Xymax Reall Estate Instiitute

RESEARCCH REPO
ORTElectric PPower Co
onsumpttion by OOffice Tenants(March2016)
The averag
ge of Jan-Maar 2016 was 38.9 kWh//tsubo; YoY
Y decrease byb 6.9%.

Junee 3, 2016

Xymax Real Estate Institu
ute has been studying thee volume of electricity coonsumed by ooffice tenantts in Japan onna continuous basis. The quarterly rep
ports have b
been releasedd since June 2013. The laatest report, which covers
the results foor the period
d ending Marrch 2016, is aavailable noww.

Finding
gs from ReesearchThe area
as where electtricity is supp
plied by Tokyoo Electric Pow
wer Companyy (TEPCO)• The conssumption in the period betweenbJanuuary and Marrch 2016 wass 38.9 kWh/tssubo;a YoY deecrease of 2.9 kWh/tsubo
o or 6.9% fro
om 41.8 kWh//tsubo in thee same perio
od previous year.
y1. Electric Pow
wer Conssumptio
on per Month
M
Figure 1 shows the montthly electric powerpconsum
med by office tenants in the period b etween January 2010 anddMarch 2016.. The consum
mption in thee latest threee months waas 40.9 kWh//tsubo in Jannuary, 39.0 kWh/tsubokinnFebruary andd 36.8kWh/tssubo in Marcch.
Figure 1: Electric Pow
wer Consumeed by Officee Tenants peer Month (TEEPCO Areas)

Electric Power Consumption by Office Tenants (March20116)
All rights reserved. All the contents are as of the date of th
his report. Xymax Coorporation does not guarantee
gthe accura
acy or completenesss of the information herein.
Copying, quoting, foorwarding, distributing, reprinting or any otherouse of this repo
ort is not allowed witthout prior permission from Xymax Corpooration.
Copyright © 2016 Xyymax Real Estate Insttitute Corporation. Alll rights reserved.

1

RESEARCH
H REPORT
T｜Xymax Reeal Estate Innstitute

2. Jan-MMar Aveerage, a Sharp Decrease Year-on-Yeaar
The average electric pow
wer consumed by office t enants in thee TEPCO area
as in the perriod between
n January anddMarch 2016 was 38.9 kW
Wh/tsubo; a ye
ear-on-year decrease by 2.8 kWh/tsubo (6.9%) annd a record loow in the passt
six years (Figgure 2).
This is likely to have bee
en caused byy the warm w
winter arounnd the turn ofo the year frrom 2015 too 2016, whichhreduced the use of heate
ers in offices.
FFigure 2: Jann-Mar Avera
age Electric Power Conssumed by Offfice Tenantsts (TEPCO Arrea)

Electric Power Consumption by Office Tenants (March20116)
All rights reserved. All the contents are as of the date of th
his report. Xymax Coorporation does not guarantee
gthe accura
acy or completenesss of the information herein.
Copying, quoting, foorwarding, distributing, reprinting or any otherouse of this repo
ort is not allowed witthout prior permission from Xymax Corpooration.
Copyright © 2016 Xyymax Real Estate Insttitute Corporation. Alll rights reserved.

2RESEARCH REPORT｜Xymax Real Estate InstituteResearch Overview
Definition

Electric power per tsubo (3.3 sqm) consumed by a tenant in office buildings in a month.

PeriodJanuary 2010 – March 2016 (data was collected every month)

Subject
Data

Of office tenants of office buildings managed by Xymax Group, we obtained valid data from approx.
3,000 tenants in approx. 300 buildings.
1) Collect the monthly electric power consumption (kWh) of each tenant.
2) Adjust the preceding data to a five-day business week excluding Saturdays, Sundays and national

How toCalculateholidays.
3) Calculate the electric power consumption per tsubo (kWh/tsubo) by dividing the preceding databy the rentable area (tsubo).
4) Calculate the average amount for each electric power company.
••

Non-office tenants such as retail, warehouse and computer room tenants are excluded.
Electricity consumed for the area other than the tenant's exclusive area, such as the commonarea lights and elevators, are excluded.

•NotesEnergy consumed for centrally-controlled air conditioners and gas heat pumps, wheretenant-by-tenant calculation is impossible, is excluded.

•The month of the data is the month of the meter reading, which is generally the 20th day ofeach month.

•Extraordinary amounts (too high, too low) are identified as outlier and excluded.

•The number of tenants varies month by month as tenants move in and out.

For the previous research, please refer to the report Electric Power Consumption by Office Tenants (December2015) released on March 4, 2016.

For questions on this report, please contact us.
Xymax Real Estate Institute
PHONE: +81 3 3596 1477 FAX: +81 3 3596 1478 info-rei@xymax.co.jp

Electric Power Consumption by Office Tenants (March2016)
All rights reserved. All the contents are as of the date of this report. Xymax Corporation does not guarantee the accuracy or completeness of the information herein.
Copying, quoting, forwarding, distributing, reprinting or any other use of this report is not allowed without prior permission from Xymax Corporation.
Copyright © 2016 Xymax Real Estate Institute Corporation. All rights reserved.

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