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Japan's live music business grew revenues to more than $3bn in 2018, despite an overall decline in the quantity of shows
By Jon Chapple on 04 Apr 2019
After reaching a record high in 2017, the Japanese live music market once again increased in value in 2018, according to new data from promoters’ association ACPC.
ACPC (All-Japan Concert and Live Entertainment Promoters Conference)’s 2018 research report, covering 1 January–31 December, surveyed all 68 of its members, and found that while the number of shows declined slightly on 2017 – 192, or 0.6%, fewer – the Japanese market grew 3.7%, boosted by increased attendances for local acts and higher ticket prices.
Total revenues reached ¥344,823,220,000 (US$3.1bn), up ¥12bn ($108m) on 2017:
According to the association, the decline in the number of events is largely a result of an “insufficiency of venues caused by the preparations for the Tokyo 2020 Olympics”, as well as a growing concentration of shows at the weekend.
The number of arena or stadium performances by domestic artists and bands increased, however, growing 1.7% to nearly 4.9 million. The number of attendees grew 3.9%.
For international acts, the figures were -4.6% and -11.1%, respectively.
In addition to the growing demand for homegrown talent, the slight decline in international shows was offset by ticket price growth of 2%, to an average of ¥7,092 ($64).
ACPC, headquartered in Tokyo, represents 68 concert companies, along with 102 associate members.