# Keyence vs SMC

> Unit: JPY millions (ratios in %)
> Periods: Keyence = FY ending Mar 2026, consolidated, J-GAAP / SMC = FY ending Mar 2026, consolidated, J-GAAP
> Retrieved: 2026-09-30T18:23:03.814Z

| Metric | Keyence | SMC |
| --- | ---: | ---: |
| Revenue | 1,169,289 | 842,541 |
| Operating income | 595,759 | 190,558 |
| Net income | 445,185 | 167,302 |
| COGS ratio | 17.0% | 54.7% |
| Operating margin | 51.0% | 22.6% |
| Net margin | 38.1% | 19.9% |
| FCF margin | 34.4% | 4.1% |
| Period | FY ending Mar 2026 | FY ending Mar 2026 |
| Source | S100YAHE | S100YLC6 |

## Five-axis industry profile

Each axis shows a rank within that company's primary industry, so peer groups may differ. Missing values are labeled unavailable; no combined score is calculated. Industry rank is not an investment recommendation.

| Axis | Keyence | SMC |
| --- | ---: | ---: |
| Revenue growth | 98.5 (33 peers) | 71.2 (33 peers) |
| Profitability | 98.5 (34 peers) | 95.6 (34 peers) |
| Cash conversion | 23.4 (32 peers) | 45.3 (32 peers) |
| Efficiency | 4.3 (35 peers) | 7.1 (35 peers) |
| Financial strength | — | — |

## Company details

- https://vizora.meequs.com/en/company/keyence/md
- https://vizora.meequs.com/en/company/smc/md

## Definitions

- Amounts are in millions of JPY (rounded). The period is stated in each table heading
- Operating margin = operating income ÷ revenue. Net income is attributable to owners of the parent when disclosed
- Free cash flow (FCF) = operating cash flow − capital expenditure
- ¥100 model = breakdown per ¥100 of revenue (rounded so parts sum to 100)
- Segment revenues include inter-segment sales and may not sum to consolidated revenue
- Source IDs are EDINET document IDs (docID). "算出" (derived) means computed from other disclosed values
- All figures are extracted mechanically from filings. AI-written text never generates figures
- Source: company filings submitted to EDINET (Financial Services Agency of Japan). Figures were extracted, edited and processed, and charts and text were created, by Vizora — not by the FSA (used under the Public Data License v1.0).