Citizen Watch

#3910

Rank

$1.75B

MarketCap JP

JP Japan

Country

Summary
Citizen Watch Co., Ltd. manufactures and sells watches and their components worldwide. It operates through four segments: Watches, Machine Tools, Devices and Components, and Electronic and Other Products. The company offers movements, system clocks, sliding headstock type CNC automatic lathes, fixed headstock type CNC automatic lathes, automotive components, compact switches, chip LEDs, LEDs for lighting, crystal devices, motors, digital photo printers, POS and barcode printers, electronic thermometers, and electronic blood pressure monitors. The company was formerly known as Citizen Holdings Co., Ltd., and changed its name to Citizen Watch Co., Ltd. in October 2016. Citizen Watch Co., Ltd. was founded in 1918 and is headquartered in Nishitokyo, Japan.

History

The company was founded in 1930 by Japanese and Swiss investors. It took over Shokosha Watch Research Institute and some facilities of the assembly plant opened in Yokohama in 1912 by the Swiss watchmaker Rodolphe Schmid.

The brand Citizen was first registered in Switzerland by Schmid in 1918 for watches he sold in Japan. The development of this brand was supported in the 1920s by Count Got? Shinpei with his hope that watches could become affordable to the general public. The growth of Citizen until World War II relied on technology transfer from Switzerland.


Mission
At Citizen, we strive to make products that bring enrichment, joy, and satisfaction to our customers. We are committed to creating premium products with high quality, durable materials and craftsmanship, in order to provide a lifetime of satisfaction.

Vision
We are dedicated to providing our customers with well-crafted, cutting-edge, products that can be relied upon for a lifetime. Our ambition is to be the world’s premier watch company, through commitment to innovation and excellence.

Key Team

Mr. Yoshiaki Miyamoto (GM of Gen. Affairs Division & Director)

Mr. Yoshitaka Oji (Managing Director)


Recognition and Awards
Citizen has won multiple awards over the years including GIA Global Innovation in Jewelry, WatchTime Magazine Design Awards, and the RedDot Design Awards.

References
Citizen Watch
Leadership team

Mr. Toshihiko Sato (CEO, Pres & Director)

Mr. Toshiyuki Furukawa (Managing Director)

Mr. Shinji Shirai (Sr. GM of Manufacturing Technology Division & Director)

Products/ Services
Jewelry, Retail
Number of Employees
1,000 - 20,000
Headquarters
New York, New York, United States
Established
1918
Net Income
100M - 500M
Revenue
Above - 1B
Traded as
7762.T
Social Media
Sun Mar 03 2024
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