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HomeFashion NewsAkio Naito, President of Seiko Watch Company

Akio Naito, President of Seiko Watch Company

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Collectors matter, and nowhere is that extra evident than within the rocketing profile of Grand Seiko. The Japanese watchmaker was as soon as a little-known secret — treasured by watch collectors, and unknown to most outdoors its house market. Grand Seiko obtained its begin in 1960, and was solely launched on the worldwide stage in 2010 – it solely turned a full model in its personal proper in 2017. The Seiko Watch Company itself by no means critically pursued a advertising technique for Grand Seiko past Japan, which implies that those that obtained themselves hyped-up for a Grand Seiko watch needed to do a number of heavy lifting. By no means thoughts having to journey to Tokyo in quest of Grand Seiko watches as a result of first you would need to know such watches existed. Think about, if you’ll, having to study concerning the watches, for which no supplies have been broadly obtainable in English.

To listen to collectors inform it, it was a little bit just like the wake of the worldwide success of the anime Akira, which introduced Japanese animation to worldwide consideration. For worldwide audiences eager to discover the bewilderingly vast world of anime, disappointment adopted as a result of only a few collection and options obtained worldwide distribution. Anime fan communities did their very own distribution, even when it was in legally doubtful territory. They even did their very own subtitles for choose collection and movies.

ˆThe downside for Grand Seiko was not solely exterior although, as Seiko Watch Company (SWC) President and Grand Seiko Asia-Pacific Chairman Akio Naito informed the Monetary Instances earlier this yr. “The notion amongst our staff was that Grand Seiko didn’t have a robust attribute, like Richard Mille or Hublot,” stated Naito. “It wasn’t eye-catching. Our personal folks virtually gave up selling the model.” Once we first spoke with Naito in 2021, he had simply been appointed to his position at SWC, however had been answerable for Grand Seiko in each North America and Europe since 2018. He informed us that he knew, first-hand, the difficulties for the collector’s favorite in these areas. In any case, that Grand Seiko watches have been so extremely regarded outdoors Japan had every thing to do with how collectors had been speaking them up, and virtually nothing to do with how SWC was advertising them.

The editors of this journal had already seen this by 2005, as a result of if one wished to characteristic Grand Seiko watches at the moment, it was essential to shoot them at BaselWorld (the now-defunct international watch honest that Seiko and all its imprints used to indicate at). We all know this in the present day as a result of we now have an archive of press kits, and there may be nothing on Grand Seiko from that point; I additionally know this from expertise, having spoken with the WOW photographers in 2008 at BaselWorld. This isn’t to recommend that Grand Seiko was an afterthought for SWC, by any means, as Naito reminded us in our most up-to-date dialog with him. “When Grand Seiko was born in 1960, it was meant to be the (maker of the) finest timepieces ever from Seiko at the moment. A Grand Seiko watch needed to be probably the most exact… probably the most legible… and probably the most sturdy for on a regular basis use. In all these elements, Grand Seiko needed to be the final word.”

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On this respect, it’s attainable that Grand Seiko is, DNA-wise, no completely different to than it was in 1960. What has modified although, is the rise of executives corresponding to Naito, who recognise that the horological world would possibly simply be Grand Seiko’s oyster. We mentioned this, the model’s 2022 novelties, and the start of Grand Seiko’s direct engagement with the Asia-Pacific area in our dialog. We’ll launch immediately into that from right here, as it’s fairly lengthy. For a little bit of background on Naito, we suggest our personal story on him from final yr, in addition to that FT article we referenced above.

Congratulations on the SLGT003G Kodo, the primary complication from Grand Seiko! Did the Kodo title come from the character of the watch and did you’ve the sound of the watch in thoughts while you have been growing it.

Nicely, I believe you (and your readers) are already aware of the technical designer who designed
(SLGT003G) Kodo, who was an expert guitarist. [Naito is referring to Takuma Kawauchiya,
who received the 2022 GPHG Chronometry Prize with him in Geneva for the Kodo – Ed]. He was a
musician earlier than he joined Seiko, or Grand Seiko, and it took him greater than seven years from (the
motion’s) inception to give you the prototype motion T0. And he was, from the very
starting, very explicit, concerning the sound that the watch creates. He paid particular consideration to, you
know, the watch making a specific sound. Subsequently, the title Kodo or heartbeat was from the
very starting the nickname that he and the workforce had in thoughts. 

Proper, so I suppose the reference to the taiko drum can also be intentional. 

Yeah, it was after all intentional. So we weren’t simply making a complication watch (for the sake of
making a watch with a excessive complication), the very first Grand Seiko complication watch, however for the
picture or the idea of a specific technical building; the sound it made was very, very
necessary for the one that created the watch. 

So, after all we have been requested by the media (and) the Grand Seiko followers when the model would give you a complication mannequin… and for fairly a while we have been on that sort of quest. After all, technologically we have been able to producing a Grand Seiko complication mannequin, however we wished to create a (true) Grand Seiko complication. It needed to be consistent with the model’s DNA; it needed to be correct when it comes to the precision of the motion, and (have glorious) legibility and sturdiness. When all these needed standards for the model have been met, we thought we have been able to unveil the primary Grand Seiko complication mannequin, and that occurred to be the (SLGT003G) Kodo.

Does this signify a change for Grand Seiko?

Nicely, I don’t say it’s a change or transition; I might name it evolution. The complication mannequin Kodo displays the DNA of the model, and we imagine that though the dial or the look of the watch appears sophisticated or crowded, however it might nonetheless inform the time (very clearly)… legibility is one thing our engineers attempt to obtain (regardless of the look of the complication). So the DNA or the stipulations of the model haven’t been misplaced in arising with the complication mannequin.

Will there now be fewer quartz fashions? What different issues would possibly we count on in future?

Nicely, similar to (our progress with) mechanical actions, we now have been making progress with quartz. You realize, when it comes to analysis and improvement the identical factor may be stated of Spring Drive too. Our engineers have been painstakingly engaged on the progress of how we will make the Spring Drive motion higher in varied elements of its expertise… So sure, we might be arising with one thing new in future.

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(One the matter of) quartz for Grand Seiko, which we name the 9F motion (for instance), that isn’t a standard quartz, clearly. And we now have put explicit emphasis on creating an final quartz (motion) and that is the 9F motion, underneath the Grand Seiko model. Identical to mechanical actions or Spring Drive actions, we’re nonetheless engaged on quartz expertise. Because the very first model (Seiko) to give you the quartz watch in 1969, we predict we’re answerable for enhancing quartz expertise even additional into the longer term.

What different problems would possibly Grand Seiko pursue? 

Nicely, for the high-end, you understand the upper price-range watches, I believe we now have a number of concepts on complication fashions in future. I believe our Grand Seiko followers demand some iconic or fascinating sports activities fashions. That’s one thing we’ve been engaged on.

So in future we will definitely give you extra complication fashions, and extra sports activities fashions. We now have a historical past of pursuing accuracy (objectives) underneath Grand Seiko, so you understand Kodo is after all, one instance of accuracy. It’s the achievement of accuracy by the tourbillon and fixed pressure mechanism, however apart from that we’re, or have been, additionally pursuing accuracy from the technological perspective [meaning how much time a watch gains or loses, versus an atomic clock for example – Ed]. 

So after we achieve reaching a brand new stage of accuracy with a mechanical motion, that might be the time after we will unveil one other fascinating and revolutionary product.

For those who may outline it in a number of phrases, what’s the imaginative and prescient of the sports activities watch so far as Grand Seiko is worried?

Sure, truly that may be a crucial topic that has been debated internally inside Grand Seiko. As you say [in our full conversation, which has been edited to remove our own comments – Ed], we now have a protracted historical past or heritage in Seiko, with Seiko divers for instance, of sports activities timekeeping. However for Grand Seiko we didn’t actually have that sort of a historic icon.

So how can we create a brand new Grand Seiko that’s interesting to our followers that’s trustworthy to our model’s DNA? That is the inner debate.

I might say luxurious sports activities is one class of watches sought-after by many followers within the watch neighborhood. However I’m not fairly certain how we will notice luxurious sports activities underneath the Grand Seiko label. That’s one problem that we now have.

We look ahead to seeing how Grand Seiko addresses that problem! Shifting on, how was the Watches and Wonders Geneva expertise for Grand Seiko?

Nicely as you understand, we now have attended BaselWorld for a lot of, a few years. And it was an necessary platform, each for Grand Seiko and Seiko, however with the modifications within the enterprise, the neighborhood, after which COVID… This made it very tough for us to speak with our followers all around the world (in a bodily international occasion). We have been lucky sufficient to have the ability to be a part of Watches and Wonders Geneva for the primary time as, you understand, a model from Asia to showcase our new releases at that platform. And we have been extraordinarily proud of the suggestions and reactions we obtained by that new commerce honest. We’re assured, particularly with the commerce and customers in Europe, as a result of we have been in a position to attract the eye of European retailers and European watch followers on account of the honest.

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Is Grand Seiko holding tempo with the rising demand for wonderful timepieces? How do you deal with the stability between with the ability to create the sorts of items that you really want to have the ability to create, whereas additionally with the ability to provide folks and hold them comfortable?

Nicely to the primary a part of the query, within the final 5 to 6 years, we now have been experiencing super development of Grand Seiko as a model, particularly outdoors of Japan. Take the US for instance; between 2016 and 2021, for a interval of 5 years, the model has grown greater than 11 instances when it comes to what it was (in that market previous to 2016).

And with the model turning into so well-known, not simply among the many core watch aficionados, however amongst wider watch neighborhood, I believe that affect reached different English-speaking nations or the markets the place folks have a look at watch content material in English. And now could be the time for us to develop the model in English-speaking Asian markets like Singapore!

On the second query, sure, after all, as a model from a business entity we now have to chase each short-term positive factors and long-term positive factors. And generally these two could battle with one another. If we’re too hasty to fulfill the demand which is rising all around the world, then it could injury the long-term wholesome improvement of the model. That’s all the time an important administration determination we now have to face. To date I believe we now have been in a position to hit a superb stability.

Within the Asia-Pacific area, will you be making use of classes that you’ve got discovered from the US market?

Sure, properly once I first arrived within the US in 2016, one of many points that I confronted was how I may develop or arrange a workforce of specialists who’re skilled within the luxurious watch enterprise. I used to be lucky sufficient to recruit these individuals who have been able to making use of their expertise to develop Grand Seiko. That was 2018. In Europe, I took an analogous technique, recruiting people who find themselves able to rising Grand Seiko. That was 2020. [In both the US and Europe, Naito managed the split between the Seiko and Grand Seiko – Ed]. Now it’s time for us to do the identical factor within the Asian market.

We determined to create Grand Seiko Asia and recruited succesful administration to deal with the model. As a result of we’re a very completely different distribution and completely completely different viewers for Grand Seiko in comparison with Seiko, it’s needed for us to utilize separate types of experience and a separate administration workforce. That is in order that Grand Seiko may be totally developed.

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