社団法人 日本ショッピングセンター協会

Outlook

Compared with figures for the same month last year, sales of previously established shopping centers rose 0.8% in February and were positive for two straight months.
The effect of renewals and the larger number of business days in this leap year may be cited as positive factors. Moreover, the food poisoning scare caused by Chinese-made frozen gyoza dumplings created a tendency among consumers to switch back to domestically produced foodstuffs, thereby slightly - and temporarily - boosting foodstuff sales.
On the other hand, the 'shopping battle' on Valentine's Day, one of the main customer attractions, failed to live up to expectations, customers being discouraged by an unexpected heavy snowfall and low temperatures.
Classification by tenant type revealed that a majority of SC regarded women's apparel sales as a negative factor, blaming the cold weather for the poor sales of spring goods.
Among anchor tenants, many shopping centers mentioned favorable sales of fresh foodstuffs as a positive result factor.

Notes

＊This survey has been compiled from information obtained after sampling 1,000 SC according to location and size from among 2,848 SC - the total number of SC at the end of December 2007.
＊This survey is based on the 585 SC samples obtained, the sample retrieval rate being 58.5%.
＊(Estimated) total sales of SC for February have been computed based on the total number of 2,848 SC in existence at the end of January 2008. (An increase of 89 over last year)

Change of Total Sales of Shopping Centers, Depart-ment Stores and Chain Stores compared with previous year

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
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
Source			Japan Council of Shopping Centers			Japan Department Stores Association	Japan Chain Stores Association

【comment】
Sales of anchor tenants rose by 1.4%, and for the first time in four months exceeded the figures of tenants on a year-over-year comparison.
Although sales of spring goods were unfavorable, anchor tenants such as supermarkets and GMS (dealing in fresh foodstuffs) notched up favorable results so that sales of anchor tenants as a whole turned positive.

 

Rate of Expansion in Sales of SC by Location and Type of Constituent member of SC

Constituent member of SC Location (Number of SC)			Total	Tenants	Anchor Tenants
Total		(585)	0.8	0.4	1.4
Central Areas	Large Cities	(79)	2.6	2.6	2.6
	Medium Cities	(90)	-1.5	-1.9	-0.7
	Small Cities	(37)	0.3	-3.3	4.9
	Sub Total	(206)	0.8	0.8	0.9
Peripheral Areas		(139)	3.7	3.5	4.2
Suburban Areas		(240)	-0.7	-1.9	0.6

【comment】
Sales in peripheral areas showed a high increase of 3.7%.
As demonstrated by the 2.6% rise of sales in central areas of the large cities, results were favorable in large cities such as those designated by government ordinance, which pattern triggered an increase of sales figures in peripheral areas.

(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, but the explanation for area is tentative.）
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

 

Rate of Expansion in Sales of SC by Location and Region

Region Location (Number of SC)		Total	Hokkaido	Tohoku	Kanto	Chubu	Hokuriku	kinki	Chugoku	Shikoku	Kyusyu・ Okinawa
Total	(585)	0.8	-2.4	-2.0	1.8	-1.9	-2.7	1.7	0.0	0.3	0.7
Central Areas	(206)	0.8	-5.4	1.2	1.4	-2.1	-6.7	2.7	-1.0	0.9	1.1
Peripheral Areas	(139)	3.7	3.9	2.0	5.6	0.4	11.4	1.6	2.9	-3.9	-0.1
Suburban Areas	(240)	-0.7	-5.5	-4.0	-0.4	-2.3	-4.6	1.0	0.4	0.7	0.7
Number of SC		585	17	34	204	62	43	133	29	14	49

【comment】
Sales in peripheral areas in the Hokuriku region marked a high increase of 11.4%.
Shopping centers enjoying the positive effects of increased floor space and those again returning positive results through renewal, boosted overall sales figures.
However, sales in central areas suffered a severe setback of -6.7% due to the lingering effect of the opening of rival shopping centers.

(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

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