Iwata earns $770k basic salary, Miyamoto gets $1.3 million

Tuesday, 29 June 2010 14:10 GMT By Johnny Cullen


According to an Asahi Shimbun report, Nintendo president Satoru Iwata’s basic salary is ¥68 million ($770,000).

The figure, even when it’s boosted by performance bonuses up to ¥187 million ($2.1 million), is in massive contrast to that of Sony CEO Howard Stringer, who rakes in a total of ¥816.5 million ($9.2 million).

It’s also been confirmed that a group of six Nintendo board members, including Shigeru Miyamoto, earn as much as ¥100 million ($1.3 million).

Miyamoto’s previously said that his earnings were in line with other producers at Nintendo after refusing a much bigger salary.

The report also revealed the wages of fellow CEOs, like Square Enix’s Yoichi Wada (¥240 million/$2.7 million), Sega Sammy Holdings CEO Osamu Satomi (¥435 million/$4.9 million) and Namco Bandai Holdings president Kazunori Ueno (¥137 million/$1.54 million).

It’s now required under new Japanese legalisation for companies to disclose which board members make over ¥100 million.

Big money.

Thanks, GI.