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

Iwata

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.

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About the Author

Johnny Cullen

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Johnny has experience at a wide range of games media outlets, having written for Eurogamer, Play Magazine, PC Gamer, GameDaily, and more. He worked at VG247 pumping out news at an astonishing rate for several years. More recently, he founded the games website PlayDiaries.

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