The invention is directed to obtaining a radio controlled timepiece that, in a case when the user who uses it moves from one country or one region to another where the 
time difference is different, has simplified an operation of correcting the 
time difference between the countries or regions and an operation of correcting the 
time difference due to 
daylight saving time's being executed. To this end, the invention provides a radio controlled timepiece 1 that, in addition to the radio controlled timepiece 1 in the prior art, it further includes offset time difference 
information storage means 8 that stores an offset time difference between a country where reference 
time information is formed and a country where a standard 
radio wave has been received and 
daylight saving 
time information storage means 9 that has stored therein for future use information on whether 
daylight saving time is being executed in the region where the standard 
radio wave has been received, and local 
standard time information forming means 10 that, with respect to the reference 
time information of the standard 
radio wave that has been received in a particular region, executes calculation 
processing by using at least either one of offset time difference information with respect to the reference time information corresponding to the particular region and 
daylight saving time information in the particular region, to thereby form local 
standard time information in the particular region.