Watches
Here we outline our four businesses, through which we contribute widely to the lives of people around the world.
Machine tools
Citizen began production of machine tools in 1936, utilizing the technologies and know-how developed through the manufacture of watch parts. Our products contribute to the development of manufacturing industries all over the world.
Corporate Philosophy
Loved by citizens, working for citizens.
CITIZEN's corporate philosophy, "Loved by citizens, working for citizens" is to
deeply contribute to the lives of people around the world through the manufacturing of products that are loved and trusted by citizens.
Message From President & CEO
Crafting a new tomorrow Towards sustainable value creation
IR Library
CITIZEN REPORT(Integrated Report)
Top Management
By further promoting sustainable management, we aim to become a company that can create value sustainably
Sustainability Management
CITIZEN Group’s Sustainable Management
- TOP
- Investor Relations
- Ratings & Bonds
Ratings & Bonds
Ratings
| Rating Agency | Rating | Rating Explanation（Excerpt) |
|---|---|---|
| Rating and Investment Information, Inc.(R&I) | A ＜Stable＞ | High creditworthiness supported by a few excellent factors. |
| Rating Agency | Rating and Investment Information, Inc.(R&I) |
|---|---|
| Rating | A ＜Stable＞ |
| Rating Explanation（Excerpt) | High creditworthiness supported by a few excellent factors. |
For more details,please refer to the following rating agency's website.
Rating and Investment Information, Inc.(R&I) 
Rating Definitions
| AAA | Highest creditworthiness supported by many excellent factors. |
| AA | Very high creditworthiness supported by some excellent factors. |
| A | High creditworthiness supported by a few excellent factors. |
| BBB | Creditworthiness is sufficient, though some factors require attention in times of major environmental changes. |
| BB | Creditworthiness is sufficient for the time being, though some factors require due attention in times of environmental changes. |
| B | Creditworthiness is questionable and some factors require constant attention. |
| CCC | Creditworthiness is highly questionable and a financial obligation of an issuer is likely to default. |
| CC | All of the financial obligations of an issuer are likely to default. |
| D | R&I believes that all of the financial obligations of an issuer are in default. |
Bonds
| Item | Date of Issue | Amount(Million of Yen) | InterestRate(%/Year) | Security | Maturity Date |
|---|---|---|---|---|---|
| 4th Unsecured Bonds （The Sustainability-Linked Bond） |
20 September, 2023 | 10,000 | 0.578 | None | 20 September, 2028 |
| Item | 4th Unsecured Bonds （The Sustainability-Linked Bond） |
|---|---|
| Date of Issue | 20 September, 2023 |
| Amount (Million of Yen) |
10,000 |
| Interest Rate(%/Year) |
0.578 |
| Security | None |
| Maturity Date | 20 September, 2028 |