aerospace & ship, finance, leasing & real estate business, construction, industrial machinery & mobility, next generation business development and next generation corporate development. Additionally, the Marubeni Group offers a variety of services, makes internal and external investments, and is involved in resource development throughout all of the above industries.
On the worldwide scale, Marubeni operates through its global network composed of:
(As of April 1, 2024)
- 130 branches and offices
- 326 subsidiaries
- 164 affiliated companies
- 50,200 consolidated employees worldwide