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Major housing construction companies in Japan FY 2018, based on unit sales

With approximately 48.4 thousand units sold in fiscal year 2018, Daiwa House Industry Co., Ltd. recorded the highest unit sales among the leading housing construction companies in Japan. Sekisui House, Ltd. ranked second with approximately 43.7 thousand houses sold during that fiscal year.

Dwelling houses in Japan

In the fiscal years from 2010 to 2018, new construction starts for dwellings in Japan fluctuated between about 820 and 950 thousand per year, which was consistently lower than during the years leading up to the recession of 2009. Japanese homes are known for their relatively short life span, which is said to average about 25 to 30 years. Recently, however, the reconstruction rate of new dwelling houses decreased notably, partly due to an increased consciousness of the waste generated by the scrap and build approach that is usually associated with Japanese housing construction.

Industry faces a bleak future

It is expected that the Japanese population will fall from more than 125 million in 2020 to around 100 million by 2050. As Japan’s population continues to shrink and the country’s leadership remains comparably strict on immigration, further depopulation of rural areas will lead to more and more homes becoming vacant. Already today, Japan has several million unoccupied homes. The demographic change is likely to impact the supply side as well, as fewer young people will enter the construction industry, thus increasing the already apparent shortage of workers.

Leading housing construction companies in Japan in fiscal year 2018, based on unit sales

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Sources

Release date

September 2019

Region

Japan

Survey time period

fiscal year 2018; the Japanese fiscal year runs from April 1 to March 31 of the following year

Supplementary notes

Figures for Sumitomo Forestry and Toyota Housing are consolidated base, others are non-consolidated base.
Values have been rounded.

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Statistics on "Real estate in Japan"

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