Secret of sensor giant Keyence’s super-high margin

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

20190502N Keyence headquarters

Keyence market value has multiplied ninefold over the past decade.

DAISHI CHIBA, Nikkei staff writer

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.

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