The Japanese Watch & Clock Industry in 2020
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 2020 shipments of Japanese complete watches under JGO decreased in units by 33% amounting to 44 million units, and in value decreased by 30% amounting to 200.4 billion yen, in relation to the previous year.
  • An analysis by type in units in comparison with the previous year decreased by 35% for analog quartz, decreased by 30% for digital quartz and decreased by 21% for mechanical watches respectively.
  • For additional information, the 2020 total shipments of Japanese complete watches and watch movements under JGO, decreased in units by 44% amounting to 231 million units, and decreased in value by 31% amounting to 233.5 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 2020 World Distribution of Japanese Watch Exports

1-4 2020 World Distribution of Japanese Watch Exports

  • The 2020 exports of Japanese complete watches, decreased in units by 33% amounting to 39 million units, and decreased in value by 25% amounting to 123.2 billion yen, in relation to the previous year.
  • Regarding destination of exported Japanese complete watches, Asian area decreased by 21%, respectively, compared with the previous year, while those for all other regions decreased.

*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 2020 domestic shipments of Japanese complete watches decreased in units by 37% amounting to 5 million units, and decreased in value by 36% amounting to 77.2 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 (the same as the previous year's comparison).
  • The 2020 shipments of Japanese complete clocks under JGO decreased in units by 16%, amounting to 8 million units, and decreased in value by 12% amounting to 17.2 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 18% for wall clocks as well.
  • For additional information, the 2020 total shipments of Japanese complete clocks and clock movements under JGO, decreased in units by 16% amounting to 9 million units, and decreased in value by 12% amounting to 17.4 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 2020 World Distribution of Japanese Clock Exports

2-4 2020 World Distribution of Japanese Clock Exports

  • The 2020 exports of Japanese complete clocks (including those from overseas facilities and ports) decreased in units by 23% amounting to 2 million units, and decreased in value by 26% amounting to 2.7 billion yen, in relation to the previous year.
  • By comparison of the major exported destinations of Japanese complete clocks in the previous year, North America areas decreased by 28% and decreased by 20% for Asian 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 2020 domestic shipments of Japanese complete clocks decreased in units by 13% amounting to 6 million units and decreased by 9% amounting to 14.5 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.