CITIZEN ELECTRONICS CO., LTD.
Address: 1-23-1 Kamimudichi, Fujiyoshida City, Yamanashi Prefecture, Japan
Company Overview
In 1970, Citizen Watch Co., Ltd. merged with Bulova Watch Co., Ltd. of the United States to form Bulova Citizen Co., Ltd. with a capital of 90 million yen. In 1971, the capital was increased to 360 million yen. The tuning fork electronic watch (Hi-Sonic, Bulova Accutron) was launched. In 1977, the merger with Bulova Watch Co., Ltd. was cancelled and the company was renamed Citizen Electronics Co., Ltd. In 1978, the small electromagnetic buzzer "CITISOUND 'CB Series'" was successfully developed and launched. In 1979, the watch production company "Premier Precision Ltd." (First Precision Co., Ltd.) was established in Hong Kong. In 1980, Funahiki Precision Co., Ltd. (now Citizen Electronics Funahiki Co., Ltd.) was established in Fukushima Prefecture to produce various products. In 1983, the chip-type LED lamp "CITILED" of the light-emitting diode (LED) surface mount type (SMD) was developed and launched. In 1988, the production base "Wah Kong" was established in China. Precision (Jiangmen) Ltd. / Huagang Precision (Jiangmen) Ltd. In 1989, it developed the "CITISENSOR 'PR Series'", a light reflector that is one of the OPT sensors, and launched it on the market. In terms of small switches, it developed the world's first light switch with built-in LED lights and launched it on the market. In 1991, it established "Firstcome Electronics Ltd." in Hong Kong to manage production in China, and established the Kansai Sales Office in Osaka. In 1993, it established the Tokyo Sales Office (now Tokyo Office) in Tokyo, and increased its capital to 372 million yen. In 1994, it increased its capital to 496.8 million yen. In 1995, it increased its capital to 643.05 million yen, and established a sales company "CE (HONG KONG) LTD." in Hong Kong. In 1996, it registered for over-the-counter stock trading with the Japan Securities Dealers Association, and increased its capital to 1.98855 billion yen. In 1997, it established a sales company "CECOL INC." in the United States. In 1999, a sales subsidiary "CE (Deutschland) GmbH" was established in Germany, and the head office factory obtained the environmental management "ISO-14001" certification. In 2000, the LED backlight module for color LCD was developed and launched. In 2002, the flash LED "CITILIGHT" for mobile phones was developed and launched. In 2003, the high-power white LED lamp CL-650S series for general lighting was developed and launched. In 2004, a sales company "Citizen Electronic Trading (Shanghai) Co., Ltd." was established in Shanghai, China. In 2005, with the complete subsidiaryization of Citizen Watch Co., Ltd. (now Citizen Watch Holdings Co., Ltd.), the securities listing was terminated and the company was renamed Citizen Electronics Co., Ltd. In 2008, it integrated management with Citizen Display Co., Ltd. In 2011, it developed an AC drive circuit built-in lighting LED component that can be directly driven by a normal power supply (AC power supply) and began to market it. It developed a high-power lighting LED (COB series Ver.1) and began to market it. In 2012, it accepted a third-party capital increase plan to distribute equity to Nichia Chemical Industries, Ltd. and increased its capital to 2.98845 billion yen. In 2013, it developed a circular and special-shaped backlight source and began to market it. It developed and began to market the COB series Ver.2 (3 products that focus on "light quality" and achieve a high luminous flux of 23,549lm) In 2014, the company accepted a third-party capital increase plan to distribute shares to Nichia Chemical Industries, Ltd., and increased its capital to 5,488,450,000 yen. It developed the COB series Ver.3 and began to market it (obtained certification of the North American safety standard UL standard), and developed the lighting LED (COB series) "VIVID Type" and "High Intensity Type" and began to market it. In 2015, it developed and launched the LS14 series of thin, horizontal push-type switches, and the LS95 series of top-down push-type switches that achieved world-class miniaturization, and began to market it. It developed and launched the COB series Ver.4 (13 varieties and 207 signals, greatly expanding its product lineup). In 2017, it established a manufacturing plant in Yamanashi Prefecture, the "Citizen Electronics TIMEL Co., Ltd. Sakaigawa Plant". In 2019, it began to develop and sell the lighting LED COB series Ver.8