Marubeni Citizen-Cincom Revenue and Competitors

Marubeni Citizen-Cincom was founded in 1984 to market and service Citizen’s CINCOM family of Swiss-type turning centers. This venture represents the amalgamation of two of Japan’s largest and most highly regarded companies, Marubeni Corporation and Citizen Watch Company. Marubeni began operation more than 140 years ago as a rural trading company specializing in yarn and textiles. Today it is one of Japan’s nine largest trading companies, which together account for more than 40% of Japan’s exports and 60% of its imports. It actively trades more than 30,000 products and services, including textiles, chemicals, machinery, energy, and a broad spectrum of consumer products. It employs more than 10,000 people, maintains almost 200 offices in 82 countries, and generates revenues of $79 billion annually. Citizen is best known as the manufacturer of high-precision timepieces, including the smallest watch, the thinnest watch, and the most accurate watch available today. Its expertise, however, extends beyond watch manufacture, and includes television sets, office equipment, computers, and audio-visual equipment. The company’s vertical integration has led also to the development of advanced production equipment. Among these are the highly precise, highly versatile Swiss-type turning centers known in the trade as CINCOM (CItizen Numerically COntrolled Machines). Since its inception, MCC has successfully made CINCOM machines the most widely accepted Swiss-type turning centers in the world. These machines are used extensively to manufacture an array of products, including medical instruments, electronics, fiber optics, automobiles, business machines, aerospace, defense, firearms, tools, valves, fasteners, and many others. In the US, MCC is headquartered in Allendale, NJ, and maintains sales/service offices in Massachusetts, California, and Illinois. These four offices are responsible for supporting a network of distributors located throughout the United States, Canada, Mexico and South America.