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Details of how much do Nintendo execs earn each year
- Thread starter IbizaPocholo
- Start date
- Business Game Dev
RoadHazard
Gold Member
If you're an American executive, yes. If you're anyone else in the world, no. $2M/year is still a shitton of money.
Lionel Richie
Member
Impressive really. Bobby Kotick makes what, 30 times that? Bet Todd makes more as well. No wonder America is so pissed off at China, based ASIA is coming for that ass.
jigglet
Banned
Are you really buying into the "America is only pissed off at China cause they are out competing them" narrative that China's propaganda department is spewing? No one gave two shits when the Japanese were killing the US in many industries in the 80's. Or the South Koreans more recently.
Lionel Richie
Member
Actually I was making a joke about Bobby Kotick being overpaid.
LarknThe4th
Member
The one thing that sticks out is the fact that Myamotos games have made Nintendo literally 10s of billions of dollars in profit
And before anyone says games take 100s of people to make back in the 80s when it was like 10 people at the most Myamoto was the creative lead on games that racked up Billions in profit.
Wonder does he have some stock options because honestly him and Tezuka deserve em
And before anyone says games take 100s of people to make back in the 80s when it was like 10 people at the most Myamoto was the creative lead on games that racked up Billions in profit.
Wonder does he have some stock options because honestly him and Tezuka deserve em
I've never heard of Japanese developers getting paid royalties.
I wonder if that's why Nintendo games made by western developers, always use IP previously established in Japan.
Collin
Banned
wow so much lower than American salaries, kind of fascinating. miyamoto makes under 2 mil? that’s nuts. not that 2mil is a small chunk of change but my bosses salary is around that and i just work at some ad agency with nowhere near nintendo’s profits. that’s wild, especially with how irreplaceable miyamoto is. just a culture difference i guess.
is cost of living in japan significantly lower? must be, right?
is cost of living in japan significantly lower? must be, right?
Cert.in.Death
Member
Does it disclose their performance incentives or stock options (i.e. the actual benchmarks)? It’s not atypical for executives’ base pay to be reported and kept low for PR purposes.
Plus many of these executives have hefty severance packages if they’re ever fired. Japan handles such quite differently than US companies, but it’s worth examining if you want to have an even-keeled assessment of what life is like at the top.
Plus many of these executives have hefty severance packages if they’re ever fired. Japan handles such quite differently than US companies, but it’s worth examining if you want to have an even-keeled assessment of what life is like at the top.
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JLB
Banned
its low for high execs in many other countries apart from US, ie: Netherlands, Qatar, Germany, China, etc.
CesarNsnake
Neo Member
Miyamoto would be a Billionaire in a western country...just look at Notch with Minecraft
Sander Cohen
Member
Actually, that’s not true at all. You also need to research why Japanese boom came to an abrupt end in mid-90s.
Hint: America did it.
Rentahamster
Rodent Whores
Cost of Living in Kyoto
Average prices of more than 40 products and services in Kyoto, JapanApr 2024. Prices of restaurants, food, transportation, utilities and housing are included.
Cost of Living in Kyoto, Japan. Apr 2024 prices in Kyoto.
Cost of Living in Kyoto, Japan :: Average prices of more than 50 products and services in Kyoto, Japan.
www.expatistan.com
Different corporate culture.
Nintendo Chief Takes 50% Pay Cut After 3DS Markdown
Nintendo’s president and board of directors have volunteered to take substantial pay cuts in the wake of the Nintendo 3DS markdown, company president Satoru Iwata said at an investors briefing on Friday. Iwata’s salary, reported last year to be around $770,000, will be cut by 50 percent. Iwata...
The executes have more solidarity with the people under them, unlike American corporate culture.
Case in point:
Activision Blizzard lays off nearly 800 employees after 'record' 2018
Activision Blizzard has begun laying off some of its 9,600 employees, mostly in non-development sectors, even as it reported a record net revenue of $7.50 billion in 2018, up from $7.02 billion in 2017. Activision expects to lose 8 percent of its staff, or nearly 800 employees. The company plans...
www.engadget.com
Quasicat
Member
I know that’s not a lot for executives, but being in public education has skewed my view of what people make. The head of my district makes 96k and I’m excited about breaking 70k when I hit my 20th anniversary in a couple of years. I couldn’t imagine breaking even a quarter of a million a year.
vaibhavpisal
Member
Tokyo most expensive city in the world.
Though it's a good salary. Designed to keep them working instead of early comfortable retirement.
AeonGaidenRaiden
Member
But we are not talking about regular well of businessmen. These guys are on the level of Steve Jobs importance to the company. This is low for any country and Japan is first world country. This is a CEO salary of any random CEO of a smaller business. Nintendo is anything but small. Then again a few years back they revealed the salary of CEO of Japan Airlines. It was something like 2 mil, while American Airlines that is falling apart, their CEO was earning like 45mil a year.
Jeeves
Member
Yeah it seems reasonable, even considering how important they are.
When you go higher into the multi-millions, you surpass survival, comfort and even luxury. Like how is 30 million any more of an incentive for any individual than 10 million, for example, unless you aspire to literally bath in gold?
When you go higher into the multi-millions, you surpass survival, comfort and even luxury. Like how is 30 million any more of an incentive for any individual than 10 million, for example, unless you aspire to literally bath in gold?
Thugnificient
Banned
This is only part of the story. Steve Job’s base salary at Apple when he brought back the company from the brink of extinction was pretty low but if I remember, he had something like 2% cut of the profits. Forgot the exact details but it made him a lot richer than his salary would suggest.
Without knowing things like stakes and stock options, those figures are incomplete. Regardless, I don’t think they’re making the outrageous salaries American CEO’s are.
Without knowing things like stakes and stock options, those figures are incomplete. Regardless, I don’t think they’re making the outrageous salaries American CEO’s are.
LarknThe4th
Member
In a way that's incredibly sad, but in another Myamoto will go down as the GOAT and Notch will never be part of that conversation, and honestly legacy is more important than money, as they say where I come from about money "sure ya cant be buried with it"
#Phonepunk#
Banned
Makes sense. Japan has less and individualist culture than we have here
Mario being a Miyamoto creation and yet he created it for the company we works for. When you work for a company usually the IP you make for them belongs to them. That’s how it happens most of the time.
Would be nice for him to be the richest man alive but that’s not how things work in real life
Mario being a Miyamoto creation and yet he created it for the company we works for. When you work for a company usually the IP you make for them belongs to them. That’s how it happens most of the time.
Would be nice for him to be the richest man alive but that’s not how things work in real life
Sander Cohen
Member
Japan is infinitely more egalitarian, socially cohesive and conscious country than US. You would probably be put to shame in Japan if you earned 35M/year for doing anything.
OutRun88
Member
I imagine this is due to the huge desire for wealth and the greed that comes along with that drive in America?
UltimaKilo
Gold Member
It’s really low, yes. I’m sure they have stock options, pensions, etc. We’re also assuming this is true.
Moreover, Nintendo’s market cap is not astronomical to begin with.
Moreover, Nintendo’s market cap is not astronomical to begin with.
Bragr
Banned
Yeah, Notch owned his own creation, Miyamoto never owned anything of what he made.
Almost 2 million a year is a lot of money, I doubt he's complaining. I'm not dirty commie, but I actually like it when top guys aren't getting 80 million a year.
On a side note, David Jaffe quit Sony because he didn't make enough money.
Bragr
Banned
What's crazy with Nintendo, is how they cultivate and develop talent for decades. In America, people switch companies left and right, in Japan, they stay and build the company. All these old school legends have been around since the 90s or even 80s, and are now cultivating the new batch of talent, that are now starting to direct their own games. It's very different from American companies.
playtillyadrop
Neo Member
does the bonus account for stock options if not they would actually be making more.
LazyParrot
Member
Were you alive back then? If so, how old were you? Because that's definitely not true.
I believe this is just cash paid out. I'm sure they have stock as well but that's not really earned income until they exercise the options.