Grand Seiko revisits one of the quieter milestones in its modern mechanical history with the new SBGW325, a 600-piece limited edition inspired by the SBGW003 of 2001. Retaining the compact proportions and distinctive Arabic numerals of the original, it introduces a deep indigo-inspired navy dial, contemporary Grand Seiko finishing and the hand-wound Calibre 9S64.
Introducing the Grand Seiko Elegance SBGW325 | Commentary, Pricing and Official Release
The Grand Seiko Elegance SBGW325 retails at SGD 7,500 inclusive of GST. Limited Edition of 600 pieces.

Deployant’s take
Ah, the early 2000s — when the world was forever changed by the discovery of frosted tips, reality television and Beyoncé Knowles (together with Destiny’s Child) reminding us that she’s a Survivor. One would be challenged to succinctly capture the design language of 2001, compared with, say, the strong visual identity of the 1970s, but Grand Seiko has undoubtedly done so with Elegance (pun fully intended).

The new SBGW325 looks back to the SBGW003 of 2001, the first Grand Seiko fitted with a manually wound 9S movement, retaining its distinctive Arabic numerals and compact proportions.


The novelty introduces a deep navy dial inspired by traditional Japanese indigo dyeing. Limited to 600 pieces, the SBGW325 is less a nostalgic photocopy of the SBGW003 than a reminder that good proportions and slightly quirky typography tend to age better than strategically discoloured follicular ends.
The Case, Dial and Details
Twenty-five years later, the formula returns with the contemporary execution we have come to expect from Grand Seiko: sharply raised indices, carefully finished surfaces and the modern hand-wound Calibre 9S64, wrapped around a design that remains remarkably faithful to the character of the original.

The stainless-steel case measures 37.3 mm in diameter, 44.3 mm from lug to lug and 11.7 mm thick, with a 19 mm lug width. Its round profile is carried over with softly contoured lines, while the lugs widen slightly towards their tips to create more pronounced ridgelines and larger polished surfaces. Grand Seiko’s iconic Zaratsu polishing is used across the case to produce the distortion-free mirror finish, while a box-shaped sapphire crystal with an anti-reflective coating on the inner surface preserves the vintage-leaning profile. Around the back, a sapphire caseback provides a view of Calibre 9S64, with the limited-edition designation and individual serial number engraved. It should be noted that Grand Seiko labels the case as “Splash Resistant”, which essentially translates to keeping expectations somewhere around hand-washing territory.

The dial is where the SBGW325 departs most visibly from the SBGW003. Its deep navy finish takes inspiration from Japan’s traditional indigo-dyeing culture, with the colour sitting somewhere between an inky blue and near-black depending on the light. Against that, the raised Arabic numerals and hour markers stand distinctly proud of the surface, giving the otherwise restrained layout a surprising amount of dimensionality. The result is a dial that remains faithful to the unusual typography of the 2001 original, but feels more saturated and contemporary in execution, with the polished hands and applied markers providing just enough contrast against it. The dial is then paired with a crocodile-leather strap dyed using traditional hon-ai natural indigo hand-dyeing techniques to achieve the same deep navy tone; an additional grained calf-leather strap is also supplied with the watch.
The Movement
The SBGW325 is powered by Grand Seiko’s hand-wound Calibre 9S64; the progression is most obvious in the power reserve, increasing from approximately 50 hours in the 9S54 to 72 hours, and a hacking function for precise time setting. Grand Seiko specifies a mean daily rate of +5 to -3 seconds per day under static testing conditions, with normal usage accuracy rated at +10 to -1 seconds per day.

Visible through the sapphire caseback, the 9S64 is dominated by its broad bridges, finished with Grand Seiko’s characteristic striped decoration and complemented by polished screws and neatly executed movement markings. The more integrated bridge architecture also gives the calibre a noticeably different appearance from the more open construction of the earlier 9S54. The basic hand-wound proposition remains familiar, but the additional running time, evolved construction and more contemporary execution show how far the 9S family has progressed from the movement that started this particular lineage. For a limited edition built around faithfully revisiting the SBGW003, the 9S64 provides a befitting mechanical update rather than simply placing the old design around a modern movement.
Where does this sit in the Elegance Collection?
Within the wider Elegance Collection, the SBGW325 sits in a slightly unusual position. Grand Seiko’s dressier references tend to favour faceted baton indexes and relatively restrained dial furniture, making the full set of raised Arabic numerals here immediately distinctive. It is not entirely without precedent within the collection — the SBGW262 also uses Arabic numerals, albeit rendered by hand in maki-e over an urushi dial — but it remains an uncommon treatment for Grand Seiko. In the SBGW325, that typography does much of the work in separating the watch from the more familiar SBGW formula. Combined with the compact case, dark indigo colouring and hand-wound movement, it comes across as one of the more characterful interpretations of the Elegance Collection without straying particularly far from its established proportions or construction.
Concluding Thoughts
Stepping back from the individual components, the SBGW325 works because Grand Seiko has treated the original design with a relatively light touch. The proportions, Arabic numerals and overall character of the SBGW003 remain intact, while the deeper dial colour, contemporary movement and higher level of finishing give the watch enough polish to feel current rather than merely archival. It is a useful reminder that designs from a previous era do not necessarily need to be reinvented to remain appealing; with good execution and a degree of restraint, even slightly idiosyncratic details can translate surprisingly well decades later. In this case, Grand Seiko has done just enough to bring the SBGW003 forward without sanding away the elements that made it distinctive at the turn of the century.
Grand Seiko SBGW325 Specifications
| Reference | *SBGW325 *Elegance Collection *Limited edition of 600 pieces |
| Case | *Stainless steel *Diameter: 37.3 mm *Lug-to-lug: 44.3 mm *Thickness: 11.7 mm *Lug width: 19 mm *Box-shaped sapphire crystal *Anti-reflective coating on inner surface *See-through caseback secured by six screws *Splash resistant *Magnetic resistance: 4,800 A/m *Weight: 61 g |
| Dial | *Deep navy dial inspired by Japan’s traditional indigo-dyeing tradition *Raised Arabic numerals and indexes |
| Movement | *Grand Seiko Calibre 9S64 *Manual-winding mechanical movement *Approx. 72-hour power reserve *Mean daily rate: +5 to -3 seconds per day *Normal usage accuracy: +10 to -1 seconds per day *24 jewels |
| Strap | *Crocodile leather strap *Hand-dyed using traditional hon-ai natural indigo-dyeing techniques *Strap perimeter: 195 mm *Additional grained calf-leather strap included |
| Other Details | *“LIMITED EDITION” inscription on caseback *Individual serial number engraved on caseback |
Official Press Release – SBGW325
In 2001, Grand Seiko introduced the SBGW003 with Caliber 9S54, its first manually wound 9S mechanical movement. As a tribute to SBGW003, the new SBGW325 features the distinctive Arabic numerals that characterized the original dial.
The watch’s deep navy dial, inspired by Japan’s traditional indigo-dyeing tradition, is paired with boldly raised indexes that stand out with remarkable dimensionality, creating a striking and elegant contrast. The crocodile leather strap is dyed with the traditional hon-ai (natural indigo dyeing) techniques. The strap is hand-dyed by skilled craftsmen through a meticulous and time-consuming process to achieve a rich, deep navy hue complementing the color of the dial.
Traditional elegance enhanced by masterful craftsmanship
The case design, which carries the essence of the Grand Seiko’s first watch into the present, features a round form that presents a gentle silhouette from every angle. Though seemingly simple, the lugs feature an intricate slope that widens toward the tip, accentuating the distortion-free mirror surface and delicate ridgelines created through Zaratsu polishing. The brilliant shine of the case, created with great skill and care, adds a touch of tension to the classic aesthetic, resulting in a sophisticated and graceful design.
Special strap included
An interchangeable calf leather strap is included, featuring a soft, comfortable fit and a distinctive grained texture.
Caliber 9S64
The manually wound mechanical movement features a power reserve of 72 hours (about three days). As the mainspring unwinds, its torque diminishes gradually to ensure that accuracy remains stable.