A Fanuc robot is seen in this 2013 file photo.Rodrigo Reyes Marin/AFLO/Zuma Press
“For a long-term investor, market turmoil can offer a chance to snap up the shares of solid businesses at a discount. Matthew Brett, a co-portfolio manager of Edinburgh-based Baillie Gifford & Co.’s £7 billion ($10 billion) Japanese equity fund, says his team has been buying shares of robot maker Fanuc Corp. and optical-product maker Topcon Corp. over the last couple of weeks.
Fanuc shares have fallen 26% over the past year through Monday and Topcon shares have dropped 58%. Fears about China play a big role in that: The country is growing more slowly and shifting away from a heavy-industry-driven economy.
In an interview, Mr. Brett talked about his picks. Edited excerpts………..”
Source: 
The Wall Street Journal – Japan
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