The Japanese Watch & Clock Industry in 2005
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 2005 Japanese Watch Production: Type & Component Ratio (Complete Watches & Movements)

  • The 2005 total production of Japanese watches (complete watches and movements), including overseas production, decreased in quantity by 2% amounting to 724 million units and decreased in value by 5% to 170.1 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%, in digital quartz by 17% and in mechanical watches by 1%, in relation to the previous year.
  • As for component ratio by unit, analog quartz accounted for 97% of all the watches, digital quartz for 3% and mechanical watches for 0%, keeping the almost same level as the comparable figures 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.

1-1-3 2005 Japanese Watch Exports: By Type (Complete Watches & Movements)

1-1-4 2005 World Distribution of Japanese Watch Exports (Complete Watches)

  • The 2005 total exports of Japanese complete watches and movements (including those from overseas facilities and ports) decreased in quantity by 2% amounting to 700 million units and decreased in value by 5% to 164.9 billion yen, in relation to the previous year.
  • Regarding destination of exports of Japanese complete watches, exports to Asia, and Central & South America increased, but those to Middle East, North America, and Europe 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 apanese Position in 2005 World Watch Production (Estimates)

  • The 2005 world watch production is estimated to show a decrease in quantity by 7% amounting to 1,250 million units, in relation to the previous year.
  • The world watch production by type is estimated to show a decrease in analog quartz by 5%, a decrease in digital quartz by 19% and an increase in mechanical watches by 11%, in relation to the previous year.
  • As for component ratio by type, analog quartz increased in estimation by 2 points, digital quartz decreased by 3 points, and mechanical watches increased 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 3 points in relation to the previous year. In the analog quartz business, Japanese watches are estimated to account for 68% of the world total, showing an increase by 2 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 2005 Japanese Clock Production: (Complete Clocks & Movements)

2-1-2 2005 Japanese Clock Exports: (Complete Clocks & Movements)

  • The 2005 total production of Japanese clocks (complete clocks and movements), including overseas production, increased in quantity by 7% amounting to 27 million units and in value by 4% to 27.0 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 10 million units showing a drop by 9% from the previous year's mark. Exports in value decreased by 5% amounting to 6.0 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 2005 World Clock Production (Estimates)

  • The 2005 world clock production is estimated to show an increase in quantity by around 9% amounting to 445 million units.
  • Japanese total production of complete clocks and movements including overseas production is estimated to account for around 6% of the world total clock production, keeping the same level as the comparable figure of last year.
  • 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.