The oscillation circuit is a pulse modulation circuit that lights up the light-emitting diode, and it operates using an unstable multivibrator method.
The pulse light emitted from the light source is reflected by the detection target, and the output of the phototransistor is amplified to an appropriate level by the AC amplification circuit, then rectified and integrated by the detection circuit, converting it into a DC voltage. In the subsequent waveform shaping circuit, when this DC voltage reaches the set level, the output becomes HI, and when it falls below the level, it becomes LO.
The operation indicator lamp lights up when the output level is HI, allowing for operation confirmation.