This watch is one of the Seiko Alba AKA watches which came out in the mid 90s. They were released by Seiko as their brand aimed at the young and fashionable (and were the brand that the Citizen Independent 1481010 watches were released to compete with).
This one is one of their line of chronograph watches that were released in 1996 (or earlier - this one was made in 1995), with a catalogue number of AMAS005. It's original sale price was 15,000 yen making it the most expensive of the AKA line at that time. It was still for sale in late 1999.
The watch has a V657 movement with a 3-hand dial and date at the 3 o'clock position. The chronograph is worked by the two buttons on the side and shows on three dials; minutes (up to 60), seconds (up to 60), and tenths of a second (up to 2 seconds).
The full model number is V657-6030.
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