社団法人 日本ショッピングセンター協会

Outlook

This June, sales of previously established shopping centers fell for a third consecutive month with 2.9% when compared with figures for the same month last year. This negative result is partly due to the fact that a large number of shopping centers decided to shift their summer sales - held in June last year - to July this year, thus leading to a proportional decrease in sales for this month.
Moreover, consumer demand remained weak due to successive gasoline and other price hikes. The trend continues to refrain from buying anything but the necessities of life.
Although the effect of SC renewals and events could be considered positive aspects, ever since a sales decrease lasting five consecutive months was recorded in December 2004, it has been forty-two months that sales were down for three consecutive months.

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.
＊This survey is based on the 592 SC samples obtained, the sample retrieval rate being 59.2%.
＊(Estimated) total sales of SC for June have been computed based on the total number of 2,832 SC in existence at the end of May 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
	Apr.～Jun.	(553)	-2.7	-2.8	-2.5	-4.6	-0.9
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
Source			Japan Council of Shopping Centers			Japan Department Stores Association	Japan Chain Stores Association

【comment】
Both sales of anchor tenants (-3.1%) and tenants (-2.7%) were negative.
Although tenants dealing in food and sundries tended to show a moderate sales increase, those dealing in clothing and the like suffered from the hesitant attitude among customers.

 

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		(592)	-2.9	-2.7	-3.1
Central Areas	Large Cities	(80)	-3.9	-4.0	-1.3
	Medium Cities	(86)	-3.9	-2.9	-5.5
	Small Cities	(34)	-4.2	-4.7	-3.6
	Sub Total	(200)	-3.9	-3.7	-4.8
Peripheral Areas		(143)	-1.8	-2.0	-1.4
Suburban Areas		(249)	-2.5	-1.9	-3.1

【comment】
Sales in central areas fell by 3.9%, which figure surpassed those of peripheral areas (-1.8%) and suburban areas (-2.5%).
From the fact that the largest drop occurred in central areas where the number of car users is relatively small, the force of the impact caused by the shift of the summer sales period stands out among other factors. (See above : 'Monthly Sales')

(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	(592)	-2.9	-8.5	-1.8	-2.5	-3.3	-3.1	-2.5	-2.9	-4.7	-3.6
Central Areas	(200)	-3.9	-11.0	4.3	-4.6	-3.7	-5.0	-1.2	-4.6	-0.1	-5.9
Peripheral Areas	(143)	-1.8	-3.3	-4.7	-0.8	-3.2	-0.7	-2.1	-2.0	-14.9	-3.1
Suburban Areas	(249)	-2.5	-7.8	-3.4	-1.0	-3.1	-3.2	-3.6	-1.7	-5.5	-1.5
Number of SC		592	17	35	200	64	49	130	32	15	50

【comment】
Sales in the Hokkaido region were -8.5%, showing a decrease by 8.0 points from last month. The reasons were the shift of the summer sales period, price hikes and a reaction against the good figure of 6.9% for the corresponding month last year.

(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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