KEYENCE CORPORATION

A factory-automation sensor maker famous for operating margins above 50%, achieved through a fabless model and direct sales.

KEYENCE CORPORATION headquarters

Business Description

KEYENCE CORPORATION develops and sells sensors, measuring instruments, machine-vision systems, laser markers and digital microscopes used in factory automation and quality inspection. It designs everything in-house but outsources manufacturing, keeping capital intensity low.

The distinguishing feature is its sales model: engineers sell directly to plant floors with no distributors, carrying demonstration equipment and same-day delivery from stock, which lets the company charge premium prices and sustain operating margins above 50% — among the highest of any large manufacturer in the world. Founded in 1974 in Osaka, it generates roughly half of revenue overseas.

Corporate Data

Ticker6861
ExchangeTokyo Stock Exchange
Market SegmentPrime Market
SectorElectric Appliances
Head Office1-3-14 Higashinakajima, Higashiyodogawa-ku, Osaka 533-8555, Japan
FoundedMay 27, 1974
Fiscal Year EndMarch 20
WebsiteOfficial website

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