The Japanese Watch & Clock Industry in 2017
An Overview on Its Global Operation
Contents
Complete Watches
- 1-1 Development of Japanese Watch Export & Domestic Shipments in units
- 1-2 Development of Japanese Watch Export & Domestic Shipments in value
- 1-3 Development of Japanese Watch Exports by Type
- 1-4 2017 World Distribution of Japanese Watch Exports
- 1-5 Development of Japanese Watch Domestic Shipments by Type
Complete Clocks
- 2-1 Development of Japanese Clock Export & Domestic Shipments in units
- 2-2 Development of Japanese Clock Export & Domestic Shipments in value
- 2-3 Development of Japanese Clock Exports by Type
- 2-4 2017 World Distribution of Japanese Clock Exports
- 2-5 Development of Japanese Clock Domestic Shipments by Type
General notes for references
- 1. Japanese Global Operation (JGO) refers to business activities of Japan's watch & clock industry including overseas production and exports from overseas ports.
- 2. Figs. 1 through 8 and 9 through 16 are based on JCWA (Japan Clock & Watch Association) data.
- 3. Value is FOB amount for export. For domestic shipments, it is the selling amount for domestic clients minus domestic taxes.
- 4. AQ stands for Analog Quartz watches inclusive of Combination Quartz watches, DQ for Digital Quartz watches, and ME for mechanical watches.
*The data of 2016 was revised on 19 October 2017.
1-1 Development of Japanese Watch Export & Domestic Shipments in units
1-2 Development of Japanese Watch Export & Domestic Shipments in value
- The 2017 shipments of Japanese complete watches under JGO decreased in units by 3% amounting to 65.7 million units, and decreased in value by1% amounting to 260.2 billion yen, in relation to the previous year.
- An analysis by type in units in comparison with the previous year decreased by 3% for analog quartz, decreased by 3% for digital quartz and increased by 8% for mechanical watches respectively.
- For additional information, the 2017 total shipments of Japanese complete watches and watch movements under JGO, increased in units by 4% amounting to 507.5 million units, and decreased in value by 1% amounting to 323.6 billion yen, in relation to the previous year.
*Since numbers are rounded, calculated total is not always the same as indicated total number.
1-3 Development of Japanese Watch Exports by Type
1-4 2017 World Distribution of Japanese Watch Exports
- The 2017 exports of Japanese complete watches, decreased in units by 3% amounting to 56.9 million units, and in value almost same amount to 144.0 billion yen, in relation to the previous year.
- Regarding destination of exported Japanese complete watches, Asian area increased in value by 5%, but other areas showed decrease in value in relation to the previous year.
*Exports of products include those from overseas facilities and ports.
1-5 Development of Japanese Watch Domestic Shipments by Type
- The 2017 domestic shipments of Japanese complete watches decreased in units by 5% amounting to 8.9 million units, and decreased in value by 3% amounting to 116.2 billion yen, in relation to the previous year.
*Since numbers are rounded, calculated total is not always the same as indicated total number.
2-1 Development of Japanese Clock Export & Domestic Shipments in units
2-2 Development of Japanese Clock Export & Domestic Shipments in value
- Others refer to Instrument Panel Clock & clocks of a similar type for vehicles, aircraft, spacecraft, or vessels, and other clocks.
- The 2017 shipments of Japanese complete clocks under JGO decreased in units by 5%, amounting to14.6 million units, and decreased in value by 1% amounting to 28.3 billion yen, in relation to the previous year.
- An analysis by type in units in comparison with the previous year decreased by 3% for table clocks and decreased by 4% for wall clocks.
- For additional information, the 2017 total shipments of Japanese complete clocks and clock movements under JGO, decreased in units by 6% amounting to 16.8 million units, and decreased in value by 3% amounting to 29.0 billion yen, in relation to the previous year. relation to the previous year.
2-3 Development of Japanese Clock Exports by Type
2-4 2017 World Distribution of Japanese Clock Exports
- The 2017 exports of Japanese complete clocks (including those from overseas facilities and ports) decreased in units by 10% amounting to 3.4 million units, and decreased in value by 13% amounting to 4.3 billion yen, in relation to the previous year.
- Regarding destination of exported Japanese complete clocks, all area showed decrease in relation to the previous year.
*Exports of products include those from overseas facilities and ports.
*Since numbers are rounded, calculated total is not always the same as indicated total number.
2-5 Development of Japanese Clock Domestic Shipments by Type
- The 2017 domestic shipments of Japanese complete clocks decreased in units by 4% amounting to 11.3 million units and increased by 1% amounting to 24.0 billion yen in value, in relation to the previous year.
*Since numbers are rounded, calculated total is not always the same as indicated total number.