Estimated Annual SC Sales Figure Totals 27,258.5 Billion Yen in 2008
(Up 0.35% from Previous Year)
Fall 1.5% Compared with Same SC of Previous Year
- Negative Growth for Second Consecutive Year -
Total annual sales of previously established shopping centers for 2008 realized a -1.5% negative growth figure for a second consecutive year when compared with results realized by the same shopping centers over the previous year.
Although SC sales had been following a positive trend until the end of the January-March period, favored by good New Year sales and an increase in the number of business days, soaring foodstuff prices brought consumers into an increasingly reluctant mood from April on.
With awareness among consumers to safeguard their livelihood gaining strength, future economical prospects were further aggravated by employment uncertainty due to poor corporate performances resulting from the global plunge of share prices on the one hand and a strengthening yen on the other, both triggered in their turn by the collapse of a number of major American financial institutions in the course of the latter half of last year.
A relatively positive trend developed in the foodstuff region as an increasing number of consumers chose to dine at home and focus purchases on daily living necessities.
＊This survey has been compiled from information obtained after sampling 1,000 SC according to location and size from among 2,804 SC - the total number of SC at the end of December 2007.
＊This survey is based on samples of those 553 SC that could provide monthly sales figures for the whole year of 2008.
＊(Estimated) total annual sales of SC have been computed based on the total number of 2,876 SC in existence at the end of December 2008.
Term/Year/month (Number of SC) |
S C |
Department Stores |
Chain Stores | ||||
|---|---|---|---|---|---|---|---|
| Previously Established SC | |||||||
| Total of SC | Tenants | Anchor Tenants |
|||||
| Year | 2000 | (185) | -3.4 |
-3.1 |
-3.7 |
-2.2 |
-5.1 |
| 2001 | (255) | -2.2 |
-1.4 |
-3.3 |
-0.4 |
-5.2 |
|
| 2002 | (328) | -2.1 |
-2.1 |
-2.1 |
-2.3 |
-2.1 |
|
| 2003 | (462) | -1.6 |
-0.8 |
-2.4 |
-2.8 |
-3.2 |
|
| 2004 | (522) | -1.7 |
-0.9 |
-2.9 |
-2.8 |
-3.5 |
|
| 2005 | (550) | 0.3 |
1.5 |
-1.9 |
-0.2 |
-2.6 |
|
| 2006 | (523) | 0.3 |
0.9 |
-0.7 |
-0.7 |
-2.7 |
|
| 2007 | (515) | 0.0 |
0.3 |
-0.6 |
-0.5 |
-1.4 |
|
| 2008 | (553) | -1.5 |
-1.1 |
-2.3 |
-4.3 |
-0.7 |
|
| 2008 | Jan.～Mar. | (557) | 1.1 |
1.2 |
0.8 |
-1.0 |
0.4 |
| Apr.～Jun. | (553) | -2.7 |
-2.8 |
-2.5 |
-4.6 |
-0.9 |
|
| Jul.～Sep. | (545) | -0.4 |
0.3 |
-1.8 |
-3.3 |
-0.7 |
|
| Oct.～Dec. | (554) | -3.3 |
-2.5 |
-4.9 |
-7.7 |
-1.4 |
|
| Month 2007 | Jan. | (600) | 1.3 |
1.8 |
0.2 |
0.0 |
-2.4 |
| Feb. | (600) | 1.3 |
1.7 |
0.5 |
1.7 |
-1.6 |
|
| Mar. | (572) | -1.2 |
-1.2 |
-1.0 |
-1.5 |
-1.5 |
|
| Apr. | (575) | -1.1 |
-0.8 |
-1.7 |
-1.3 |
-1.0 |
|
| May. | (556) | 0.2 |
0.5 |
-0.4 |
-0.4 |
-0.6 |
|
| Jun. | (570) | 2.4 |
3.9 |
-0.1 |
5.5 |
-1.5 |
|
| Jul. | (568) | -4.2 |
-4.4 |
-3.9 |
-4.3 |
-2.8 |
|
| Aug. | (570) | 0.5 |
0.6 |
0.4 |
1.4 |
-0.5 |
|
| Sep. | (569) |
-0.8 |
-0.5 |
-1.2 |
-2.5 |
-1.0 |
|
| Oct. | (556) |
0.0 |
-0.1 |
0.3 |
-1.4 |
-1.1 |
|
| Nov. | (590) |
0.7 |
1.1 |
0.0 |
0.9 |
-0.4 |
|
| Dec. | (591) | -0.8 |
-0.7 |
-1.0 |
-2.3 |
-1.8 |
|
| Month 2008 | Jan. | (592) | 0.0 |
0.3 |
-0.5 |
-2.1 |
-1.7 |
| Feb. | (585) | 0.8 |
0.4 |
1.4 |
0.9 |
1.9 |
|
| Mar. | (587) | 2.3 |
2.6 |
1.6 |
-1.2 |
1.4 |
|
| Apr. | (575) | -2.5 |
-3.0 |
-1.5 |
-3.4 |
-0.8 |
|
| May. | (581) | -2.3 |
-2.1 |
-2.6 |
-2.7 |
-1.1 |
|
| Jun. | (592) | -2.9 |
-2.7 |
-3.1 |
-7.6 |
-0.9 |
|
| Jul. | (585) | 0.3 |
0.2 |
0.5 |
-2.5 |
0.9 |
|
| Aug. | (572) | 0.3 |
1.5 |
-2.1 |
-3.1 |
-1.0 |
|
| Sep. | (580) | -1.9 |
-0.8 |
-4.2 |
-4.7 |
-2.2 |
|
| Oct. | (582) | -3.0 |
-1.7 |
-5.6 |
-6.8 |
-1.6 |
|
| Nov. | (571) | -1.3 |
-0.6 |
-2.9 |
-6.4 |
0.6 |
|
| Dec. | (580) | -5.4 |
-4.7 |
-6.7 |
-9.4 |
-2.8 |
|
| Source | Japan Council of Shopping Centers | Japan Department Stores Association |
Japan Chain Stores Association | ||||
【comment】
Sales of anchor tenants remained sluggish with -2.3% for a seventeenth consecutive month.
Sales of anchor tenants such as supermarkets carrying foodstuffs were relatively good whereas those dealing in clothing (GMS and specialty stores) stagnated.
Constituent member of SC Location (Number of SC) |
Total | Tenants | Anchor Tenants | ||
|---|---|---|---|---|---|
| Total | (553) | -1.5 |
-1.1 |
-2.3 |
|
| Central Areas | Large Cities | (76) | -0.5 |
-0.5 |
-0.3 |
| Medium Cities | (86) | -2.6 |
-2.2 |
-3.2 |
|
| Small Cities | (33) | -3.0 |
-1.6 |
-4.8 |
|
| Sub Total | (195) | -1.5 |
-1.1 |
-3.3 |
|
| Peripheral Areas | (133) | -1.0 |
-0.1 |
-2.7 |
|
| Suburban Areas | (225) | -1.8 |
-1.8 |
-1.7 |
|
【comment】
The number of car-dependent customers in suburban areas decreased (-1.8%) due to rises in the gasoline price but tended to recover as gasoline prices began falling in the latter half of the year with no significant disparity between sales figures in suburban (-1.8%), central (-1.5%) and peripheral areas (-1.0%).
(notes)
■Size of City
Large Cities ： Cities designated by government ordinance (Sapporo, Sendai, Chiba, Tokyo metropolis, Kawasaki, Yokohama, Nagoya, Kyoto, Osaka, Kobe, Hiroshima, Fukuoka, Kitakyushu)
Medium Cities ：Cities that have a population of more than 150,000, excluding above‐mentioned cities
Small Cities ：Cities that have a population of under 150,000
■Location （Divided by administrative district
Central Areas ：Central cities that are accumulated by commercial function of cities, towns, villages concerned
Peripheral Areas ：Areas that are around central areas and city function of commerce, administration, business, etc. exist moderately
Suburban Areas ：Areas that are in the suburbs and residential areas, farmlands, etc. are spread out
Region Location (Number of SC) |
Total | Hokkaido | Tohoku | Kanto | Chubu | Hokuriku | kinki | Chugoku | Shikoku | Kyusyu・ Okinawa |
|
|---|---|---|---|---|---|---|---|---|---|---|---|
| Total | (553) | -1.5 |
-1.3 |
-0.7 |
-1.5 |
-1.3 |
-3.1 |
-1.7 |
-2.1 |
-2.5 |
-0.6 |
| Central Areas | (195) | -1.5 |
-2.1 |
1.6 |
-1.4 |
-1.6 |
-5.9 |
-2.0 |
-2.2 |
-2.0 |
-0.3 |
| Peripheral Areas | (133) | -1.0 |
2.5 |
-4.9 |
-0.2 |
-2.6 |
3.7 |
-1.9 |
1.4 |
-8.8 |
-3.6 |
| Suburban Areas | (225) | -1.8 |
-4.2 |
-1.0 |
-2.6 |
-0.8 |
-3.8 |
-1.3 |
-2.4 |
-1.5 |
0.7 |
| Number of SC | 553 |
17 |
31 |
193 |
59 |
40 |
123 |
27 |
15 |
48 |
|
【comment】
Compared to those in other regions, sales in the Kyushu-Okinawa regions showed the smallest decrease with -0.6%.
SC sales in Fukuoka and Kitakyushu, cities designated by government ordinance, remained firm.
Sales in the Hokuriku region however, realized the worst overall figure (-3.1%), with SC sales in core areas such as Niigata and Kanazawa city scoring exceptionally poor results.
(notes)
■Region
Hokkaido ： Hokkaido
Tohoku ： Aomori, Iwate, Miyagi, Akita, Yamagata and Fukushima Prefecture
Kanto ： Ibaraki, Tochigi, Gumma,Saitama and Chiba Prefecture, Tokyo metropolis, Kanagawa and Yamanashi Prefecture
Chubu ： Nagano, Gifu, Shizuoka, Aichi and Mie Prefecture
Hokuriku ： Niigata, Toyama, Ishikawa and Fukui Prefecture
Kinki ： Shiga, Kyoto, Osaka, Hyogo, Nara and Wakayama Prefecture
Chugoku ： Tottori, Shimane, Okayama, Hiroshima and Yamaguchi Prefecture
Shikoku ： Tokushima, Kagawa, Ehime and Kochi Prefecture
Kyusyu･Okinawa ： Fukuoka, Saga, Nagasaki, Kumamoto, Oita, Miyazaki, Kagoshima and Okinawa Prefecture
Reference:
Contact below for any inquires in respect of the Survey.
Mr. Kotaro Zenpo of the Research Department
e‐mail address: zenpoh@jcsc.or.jp
Copyright (C) 2009 Japan Council Of Shopping Centers. All Rights Reserved.