Order value of new Shinkansen train carriages in Japan FY 2016-2023

Published by
Alexandru Arba,
Apr 8, 2025

In the fiscal year 2023, the value of new Shinkansen high-speed train carriages ordered in Japan amounted to around 104.1 billion Japanese yen, up from roughly 15 billion yen in the preceding fiscal year. The Japanese bullet train has been renowned worldwide for its reliability regarding speed, punctuality, and safety since its inauguration in 1964. Accordingly, Japanese manufacturers were able to export their technology to Taiwan, for example.

Order value of new Shinkansen high-speed train carriages in Japan from fiscal year 2016 to 2023 (in billion Japanese yen)

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Release date

March 2025

Region

Japan

Survey time period

fiscal years 2016 to 2023; the Japanese fiscal years run from April 1 of the stated year to March 31 of the following year

Special properties

ex-factory sales value including consumption tax

Supplementary notes

*Change in the number of surveyed businesses.

Figures prior to fiscal 2023 are from previous reports.
100 Japanese yen equal 0.67 U.S. dollars or 0.62 euros as of April 2025.

Figures have been rounded.

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