Evolve or die: How nimble Keyence grew into a $140bn titan

With Japan's highest pay, sensor maker attracts best and brightest

20211028NY Keyence 3D printer

Products made with Keyence's 3D printers are known for their fine details. (Photo by Yusuke Hinata)

TEN UMEKUNI, Nikkei staff writer

OSAKA -- Giant fossils decorate hallways and meeting rooms at the Osaka headquarters of sensor maker Keyence -- a reminder, the company says, that it too could become a fossil if it does not continue to evolve.

This continued adaptation has helped Keyence grow to become Japan's third-most-valuable listed company, behind only Toyota Motor and Sony Group, with a market capitalization of nearly 16 trillion yen ($141 billion).

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