OSAKA -- Keyence's net profit grew 11% to 169.7 billion yen ($1.56 billion) for the three quarters ended Dec. 20, the Japanese industrial and positioning sensor manufacturer reported Friday, separating itself from rivals struggling in China by delivering strong performance yet again.
This marked a seventh straight year of record profit for the nine-month period. But a direct comparison cannot be made, because the company changed its accounting periods during that time.
