In the second quarter of fiscal year 2024, the value of orders received for the renovation of dwellings amounted to approximately one trillion Japanese yen, a decline of 10.1 percent compared to the same quarter of the previous year. The total value of orders received in the fiscal year 2023 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 Q2 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 0.67 U.S. dollars or 0.63 euros as of December 2024.
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e-Stat (Japan). (December 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 December 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. December 10, 2024. Statista. Accessed December 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: December 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 Dec 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 December 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), December 10, 2024. [Online]. Available: https://www.statista.com/statistics/1254666/japan-quarterly-order-value-home-renovations/
