At the top of the chart is Keyence, which makes factory-automation equipment and had average profit margins of 47% between 2000 and 2009.

基恩士名列榜首，它的产品是工厂自动化设备，2000到2009年的平均利润率达47%。

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Keyence Corporation, a Japanese maker of automation devices for factories, requires its salespeople to spend hours watching its customers’ production lines.

日本自动机械制造商Keyence公司要求其销售人员至少要花若干小时去仔细观察其客户的生产线。

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These three outfits are in cyclical industries, but all of them have conservative balance sheets--SMC has nearly five times as much cash as debt, and Fanuc and Keyence are debt free.

FORBES: Cash For Sale