The Japanese Watch & Clock Industry in 2019
An Overview on Its Global Operation

Contents

Complete Watches

Complete Clocks

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.

1-1 Development of Japanese Watch Export & Domestic Shipments in units

1-1 Development of Japanese Watch Export & Domestic Shipments in units

1-2 Development of Japanese Watch Export & Domestic Shipments in value

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

1-3 Development of Japanese Watch Exports by Type

1-4 2019 World Distribution of Japanese Watch Exports

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

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

2-1 Development of Japanese Clock Export & Domestic Shipments in units

2-2 Development of Japanese Clock Export & Domestic Shipments in value

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

2-3 Development of Japanese Clock Exports by Type

2-4 2019 World Distribution of Japanese Clock Exports

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

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.