There are many moving parts to factory automation, figuratively and literally, but Keyence (KYCCF) (6861.T) is a key player in numerous high-value segments like sensors, control systems, measurement, and machine vision. With robotics quickly spreading beyond its traditional strongholds of auto and semiconductor assembly and into large, high-potential markets like consumer electronics, general industry, food/beverage/pharma, and logistics, Keyence has a large and growing market to serve with leading-edge products that are not only market leaders, but in many cases unique product offerings.
Keyence is priced like the leader it is, and investors may