Japanese electronics manufacturer ABIT has showcased the new wristwatch phone concept in Tokyo. The phone works as a stand-alone PHS phone and features a touchscreen display, allowing you to call your friends by selecting contacts stored in the cloud. You will also be able to access your email and view tweets in the form of a mini time line that is scrolling down the screen. Other features include a USB port, Bluetooth, smartphone features and an acceleration sensor. Watch the video after the jump to get more details.