The monument, symbolizing the renewed friendship between Japan and the Philippines after the events of World War II, was erected by Risshō Kōsei Kai, a Japanese Buddhist organization.
These schools centered around the ancient capitals of Asuka and Nara, where great temples such as the Asuka-dera and Tōdai-ji were erected respectively.
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Fuke, known as Puhua in Chinese, the legendary precursor to the eponymous Fuke Zen school of Buddhism in Japan