<?xml version="1.0"?>
<edgarSubmission>

    <schemaVersion>X0708</schemaVersion>

    <submissionType>D</submissionType>

    <testOrLive>LIVE</testOrLive>

    <primaryIssuer>
        <cik>0002104243</cik>
        <entityName>Japan Logistics Development Partners V LP</entityName>
        <issuerAddress>
            <street1>10 COLLYER QUAY</street1>
            <street2>#34-01, OCEAN FINANCIAL CENTRE</street2>
            <city>SINGAPORE</city>
            <stateOrCountry>U0</stateOrCountry>
            <stateOrCountryDescription>SINGAPORE</stateOrCountryDescription>
            <zipCode>049315</zipCode>
        </issuerAddress>
        <issuerPhoneNumber>65 6511 3088</issuerPhoneNumber>
        <jurisdictionOfInc>SINGAPORE</jurisdictionOfInc>
        <issuerPreviousNameList>
            <value>None</value>
        </issuerPreviousNameList>
        <edgarPreviousNameList>
            <value>None</value>
        </edgarPreviousNameList>
        <entityType>Limited Partnership</entityType>
        <yearOfInc>
            <withinFiveYears>true</withinFiveYears>
            <value>2025</value>
        </yearOfInc>
    </primaryIssuer>

    <relatedPersonsList>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>N/A</firstName>
                <lastName>JDP V GP Pte. Ltd.</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>10 Collyer Quay</street1>
                <street2>#34-01, Ocean Financial Centre</street2>
                <city>Singapore</city>
                <stateOrCountry>U0</stateOrCountry>
                <stateOrCountryDescription>SINGAPORE</stateOrCountryDescription>
                <zipCode>049315</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Promoter</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification>The General Partner of the Issuer</relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>N/A</firstName>
                <lastName>Ares Management Asia (Singapore) Pte. Ltd.</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>10 Collyer Quay</street1>
                <street2>#34-01, Ocean Financial Centre</street2>
                <city>Singapore</city>
                <stateOrCountry>U0</stateOrCountry>
                <stateOrCountryDescription>SINGAPORE</stateOrCountryDescription>
                <zipCode>049315</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Promoter</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification>The Investment Manager of the Issuer</relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Michelle</firstName>
                <middleName>Karman</middleName>
                <lastName>Chan</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>10 Collyer Quay</street1>
                <street2>#34-01, Ocean Financial Centre</street2>
                <city>Singapore</city>
                <stateOrCountry>U0</stateOrCountry>
                <stateOrCountryDescription>SINGAPORE</stateOrCountryDescription>
                <zipCode>049315</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification>Director of the General Partner of the Issuer</relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Ran Ryan</firstName>
                <lastName>Chao</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>40/F Gloucester Tower, the Landmark</street1>
                <street2>15 Queen's Road Central</street2>
                <city>Hong Kong</city>
                <stateOrCountry>K3</stateOrCountry>
                <stateOrCountryDescription>HONG KONG</stateOrCountryDescription>
                <zipCode>-</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification>Director of the General Partner of the Issuer</relationshipClarification>
        </relatedPersonInfo>
    </relatedPersonsList>

    <offeringData>
        <industryGroup>
            <industryGroupType>Pooled Investment Fund</industryGroupType>
            <investmentFundInfo>
                <investmentFundType>Other Investment Fund</investmentFundType>
                <is40Act>false</is40Act>
            </investmentFundInfo>
        </industryGroup>
        <issuerSize>
            <aggregateNetAssetValueRange>Decline to Disclose</aggregateNetAssetValueRange>
        </issuerSize>
        <federalExemptionsExclusions>
            <item>06b</item>
            <item>3C</item>
            <item>3C.7</item>
        </federalExemptionsExclusions>
        <typeOfFiling>
            <newOrAmendment>
                <isAmendment>false</isAmendment>
            </newOrAmendment>
            <dateOfFirstSale>
                <yetToOccur>true</yetToOccur>
            </dateOfFirstSale>
        </typeOfFiling>
        <durationOfOffering>
            <moreThanOneYear>false</moreThanOneYear>
        </durationOfOffering>
        <typesOfSecuritiesOffered>
            <isPooledInvestmentFundType>true</isPooledInvestmentFundType>
            <isOtherType>true</isOtherType>
            <descriptionOfOtherType>Limited Partnership Interests</descriptionOfOtherType>
        </typesOfSecuritiesOffered>
        <businessCombinationTransaction>
            <isBusinessCombinationTransaction>false</isBusinessCombinationTransaction>
            <clarificationOfResponse></clarificationOfResponse>
        </businessCombinationTransaction>
        <minimumInvestmentAccepted>0</minimumInvestmentAccepted>
        <salesCompensationList>
            <recipient>
                <recipientName>Ares Management Capital Markets LLC</recipientName>
                <recipientCRDNumber>166219</recipientCRDNumber>
                <associatedBDName>Ares Management Capital Markets LLC</associatedBDName>
                <associatedBDCRDNumber>166219</associatedBDCRDNumber>
                <recipientAddress>
                    <street1>1200 17th Street, Suite 2900</street1>
                    <city>Denver</city>
                    <stateOrCountry>CO</stateOrCountry>
                    <stateOrCountryDescription>COLORADO</stateOrCountryDescription>
                    <zipCode>80202</zipCode>
                </recipientAddress>
                <statesOfSolicitationList>
                    <value>All States</value>
                </statesOfSolicitationList>
                <foreignSolicitation>false</foreignSolicitation>
            </recipient>
            <recipient>
                <recipientName>NH Investments &amp; Securities Co., Ltd</recipientName>
                <recipientCRDNumber>None</recipientCRDNumber>
                <associatedBDName>NH Investments &amp; Securities Co., Ltd</associatedBDName>
                <associatedBDCRDNumber>None</associatedBDCRDNumber>
                <recipientAddress>
                    <street1>Parc 1, NH Finance Tower (Tower2)</street1>
                    <street2>08 Yeoui-daero Yeongdeungpo-gu</street2>
                    <city>Seoul</city>
                    <stateOrCountry>M5</stateOrCountry>
                    <stateOrCountryDescription>KOREA, REPUBLIC OF</stateOrCountryDescription>
                    <zipCode>07335</zipCode>
                </recipientAddress>
                <statesOfSolicitationList></statesOfSolicitationList>
                <foreignSolicitation>true</foreignSolicitation>
            </recipient>
            <recipient>
                <recipientName>Mizuho Securities Co., Ltd.</recipientName>
                <recipientCRDNumber>None</recipientCRDNumber>
                <associatedBDName>Mizuho Securities Co., Ltd.</associatedBDName>
                <associatedBDCRDNumber>None</associatedBDCRDNumber>
                <recipientAddress>
                    <street1>1-5-1 Otemachi</street1>
                    <city>Chiyoda-ku</city>
                    <stateOrCountry>M0</stateOrCountry>
                    <stateOrCountryDescription>JAPAN</stateOrCountryDescription>
                    <zipCode>100-0004</zipCode>
                </recipientAddress>
                <statesOfSolicitationList></statesOfSolicitationList>
                <foreignSolicitation>true</foreignSolicitation>
            </recipient>
        </salesCompensationList>
        <offeringSalesAmounts>
            <totalOfferingAmount>Indefinite</totalOfferingAmount>
            <totalAmountSold>0</totalAmountSold>
            <totalRemaining>Indefinite</totalRemaining>
            <clarificationOfResponse></clarificationOfResponse>
        </offeringSalesAmounts>
        <investors>
            <hasNonAccreditedInvestors>false</hasNonAccreditedInvestors>
            <totalNumberAlreadyInvested>0</totalNumberAlreadyInvested>
        </investors>
        <salesCommissionsFindersFees>
            <salesCommissions>
                <dollarAmount>0</dollarAmount>
                <isEstimate>true</isEstimate>
            </salesCommissions>
            <findersFees>
                <dollarAmount>0</dollarAmount>
                <isEstimate>true</isEstimate>
            </findersFees>
            <clarificationOfResponse>Amounts to be paid to certain recipients listed in Item 12 (Sales Compensation) will be determined based on a percentage of capital commitments from certain limited partners and paid by Ares Management LLC, the sole member of the Investment Manager.</clarificationOfResponse>
        </salesCommissionsFindersFees>
        <useOfProceeds>
            <grossProceedsUsed>
                <dollarAmount>0</dollarAmount>
                <isEstimate>true</isEstimate>
            </grossProceedsUsed>
            <clarificationOfResponse>The Issuer's Manager or affiliate will receive an investment management fee payable by the Issuer generally equal to a % of LP's invested capital. Manager will also receive an investment advisory fee based on a % of projected development costs.</clarificationOfResponse>
        </useOfProceeds>
        <signatureBlock>
            <authorizedRepresentative>false</authorizedRepresentative>
            <signature>
                <issuerName>Japan Logistics Development Partners V LP</issuerName>
                <signatureName>/s/ Michelle Chan</signatureName>
                <nameOfSigner>Michelle Chan</nameOfSigner>
                <signatureTitle>Director of the General Partner of the Issuer</signatureTitle>
                <signatureDate>2026-04-09</signatureDate>
            </signature>
        </signatureBlock>
    </offeringData>
</edgarSubmission>
