Universal Entertainment sees an opening in Japan, but it is not ready to commit. The Okada Manila parent said a second round for Japan IR bids puts the market back in play, though the group has not decided on any consortium role or investment setup.
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Japan IR bidding is back on the calendar, and Universal Entertainment does not want to ignore that. Still, the company is not rushing in. In comments tied to its latest shareholder meeting, the group said it is aware of the chance to build an integrated resort with casino in Japan, but “remains cautious” and has made no call on consortium participation or investment structure.
That stance leaves the door open without locking the company into a costly path. Japan confirmed in March that local governments can file second-round bids from May 2027 through early November 2027, reopening the race for the two remaining IR licences.
For now, management sounds more focused on diversification and recovery. Universal said a new gaming machine business will become the group third pillar in fiscal 2026, using entertainment machine technology and resort operating know-how to chase fresh market openings and reduce dependence on any one market.
Okada Manila stays central to that plan. The parent said it will keep prioritising service quality and staff training at the Philippine resort, adding: “We believe customer satisfaction improvement is key to earnings recovery.”