Bunka Corporation has provided a donation to Miyakonojo City's senior travel ticket program through the Corporate Hometown Tax system.
In recognition of this, a ceremony to present a letter of appreciation was held on Monday, May 11, 2026.
From left: Yoshinaga Ikeda, Mayor of Miyakonojo City; Soichiro Saito, CEO of Bunka Corporation.
Company Overview
Company Name: Bunka Corporation
Representative: CEO Soichiro Saito
Address: BUNKAGROUP NEXFRONTIER BLDG., 3-2-3 Ikumedaionishi, Miyazaki City, Miyazaki Prefecture
Company URL: https://www.bunka-corp.com/
Date of Donation: March 6, 2026
Comment from Bunka Corporation:
'We are honored to be able to assist with Miyakonojo City's welfare projects through the Corporate Hometown Tax system. Guided by one of our management philosophies, 'Contribution to local communities and the environment,' we hope that this donation will lead to the creation of more opportunities for outings for seniors and individuals with disabilities, and assist in enriching their daily lives and connecting them with the community. We will continue to strive to contribute to the sustainable development of the local community.'
[Reference] What is Corporate Hometown Tax?
Corporate Hometown Tax is a system that allows companies to receive tax deductions from corporate-related taxes when they make donations to regional revitalization projects carried out by local governments certified by the national government.
The system underwent significant revisions in fiscal year 2020 to further enhance and strengthen regional revitalization. This allows for a total reduction of up to approximately 90% of the donation amount, when combined with the reduction effect from tax-deductible expenses (30% of the donation amount). For example, if a company donates 10 million yen, up to approximately 9 million yen in corporate-related taxes will be reduced.
For more details on Miyakonojo City's corporate hometown tax, please visit the Miyakonojo City website.
[For more information]
URL: https://www.city.miyakonojo.miyazaki.jp/soshiki/78/21106.html
FACT BOX
- Source: PR TIMES
- Category: News