So How Much Does Iwata, Miyamoto Make?

¥100 million ($770,000 USD)
¥100 million ($1.13 million USD)

Which one is it?

Good to see someone who makes games for peoples enjoyment, not their own greed.

Gotta take my hats off to Nintendo. With all that profits from Wii and DS the big heads' salaries are the least of the bunch.

...wait, so where did all that profit go? R&D I suppose... 3DS FTW!!

to be honest, these numbers were strikingly low considering the billion dollar market they are in. course, these are their "salaries". you'd be very surprised what happens when accountants do tricks.

People often forget that good leadership is hard to come by and great leadership is very rare. Also I find that people think they can do the job of a CEO but never really understand what knowledge is needed to do the job properly.

If they can lead the company ethically to success they deserve some of that money... If they fail due to their own incompetence, they dont deserve it...

But ask yourself, if an executive keeps a company that's near death alive saving tens of thousands of jobs, do they deserve the million dollar salary they were collecting prior to the problems?

No matter how good you are at what you do you'll reach a point past reasonable compensation for actual work done at far, far lower numbers than any of these.

The remainder should be considered compensation for the responsibilities associated with the position itself.

I don't begrudge people these kind of salaries considering what they do, the thing that gets to me is that when you're paid according to your responsibilities you should also have to pay for failing to live up to them.

Seems like he does earn quite a bit less, though Nintendo does not do as much business as PS, or at least it just does not seem like it.

Those salaries don't include stock options and dividends from those stocks.

Salaries aren't the whole story. Take Steve Jobs for example, his salary at Apple per year is $1. However, he also owns 5.426 million shares in Apple and 138 million shares in Disney giving him a net worth of $5.5 billion. The big boys make their money with dividends etc on their stock. Miyamoto will be no different.

I think every CEO in the world needs to be legally restricted at 250,000$ a year. To hell with the lot of you monkey suits.

$1.13M - www.xe.com shows USD/YEN trading at 0.01129 right now.

Nintendo is only a video game company, sony and microsoft have very diverse branches handling many different markets.

The salaries are in line with the company revenue, with Nintendo being the most profitable game company on Earth, but having the lowest total revenue.

The difference between Sony and Nintendo is that Nintendo HAS to make profitable systems to survive. Sony on the other hand, just like Microsoft, is so diverse that they can eat major losses on their systems if it helps them in the long run. Microsoft seemed to succeed with Xbox losses leading into gains from Xbox 360. Sony was hoping the extra cost of their PS3 units that they ate would give them a return down the road by getting all the Blu-ray players out there and trying to drive the use of HD TVs.
Nintendo needs to produce systems that are cost effective and that people will enjoy since Nintendo only does games they can't eat the kind of losses Sony and Microsoft can on their game systems.

it's even worse than that too, because by either of those two exchange rates, ¥187 million does not equal $2.11 million USD

it would seem that the writer of this article has absolutely no idea how to use a calculator

^ very true

Underpaid of course. But dang that's alot!

please... why won't any CEO's be happy with 500k a year? =(

^ I think he used the I-phone conversion app.
zing

In a properly run company (and any company that is making money typically is), you are always bringing in more to the company than they are paying back to you. So even though someone is taking home over $9 million a year, they are under paid. Man, that's over $4,000 an hour!

Yeah I don't quite agree with this. Like someone already stated, these people pay a LOT of their income to taxes.

Also, the only reason these guys are making so much is because we as an American people give it to them. If people didn't watch all the games and buy all of the fan gear, these guys wouldn't be making the big bucks.

If their athletic abilities are something the public is willing and wanting to pay to see, then they deserve every bit of money they get. Whose to say that what they offer to the public is any less than the guys that make the 360, ps3, and wii?

In the end it all comes down to what people think is worth their money. Obviously professional athletics is worth every bit of its multi billion dollar business, because the people keep paying...

Just my two cents.

that is kind of flawed. The money is going to be taxed somewhere along the line. Whether income, poperty (expansions), Equipment, etc.

Compared to the others he may well be under paid, but it's still a boat load of money.
Most times if a CEO is not being paid insane amounts the rest of the employees in a company are better paid overall.

Either way good on him for not accepting over the top payment compared to others he works with.

Eh... what office are you in? the annual defence budget for UK (2010) is £44 billion. See http://www.ukpublicspending.co.uk/ [...] ng_30.html

The total wages for all players in the premier leage (the most expensive leage in the world) is almost £2 billion, considerably less: http://en.wikipedia.org/wiki/Premier_League

I doubt the pay 22 times more tax than their income.

These numberws are all dwarfed by the US defence spending (2011), of course, which is on the order of a trillion USD, or $1 000 000 000 000:
http://en.wikipedia.org/wiki/Milit [...] ted_States

What I'd like to see is the pay of a company's leadership be hard-wired to the company's actual profit; no profit, no pay. Lose 250 million in that quarter? Well, maybe we don't actually take money out of your pocket, but mark it as a minus on the books that you have to earn back before you start getting paid again.

At least, no bonuses when the company is sinking like a rock. I know, most of you upper management types out there do care about the company and fight for it all you can anyway, but you have to admit there are a significant number that pay themselves more than they are worth because they can get away with it, and do. Bring capitalism back to the boardroom; it will do us all good.

Other than that, I don't much care whether a CEO makes $600k or $6M. Some of these CEOs take responsibility for tens of thousands of employees and everything else a business has to deal with. The key to me is the "take responsibility" part. If they don't, they shouldn't get paid.

My respect for Miyamoto just rose significantly.

This statement is as dumb as it gets. Paying, taxing, taking out govermental overhead (40%-60%), then paying for services is the most inefficient possible system of funding. How could you even propose such a thing with a straight face?

I wouldn't say Miyamoto is underpaid, rather the other's are overpaid

They didn't state what sort of salary the Yahoo CEO makes (don't remember her name)

well at least this means Nintendo has more money to dump into an actual cpu/gpu setup rather than fumbling around with GameCube technology for all of eternity. I'm already poised to buy the new handheld they are going to offer. It is going to be the best thing since sliced bread.

Good to know that the money is going to employees and R&D. I was surprise by how much (or how little shall I say) Sir Howard Stringer makes, considering he is the head of Sony as a whole, but It is better at the end that the money is in the company.

probably using old samurai inflation rates