The Japanese Watch & Clock Industry in 2002
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 2002 Japanese Watch Production: Type & Component Ratio (Complete Watches & Movements)

  • The 2002 total production of Japanese watches (complete watches and movements), including overseas production, increased in quantity by 3% amounting to 723 million units and decreased in value by 6% to 190.9 billion yen, in relation to the previous year.
  • An analysis of the units of watches by type shows an increase in analog quartz by 3% a decrease in digital quartz by 9% and a decrease in mechanical watches by 12%, in relation to the previous year.
  • As for component ratio by unit, analog quartz accounted for 96% of all the watches showing an increase by 1 point, digital quartz for 3% showing a decrease by 1 point 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 2002 Japanese Watch Exports: By Type (Complete Watches & Movements)

1-1-4 2002 World Distribution of Japanese Watch Exports (Complete Watches)

  • The 2002 total exports of Japanese complete watches and movements (including those from overseas facilities and ports) increased in quantity by 5% amounting to 682 million units and decreased in value by 3% to 187.8 billion yen, in relation to the previous year.
  • Regarding destination of exports of Japanese complete watches, exports to Asia increased and North America kept the same level but Europe, Middle East 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]

 

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

1-2-2 Japanese Position in 2002 World Watch Production [Estimates]

1-2-2 Japanese Position in 2002 World Watch Production [Estimates]

  • The 2002 world watch production is estimated to show a small increase in quantity amounting to 1,245 million units, in relation to the previous year.
  • The world watch production by type is estimated to show an increase in analog quartz by 5%, a decrease in digital quartz by 12% and a decrease in mechanical watches by 5%, in relation to the previous year.
  • As for component ratio by type, units of analog quartz increased in estimation by 4 points, digital quartz decreased by 3 points and mechanical watches decreased by 1 point, in relation to the previous year.
  • Japanese total watch production (consisting of complete watches and movements), including overseas production, is estimated to account for 58% of the world total watch production, showing an increase by 1 point in relation to the previous year. In the analog quartz business, Japanese watches are estimated to account for 71% of the world total, showing a decrease by 4 points in relation to 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 2002 Japanese Clock Production: (Complete Clocks & Movements)

2-1-2 2002 Japanese Clock Exports: (Complete Clocks & Movements)

  • The 2002 total production of Japanese clocks (complete clocks and movements), including overseas production, decreased in quantity by 12% amounting to 29 million units and decreased in value by 11% to 28.4 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 11 million units showing a drop by 14% from the previous year's mark. Exports in value decreased by 4% 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 2002 World Clock Production [Estimates]

  • The 2002 world clock production is estimated to decrease in quantity by around 9% amounting to 320 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.