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© (c) Copyright Thomson Reuters 2015.Fanuc's CEO drags heels but meets investors
OSHINO-MURA©2024 GPlusMedia Inc.
The requested article has expired, and is no longer available. Any related articles, and user comments are shown below.
© (c) Copyright Thomson Reuters 2015.
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jerseyboy
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.
Dean Rogers
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
CoconutE3
Make lots of money and buy back shares, get rid of douche like Loeb.
warispeace
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.
jerseyboy
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?