社団法人 日本ショッピングセンター協会

Outlook

This May, sales of previously established shopping centers fell for two consecutive months with 2.3% when compared with figures for the same month last year.
Sales trends were favorable mainly owing to the fine weather during the "Golden Week", which favored the sales of midsummer goods. However, the weather thereafter took a turn for the worse with a large number of rainy days and a strong cold front moving south.
Moreover, successive gasoline and other price hikes weakened consumer demand.
However, a tendency was also noted whereby some SC sales exceeded those of last year after the unit price of foods went up.
Although Mother's Day-related events had been expected to trigger an increase in sales, they eventually did not significantly affect total sales.
The insecure outlook of the economy is having a strong impact among consumers, leading to a tendency to save.
Classification by tenant type revealed that a majority of SC claimed weak women's apparel sales.

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 581 SC samples obtained, the sample retrieval rate being 58.1%.
＊(Estimated) total sales of SC for May have been computed based on the total number of 2,830 SC in existence at the end of April 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
	May.	(581)	-2.3	-2.1	-2.6	-2.7	-1.1
Source			Japan Council of Shopping Centers			Japan Department Stores Association	Japan Chain Stores Association

【comment】
Both sales of anchor tenants and tenants were negative.
As regards tenants, sales of midsummer goods like clothes were dull due to the uneasy weather after the "Golden Week".

 

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		(581)	-2.3	-2.1	-2.6
Central Areas	Large Cities	(80)	-0.5	-0.4	-1.3
	Medium Cities	(87)	-2.0	-1.6	-2.9
	Small Cities	(35)	-4.1	-4.5	-3.4
	Sub Total	(202)	-1.4	-1.0	-2.9
Peripheral Areas		(139)	-0.9	-0.9	-0.8
Suburban Areas		(240)	-3.9	-4.5	-3.2

【comment】
Sales in suburban areas fell by 3.9% and were 2.3 points lower than last month. One of the causes was a weaker drift of consumers towards suburban area SC due to gasoline price hike.

(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	(581)	-2.3	-0.5	-2.6	-1.5	-2.7	-3.6	-2.8	-3.6	-4.9	-3.3
Central Areas	(202)	-1.4	-0.7	-1.3	-1.8	-0.5	-7.4	-1.1	-0.6	-3.3	1.1
Peripheral Areas	(139)	-0.9	1.3	-6.8	0.3	-3.3	10.6	-2.0	1.7	-13.2	-4.3
Suburban Areas	(240)	-3.9	-2.5	-2.7	-2.7	-3.7	-5.2	-4.2	-6.3	-4.1	-7.0
Number of SC		581	15	35	199	62	45	130	30	15	50

【comment】
Sales in all regions were negative.
But sales in the Hokkaido region were -0.5%, showing a recovery by 4.5 points from the -5.0% figure of last month.
The sales in the large cities were fairly good.

(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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