The company's purpose is research, development, manufacturing, repair, and distribution of micro-mechanical and electronic components and systems, particularly time-measuring instruments including their components and accessories. The company may establish branches and subsidiaries domestically and abroad, and may participate in other companies domestically and abroad, as well as conduct all business directly or indirectly related to its purpose. The company may acquire, use, encumber, dispose of, and manage real property and intellectual property rights domestically and abroad. It may also provide financing for its own account or for the account of others, as well as provide guarantees and sureties for subsidiaries and third parties.