社団法人 日本ショッピングセンター協会

Outlook

This April, sales of previously established shopping centers fell for the first time in four months with 2.5% when compared with figures for the same month last year.
Successive food price hikes, weak demand for spring clothes due to extreme weather changes in addition to the fact that this month counted one holiday less than the same month last year, are seen as factors having adversely affected this month's sales figures.
Moreover, the fall in gasoline prices occasioned by the expiration of the temporary gasoline tax had been expected to boost consumer purchasing power but ultimately produced only vague sales results due to the insecure outlook of the economy.

Notes

＊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. (The total number of SC at the end of December 2007 reflects the omission of 44SC whose closure became known at the time of the survey carried out at the end of March 2008)
＊This survey is based on the 576 SC samples obtained, the sample retrieval rate being 57.6%.
＊(Estimated) total sales of SC for April have been computed based on the total number of 2,817 SC in existence at the end of March 2008.

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
2008	Jan.～Mar.	(557)	1.1	1.2	0.8	-1.0	0.4
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
Source			Japan Council of Shopping Centers			Japan Department Stores Association	Japan Chain Stores Association

【comment】
Sales of tenants were -3.0%, the lowest sales figure since July 2007.
Although food and drink businesses reportedly performed well, sales of clothes shops were negative.

 

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		(576)	-2.5	-3.0	-1.5
Central Areas	Large Cities	(80)	-3.4	-3.5	0.1
	Medium Cities	(86)	-4.1	-4.3	-3.7
	Small Cities	(35)	-4.8	-4.4	-5.3
	Sub Total	(201)	-3.8	-3.8	-3.7
Peripheral Areas		(136)	-2.0	-2.1	-1.9
Suburban Areas		(239)	-1.6	-2.5	-0.6

【comment】
Sales in suburban areas showed the smallest drop with -1.6%. Sales of anchor tenants were -0.6%, similar to last year. These results reflect the temporary gasoline price cut and the drift of consumers to suburban areas over the Golden Week.
Sales in central-area small cities were -4.8% with sales of anchor tenants showing a remarkable drop of -5.3%.

(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	(576)	-2.5	-5.0	-0.3	-2.0	0.0	-2.7	-5.1	-1.5	-3.0	-3.0
Central Areas	(201)	-3.8	-5.7	-2.9	-2.5	-3.9	-9.1	-7.6	-1.6	-4.2	-2.4
Peripheral Areas	(136)	-2.0	-1.9	-8.3	-0.3	-2.4	7.3	-5.2	0.3	-5.3	-6.0
Suburban Areas	(239)	-1.6	-8.6	2.5	-2.6	2.7	-3.1	-3.2	-1.6	-1.8	-1.9
Number of SC		576	17	35	199	60	45	127	28	15	50

【comment】
Sales in all regions were negative. Sales in the Kinki (-5.1%) and Hokkaido (-5.0%) regions recorded noticeably bad figures.
However, sales in the Chubu region held ground with a 0.0% result.
As for the Hokuriku region, sales in central areas were -9.1% whereas those in peripheral areas were very satisfactory at 7.3%, showing extreme differences among the areas in the region.

(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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