Business | Schumpeter

Meet Keyence, consultant to the world’s factories

Unlocking the secrets of an unlikely profit machine

Keyence is not exactly a household name, even by the low-key standards of corporate Japan. Ask most people, including some professional market-watchers, and the odds are they will struggle to say much about it. Put the same question to the world’s factory-owners, and they will recognise it instantly. Founded in 1974 by Takizaki Takemitsu, a young entrepreneur without a university degree, the company has for decades been helping manufacturers get the most out of their factories with sensors and robotics. Its clients include giants from just about every industry, from aerospace (Boeing) to semiconductors (Samsung and tsmc).

This article appeared in the Business section of the print edition under the headline “Unlocking Keyence’s secret”

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