JG Summit and Robinsons Retail Land on TIME’s World’s Best Companies of 2025
Gokongwei-led conglomerate JG Summit Holdings, Inc. and retail arm Robinsons Retail Holdings, Inc. (RRHI) have landed on TIME’s annual list of the world’s best companies.
In total, including the two Gokongwei firms, there are 10 Philippine companies included in the list of 1,000 companies that posted over $100 million in revenues in the past fiscal year.
JG Summit placed 949, RRHI at 962; while Ayala Corp., for the third consecutive year, fared the best among local companies with a 210 global ranking.
Security Bank Corp. trailed with a 369 spot, SM Investments Corp. at 407, Jollibee Foods Corp. at 685, Union Bank of the Philippines at 764, International Container Terminal Services Inc. at 828, China Banking Corp. landing at 882, and Filinvest Development Corp. placing 995.
The American magazine recognizes standout companies from across the world and from a wide array of industries.
ALSO READ:
Tyme Group Makes it to TIME's Top 100 Influential Companies of 2025
5 Philippine Companies Make It To Forbes List of Asia’s “Best Under A Billion”
Last year, RRHI more than doubled its net income from P4.1 billion to P10.3 billion.
JG Summit, on the other hand, posted a second-quarter attributed net income of P10.65, which was about 175.3 percent from P3.87 billion a year earlier.
Topping the list of the world’s most successful companies, computer chip manufacturer Nvidia became the first public company to hit $4 trillion in market value. This comes amidst a backdrop of US government tariff schemes, growing artificial intelligence (AI) demand, and changing consumer sentiments.
Next on the list is tech giant Microsoft, which saw surges in revenue throughout last year, driven by AI and cloud computing.
Strangely enough, last year’s top company, Apple, wasn’t on the list, which TIME attributed to a decline in revenue from 2022 to 2024.
"Many Wall Street analysts have postulated it could be due to the company falling behind on AI. But tides may be turning as the behemoth figures out its footing in the new tech landscape," wrote TIME. "CEO Tim Cook said on a third quarter earnings call that the company is significantly growing investments in AI, embedding it across devices and platforms."
Sporting goods apparel giant Nike ranked No. 14 in on the list, topping the category of Apparel, Footwear & Sporting Goods, surpassing luxury conglomerate Louis Vuitton Moët Hennessy (LVMH) at No. 21, and athleisure player Lululemon (No. 36).
Novo Nordisk was ahead of the pack among drugmakers with a No. 15 spot driven by the popularity of the diabetes and weight-loss treatment phenomenon of Ozempic and Wegovy.
