Satoru Iwata’s Salary to be Cut in Half, Other Nintendo Executives Take Slighter Salary Cuts

Following the news of Nintendo’s revised profit estimates earlier this month, things were already looking abysmal for the company. A report from AFP published today confirms the notions of the Wii U’s poor performance over the holidays. As a result, Satoru Iwata is taking a 50% pay cut over the next five months.

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Iwata isn’t the only one experiencing a cut, Siliconera reports that Genyo Takeda and Shigeru Miyamoto will take 30% cuts and the remaining directors at Nintendo are having their salaries cut by 20%.

As of right now, it is unclear whether Nintendo will be able to turn the fate of the Wii U around. Hopefully the release of blockbuster games like Super Smash Bros. will spur sales but things are looking grim at the moment.


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Author
Chris Jecks
Chris Jecks has been covering the games industry for over eight years. He typically covers new releases, FIFA, Fortnite, any good shooters, and loves nothing more than a good Pro Clubs session with the lads. Chris has a History degree from the University of Central Lancashire. He spends his days eagerly awaiting the release of BioShock 4.