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Business

R&D brings prestige and profit to Hamamatsu Photonics

Hamamatsu Photonics produces 20-inch photomultiplier tubes for China at its Toyooka factory in Shizuoka Prefecture.

TOKYO   Investing in R&D has brought Japan's Hamamatsu Photonics both prestige and profit. In 2015, for the third time, the company's technology helped scientists win a Nobel Prize in physics. The manufacturer's operating profit on sales, meanwhile, is a hefty 20%. 

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