JR EAST GROUP
CONGLOMERATE AND Atré

Atré’s parent company,
JR East, is one of the largest railway companies in the world.

East Japan Railway Company (JR East) is one of the largest railway companies in the world, delivering transportation service to an average of 17,000,000 passengers per day in the Greater Kanto area, which includes Japan’s capital city of Tokyo.
The JR East conglomerate business includes divisions specializing in sales activities within JR train stations and the development and management of office real estate and shopping malls, such as Atré malls.

Taking advantage of the large passenger traffic at its stations, JR East creates a synergetic consumer effect by developing multipurpose facilities within or directly adjacent to its stations. Travelers use JR trains and stations to reach the new JR facilities. The development of such facilities boosts the economy of the surrounding neighborhoods. In turn, the invigorated economies create more passenger traffic at JR stations.

JR East is also responsible for the nationwide familiarization of the RFID technology-incorporated rechargeable contactless smart card service. The company launched its original smart card service in 2001. The card was named SUICA, and today it functions as an electronic money card as well as a fare card. With SUICA, consumers can pay fares for JR and other private railways, buses, and subways. They can also easily make purchases at an extensive number of vending machines and stores in the Greater Kanto area. The current number of SUICA-compatible retailers exceeds 249,000.

An average of 17.0 million passengers use the JR East railway service every day.Aa3 (Moody's) and AA- (Standard & Poor's)

Atré is among those supporting the JR East Group business
with stable high profitability.

Operating RevenuesOperating Income

Operating Income Margin

* The figures above have been calculated based on the FY 2016 accounting results (April 1, 2015, through March 31, 2016) reported in the JR East Group Annual Report 2016.

Atré's BUSINESS

Atré is focused on increasing value and creating
a new source of revenue for railway businesses.

Using railway services is an integral part of the daily life of most Tokyo residents. Thus, train stations naturally bear limitless commercial potential: large passenger traffic flows at stations simply mean more opportunities for retail businesses to have direct distribution access to a mass of general consumers in transit. Train stations become more than just a place where people use railway services. There are a variety of new reasons for consumers to visit stations and businesses must work with train stations to meet demands and cater to consumers. This phenomenon leads to unique needs and opportunities in the vicinities around the stations.

Shopping malls directly connected to or within train stations have played important roles in urban development projects across Japan, most notably in the Greater Tokyo Area, obtaining a considerable business share in Tokyo’s commercial business market in train station vicinities. In this emerging market, Atré has built an outstanding presence, achieving dominant business size.

In terms of shopping mall business size, Atré is a dominant player with outstanding figures: Boasting 41 successful stores in the Greater Tokyo Area, Atré’s total shopping mall floor area exceeds 540,992 square meters; with the approximate 50%-net rentable area, Atré’s total tenant area amounts to 252,112 square meters; and the tenant area is occupied by 1,600 tenants with approximately 22,400 tenant employees.
Atré reported an incredible total annual sales of 249,402 million yen for FY 2017. (This figure includes the total annual sales amounts reported by three subsidiaries acquired and merged into Atré Co., Ltd. on April 1, 2017.)

Atré in Numbers

  • Number of Atré stores across nation: 41 stores
  • Total annual sales (FY 2016): 249,402 million yen
  • Number of tenants: 1,600 tenants
  • Number of tenant employees: 22,400 individuals
  • Total shopping mall floor area: 540,992 m2 / Total tenant area: 252,112 m2

Atré’s sales efficiency is extremely high.

A total daily average of 2,560,035 passengers use the stations to which Atré shopping malls are directly connected.

The Atré Kichijoji store and the Atré Ebisu store are ranked third and fifth, respectively, in an annual survey of the yearly average amount each consumer/passenger spends at station malls in the Greater Tokyo metropolitan area.The Atré Kichijoji store and the Atré Ebisu store are ranked seventh and eighth, respectively, in an annual survey of the yearly average purchases made by consumers per square meter of rented tenant area in station malls across Japan.

† The textile/fashion newspaper, Senken Shimbun, announces the 100 top-selling domestic shopping malls every year. We calculated to determine the above ranking results of the yearly average amount each consumer/passenger spends at station malls by dividing each mall’s annual sales amount by the number of passengers who use each station to which the shopping mall is connected per day. This survey targeted station shopping malls located in the Greater Tokyo metropolitan area, which consists of the prefectures of Tokyo, Kanagawa, Chiba, and Saitama. ‡ We calculated each mall’s total yearly average sales amount per square meter of rented tenant area of FY 2013 by dividing each mall’s total monthly sales amount by the mall’s total rented tenant area in meters.
The calculation of the total yearly average sales figures of Atré malls was conducted based on Atré’s FY 2014 accounting data. The calculation of the total yearly average sales figures of other topselling shopping malls from the Senken Shimbun list was based on figures announced in their financial statements on their websites.

Atré’s atmospheric design welcomes visitors with fun and comfort.

Atmospheric experiences are what we offer with Atré entrances.

With us, entrances don’t function as a border between the interior and the exterior: Atré entrances are designed to fuse the two into a unique space projecting a life-rich, welcoming atmosphere created by the liveliness of the shops inside the mall.

Synergy creates the unparalleled Atré space.

We work simultaneously on merchandising strategies, space design, and interior design control strategies. This work process creates synergy, making Atré shopping malls places of unique atmospheric experiences.

The Atré interior speaks hospitality.

We’d like to be a place where people feel comfortable. We’d like to be a part of people’s daily lives, and we strive to establish trust. With thorough attention to detail, we design our mall interiors to create places where people can fully feel our hospitality. Halls are designed to offer people a sense of joy and comfort.

We care deeply about our local communities and beyond.

  • Atré participated in UNHCR’s refugee support campaign and was awarded a certificate of gratitude by the UNHCR in December 2014.
  • Atré spearheads local neighborhood cleaning projects, such as our “Clean & Green Action” project.
  • Atré teamed up with local businesses to revitalize the Ueno district in the “Yokoso! Ueno” project.
  • In order to help boost local communities, Atré invites local groups to hold events in our halls free of charge under our “Atré-To-Event (a+ Event)” program.

COMPANY OVERVIEW

Atré’s Brand Statement

Cities are nothing without people in them. Cities become a fun place to be only when people enjoy visiting them. We at Atré believe it is our mission to be there to welcome people into the cities where a series of pleasant experiences await them. We want to be a place where people want to be and where people are inspired to enjoy life. We want to be the one to open a new chapter in people’s lives. We are your city’s next chapter.

Company Overview

Atré Co. Ltd. was established on April 2, 1990, with a capital of 1.63 billion yen. Its dominant shareholder is East Japan Railway Company, with 91.5% of the shares.

Atré’s business includes the development/management/operation of commercial buildings directly connected to train stations , as well as the renovation/remodeling of station buildings for commercial use.

Atré has shown consistent growth over the past two decades, and the company’s shopping-mall sales surpassed 240 billion yen in the fiscal year 2017.

Atré’s Shopping-Mall Sales by Fiscal Year (Millions of Japanese Yen)

‖ The figure does not include the total annual sales amounts reported by the three subsidiaries acquired and merged into Atré Co., Ltd. on April 1, 2015.

CONTACT US

For further information, please email us at atreinfo.en@atre.co.jp.
You may also write to us at Ebisu 4-1-18, Shibuya, Tokyo, Japan
(Business Development & Strategy Office, Atré Co., Ltd).