The Japanese Watch & Clock Industry in 2019
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 2019 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 2019 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 2019 shipments of Japanese complete watches under JGO increased in units by 4% amounting to 66 million units, and in value increased by 10% amounting to 285.3 billion yen, in relation to the previous year.
- An analysis by type in units in comparison with the previous year increased by 4% for analog quartz, increased by 3% for digital quartz and increased by 5% for mechanical watches respectively.
- For additional information, the 2019 total shipments of Japanese complete watches and watch movements under JGO, decreased in units by 10% amounting to 410 million units, and increased in value by 6% amounting to 338.8 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 2019 World Distribution of Japanese Watch Exports
- The 2019 exports of Japanese complete watches, increased in units by 5% amounting to 58 million units, and increased in value by 18% amounting to 163.7 billion yen, in relation to the previous year.
- Regarding destination of exported Japanese complete watches, Asian area increased by 25%, respectively, compared with the previous year, while those for all other regions increased.
*Exports of products include those from overseas facilities and ports.
1-5 Development of Japanese Watch Domestic Shipments by Type
- The 2019 domestic shipments of Japanese complete watches decreased in units by 3% amounting to 9 million units, and increased in value by 1% amounting to 121.6 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 (the same as the previous year's comparison).
- The 2019 shipments of Japanese complete clocks under JGO decreased in units by 7%, amounting to 10 million units, and decreased in value by 4% amounting to 19.5 billion yen, in relation to the previous year.
- An analysis by type in units in comparison with the previous year decreased by 7% for table clocks and decreased by 7% for wall clocks as well.
- For additional information, the 2019 total shipments of Japanese complete clocks and clock movements under JGO, decreased in units by 9% amounting to 11 million units, and decreased in value by 5% amounting to 19.9 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 2019 World Distribution of Japanese Clock Exports
- The 2019 exports of Japanese complete clocks (including those from overseas facilities and ports) decreased in units by 1% amounting to 2.6 million units, and decreased in value by 2% amounting to 3.6 billion yen, in relation to the previous year.
- By comparison of the major exported destinations of Japanese complete clocks in the previous year, North America areas increased by 11% and decreased by 9% for Asian 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 2019 domestic shipments of Japanese complete clocks decreased in units by 9% amounting to 7 million units and decreased by 5% amounting to 15.9 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.