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Secret of sensor giant Keyence’s super-high margin

Strict development and sales mean high pay but short leash for hardworking staff

Keyence market value has multiplied ninefold over the past decade.

OSAKA -- Sensor manufacturer Keyence has reported an operating profit margin of 54%, breaking its own record for the seventh straight year even as it pays workers more than triple the average annual salary found at listed domestic companies.

The Japanese company's high-octane performance is driven by rigorous use of data that refines the development and sales of products, and keeps employees under heavy scrutiny.

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