Wednesday, January 29, 2014

Nintendo Operating Results 2013


The time has finally come for Iwata and the rest of Nintendo to make some moves, take pay cuts and now rebuild and convince investors that they have a winning strategy in getting back in the black with profits and not losses.

So far they have already started with the first round of pay cuts:

 -President Satoru Iwata cutting salary by 50%
- other members of the board and Shigeru Miyamoto will take a pay cut of between 20-30%

- These cuts will last for 5 months


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