An electronic timepiece comprising: a receiving unit configured to receive a standard time radio wave; a time acquiring unit configured to acquire time information and daylight-saving-time implementation information indicating whether daylight saving time is currently in effect, from the standard time radio wave received by the receiving unit; a time setting storage unit configured to store predetermined information associated with a time in a preset area; and a calculation unit configured to calculate a current time in the preset area based on the time information and the daylight-saving-time implementation information acquired by the time acquiring unit and based on the predetermined information stored in the time setting storage unit; wherein the predetermined information stored in the time setting storage unit includes daylight-saving-time setting information indicating a time of switching associated with a start and end of the daylight saving time in the preset area; characterized in that (i) the calculation unit is further configured to determine, when the time of switching comes while a process for receiving the standard time radio wave is being performed, whether one of a first condition and a second condition is satisfied, wherein (a) the first condition is that reception of the standard time radio wave fails after completion of the process for receiving the standard time radio wave; and (b) the second condition is that the current time calculated based on the standard time radio wave is a predetermined value; and (ii) the calculation unit is further configured to make, when one of the first condition and the second condition is satisfied, a switch associated with whether the daylight saving time is in effect, to calculate the current time. a receiving unit configured to receive a standard time radio wave; a time acquiring unit configured to acquire time information and daylight-saving-time implementation information indicating whether daylight saving time is currently in effect, from the standard time radio wave received by the receiving unit; a time setting storage unit configured to store predetermined information associated with a time in a preset area; and a calculation unit configured to calculate a current time in the preset area based on the time information and the daylight-saving-time implementation information acquired by the time acquiring unit and based on the predetermined information stored in the time setting storage unit; wherein the predetermined information stored in the time setting storage unit includes daylight-saving-time setting information indicating a time of switching associated with a start and end of the daylight saving time in the preset area; characterized in that (i) the calculation unit is further configured to determine, when the time of switching comes while a process for receiving the standard time radio wave is being performed, whether one of a first condition and a second condition is satisfied, wherein (a) the first condition is that reception of the standard time radio wave fails after completion of the process for receiving the standard time radio wave; and (b) the second condition is that the current time calculated based on the standard time radio wave is a predetermined value; and (ii) the calculation unit is further configured to make, when one of the first condition and the second condition is satisfied, a switch associated with whether the daylight saving time is in effect, to calculate the current time. (i) the calculation unit is further configured to determine, when the time of switching comes while a process for receiving the standard time radio wave is being performed, whether one of a first condition and a second condition is satisfied, wherein (a) the first condition is that reception of the standard time radio wave fails after completion of the process for receiving the standard time radio wave; and (b) the second condition is that the current time calculated based on the standard time radio wave is a predetermined value; and (ii) the calculation unit is further configured to make, when one of the first condition and the second condition is satisfied, a switch associated with whether the daylight saving time is in effect, to calculate the current time.