The Japanese Watch & Clock Industry in 2017
An Overview on Its Global Operation

Contents

Complete Watches

Complete Clocks

General notes for references

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

*The data of 2016 was revised on 19 October 2017.

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 2017 shipments of Japanese complete watches under JGO decreased in units by 3% amounting to 65.7 million units, and decreased in value by1% amounting to 260.2 billion yen, in relation to the previous year.
  • An analysis by type in units in comparison with the previous year decreased by 3% for analog quartz, decreased by 3% for digital quartz and increased by 8% for mechanical watches respectively.
  • For additional information, the 2017 total shipments of Japanese complete watches and watch movements under JGO, increased in units by 4% amounting to 507.5 million units, and decreased in value by 1% amounting to 323.6 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 2017 World Distribution of Japanese Watch Exports

1-4 2017 World Distribution of Japanese Watch Exports

  • The 2017 exports of Japanese complete watches, decreased in units by 3% amounting to 56.9 million units, and in value almost same amount to 144.0 billion yen, in relation to the previous year.
  • Regarding destination of exported Japanese complete watches, Asian area increased in value by 5%, but other areas showed decrease in value in relation to the previous year.

*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 2017 domestic shipments of Japanese complete watches decreased in units by 5% amounting to 8.9 million units, and decreased in value by 3% amounting to 116.2 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

  • Others refer to Instrument Panel Clock & clocks of a similar type for vehicles, aircraft, spacecraft, or vessels, and other clocks.
  • The 2017 shipments of Japanese complete clocks under JGO decreased in units by 5%, amounting to14.6 million units, and decreased in value by 1% amounting to 28.3 billion yen, in relation to the previous year.
  • An analysis by type in units in comparison with the previous year decreased by 3% for table clocks and decreased by 4% for wall clocks.
  • For additional information, the 2017 total shipments of Japanese complete clocks and clock movements under JGO, decreased in units by 6% amounting to 16.8 million units, and decreased in value by 3% amounting to 29.0 billion yen, in relation to the previous year. relation to the previous year.

2-3 Development of Japanese Clock Exports by Type

2-3 Development of Japanese Clock Exports by Type

2-4 2017 World Distribution of Japanese Clock Exports

2-4 2017 World Distribution of Japanese Clock Exports

  • The 2017 exports of Japanese complete clocks (including those from overseas facilities and ports) decreased in units by 10% amounting to 3.4 million units, and decreased in value by 13% amounting to 4.3 billion yen, in relation to the previous year.
  • Regarding destination of exported Japanese complete clocks, all area showed decrease in relation to the previous year.

*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 2017 domestic shipments of Japanese complete clocks decreased in units by 4% amounting to 11.3 million units and increased by 1% amounting to 24.0 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.