News Bandai Namco to Establish Bandai Namco Philippines
posted on 2012-08-03 23:31 EDT
The Japanese entertainment company Bandai Namco Holdings has announced that it will establish a new company, provisionally named Bandai (Philippines) Inc., this October. The company's headquarters will be located in the country's Province of Batangas, and at this time, the its primary purpose will be to build a capsule toy and figure factory in the country.
The company will be founded with 400 million Philippine pesos in capital (about US$9.6 million), and the planned factory is scheduled to begin operating next summer. Bandai Namco Holdings has already founded subsidiaries in Hong Kong, China, and Thailand.
Source: Anime! Anime!
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