The market share for wristwatches in Japan was put out by Nikkei.
The domestic output, including movements supplied to other products was down.
Citizen Watch's strategy is to keep unit prices high instead of making more and selling them cheaper.
Seiko watch on the other hand produced more value added movements for supply to other firms.
Citizen and Seiko hold more than 905 of the market in Japan.
Casio and Orient specialize in finished watches.
Wristwatches
Rank Company Name Share Point
Change Share Change
1 Citizen Holdings 53.1 -5.5
2 Seiko group 40.1 5.0
3 Ricoh Elemex 1.3 -0.1
4 Casio Computer 0.7 0.0
5 Orient Watch 0.1 0.0
What kind of wristwatch do you have?
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