Six years later, the group organized itself as a corporation, Citizen Watch Co., Ltd., to facilitate marketing of its products, under President Yosaburo Nakajima. In 1924 the institute manufactured its first pocket watch. About 45 percent of Citizen's net sales are derived from watches and watch parts, with about nine percent from clocks and jewelry, about 17 percent from information products, about 15 percent from electronic products, and about ten percent from industrial machinery.Ĭitizen began in Tokyo in 1918 as a horological research center, the Shokosha Watch Research Institute. Although watches remain the mainstay of the company's operations, Citizen has increasingly diversified its product lines since the late 1960s, expanding into clocks, jewelry, and eyeglass frames computers, printers, and floppy disk drives small televisions, electronic health care equipment (such as thermometers and blood pressure monitors), and other electronic devices and precision lathes, assembly robots, measuring instruments, and other industrial machinery. is the world's largest watchmaker, responsible for about 22 percent of total world watch production, which in fiscal 1996 amounted to 240 million watches.
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