
Top Page>The Japanese Watch & Clock Industry in 2004 An Outlook on its Global Operation
The Japanese Watch & Clock Industry in 2004 An Outlook on its Global Operation
[Contents]
Chapter 1 Overview of Japanese & World Watch Industry
1-1 Japanese Watch Production & Exports in Global Operation
1-1-1 Development of Japanese Watch Production: By Type
(Complete Watches & Movements)

1-1-2 2004 Japanese Watch Production: Type &
Component Ratio (Complete Watches & Movements)

- The 2004 total production of Japanese watches (complete watches and movements), including overseas
production, decreased in quantity by 4% amounting to 739 million units and decreased in value by 4% to
178.3 billion yen, in relation to the previous year.
- An analysis of the units of watches by type shows a decrease in analog quartz by 4%, an increase in
digital quartz by 4% and an increase in mechanical watches by 22%, in relation to the previous year.
- As for component ratio by unit, analog quartz accounted for 96% of all the watches, digital quartz for 3%
and mechanical watches for 1%, keeping the 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.
(Ref. *) : Statistics items of watches were revised in 2001.
1-1-3 2004 Japanese Watch Exports: By Type
(Complete Watches & Movements)

1-1-4 2004 World Distribution of Japanese Watch Exports
(Complete Watches)

- The 2004 total exports of Japanese complete watches and movements (including those from overseas
facilities and ports) decreased in quantity by 3% amounting to 712 million units and decreased in value
by 5% to 172.9 billion yen, in relation to the previous year.
- Regarding destination of exports of Japanese complete watches, exports to North America ,Central &
South America, and Middle East increased, but those to Europe decreased in quantity, while exports to
Asia keeping the same level as the comparable figures last 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 2004 World Watch Production (Estimates)

- The 2004 world watch production is estimated to show an increase in quantity by 4% amounting to 1,345
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 1% and an increase in mechanical watches by 6%, in relation to the previous year.
- As for component ratio by type, analog quartz is estimated to account for 80% of all the watches, digital quartz for 19% and mechanical watches for 1%, keeping the same level as the comparable figures last year.
- Japanese total watch production (consisting of complete watches and movements), including overseas production, is estimated to account for 55% of the world total watch production, showing a decrease by 4 points in relation to the previous year. In the analog quartz business, Japanese watches are estimated to account for 66% of the world total, showing a decrease by 6 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 2004 Japanese Clock Production: (Complete Clocks & Movements)
2-1-2 2004 Japanese Clock Exports: (Complete Clocks & Movements)

- The 2004 total production of Japanese clocks (complete clocks and movements), including overseas production, decreased in quantity by 1% amounting to 25 million units and decreased in value by 5% to 25.5 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 11 million units showing a drop by 3% from the previous year's mark. Exports in value decreased by 9% amounting to 6.3 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 2004 World Clock Production (Estimates)

- The 2004 world clock production is estimated to increase in quantity by around 14% amounting to 410
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, showing a decrease by 1 point in relation to the previous 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.
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