Since we couldn't possibly do the watch justice in our own words, we'll let you hear it straight from the horse's mouth:
"The UR-110 indicates time by means of a revolving satellite complication on planetary gears featuring three parallel hour/minute modules resembling torpedoes. The time is displayed on the right side of the watch, with the satellites following a vertical line - 0 to 60 minutes - in a downward motion. The ingenuity of this layout lies in allowing the wearer to view the time discreetly and elegantly without the need to pull back a cuff.
Enveloped in a secure titanium case, a central carousel provides the complication with stability and equilibrium, while planetary gearing keeps the three counter-balanced time modules in parallel formation. The dial side Control Board features small seconds; an "Oil Change" indicator to alert the user when it is time for a service; and a Day/Night indicator to help keep track of changing time zones. Visible on the back, twin air turbines minimize wear in the automatic winding system."