The Japanese Watch & Clock Industry in 2001
An Outlook on its Global Operation

Contents

Chapter 1: Overview of Japanese & World Watch Industry

1-1 Japanese Watch Production & Exports in Global Operation

1-2 Japanese Position in World Perspective

Chapter 2: Overview of Japanese & World Clock Industry

2-1 Japanese Clock Production & Exports in Global Operation

2-2 Japanese Position in World Perspective

Chapter 1: Overview of Japanese & World Watch Industry

1-1 Japanese Watch Production & Exports in Global Operation

1-1-1 Development of Japanese Watch Production: By Type (Complete Watches & Movements)

1-1-2 2001 Japanese Watch Production: Type & Component Ratio (Complete Watches & Movements)

  • The 2001 total production of Japanese watches (complete watches and movements), including overseas production, decreased in quantity by 4% amounting to 704 million units and also in value by 6% to 202.8 billion yen, in relation to the previous year.
  • An analysis of the units of watches by type shows a decrease in analog quartz by 1% a decrease in digital quartz by 38% and a decrease in mechanical watches by 30%, in relation to the previous year.
  • As for component ratio by unit, analog quartz accounted for 95% of all the watches showing an increase by 2 points, digital quartz for 4% showing a decrease 2 points and mechanical watches for 1% keeping the same level as the comparable figure last year.
  • Japanese Global Operation (JGO) refers to business activities of Japan's watch industry including overseas production and exports from overseas ports.
  • Figs. 1 through 3 are based on JCWA (Japan Clock & Watch Association) data.
  • Figures in parentheses in Figs. 2 and 3 show variations in points by comparison with the previous year.
  • (Ref. *): Statistics items of watches were revised in 2001.

1-1-3 2001 Japanese Watch Exports: By Type (Complete Watches & Movements)

1-1-4 2001 World Distribution of Japanese Watch Exports (Complete Watches)

  • The 2001 total exports of Japanese complete watches and movements (including those from overseas facilities and ports) decreased in quantity by 4% amounting to 653 million units and also in value by 3% to 197.2 billion yen, in relation to the previous year.
  • Regarding destination of exports of Japanese complete watches, exports to Middle East increased and Europe kept the same level but Asia, North America and Latin America decreased in quantity, in relation to the previous year.
  • Figs. 4 through 7 are based on JCWA data.
  • Figures in parentheses in Figs. 4 through 7 show variations in points by comparison with the previous year.

1-2 Japanese Position in World Perspective

1-2-1 Development of World Watch Production: By Type [Estimates]

1-2-2 Japanese Position in 2001 World Watch Production [Estimates]

  • The 2001 world watch production is estimated to decrease in quantity amounting to 1,240 million units, in relation to the previous year.
  • The world watch production by type is estimated to show a decrease in analog quartz by 1%, a decrease in digital quartz by 5% and a decrease in mechanical watches by 14%, in relation to the previous year.
  • As for component ratio by type, units of analog quartz increased in estimation by 1 point, digital quartz decreased by 1 point and mechanical watches kept the same level as the previous year.
  • Japanese total watch production (consisting of complete watches and movements), including overseas production, is estimated to account for 57% of the world total watch production, showing a decrease by 1 point in relation to the previous year. In the analog quartz business, Japanese watches are estimated to account for 75% of the world total, keeping the same level as the previous year.
  • JGO refers to Japanese Global Operation.
  • WP refers to World Production.
  • Note that there is no official data on world watch production. The above figures are estimates by JCWA.
  • Figures in parentheses in Figs. 9 through 11 show variations in points by comparison with the previous year.

Chapter 2 Overview of Japanese & World Clock Industry

2-1 Japanese Clock Production & Exports in Global Operation

2-1-1 2001 Japanese Clock Production: (Complete Clocks & Movements)

2-1-2 2001 Japanese Clock Exports: (Complete Clocks & Movements)

  • The 2001 total production of Japanese clocks (complete clocks and movements), including overseas production, decreased in quantity by 8% amounting to 31 million units and also in value by 11% to 31.5 billion yen, in relation to the previous year.
  • Total exports of Japanese complete clocks and movements (including those from overseas facilities and ports) decreased in quantity to 12 million units showing a drop by 14% from the previous year's mark. Exports in value increased by 2% amounting to 6.4 billion yen, in relation to the previous year.
  • Japanese Global Operation(JGO) refers to business activities of Japan's clock industry including overseas production and exports from overseas ports.
  • Figs. 12 through 15 are based on JCWA data.
  • Figures in parentheses in Figs. 12 through 15 show variations in points by comparison with the previous year.

2-2 Japanese Position in World Perspective

2-2-1 Development of World Clock Production [Estimates]

2-2-2 Japanese Position in 2001 World Clock Production [Estimates]

  • The 2001 world clock production is estimated to decrease in quantity by around 10% amounting to 350 million units.
  • Japanese total production of complete clocks and movements including overseas production is estimated to account for around 9% of the world total clock production, keeping the same level as the previous year's mark.
  • JGO refers to Japanese Global Operation.
  • Note that there is no official data on world clock production. The above figures are estimates by JCWA.
  • Figure in parentheses in Fig. 17 shows a variation in points by comparison with the previous year.