In the first quarter of fiscal year 2024, the value of orders received for the renovation of dwellings amounted to approximately 1.2 trillion Japanese yen, an increase of 4.3 percent compared to the same quarter of the previous year. The total value of orders received rose by nine percent year on year.
Quarterly order value for renovations and renewals of dwellings in Japan from fiscal year 2017 to 2024
(in billion Japanese yen)
Q1 2017 to Q1 2024; the Japanese fiscal year starts on April 1 of the stated year and ends on March 31 of the following year
Number of respondents
5,000 respondents
Special properties
among licensed construction companies that received orders as prime contractors*
Method of interview
Postal questionnaire
Supplementary notes
*Including all large-scale businesses and a randomly selected sample of other companies.
Renovation works surveyed include extension works (excluding the construction of separate buildings), partial reconstruction works (excluding full reconstructions), remodeling and renovation, as well as maintenance and repair works.
Figures prior to fiscal year 2022 are from previous reports.
100 Japanese yen equal 0.65 U.S. dollars or 0.6 euros as of November 2024.
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e-Stat (Japan). (September 10, 2024). Quarterly order value for renovations and renewals of dwellings in Japan from fiscal year 2017 to 2024 (in billion Japanese yen) [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1254666/japan-quarterly-order-value-home-renovations/
e-Stat (Japan). "Quarterly order value for renovations and renewals of dwellings in Japan from fiscal year 2017 to 2024 (in billion Japanese yen)." Chart. September 10, 2024. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1254666/japan-quarterly-order-value-home-renovations/
e-Stat (Japan). (2024). Quarterly order value for renovations and renewals of dwellings in Japan from fiscal year 2017 to 2024 (in billion Japanese yen). Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1254666/japan-quarterly-order-value-home-renovations/
e-Stat (Japan). "Quarterly Order Value for Renovations and Renewals of Dwellings in Japan from Fiscal Year 2017 to 2024 (in Billion Japanese Yen)." Statista, Statista Inc., 10 Sep 2024, https://www.statista.com/statistics/1254666/japan-quarterly-order-value-home-renovations/
e-Stat (Japan), Quarterly order value for renovations and renewals of dwellings in Japan from fiscal year 2017 to 2024 (in billion Japanese yen) Statista, https://www.statista.com/statistics/1254666/japan-quarterly-order-value-home-renovations/ (last visited November 21, 2024)
Quarterly order value for renovations and renewals of dwellings in Japan from fiscal year 2017 to 2024 (in billion Japanese yen) [Graph], e-Stat (Japan), September 10, 2024. [Online]. Available: https://www.statista.com/statistics/1254666/japan-quarterly-order-value-home-renovations/
