P02 History of Value Creation

• P02

  History of the Seiko Holdings Group

• P04

  Three Strengths of the Seiko Holdings Group

• P06

  Value Creation Process of the Seiko Holdings Group

• P08

  Global Expansion

• P10

  At a Glance

• P12

  Financial/Non-Financial Review

• P14

  Nine-Year Financial/Non-Financial Table

P16 Value Creation Towards 2025

• P16

  Interview with the CEO

• P22

  Message from the President

P26 Value Creation in Business Activities

• P26

  Watches Business

• P30

  Electronic Devices Business

• P32

  Systems Solutions Business

• P34

  Clocks/Wako/Time Systems Business

P36 Foundation Supporting Value Creation

• P36

  Research and Technological Development

• P40

  Branding Strategies

• P42

  Human Resources Strategies

• P44

  Corporate Governance

• P51

  Corporate Ethics/Compliance

• P52

  Risk Management

• P54

  Social Contribution Activities

• P56

  Environmental Activities

P58 Financial Information

• P58

  Consolidated Balance Sheet

• P60

  Consolidated Statement of Income

• P61

  Consolidated Statement of Cash Flows

• P62

  Segment Information

P64 Company Information

• P64

  Overview of Company

• P65

  Information about Shares