Global experts in logistics and business space
The logistics sector in Japan has shown solid growth in the past year.
According to Japan’s Ministry of Land, Infrastructure, Transport and Tourism, 2011 saw 20bn tonne-kilometres of freight transported by rail. Then, during the first quarter of 2012, the ministry reports that international cargo at Japan’s five major trade ports grew 4.8% YoY.
The Japanese logistics market is forecast to show continued growth in the year’s third quarter, according to the Ministry of Economy, Trade and Industry, backed by an expected 2.8% YoY growth in the nation’s industrial production index.
The market is seeing new demand for modern warehouses from the e-commerce, fast fashion and pharmaceuticals sectors. In addition, there is a continuous need to replace and modernise the predominantly old and obsolete warehouse space across Japan.
The Japanese e-commerce sector, continuing its rapid expansion, is believed to be approaching the size of the nation’s convenience store market.
Also reliant on efficient supply chain management is the competitive business model of global fast fashion brands. The pharmaceutical sector is also growing due to Japan’s ageing population and the need for the timely procurement of over-the-counter and prescription drugs, as well as medical supplies and equipment.
In addition, a consequence of the 2011 Tohoku earthquake is the greater demand for modern, earthquake-resistant logistics space, with many firms having taken steps to strengthen and re-organise their supply chains and to relocate to new space.
Business continuity planning initiatives have also spurred this demand, with firms looking to consolidate small warehouses into larger distribution hubs, as manufacturing moves offshore and goods are re-imported into Japan for domestic consumption. This is driving the increased use of third-party logistics providers.
The preference is for higher-grade, modern warehouses that help save electricity, boost efficiency and optimise usability, while achieving greater corporate social and environmental responsibility.
Moreover, now that consumers face lower switching costs when changing suppliers, and substitutes are readily accessible, exceptional customer service is necessary if logistics service providers are to retain customers. Thus, suppliers are expected to have efficient supply chains that are flexible, nimble and reliable.
Goodman Group is one of the world’s largest specialist owners, developers and managers of industrial property and business space, with 34 offices in 17 countries. The Japan branch manages numerous modern logistics warehouses in the greater Tokyo, Osaka and Fukuoka regions of the country.
With a long history in Japan, Goodman has over 1,500 global customer relationships with leading multi-nationals across a broad range of industries.
Over the past seven years, Goodman has developed a considerable amount of new logistics space in Japan. All elements of the development process were managed in-house.
The firm is currently developing four large facilities in Tokyo and Osaka. Strategically located in prime logistics hubs, where warehouse demand is high, access is convenient, and skilled workers are available, the centres have a total floor area of over 380,000m2.
Goodman warehouses are customer focused, performance driven and innovative, reflecting the firm’s brand image and business strategy. Moreover, the large, multi-tenant facilities that Goodman develops and manages are easy to use, have comfortable, safe working environments, and incorporate smart, green design.
- Goodman Sakai: This four-storey, flexible, modern space has the largest individual floor plates available in Osaka. The property is adjacent to Osaka’s Nanko port area and has a gross lettable area of 130,000m2. Completion is planned for 2014.
- Goodman Mizue: A four-storey warehouse, it has a gross lettable area of 57,000m2. Located in the greater Tokyo area of Kawasaki City, completion is planned for 2014.
- Goodman Ichikawa: Conveniently located in Chiba Prefecture, the four-storey facility has a gross lettable area of 63,000m2, and is expected to be completed in 2014.
- Goodman Ashikaga II: Located in Ashikaga City, Tochigi Prefecture, this high-specification warehouse with a gross lettable area of up to 130,000m2 is in an ideal location for a Japan-wide distribution hub. The flexible development plan can be tailored to meet specific customer needs.
For further information about Goodman and their facilities, please contact:
Address: Marunouchi Trust Tower North 13F, 1-1-8 Marunouchi, Chiyoda-ku,