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Home > Company Index > Consumer Products-Durables  > Jewelry, Watches & Clocks > Citizen Watch Co., Ltd.

Citizen Watch Co., Ltd.
 PROFILE
Timing isn't everything for Citizen Watch Co. One of the world's leading makers of watches, the company also produces electronics (such as PC cards, printers, quartz oscillators, thermometers, and blood pressure monitors) and machine tools. Wristwatches, clocks, and jewelry account for about half of Citizen's sales. Trying to please a variety of time-watchers, Citizen makes watches for pilots, divers, and sailors; it also offers an expanding line of Eco-Drive light-powered watches. Eco-Drive watches account for a growing portion of the company's watch business in Japan, its largest market. About two-thirds of Citizen's sales come from Asia; the rest come primarily from the Americas and Europe.

 COMPETITION
Seiko Corporation (8050)
The Swatch Group Ltd. (UHRZ)
Timex Corporation (dossier)

 FINANCIAL OVERVIEW
Fiscal Year-End: March
2000 Sales (mil.): 3,270.20
1-Yr. Sales Growth: 7.8%
Employees: 17,530
Revenue per employee: $186,548.77

 KEY PEOPLE
• Hiroshi Haruta
    CEO
• Mike Calev
    CFO

 CONTACT INFO
28F, Shinjuku Mitsui Building
Tokyo 163-0428, Japan
Phone: 81-3-3342-1231
Fax: 81-3-3342-1280
Online: Web Site

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