business

Fanuc's CEO drags heels but meets investors

5 Comments

The requested article has expired, and is no longer available. Any related articles, and user comments are shown below.

© (c) Copyright Thomson Reuters 2015.

©2024 GPlusMedia Inc.

5 Comments
Login to comment

“It’s not that I don’t like all of you,” said Inaba. “It’s just that my primary responsibility is in improving results.”

LOL. Does this guy realize he is CEO of a publicly traded company and therefore has a fidiuciary responsibility to the shareholders? Where does he think the capital to make his company what it is came from? Classic.

-7 ( +0 / -7 )

2014 Annual Report: http://www.fanuc.co.jp/en/ir/annualreport/pdf/annualreport2014_e.pdf

General Meeting: http://www.fanuc.co.jp/en/ir/meeting/pdf/generalmeeting45convocation_e.pdf

0 ( +0 / -0 )

Make lots of money and buy back shares, get rid of douche like Loeb.

2 ( +2 / -0 )

LOL. Does this guy realize he is CEO of a publicly traded company and therefore has a fidiuciary responsibility to the shareholders? Where does he think the capital to make his company what it is came from? Classic.

Seems like he fulfilled that responsibility by improving earnings and providing shareholders with a return on their investment. He also has a responsibility to his employees and needs to work hard to keep the company operating rather than wasting time bending to the pressure of greedy investors who care mostly about higher short-run returns rather than continuing to properly invest in the future of the company.

1 ( +2 / -1 )

Seems like he fulfilled that responsibility by improving earnings and providing shareholders with a return on their investment. He also has a responsibility to his employees and needs to work hard to keep the company operating rather than wasting time bending to the pressure of greedy investors who care mostly about higher short-run returns rather than continuing to properly invest in the future of the company.

Nonsense. He also has a "responsibility" to keep his share holders advised on an on-going basis about the health of the company and its finances, so they can make informed decisions on how to invest their hard-earned funds. That is why the SEC requires quarterly reports from public companies, and almost all CEO's particpate in quarterly earnings calls with analysts when these are announced. This guy is arrogant and smug, and thinks it is his right to tell investors "trust me, I'm working hard, so leave me alone". Worked real well and Takata didn't it?

-3 ( +0 / -3 )

Login to leave a comment

Facebook users

Use your Facebook account to login or register with JapanToday. By doing so, you will also receive an email inviting you to receive our news alerts.

Facebook Connect

Login with your JapanToday account

User registration

Articles, Offers & Useful Resources

A mix of what's trending on our other sites