The Japanese Watch & Clock Industry in 2015
An Overview on Its Global Operation

Contents

Complete Watches

Complete Clocks

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.

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 2015 shipments of Japanese complete watches under JGO increased in units by 1% amounting to 68.7 million units, and increased in value by 15% amounting to 286.3 billion yen, in relation to the previous year.
  • An analysis by type in units in comparison with the previous year shows +1% for analog quartz, +1% for digital quartz and -12% for mechanical watches respectively.
  • For additional information, the 2015 total shipments of Japanese complete watches and watch movements under JGO decreased in units by 9% amounting to 516 million units, and increased in value by 13% amounting to 361.2 billion yen, in relation to the previous year.

1-3 Development of Japanese Watch Exports by Type

1-3 Development of Japanese Watch Exports by Type

1-4 2015 World Distribution of Japanese Watch Exports

1-4 2015 World Distribution of Japanese Watch Exports

  • The 2015 exports of Japanese complete watches decreased in units by 1% amounting to 59.5 million units, and increased in value by 11% amounting to 157.3 billion yen, in relation to the previous year.
  • Regarding destination of exported Japanese complete watches, North America, Europe and Asia show increase 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

1-5 Development of Japanese Watch Domestic Shipments by Type

  • The 2015 domestic shipments of Japanese complete watches increased in units by 15% amounting to 9.2 million units, and increased in value by 21% amounting to 129.0 billion yen, in relation to the previous year.
  • The shipment share of radio controlled watches against all watches was 25% in units, and 43% in value.

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

  • Others refer to Instrument Panel Clock & clocks of a similar type for vehicles, aircraft, spacecraft, or vessels, and other clocks.
  • The 2015 shipments of Japanese complete clocks under JGO decreased in units by 1% amounting to 15.9 million units, and increased in value by 4% amounting to 28.9 billion yen, in relation to the previous year.
  • An analysis by type in units in comparison with the previous year shows -8% for table clocks and -2% for wall clocks.
  • For additional information, the 2015 total shipments of Japanese complete clocks and clock movements under JGO decreased in units by 7% amounting to 18.7 million units, and increased in value by 5% amounting to 30.2 billion yen, in relation to the previous year.

2-3 Development of Japanese Clock Exports by Type

2-3 Development of Japanese Clock Exports by Type

2-4 2015 World Distribution of Japanese Clock Exports

2-4 2015 World Distribution of Japanese Clock Exports

  • The 2015 exports of Japanese complete clocks (including those from overseas facilities and ports) decreased in units by 8% amounting to 3.7 million units, and increased in value by 8% amounting to 5.3 billion yen, in relation to the previous year.
  • Regarding destination of exported Japanese complete clocks, North America and Asia show increase in value in relation to the previous year.

Exports of products include those from overseas facilities and ports.

2-5 Development of Japanese Clock Domestic Shipments by Type

2-5 Development of Japanese Clock Domestic Shipments by Type

  • The 2015 domestic shipments of Japanese complete clocks increased in units by 2% amounting to 12.2 million units and increased by 4% amounting to 23.6 billion yen in value, in relation to the previous year.
  • The shipment share of radio controlled clocks against all clocks was 37% in units, and 53% in value.

General notes for references

  1. Figs. 1 through 8 and 9 through 16 are based on JCWA (Japan Clock & Watch Association) data.
  2. Value is FOB amount for export. For domestic shipments, it is the selling amount for domestic clients minus domestic taxes.
  3. AQ stands for Analog Quartz watches inclusive of Combination Quartz watches, DQ for Digital Quartz watches, and ME for mechanical watches.