The Japanese Watch & Clock Industry in 2018
An Overview on Its Global Operation

Contents

Complete Watches

Complete Clocks

General notes for references

  1. Japanese Global Operation (JGO) refers to business activities of Japan's watch & clock industry including overseas production and exports from overseas ports.
  2. Figs. 1 through 8 and 9 through 16 are based on JCWA (Japan Clock & Watch Association) data.
  3. Value is FOB amount for export. For domestic shipments, it is the selling amount for domestic clients minus domestic taxes.
  4. AQ stands for Analog Quartz watches inclusive of Combination Quartz watches, DQ for Digital Quartz watches, and ME for mechanical watches.

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 2018 shipments of Japanese complete watches under JGO decreased in units by 3% amounting to 63.9 million units, and in value almost same amounting to 260 billion yen, in relation to the previous year.
  • An analysis by type in units in comparison with the previous year decreased by 6% for analog quartz, increased by 4% for digital quartz and increased by 11% for mechanical watches respectively.
  • For additional information, the 2018 total shipments of Japanese complete watches and watch movements under JGO, decreased in units by 10% amounting to 455.7 million units, and decreased in value by 2% amounting to 318.7 billion yen, in relation to the previous year.

*Since numbers are rounded, calculated total is not always the same as indicated total number.

1-3 Development of Japanese Watch Exports by Type

1-3 Development of Japanese Watch Exports by Type

1-4 2018 World Distribution of Japanese Watch Exports

1-4 2018 World Distribution of Japanese Watch Exports

  • The 2018 exports of Japanese complete watches, decreased in units by 3% amounting to 55 million units, and decreased in value by 3% amounting to 139.3 billion yen, in relation to the previous year.
  • Regarding destination of exported Japanese complete watches, Asian area increased by 5%, respectively, compared with the previous year, while those for all other regions declined.

*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 2018 domestic shipments of Japanese complete watches decreased in units almost same amounting to 8.9 million units, and increased in value by 4% amounting to 120.7 billion yen, in relation to the previous year.

*Since numbers are rounded, calculated total is not always the same as indicated total number.

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

  • It does not include instrument panel clocks and clocks of similar type for vehicles, aircraft, spacecraft, or vessels, and others from this year (the same as the previous year's comparison).
  • The 2018 shipments of Japanese complete clocks under JGO decreased in units by 12%, amounting to10.2 million units, and decreased in value by 8% amounting to 20.4 billion yen, in relation to the previous year.
  • An analysis by type in units in comparison with the previous year decreased by 15% for table clocks and decreased by 8% for wall clocks.
  • For additional information, the 2018 total shipments of Japanese complete clocks and clock movements under JGO, decreased in units by 14% amounting to 12 million units, and decreased in value by 9% amounting to 20.9 billion yen, in relation to the previous year.

*Since numbers are rounded, calculated total is not always the same as indicated total number.

2-3 Development of Japanese Clock Exports by Type

2-3 Development of Japanese Clock Exports by Type

2-4 2018 World Distribution of Japanese Clock Exports

2-4 2018 World Distribution of Japanese Clock Exports

  • The 2018 exports of Japanese complete clocks (including those from overseas facilities and ports) decreased in units by 20% amounting to 2.7 million units, and decreased in value by 13% amounting to 3.7 billion yen, in relation to the previous year.
  • By comparison of the major exported destinations of Japanese complete clocks in the previous year, Central & South America areas increased by 29% and decreased for the other major regions.

*Exports of products include those from overseas facilities and ports.

*Since numbers are rounded, calculated total is not always the same as indicated total number.

2-5 Development of Japanese Clock Domestic Shipments by Type

2-5 Development of Japanese Clock Domestic Shipments by Type

  • The 2018 domestic shipments of Japanese complete clocks decreased in units by 9% amounting to 7.6 million units and decreased by 6% amounting to 16.7 billion yen in value, in relation to the previous year.

*Since numbers are rounded, calculated total is not always the same as indicated total number.