In April 2005, our parent company, Citizen Watch Co., Ltd., Japan, adopted the 10 basic principles of UN Global Compact in the frame of their Corporate Social Responsibility. We, as a subsidiary, will therefore also follow these principles. We consider ourselves as partners of industry and users and intend to supply our customers with products and services of the highest quality and safety.
In excess of this, we also consider us a part of society the shared values and principles of which have significantly changed in the course of the globalization of companies. Therefore, our activities are not only limited to the supply with better products, the compliance with laws and regulations, the strive for efficiency or the distribution of profits to shareholders. Instead, our company activities have also been expanded to the fields of environmental protection, information technology, contributions to social welfare and social policy.