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Research

Report

Tokyo Retail Market Summary


Economy

Consumer confidence in November improved for the third straigh tmonth, reaching its highest level since September 2013. Department stores in Tokyo posted an increase of 3.8% y-o-y during the same month, as higher price band goods . . .

Leasing Market

Healthy demand continued to come from international retailers and F&B operators. In 4Q17, new store openings included Rolex Boutique Lexia,one of the irlargest DOS in Japan, alongside Namiki-dori and the relocation . . .

Outlook

Private consumption is expected to continue to pick up in 2018 amid improvements in employment and income. According to Oxford Economics, private consumption is expected to grow 0.9% in 2018. Strength from inbound tourisms . . .

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