Nintendo 2023 Annual Report Reveals Executive Salaries Are Still Modest For The Industry
Nintendo 2023 Annual Report Reveals Executive Salaries Are Still Modest For The Industry
by brzzcode
15 Comments
PenguinDeluxe
That’s pretty shockingly low and I would argue that long running attitude is why they’ve been around for so long and even in less than successful times were either able to hang in there or rebound spectacularly.
Papa-pwn
Wild to see there aren’t five people inside Nintendo making seven figures.
I’ve worked for startups with more bloat at the top.
Biscuitsbrxh
They still must have stock options and stuff. But still a shockingly low salary
watainiac
This is what happens when your executives start at the bottom and rise to the top. They know what it’s like to be on the ground floor and still care about the people that are down there instead of only worrying about themselves.
BebeFanMasterJ
Keep in mind that Iwata took a pay cut when the Wii U was underperforming so that they wouldn’t have to layoff employees.
Companies like Activision/Blizzard, EA, and Square could stand to be more humble.
Kabloosh75
A 154 million to The CEO of Activision/Blizzard?
What kind of fuckery is that?
Wyntier
* The report lists the five salaries in yen, so here’s how it all adds up in USD (converted using Forbes Advisor):
Shuntaro Furukawa: $2.51m
Shigeru Miyamoto: $2.02m
Shinya Takahashi: $1.61m
Satoru Shibata: $1.19m
Ko Shiota: $910,000
SubiWhale
Welcome to Japan, where executive salaries (not just at Nintendo) are significantly lower than the rest of the first world.
Apprehensive_Lie1963
I remember they also didn’t crunch their employees and decided to delay Animal Crossing instead, this company really seems like a perfect place to work.
bwoah07_gp2
I wouldn’t expect anything else from Nintendo, and the Japanese to an extent. Compared to their Western counterparts who get paid exorbitant amounts for little, these guys for the work they do in the gaming industry is still modest, but still a good pay, and it’s more reasonable.
What the Western gaming executives make is kind of like the Chancellors for universities. Some of them take home a million dollars, but for what? Being a glorified secretary?
Advy87
This is because people with ethics have a forward-looking philosophy toward the company in which they work. I am not saying they are saints because no one is, but it is certainly closer to the idea that people would want for the companies they support, and this is certainly wiser in the long run, especially when it comes to companies that produce artistic and entertainment products.
FlyingChihuahua
i’m wondering where all the 1-up mushrooms factor into the pay.
RibRob_
Part of me worries that when the old talent is gone Nintendo could fall prone to corporate greed like a lot of American game studios…
Groppstopper
This is the kind of salary all execs should be making.
TheAdamantFiend
Now just make a 3D Donkey Kong and Starfox Assault 2
15 Comments
That’s pretty shockingly low and I would argue that long running attitude is why they’ve been around for so long and even in less than successful times were either able to hang in there or rebound spectacularly.
Wild to see there aren’t five people inside Nintendo making seven figures.
I’ve worked for startups with more bloat at the top.
They still must have stock options and stuff. But still a shockingly low salary
This is what happens when your executives start at the bottom and rise to the top. They know what it’s like to be on the ground floor and still care about the people that are down there instead of only worrying about themselves.
Keep in mind that Iwata took a pay cut when the Wii U was underperforming so that they wouldn’t have to layoff employees.
Companies like Activision/Blizzard, EA, and Square could stand to be more humble.
A 154 million to The CEO of Activision/Blizzard?
What kind of fuckery is that?
* The report lists the five salaries in yen, so here’s how it all adds up in USD (converted using Forbes Advisor):
Shuntaro Furukawa: $2.51m
Shigeru Miyamoto: $2.02m
Shinya Takahashi: $1.61m
Satoru Shibata: $1.19m
Ko Shiota: $910,000
Welcome to Japan, where executive salaries (not just at Nintendo) are significantly lower than the rest of the first world.
I remember they also didn’t crunch their employees and decided to delay Animal Crossing instead, this company really seems like a perfect place to work.
I wouldn’t expect anything else from Nintendo, and the Japanese to an extent. Compared to their Western counterparts who get paid exorbitant amounts for little, these guys for the work they do in the gaming industry is still modest, but still a good pay, and it’s more reasonable.
What the Western gaming executives make is kind of like the Chancellors for universities. Some of them take home a million dollars, but for what? Being a glorified secretary?
This is because people with ethics have a forward-looking philosophy toward the company in which they work. I am not saying they are saints because no one is, but it is certainly closer to the idea that people would want for the companies they support, and this is certainly wiser in the long run, especially when it comes to companies that produce artistic and entertainment products.
i’m wondering where all the 1-up mushrooms factor into the pay.
Part of me worries that when the old talent is gone Nintendo could fall prone to corporate greed like a lot of American game studios…
This is the kind of salary all execs should be making.
Now just make a 3D Donkey Kong and Starfox Assault 2