May
26
Inside Fanuc’s Decision to Meet Loeb, Hand Investors $1 Billion
By
Automobile engines pass beneath Fanuc Corp. robots as they move along the production line inside an assembly plant. Photographer: Akos Stiller/Bloomberg
Yoshiharu Inaba, president of Japan’s Fanuc Corp., said he didn’t recognize his own company when he saw it represented in the media. Japan’s leading maker of industrial robots was portrayed as peculiar and almost cult-like, obsessed with privacy and the color yellow.
This is what prompted the son of the company’s founder to do something his father never would: He opened the company’s doors to outsiders, first to top investors and later to the media. He felt like he had to…
Inside Fanuc’s Decision to Meet Loeb, Hand Investors $1 Billion
