22 replies to this topic

[explosiveegg]

I found this interesting, and thought Id share it with the Atari Age forums.

Due to the poor sales of the 3DS (and companies pulling titles for the system), Nintendo felt they needed to do something drastic, thus the Future Price Cut was in order.
Though Nintendo is strong believers in keeping a positive net revenue, so they felt the need to significantly reduce a lot of peoples salaries
that are high up in the company.

Thus the President, reduced his salary 50%, and many others did around 30% as well.

Now if only American companies would be noble like that when something goes sour.

If he keeps up this trend though, Im wondering how little he will be making after the Wii U flops =P,
there was a pretty interesting article about how the Japanese arent even really exited about it.

Link to brief article

[Itchy Koala]

Honestly that's a pretty amazing sacrifice for him to make. I would +1 him if I could.

[ATARI7800fan]

good job on him for taking a wage cut but I think this also shows Nintendo financially is not doing as well as some people seem to think.

[wood_jl]

They're just trying to keep from being canned by the Japanese brass. I don't think they'll have any trouble paying the bills, even if they get canned.

[the.golden.ax]

Well, it sure beats being murdered in a fake car crash.

RIP Virtual Boy creator Gunpei Yokoi.

AX

[toiletunes]

How much of his income is "salary," and how much is bonuses and/or stock options etc?

seriously though, this is a cool thing for him (and the others) to do.

[akator]

It's nice to see a company exec with some morals.

Remember all of the bank bozos that got bonuses after getting bailed out by the US government and taxpayers? There should be laws to prevent that from happening, since so few business leaders have the moral compass to do the right thing on their own.

[SlammedNiss]

If only US corporation owners would follow the same suit. How many US companies were bailed out by the govt., and the owners continued to take lavish vacations and receive lavish paychecks.

[Tr3vor]

May they set an example for the US.

[Reaperman]

How symbolic of them.

Stepping down would be a bit more useful.
And isn't there something the japanese do with their swords in cases like this?

Actually, if it wasn't for this story, I would have just figured that 3ds was mostly according to plan, and the higher initial prices were to avoid shortages, as with the wii. 3ds may be in real, don't-bother-with-it-at-any-price, DOA trouble.

Edited by Reaperman, Sat Jul 30, 2011 2:57 PM.

[moycon]

Reaperman, on Sat Jul 30, 2011 2:49 PM, said:

Actually, if it wasn't for this story, I would have just figured that 3ds was mostly according to plan, and the higher initial prices were to avoid shortages, as with the wii. 3ds may be in real, don't-bother-with-it-at-any-price, DOA trouble.

Hmmmm I dunno. That high price did seem crazy, even to me.
I just assumed they were making up for the last 2 years of crap Wii sales.
You might want to be careful making post like this though... you don't want to be labeled a conspiracy theorist on AA now do you!?
I suppose next you'll want the undisputed proof Bin Laden was killed released?

[explosiveegg]

the.golden.ax, on Sat Jul 30, 2011 10:37 AM, said:

Well, it sure beats being murdered in a fake car crash.

RIP Virtual Boy creator Gunpei Yokoi.

AX

Maybe the modern president of nintendo is afraid of getting murdered as well, so he tried to appease everyone with a salary cut

All joking aside, I doubt Gunpei Yokoi was intentionally killed, I mean he did create the Game Boy after all.

If he was killed, it was for resigning from nintendo the year prior, as opposed to creating the virtual boy in (i believe) '93.

moycon, on Sat Jul 30, 2011 9:03 PM, said:

Reaperman, on Sat Jul 30, 2011 2:49 PM, said:

Actually, if it wasn't for this story, I would have just figured that 3ds was mostly according to plan, and the higher initial prices were to avoid shortages, as with the wii. 3ds may be in real, don't-bother-with-it-at-any-price, DOA trouble.

Hmmmm I dunno. That high price did seem crazy, even to me.
I just assumed they were making up for the last 2 years of crap Wii sales.
You might want to be careful making post like this though... you don't want to be labeled a conspiracy theorist on AA now do you!?
I suppose next you'll want the undisputed proof Bin Laden was killed released?

Hey, Im kind sketchy on the Bin Laden thing, only because the government was so weird about everything. If they wouldve stated there was not pictures, I wouldve believed, but they stated theyre were, and said they would show everyone, but then didnt.

Also Obama's speech really pissed me off, it seemed like it was all his doing... and gave no one else credit, didnt even pay the team the $1mil DOA they had on BinLadens head... Either way, it all just seemed like Obama wanted to make up for the lack of change we got, in hopes for winning the next election...

You cant denie that they government was really stupid around the whole subject... after all, we did the noble thing and killed Bin Laden and buried in the way he wanted, when we wouldnt even let Sadam be killed in front of a firing squad like he wanted.

Edited by explosiveegg, Sat Jul 30, 2011 11:28 PM.

[rxd]

Edited by rxd, Sun Jul 31, 2011 7:03 AM.

[Nall3k]

explosiveegg, on Sat Jul 30, 2011 11:22 PM, said:

the.golden.ax, on Sat Jul 30, 2011 10:37 AM, said:

Well, it sure beats being murdered in a fake car crash.

RIP Virtual Boy creator Gunpei Yokoi.

AX

Maybe the modern president of nintendo is afraid of getting murdered as well, so he tried to appease everyone with a salary cut

All joking aside, I doubt Gunpei Yokoi was intentionally killed, I mean he did create the Game Boy after all.

If he was killed, it was for resigning from nintendo the year prior, as opposed to creating the virtual boy in (i believe) '93.

moycon, on Sat Jul 30, 2011 9:03 PM, said:

Reaperman, on Sat Jul 30, 2011 2:49 PM, said:

Actually, if it wasn't for this story, I would have just figured that 3ds was mostly according to plan, and the higher initial prices were to avoid shortages, as with the wii. 3ds may be in real, don't-bother-with-it-at-any-price, DOA trouble.

Hmmmm I dunno. That high price did seem crazy, even to me.
I just assumed they were making up for the last 2 years of crap Wii sales.
You might want to be careful making post like this though... you don't want to be labeled a conspiracy theorist on AA now do you!?
I suppose next you'll want the undisputed proof Bin Laden was killed released?

Hey, Im kind sketchy on the Bin Laden thing, only because the government was so weird about everything. If they wouldve stated there was not pictures, I wouldve believed, but they stated theyre were, and said they would show everyone, but then didnt.

Also Obama's speech really pissed me off, it seemed like it was all his doing... and gave no one else credit, didnt even pay the team the $1mil DOA they had on BinLadens head... Either way, it all just seemed like Obama wanted to make up for the lack of change we got, in hopes for winning the next election...

You cant denie that they government was really stupid around the whole subject... after all, we did the noble thing and killed Bin Laden and buried in the way he wanted, when we wouldnt even let Sadam be killed in front of a firing squad like he wanted.

Sigh, not getting too political but I too saw Obama's speech and nowhere in it did he strike me as taking credit for himself. In fact most of it was praise for the ''valiant'' efforts of our armed forces. Besides keep one thing in mind, he is the Commander and Chief so he more than likely ordered the raid in the first place. I get the feeling if the mission had failed and the Navy Seals killed or captured, Obama would have been given all the blame by the Republicans. But enough politics as it is.

[explosiveegg]

Nall3k, on Sun Jul 31, 2011 5:42 PM, said:

explosiveegg, on Sat Jul 30, 2011 11:22 PM, said:

the.golden.ax, on Sat Jul 30, 2011 10:37 AM, said:

Well, it sure beats being murdered in a fake car crash.

RIP Virtual Boy creator Gunpei Yokoi.

AX

Maybe the modern president of nintendo is afraid of getting murdered as well, so he tried to appease everyone with a salary cut

All joking aside, I doubt Gunpei Yokoi was intentionally killed, I mean he did create the Game Boy after all.

If he was killed, it was for resigning from nintendo the year prior, as opposed to creating the virtual boy in (i believe) '93.

moycon, on Sat Jul 30, 2011 9:03 PM, said:

Reaperman, on Sat Jul 30, 2011 2:49 PM, said:

Actually, if it wasn't for this story, I would have just figured that 3ds was mostly according to plan, and the higher initial prices were to avoid shortages, as with the wii. 3ds may be in real, don't-bother-with-it-at-any-price, DOA trouble.

Hmmmm I dunno. That high price did seem crazy, even to me.
I just assumed they were making up for the last 2 years of crap Wii sales.
You might want to be careful making post like this though... you don't want to be labeled a conspiracy theorist on AA now do you!?
I suppose next you'll want the undisputed proof Bin Laden was killed released?

Hey, Im kind sketchy on the Bin Laden thing, only because the government was so weird about everything. If they wouldve stated there was not pictures, I wouldve believed, but they stated theyre were, and said they would show everyone, but then didnt.

Also Obama's speech really pissed me off, it seemed like it was all his doing... and gave no one else credit, didnt even pay the team the $1mil DOA they had on BinLadens head... Either way, it all just seemed like Obama wanted to make up for the lack of change we got, in hopes for winning the next election...

You cant denie that they government was really stupid around the whole subject... after all, we did the noble thing and killed Bin Laden and buried in the way he wanted, when we wouldnt even let Sadam be killed in front of a firing squad like he wanted.

Sigh, not getting too political but I too saw Obama's speech and nowhere in it did he strike me as taking credit for himself. In fact most of it was praise for the ''valiant'' efforts of our armed forces. Besides keep one thing in mind, he is the Commander and Chief so he more than likely ordered the raid in the first place. I get the feeling if the mission had failed and the Navy Seals killed or captured, Obama would have been given all the blame by the Republicans. But enough politics as it is.

"... so shortly after taking office, I contacted the CIA, to make thing killing of capture of Osama the top priority"
" last week, i determined we had enough intelligence to take action, and authorized and operation to get osama binladen, today, at MY direction, the united states..."
"over the years I made clear, that we would take action"

ect, none of the information regarding himself was required or necessary, and for that, it made it sound like his re-election was important.

Either way, he lost my believe when he did that health care bill, that will only cost the american budget a lot of money, and now hes focusing on eleminating things like that...

[wood_jl]

How (why?) does a story about Nintendo become about Obama politics? The mods are going to step in here guys, because of this. I suggest we make some non-political posts, and preempt them.

[Tr3vor]

In before the lock?

[moycon]

wood_jl, on Sun Jul 31, 2011 7:58 PM, said:

How (why?) does a story about Nintendo become about Obama politics?

LOL My bad.
GUYS that was a joke aimed at Reaperman's post.
To me it just reeked a bit of C.T. It wasn't ment to kick off anything other than a giggle.

Back on the subject. Our government leaders just reached a reach a debt agreement. They are now allowed to blow more cash!!! WOOT!!
Did they give up anything? Pensions? Pay cuts? How about maybe giving up free alcoholic drinks on their jet rides?

No sir. They would laugh in my face at the suggestion no doubt.

I think American leaders could learn a lot from the President of Nintendo.

[ATARI7800fan]

moycon, on Sun Jul 31, 2011 8:16 PM, said:

wood_jl, on Sun Jul 31, 2011 7:58 PM, said:

How (why?) does a story about Nintendo become about Obama politics?

LOL My bad.
GUYS that was a joke aimed at Reaperman's post.
To me it just reeked a bit of C.T. It wasn't ment to kick off anything other than a giggle.

Back on the subject. Our government leaders just reached a reach a debt agreement. They are now allowed to blow more cash!!! WOOT!!
Did they give up anything? Pensions? Pay cuts? How about maybe giving up free alcoholic drinks on their jet rides?

No sir. They would laugh in my face at the suggestion no doubt.

I think American leaders could learn a lot from the President of Nintendo.

The main problem with that idea is that there are too many that make it a job. I feel all politicians should have limits on how long they can stay in just like the president. Plus even if you have a few good ones like Obama and the Governor of Indiana that are willing to make pay cuts and raise taxes on the wealthy you have 10 more politicians that do not want to give anything up or loos there lobbyists and those are the ones that have to be happy to have anything in the government pass. That's the problem with politics the bad people out way the good. Back on subject while he did do the right thing the only reason company executives would lower there pay is if the company is not doing well financially.

Edited by ATARI7800fan, Sun Jul 31, 2011 11:30 PM.

[the.golden.ax]

STAR WARS CAR WASH!

[Tr3vor]

the.golden.ax, on Mon Aug 1, 2011 12:49 AM, said:

STAR WARS CAR WASH!

huh? oh time for star wars?

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[Mord]

Itchy Koala, on Sat Jul 30, 2011 1:39 AM, said:

Honestly that's a pretty amazing sacrifice for him to make. I would +1 him if I could.

Indeed. The poor guy will have to find some way to make ends meet on just a million a year. My heart goes out to him and his family in these hard times.

[Itchy Koala]

Mord, on Mon Aug 1, 2011 8:32 AM, said:

Itchy Koala, on Sat Jul 30, 2011 1:39 AM, said:

Honestly that's a pretty amazing sacrifice for him to make. I would +1 him if I could.

Indeed. The poor guy will have to find some way to make ends meet on just a million a year. My heart goes out to him and his family in these hard times.

I know I couldn't do it on only a million .