An electronically controlled mechanical watch includes a mechanical energy source, a power generator including a rotor driven by the mechanical energy source, a capacitor configured to be chargeable and accumulate electrical energy generated by the power generator, and a crystal oscillation circuit including a crystal oscillator and an oscillation circuit and configured to stop oscillating when a voltage of the capacitor falls below an oscillation stop voltage and to start oscillating when the voltage exceeds an oscillation start voltage higher than the oscillation stop voltage. The watch also includes a temperature compensation circuit configured to perform a temperature compensation function operation compensating for variation of a reference signal due to a temperature, a first voltage detection circuit configured to detect that the voltage exceeded a first voltage that is set higher than the oscillation start voltage, and a control circuit configured to stop the temperature compensation function operation of the temperature compensation circuit until the first voltage detection circuit detects that the voltage exceeded the first voltage.