• SHARE

Obsessively secretive Fanuc has a love-hate relationship with hedge-fund manager Dan Loeb. The Japanese robot maker no doubt appreciates the billionaire investor’s many compliments, including “reminds us of Apple in its product approach.” It just as surely abhors the media spotlight, never mind being told what to do by some loud foreigner — or gaijin, as the Japanese say.

Four weeks ago, Loeb’s hedge fund, Third Point, started a public campaign demanding changes at the Yamanashi-based company. It’s having some effect, in ways Prime Minister Shinzo Abe would be wise to encourage and facilitate on the legislative front.

Unable to view this article?

This could be due to a conflict with your ad-blocking or security software.

Please add japantimes.co.jp and piano.io to your list of allowed sites.

If this does not resolve the issue or you are unable to add the domains to your allowlist, please see out this support page.

We humbly apologize for the inconvenience.

In a time of both misinformation and too much information, quality journalism is more crucial than ever.
By subscribing, you can help us get the story right.

SUBSCRIBE NOW