The Japanese Watch & Clock Industry in 2018
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 2018 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 2018 World Distribution of Japanese Clock Exports
- 2-5 Development of Japanese Clock Domestic Shipments by Type
General notes for references
- Japanese Global Operation (JGO) refers to business activities of Japan's watch & clock industry including overseas production and exports from overseas ports.
- Figs. 1 through 8 and 9 through 16 are based on JCWA (Japan Clock & Watch Association) data.
- Value is FOB amount for export. For domestic shipments, it is the selling amount for domestic clients minus domestic taxes.
- AQ stands for Analog Quartz watches inclusive of Combination Quartz watches, DQ for Digital Quartz watches, and ME for mechanical watches.
1-1 Development of Japanese Watch Export & Domestic Shipments in units
1-2 Development of Japanese Watch Export & Domestic Shipments in value
- The 2018 shipments of Japanese complete watches under JGO decreased in units by 3% amounting to 63.9 million units, and in value almost same amounting to 260 billion yen, in relation to the previous year.
- An analysis by type in units in comparison with the previous year decreased by 6% for analog quartz, increased by 4% for digital quartz and increased by 11% for mechanical watches respectively.
- For additional information, the 2018 total shipments of Japanese complete watches and watch movements under JGO, decreased in units by 10% amounting to 455.7 million units, and decreased in value by 2% amounting to 318.7 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 2018 World Distribution of Japanese Watch Exports
- The 2018 exports of Japanese complete watches, decreased in units by 3% amounting to 55 million units, and decreased in value by 3% amounting to 139.3 billion yen, in relation to the previous year.
- Regarding destination of exported Japanese complete watches, Asian area increased by 5%, respectively, compared with the previous year, while those for all other regions declined.
*Exports of products include those from overseas facilities and ports.
1-5 Development of Japanese Watch Domestic Shipments by Type
- The 2018 domestic shipments of Japanese complete watches decreased in units almost same amounting to 8.9 million units, and increased in value by 4% amounting to 120.7 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
- It does not include instrument panel clocks and clocks of similar type for vehicles, aircraft, spacecraft, or vessels, and others from this year (the same as the previous year's comparison).
- The 2018 shipments of Japanese complete clocks under JGO decreased in units by 12%, amounting to10.2 million units, and decreased in value by 8% amounting to 20.4 billion yen, in relation to the previous year.
- An analysis by type in units in comparison with the previous year decreased by 15% for table clocks and decreased by 8% for wall clocks.
- For additional information, the 2018 total shipments of Japanese complete clocks and clock movements under JGO, decreased in units by 14% amounting to 12 million units, and decreased in value by 9% amounting to 20.9 billion yen, in relation to the previous year.
*Since numbers are rounded, calculated total is not always the same as indicated total number.
2-3 Development of Japanese Clock Exports by Type
2-4 2018 World Distribution of Japanese Clock Exports
- The 2018 exports of Japanese complete clocks (including those from overseas facilities and ports) decreased in units by 20% amounting to 2.7 million units, and decreased in value by 13% amounting to 3.7 billion yen, in relation to the previous year.
- By comparison of the major exported destinations of Japanese complete clocks in the previous year, Central & South America areas increased by 29% and decreased for the other major regions.
*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 2018 domestic shipments of Japanese complete clocks decreased in units by 9% amounting to 7.6 million units and decreased by 6% amounting to 16.7 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.