Expert on Japan Retail and Consumer Markets, JapanConsuming

Michael Causton

Expert on Japan Retail and Consumer Markets

Real Insight on Japanese Consumer Markets

JapanConsuming

JapanConsuming is a specialist research firm producing intelligence on Japanese retail and consumer markets. Founded in 2000, JapanConsuming has become the leading provider of insights on Japanese retailers and consumer trends to retailers, brands, government agencies and investors. As well as a highly regarded monthly report on the market, JapanConsuming produces in-depth reports on retail sectors, seminars on key trends and telephone consulting to investors on trends and retailers.

JapanConsuming was founded by Michael Causton and Roy Larke. 

Thematic (Sector/Industry)

<ul class="">
<li>Leading shopping centres in Japan recovered well in FY2017 after a tough 2016, with most forms of tenant posting better sales.<span class="Apple-converted-space"> </span>
</li>
<li>While accessories, sports and eateries did as well as expected, apparel also had a much better year compared to the tough trading in 2016.</li>
<li>Station/fashion buildings that moved to a more premium position outperformed the sector, reflecting the continued growth in incomes and assets among affluent Japanese.</li>
<li>The improvement overall reflects the better sentiment among consumers, but equally, the continued shift of spending from other forms of retail (like GMS stores) to the better shopping centres.<span class="Apple-converted-space"> </span>
</li>
<li>So far, apart from a 2.8% drop in May, sales have been positive in FY2018 too, with apparel again doing much better than in recent years, suggesting an upturn for some fashion retailers.</li>
<li>As well as sales growth, major SC developers have also become much more adept at extracting higher profits from their facilities, and we expect this trend to continue.</li>
</ul>


Leading shopping centres in Japan recovered well in FY2017 after a tough 2016, with most forms of tenant posting better sales. 

While accessories, sports and eateries did as well as expected, apparel also had a much better year compared to the tough trading in 2016.
Station/fashion buildings that moved to a more premium position outperformed the sector, reflecting the continued growth in incomes and assets among affluent Japanese.
The improvement overall reflects the better sentiment among consumers, but equally, the continued shift of spending from other forms of retail (like GMS stores) to the better shopping centres. 

So far, apart from a 2.8% drop in May, sales have been positive in FY2018 too, with apparel again doing much better than in recent years, suggesting an upturn for some fashion retailers.
As well as sales growth, major SC developers have also become much more adept at extracting higher profits from their facilities, and we expect this trend to continue.


Japan Shopping Centre Sales Grow Again in 2017-18

Japan

PARCO CO., LTD. operates shopping centers specializing in fashion shops in Kanto, Chubu, Kansai, Hokkaido, and Kyushu area.  The Company also operates playhouses and theaters.

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Parco Co Ltd (8251 JP)

Japan Shopping Centre Sales Grow Again in 2017-18

Leading shopping centres in Japan recovered well in FY2017 after a tough 2016, with most forms of tenant posting better sales. While...

Michael Causton

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