Nintendo CEO Takes 50% Pay Cut
- Thread starter The Wooster
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It's hardly surprising the 3DS isn't making that much money considering everytime they release a DS it doesn't do much different from the original one, the changes are what? a webcam, lighter, bigger screen, and now 3d (not sure on this but doesnt the webcam one have a web browser too? i dont know i still have the original DS), in the current situation most people aren't willing to pay £2-300 on a DS which does mostly the same as the older ones.
I expect much of the same from the new Wii if i'm honest (going off what we've been shown) considering the only thing they've shown us so far is a new controller and hd graphics (which the other current gen consoles already have been doing for 6 years now).
I expect much of the same from the new Wii if i'm honest (going off what we've been shown) considering the only thing they've shown us so far is a new controller and hd graphics (which the other current gen consoles already have been doing for 6 years now).
I may not agree with a lot of their ideas lately, but I have to say Iwata and company are just awesome dudes. And, like others have said above... that was a TINY salary to begin with. 1.8 million, for the CEO of one of the biggest companies in one of the most valuable entertainment properties in the WORLD? Halving that, that's less than a million. That's not counting what actually has to, you know, spend.
It's still a lot, but it's tiny when you consider the circumstances.
It's still a lot, but it's tiny when you consider the circumstances.
"The pay cuts are ostensibly part of Nintendo management "taking responsibility" for poor 3DS sales"
Now that's noble, responsible and a great thing.
It's just extremely sad that this highlights the fact that all the other fatcat, corrupt slimes that call themselves top management NEVER do stuff like that.
They demand a full years salary plus bonusses when they are being fired for righteous reasons.
The world is just shit...
Now that's noble, responsible and a great thing.
It's just extremely sad that this highlights the fact that all the other fatcat, corrupt slimes that call themselves top management NEVER do stuff like that.
They demand a full years salary plus bonusses when they are being fired for righteous reasons.
The world is just shit...
I'm sorry to hear the 3DS isn't selling well, but I'm glad to hear that Iwata is taking responsibility for the less than stellar sales of the 3DS. I wish CEOs would take that kind of Corporate responsibility here in the US.
I've been waiting to bring this up for a while now, but I agree these adds are really annoying. Something really should be done about it because they are really ruining the Escapist.witheringsanity said:
It's rather sad to see Nintendo fall so bad, but it makes sense. Regular people just don't find the value in having the newest gadget (3DS) when they can have one that's somewhat less advanced (DS) for a much smaller price. On the other hand, gamers like me don't find the value in settling for second best (best being PSVita; HD portable = win).
If only all CEOs would take responsibility like this. I'm sure if this type of thing had happened to Microsoft or Sony then they would start laying people off and bringing salary cuts all around, except of course for the executives.
Almost makes me feel bad that there's no way in hell I'm going to buy a WiiU or 3DS.
Almost makes me feel bad that there's no way in hell I'm going to buy a WiiU or 3DS.
Nintendo of America makes me depressed.
Nintendo of Japan, however, continues to have my support.
Nintendo of Japan, however, continues to have my support.
You know, I try to hate Nintendo for all the crap they've got on the Wii and the remake of OoT, but then they go and do shit like this.
Damn Nintendo, why you gotta be so willing to own up to your mistakes?
Damn Nintendo, why you gotta be so willing to own up to your mistakes?
It might already have been pointed out, but having your usual pay cut would mean cutting back on things that seemed inconsquential before.esperandote said:
It'll be pretty different in the Iwata house.
I may be chided for submitting anecdotal evidence, particularly of the variety provided by an elder sibling, but what the Hell...Jumwa said:
My sister gets to do quite a bit of travelling (read: globetrotting) in her job. She said that the culture is so different in Japan because they take that honor shit seriously. Since she is one of the lead lobbyists for a major pharmaceutical company, she used this hypothetical example.
An American animal pharmaceutical company creates a salve that is applied to the back of a dog's ears. While the product is being vetted by the FDA (that's Food and Drug Administration to you non-Yanks out there), a dog owner who's agreed to test the product fails to remove the salve at the appropriate time, and absently allows his toddler to play with the dog. The product kills the child once it gets into her system. A lawsuit may occur, which will slow the vetting and eventual release of the product, but once the fault is established as the negligence of the father, the company will do just fine, and in all likelihood no one will use their job, save for the person who elected the father for the trial. The same thing happens with a Japanese product, and the CEO resigns in shame. No concessions are made for the sole blame belonging to the negligent father. Is that right? I don't think so, but apparently the Japanese disagree.
On topic: what I do agree with is Nintendo taking ownership of their own fuck-ups. They are both a monumentally stubborn and a ridiculously creative, risk-taking company (sticking with the cartridge format, Super Mario 64, and the Wii, respectively), so fuck-ups are a matter of time for them. It would appear that money alone is not the bottom line for Nintendo. Good on them.
Also: 1.7 Million for the head of the one company most synonymous with gaming? That's it?
...cut and paste from 2005, with the letter "U" added and no discernible sense of irony.koroem said:
Tell that to the anesthesiologist who tips me $5 every day for a cup of coffee.Denamic said:
And to all the rich people who give away a Helluvah lot more than $100 every year to charity, including both those who do it for their conscience and those who do it for the tax cut. Take away that and the churches, and there are no more charities.
I think the problem with the 3ds is marketing, its being sold as the DS with 3d instead of as its own system, if you have actually seen the improvements to it are enough to say comparing the 3ds to the DS is like comparing the gamboy to the gameboy advance, their is enough improvemt in hardware to justify buying it as it can now play truely 3d games at a respectible id say game cube lv quality and the the wii menu like interface is realy good. its just Nintendo has made some poor marketing decisions and should have launched on July 1st instead of march, because then people could get Zelda and street fighter at launch and only have to waite a little while for a cascade of good games