The oscillation circuit is a pulse modulation circuit that lights up the light-emitting diode (LED) light source, and it employs an astable multivibrator method.
The pulsed light emitted from the light source is reflected by the object to be detected. The output of the phototransistor is amplified to an appropriate level by an AC amplifier circuit, and then rectified and integrated by a detection circuit to convert it into a DC voltage. In the next stage, the waveform shaping circuit outputs HI when this DC voltage reaches a set level, and LO when it falls below that level.
The operation indicator light illuminates when the output level is HI, allowing you to confirm that the unit is working correctly.