Nintendo boss earns $770,000 basic salary
Japanese executives reveal pay as Sony and Sega Sammy bosses lead the pack
Nintendo president and CEO Satoru Iwata has been revealed to earn a basic salary of just ¥68 million ($0.77m), rising to ¥187 million ($2.11m) with performance-based bonuses.
The figure stands in stark contrast to that of Sony CEO Sir Howard Stringer who is revealed to earn a total of ¥816.5 million ($9.20m).
The salary revelations came as a result of new legislation in Japan, which requires companies to reveal the salaries of any board member earning over ¥100 million ($1.13m).
According to website andriasang the salaries of other Nintendo board members were not stated individually, although a group of six - including legendary developer Shigeru Miyamoto - were revealed as earning ¥100 million ($1.13m) in total.
Miyamoto has always claimed that his basic pay is in line with other less well known producers at Nintendo, after repeatedly refusing a more exorbitant salary.
By comparison other videogame executives who reported their salaries include Sega Sammy Holdings CEO Osamu Satomi on ¥435 million ($4.90m), Square Enix CEO Yoichi Wada on ¥240 million ($2.70m), and Namco Bandai Holdings president Kazunori Ueno on ¥137 million ($1.54m).
By comparison Activision CEO Bobby Kotick is believed to have earned $3.15 million in 2009, according to Forbes. Electronic Arts CEO John Riccitiello easily outstripped him though on $9.85 million, according to the same source.
Robbie Bach, current president (until his planned retirement this autumn) of Microsoft's Entertainment & Devices division, which includes the Xbox brand, earned $6.21 million in 2009.

Well the Sony CEO is doing well, this relates to my previous about comment about piracy. Games aren't movies and cannot be treated as such, reception is different an therefore revenue is considerably different. With Sony paying one person as much as they are is it any wonder they charge £44.99 for new releases? I know a large percentage is divided out to the developers but are they really so naive to think that with games costing so much, (not just because of this guys salary I'll point out) people aren't coerced into piracy?
Just a thought?
Edited 1 times. Last edit by Phil Shaw on 29th June 2010 1:45pm
Posted:2 years ago