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Number of Shopping centers

Industry Facts

As of the end of 2008, there were 2,980 shopping centers in Japan, occupying 42,083,000 sq m of floor space and with total sales estimated at \27,258.5 billion. Average floor space per center was 14,122 sq m and the average number of tenants per center was 48.

The JCSC General Meeting of May 21, 2009 issued an announcement stating that the official total number of SC as of the end of December 2008 had been corrected to 2,980 on the basis of newly adapted SC standards. However, total sales of SC are based on former standards and have been computed based on the total number of 2,876 SC.

Table1 Basic Statistics on Shopping Centers in Japan, 2008
Total number of shopping centers 2,980
Total number of tenants 143,999
Average number of tenants per center 48
Total number of anchor tenants 2,733
Total shopping centers floor space 42,083,792(m2)
Average floor space per center 14,122(m2)
Total sales of shopping centers 27,258.5(billion yen)
Chart1 Shopping Center Openings in Japan, 2001-2008
Chart1 Shopping Center Openings in Japan, 2001-2008
Table2 Shopping Centers Openings By Location
  ‘01 ‘02 ‘03 ‘04 ‘05 ‘06 ‘07 ‘08
Central Areas 8 9 9 11 8 9 17 16
Peripheral Areas 9 18 12 12 10 15 17 10
Suburban Areas 26 39 42 51 53 59 63 62

JCSC's New Standards for Shopping Centers

Shopping centers planned and developed by developers should observe the following requirements:

  1. The retail space covered by retail businesses should not be less than 1,500sq m.
  2. Shopping centers tenants should include, apart from anchor tenants, at least 10 tenants.
  3. As for anchor tenants, their area should not exceed 80% of the shopping center area.
    However, this restriction does not apply if the retail space of the retail businesses among the other tenants occupies 1,500 sq m or more.
  4. An association such as a Tenant Board (Store Association) or the like should be in place in order to conduct activities of common interest such as advertising and jointly held special events.

JCSC Definitions

Shopping center area:
Total area offered in a shopping center as selling space for the retailing of commodities, and for restaurant and service businesses, including the aisles for common use. It also includes the space provided within the same location for those various communal facilities available to shopping center customers. It does not, however, include hotels, parking lots or backyards.
Shopping center floor space:
Total area offered as selling space in a shopping center for the retailing of commodities and for restaurant and service businesses, excluding the aisles provided for common use.
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