Quarterly home renovation order value in Japan FY 2017-2023

Published by Statista Research Department, Mar 26, 2024

In the third quarter of fiscal year 2023, the value of orders received for the renovation of dwellings amounted to approximately 929.8 billion Japanese yen, a decline of 0.8 percent compared to the same quarter of the previous year. The total value of orders received in the previous fiscal year 2022 amounted to 3.92 trillion yen.

Quarterly order value for renovations and renewals of dwellings in Japan from fiscal year 2017 to 2023 (in billion Japanese yen)

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Release date

March 2024

Region

Japan

Survey time period

Q1 2017 to Q3 2023; 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 2021 are from previous reports.

100 Japanese yen equal 0.67 U.S. dollars or 0.61 euros as of March 2024.

Values have been rounded.

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