OverviewSuggest Edit

Citizen Watch (formerly known as Citizen Holdings) is a company that manufactures and sells watches and their components. It operates five businesses: Watches, Machine Tools, Devices and Components, Electronic Products, and Other Products. The company offers watches and system clocks, CNC automatic lathes and turning machines, crystal devices, precision measuring instruments, submounts, ceramic parts, ferroelectric LCDs, compact automotive components, and combustion pressure sensors, printers, calculators, and electronic thermometers and blood pressure monitors, as well as jewelry products and leisure services.

TypePublic
Founded1918
HQTokyo, JP
Websitecitizen.co.jp
Employee Ratings3

Latest Updates

Employees (est.) (Mar 2020)19,593(-3%)
Revenue (FY, 2019)¥278.5 B(-13%)
Share Price (Nov 2021)¥465(-3%)
Cybersecurity ratingCMore
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Key People/Management at Citizen Watch

Toshihiko Sato

Toshihiko Sato

President & CEO
Norio Takeuchi

Norio Takeuchi

Managing Director
Toshiyuki Furukawa

Toshiyuki Furukawa

Director
Keiichi Nakajima

Keiichi Nakajima

Director
Shinji Shirai

Shinji Shirai

Director
Yoshitaka Ohji

Yoshitaka Ohji

Director
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Citizen Watch Office Locations

Citizen Watch has offices in Tokyo, Fujikawaguchiko, Fujiyoshida, Hidaka and in 34 other locations
Tokyo, JP (HQ)
6-1-12, Tanashi-cho, Nishi-ku
Fujiyoshida, JP
1-23-1 Kamikurechi
Fujiyoshida, JP
8 Chome Shimoyoshida
Hidaka, JP
712 Komahongo
Kawajima, JP
6-9 Hachiman, Hiki-gun
Koganei, JP
5-16-12 Maehara-cho
Show all (44)

Citizen Watch Financials and Metrics

Citizen Watch Revenue

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Citizen Watch's revenue was reported to be ¥278.53 b in FY, 2019 which is a 13.4% decrease from the previous period.
JPY

Revenue (FY, 2019)

278.5b

Revenue growth (FY, 2019 - FY, 2019), %

(13.4%)

Gross profit (FY, 2019)

101.1b

Gross profit margin (FY, 2019), %

36.3%

Net income (FY, 2019)

(17.5b)

EBIT (FY, 2019)

6.1b

Market capitalization (10-Nov-2021)

145.4b

Closing stock price (10-Nov-2021)

465.0

Cash (31-Mar-2020)

80.2b

EV

120.9b
Citizen Watch's current market capitalization is ¥145.4 b.
Annual
JPYFY, 2017FY, 2018FY, 2019

Revenue

320.0b321.7b278.5b

Revenue growth, %

1%(13%)

Cost of goods sold

195.7b198.1b177.4b

Gross profit

124.4b123.6b101.1b
Quarterly
JPYQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019

Revenue

72.7b80.7b90.9b74.5b79.9b93.4b69.9b74.5b80.5b

Cost of goods sold

44.9b48.6b53.5b45.5b49.0b55.4b43.7b46.4b49.8b

Gross profit

27.7b32.2b37.4b29.0b30.9b37.9b26.2b28.1b30.8b

Gross profit Margin, %

38%40%41%39%39%41%38%38%38%
Annual
JPYFY, 2017FY, 2018FY, 2019

Cash

92.1b86.9b80.2b

Accounts Receivable

62.0b64.1b43.3b

Inventories

90.5b98.2b101.2b

Current Assets

259.7b259.0b235.7b
Quarterly
Annual
JPYFY, 2017FY, 2018FY, 2019

Depreciation and Amortization

15.4b14.3b15.4b

Inventories

(6.7b)(7.1b)(4.1b)

Accounts Payable

2.7b(415.0m)(9.0b)

Cash From Operating Activities

32.5b19.9b17.3b
Quarterly
JPYQ2, 2017Q2, 2018Q2, 2019

Depreciation and Amortization

7.5b6.9b7.3b

Inventories

(10.1b)(10.7b)(9.5b)

Accounts Payable

6.1b1.2b(1.8b)

Cash From Operating Activities

13.0b2.5b4.6b
JPYQ1, 2018

Revenue/Employee

3.4m

Debt/Equity

0.2 x

Debt/Assets

0.1 x

Financial Leverage

1.6 x
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Citizen Watch Acquisitions / Subsidiaries

Company NameDateDeal Size
Frédérique ConstantMay 26, 2016
Prothor HoldingsApril 01, 2012
Miyano MachineryOctober 01, 2008
BulovaJanuary 10, 2008$250 m
CECOL, INC.
C-E (DEUTSCHLAND) GMBH.
C-E (HONG KONG) LTD.
CITIZEN CHIBA PRECISION CO., LTD.
CITIZEN (CHINA) PRECISION MACHINERY CO., LTD.
CITIZEN DE MEXICO, S.A. DE C.V.
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Citizen Watch Revenue Breakdown

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Citizen Watch revenue breakdown by business segment: 50.8% from Watches, 21.0% from Machine Tools, 20.1% from Devices and Components, 6.1% from Electronic Products and 2.0% from Other

Citizen Watch revenue breakdown by geographic segment: 35.5% from Japan, 28.0% from Asia, 19.9% from Americas, 16.1% from Europe and 0.6% from Other

Human Capital Metrics

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Citizen Watch Cybersecurity Score

Cybersecurity ratingPremium dataset

C

71/100

SecurityScorecard logo

Citizen Watch Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

50-59

out of 100

CSRHub logo

Citizen Watch Online and Social Media Presence

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Citizen Watch News and Updates

The Best Luxury Watch Cyber Monday Deals 2020: Citizen Watch, Rolex, Fossil & More Watch Savings Summarized by Deal Stripe

Save on luxury watch deals at the Cyber Monday sale, including the top Timex, Tissot, TAG Heuer, Omega & more watch offers

Luxury Watch Black Friday Deals 2020: Timex, Tissot, Citizen Watch, Omega, Rolex, Fossil & Tag Heuer Savings Researched by Retail Egg

The top Black Friday luxury watch deals for 2020, including Timex, Citizen Watch, Rolex and Fossil offers

Citizen Watch Frequently Asked Questions

  • When was Citizen Watch founded?

    Citizen Watch was founded in 1918.

  • Who are Citizen Watch key executives?

    Citizen Watch's key executives are Toshihiko Sato, Norio Takeuchi and Toshiyuki Furukawa.

  • How many employees does Citizen Watch have?

    Citizen Watch has 19,593 employees.

  • What is Citizen Watch revenue?

    Latest Citizen Watch annual revenue is ¥278.5 b.

  • What is Citizen Watch revenue per employee?

    Latest Citizen Watch revenue per employee is ¥14.2 m.

  • Who are Citizen Watch competitors?

    Competitors of Citizen Watch include Casio, Swatch Group and Seiko.

  • Where is Citizen Watch headquarters?

    Citizen Watch headquarters is located at 6-1-12, Tanashi-cho, Nishi-ku, Tokyo.

  • Where are Citizen Watch offices?

    Citizen Watch has offices in Tokyo, Fujikawaguchiko, Fujiyoshida, Hidaka and in 34 other locations.

  • How many offices does Citizen Watch have?

    Citizen Watch has 44 offices.