Nintendo's Average Salary Crowned The Second-Highest In Western Japan Last Year

Nintendough!

Well done, Unc, you earned it. Always knew you were the best cleaner in Asia. Don't forget about me next Christmas 😉

That money WOW...! 😯

Wait, this doesn’t say much.

Let’s say a company has €9999999 billion to pay their CEO and the only two employees. The CEO pays himself 9999997 and the employees only get 1€/month each. The average salary will still be 3333333 billion but that doesn’t tell us anything about how much of a disparity there is between a CEO and a janitor.

Call me old fashioned but as long as people are being paid alright, what everyone earns is zero percent my business.

I hope they removed the outliers when making this calculation, so anyone at the top potentially earning millions didn't totally skew the figures. No company's "average" wage should be factoring in a handful of people earning millions to artificially skew the data, because then it's basically lying about what the typical employee there actually gets paid, usually skewing it higher than reality. In most cases it would actually be better to know the median than the average to be honest.

@RetroGames @PinderSchloss Here's a Nintendo Life article from a couple years ago, showing just how much the people at the top earn annually: https://www.nintendolife.com/news/2022/06/heres-how-much-nintendos-directors-made-this-year

The highest-pain position is president/CEO Furukawa who just makes $2.3 million a year. That may sound like a lot, but it pales in comparison to ActiVision's Bobby Kotick, who in the same timeframe was making $155 million/year.

Call me a dirty capitalist, but I think it's only fair that the person in the most senior position who is in charge of all the important decisions deserves to make the most money. Not as much as Kotick earns, mind you, but Miyamoto only making 1.8 million dollars a year is lowballing his worth, imo.

This is why, despite whatever negative PR incident comes Nintendo's way about shutting down a fan remake or whatever else, I still think they're one of the most ethical companies on the planet. Most of that money goes right back into R&D, and the people at the top aren't lining their pockets while everyone else gets breadcrumbs.

So yeah, I'd say the figure is pretty accurate for the average employee.

"This comes despite the average Nintendo salary decreasing in FY2024, with the report mapping a 2.3% decline in pay compared to the previous year. Diamond Online speculates that this reduction is in line with Nintendo's drop in net sales and operating profit in FY2023"

surely the drop is from executives taking cuts in their annual bonuses for failing to meet revenue expectations. 🤔 not just punishing everyone across the board for factors far beyond their control.

if this is the case then

"both of these categories saw an increase in the following fiscal year — so expect to see a rise next time, we guess."

yes, expect it to increase again 😂

OTOH, if they were austerity pay cuts across the board, the shareholders might be comfortable keeping those even though the sales went back up.

It's a shame how much lower the salaries are in Japan compared to US and UK. Good on Nintendo though for being on the higher end.

The "Nintendo is an evil capitalist company"- crowd is silent yet again with this news.
GG Nintendo, very cool.

@Arkay You must have missed my comment

When the world’s first trillionaires are expected to come within this decade, it’s great news to hear Nintendo is paying their employees for their worthy contributions especially during this successful Switch era.

Some may not know this but Japan, like Germany, has some employment provisions that are rather different from those in the UK or US. For example, not so long ago when Satoru Iwata took a pay cut during the Wii U era, it is not necessarily Iwata’s own volition (sorry to burst your romantic bubble), but rather Japanese companies are legally obligated to make cuts within the company first, like executive pay, before firing employees. Similarly, executive compensation is restricted to be a certain percentage of employee salaries in Germany.

I wish Nintendo its continual success for its employees and share holders.

@PinderSchloss your comment doesn't paint them in a negative light.
It does offer food for thought, however.

That's the fiscal year ending March 2024 btw if I'm not mistaken.

@Madao It's relative to cost of living.

NS2 will test them.

Automaton also ran an article last year detailing Nintendo was the third most sought-after employer in Japan. Which leads to a strong indication that this news means it’s actually ranking the average salary from the employee side, and not just CEOs.

https://automaton-media.com/en/news/nintendo-ranks-third-among-most-sought-after-employers-in-japan/

Sorry Sour Grapes Gang, they’re actually a good company. Go play PS5’s outstanding Live Service games…

Must be a tough pill to swallow for people here constantly asserting Nintendo is so evil and jumping all over every tiny hint of someone not having a completely perfect experience working for them.

Nintendo also rewards their employees in very cool ways. When a game is a success, they take the entire development team on vacation, all paid.

I always thought of Tokyo vs. Osaka as north vs. south since Japan is such a vertical country.

@PinderSchloss Companies with fewer than 20 employees were excluded.

@Thomystic Ehm… Sure. You do realise that was an exaggeration for clarity, right?

That's way better than the part of Japan I live in where our daily reward for our hard work is an increase in price of some basic necessity. Yesterday it was eggs!