Company Applications

Layer 4 · translating Sector and Industry signals into company-specific end-demand views · Keyence pilot

Keyence revenue 2Y forward CAGR9.6%

End-demand revenue 2Y forward CAGR12.6%

End-demand reported LTM growth11.9%

End-demand CapEx 2Y forward CAGR3.3%

Prototype convention. Keyence's end-market disclosure is new, rounded to 5% increments, and does not provide historical weights. This page applies the latest disclosed mix across the history as a sensitivity framework; it is not a reconstructed historical revenue mix.

1. Translate disclosed end markets into market baskets

End market	Estimated weight	GICS level	Proxy group	Composite weight	Method
Semis/LCD	10.8%	Industry	Semiconductors & Semiconductor Equipment	10.8%	Direct GICS Industry proxy
Electronics/Precision	15.9%	Industry	Electronic Equipment, Instruments & Components	15.9%	Direct GICS Industry proxy
Auto/Transport	23.6%	Industry	Automobiles	23.6%	Direct GICS Industry proxy
Metal/Machine Tools	10.7%	Industry	Machinery	10.7%	Direct GICS Industry proxy
Food/Pharma	10.6%	Industry	Food Products	5.3%	Neutral split because Keyence discloses Food and Pharma together
Food/Pharma	10.6%	Industry	Pharmaceuticals	5.3%	Neutral split because Keyence discloses Food and Pharma together
Other	28.3%	Total Ex Financials	Global ex Financials	28.3%	Broad manufacturing fallback for undisclosed Other mix

Food/Pharma is split 50/50 because Keyence reports it as one bucket. “Other” uses Global ex Financials so the disclosed 28.3% is not silently discarded.

2. Compare Keyence with its weighted end-demand signal

Keyence and the end-demand proxy are separate signals. The proxy is a current-mix weighted average of exact-company Industry growth series; it is not a claim that Industry sales translate one-for-one into Keyence revenue.

3. Compare customer-industry investment with Keyence's own investment plan

Customer-industry CapEx is the economically relevant demand-cycle proxy. Keyence's own CapEx is shown only as a company diagnostic and can be lumpy for an asset-light business.

Methodology and limitations

The FY3/26 Keyence Q4 geography mix is combined with its H2 FY3/26 end-market-by-region mix. Resulting end-market weights are mapped to GICS Industries, then applied to Layer 3 reported and consensus growth histories. Keyence's own consensus series uses Bloomberg company ID 113952. All consensus forward growth is (24M / 0M)^(1/2) − 1.

The AS data layer supplies the current company-reported mix and source notes. A true historical mix series is unavailable because this end-market disclosure is new; future reports can be appended prospectively. Built 2026-07-17T07:10:49+00:00.