Yep. Hence the moniker "Striking Time." A friend has this one, and a couple of others have the "regular" Zeitwerk. They really quite like it. For them it's a blend of whimsical "digital clock" looking numbers and mechanical wizardry.
Congratulations and wear that beauty often @academe ! Had lunch with close friends earlier today and got the chance to try this one on. I've been jonesing for the all YG Sub with blue cerachrom bezel insert + blue sunburst dial, but this one just catapulted itself close to, or right to the top of the list.