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Business Overview for Fiscal 2010

Shopping Mall Business in Japan

Data for ÆON MALL shopping centers

ÆON MALL is pressing ahead in creating shopping malls that answer customer needs and are the most competitive in their respective regions.

  • Year-on-year Comparison of ÆON MALL (49* Existing Malls) Sales to the Mall Industry, Department Stores and Chain Stores

    Growth in specialty store sales at ÆON MALL’s 49 existing malls far outpaced those of the mall industry, department stores, and chain stores in a year-on-year comparison. This growth trend has continued for 15 consecutive months since December 2009. Reasons for this growth are
    ① the one-stop solutions that ÆON MALL shopping malls offer,
    ② aggressive renovation of existing malls, and
    ③ synchronized sales in which ÆON Group GMS and 23,000 specialty stores can take part.

    *Shopping malls opened as of February 20, 2009.

  • Year-on-year Comparison of ÆON MALL Sales to the Mall Industry, Department Stores and Chain Stores Net sales (YoY)

    Source:
    Japan Council of Shopping Centers, Japan Department Stores Association, Japan Chain Stores Association
    *
    ÆON MALL figures are adjusted for day of the week
  • Number of customers at ÆON MALL’s 49 (as of February 20, 2011) existing shopping malls (YoY)

    The number of customers visiting our shopping malls has risen in both the fiscal year under review, the year ending February 20, 2011, and the preceding year. Coincident with this rise has been a year-on-year increase in the number of buyers, as well as in spending per customer. In addition, restaurants and food courts have reported sales increases proportional to the growth in customer numbers.

  • Number of customers at ÆON MALL’s 49 (as of February 20, 2011) existing shopping malls (YoY)

  • Vacancy Rate and Real Vacancy Rate

    The real vacancy rate refers to the actual area of a mall vacant and the vacancy rate after excluding space reserved for incoming tenants on a contractual basis. To ensure malls remain open for business during renovation work, vacant space is temporarily increased through tenant replacement and other means. Nevertheless, the real vacancy rate in fiscal 2010 improved from 0.7% the previous year to 0.4%.

  • Vacancy Rate and Real Vacancy Rate

Year-on-year Comparison of ÆON MALL Sales to the Mall Industry, Department Stores and Chain Stores Net sales (YoY)

Source:
Japan Council of Shopping Centers, Japan Department Stores Association, Japan Chain Stores Association
*
ÆON MALL figures are adjusted for day of the week
Number of customers at ÆON MALL’s 49 (as of February 20, 2011) existing shopping malls (YoY)

Vacancy Rate and Real Vacancy Rate