Japanese Market Continues Decline In 2004

The Japanese music market -- the world's second-biggest -- continued to contract last year, according to sales data published today (Feb. 8) by the Recording Industry Assn. of Japan.

The Japanese music market -- the world's second-biggest -- continued to contract last year, according to sales data published today (Feb. 8) by the Recording Industry Assn. of Japan.

For calendar 2004, total sales of music product -- audio software, music videos and DVDs -- declined 2% in value to ¥575.2 billion ($5.5 billion), on a 3% volume decline to 303.2 million units, according to the RIAJ.

Sales of audio product (CDs, cassettes, vinyl) reached a value of ¥507.8 billion ($4.8 billion), down 2% from 2003, on volume down 4% to 282.4 million units.

Sales of music videos and DVDs declined 2% in value to ¥67.4 billion ($642.5 million), while volume increased 4% to 20.8 million units.

The data are based on net sales by the RIAJ's 42 member companies, which account for roughly 95% of music sales in Japan, and the RIAJ's estimate of total net sales by independent labels. The data also include sales of imported product handled by RIAJ members, which account for some 23% of all imported product in Japan.

Sales of domestic repertoire were down 1% in value to ¥366.2 billion ($3.5 billion), and down 5% in volume to 211.2 million units.

Sales of foreign product fell 3% for a value of ¥141.6 billion ($1.4 billion); in volume terms, the figure was unchanged at 71.3 million units.

RIAJ's report follows the Jan. 21 announcement that shipments by the trade body's member companies last year were down 5% in value terms and 4% in volume.


RIAJ's report follows the Jan. 21 announcement that shipments by the trade body's member companies last year were down 5% in value terms and 4% in volume.
THE BILLBOARD BIZ
SUBSCRIBER EXPERIENCE

The Biz premium subscriber content has moved to Billboard.com/business.


To simplify subscriber access, we have temporarily disabled the password requirement.