It was found that the amount of credit card payments used for shopping by foreign tourists who visited Japan in December was significantly higher than before the spread of the new corona infection.
A private think tank that conducted a survey analyzed that this was due to an increase in purchases of branded goods due to the first trip to Japan in three years and the depreciation of the yen.
The Japan Research Institute, in collaboration with a major credit card company, calculated the amount of payments per credit card for foreign tourists who visited Japan during the month of December.
According to this, compared to December 2019 before the corona crisis,
the number of tourists from Taiwan increased 2.3 times,
▽ Thailand 1.9 times,
▽ Australia 1.8 times,
▽ China and the United Kingdom etc. is 1.7 times.
In addition,
it was found that there was a significant increase regardless of the country or region , such as ▽
1.6 times in the United States and
▽ 1.4 times in South Korea .
Of these, the amount of payments made at brand stores that handle rings, bags, wallets, etc. was
4.8 times higher for tourists from Taiwan and the United States,
4.1 times higher for tourists from China, and 4.1 higher for
travelers from Thailand. It stands out twice as much.
According to the Japan Research Institute, "There is a movement of so-called revenge consumption, mainly on expensive products against the backdrop of the first trip to Japan in three years and the depreciation of the yen."