Satoru Iwata's Modest Salary

June 29, 2010 -

You would think that Nintendo president Satoru Iwata would make an obscene amount of money working for the world's most popular game company and the #1 console manufacturer, but a report in Asahi Shimbun says otherwise. According to the paper Iwata earns a salary of ¥68 million, or $770,000 USD. Iwata also earns a salary bonus of up to ¥187 million, or $2.1 million USD. Six Nintendo board members, including Shigeru Miyamoto, make right around ¥100 million, or $1.3 million USD, according to Asahi Shimbun.

That may sound like a lot of money until you put it into perspective; Iwata makes considerably less than other executives at Japanese game companies : Square Enix CEO Yoichi Wada brings home ¥240 million ($2.7 million), Sega Sammy Holdings CEO Osamu Satomi earns ¥435 million ($4.9 million) and Namco Bandai Holdings president Kazunori Ueno earns a cool ¥137 million ($1.54 million).

Of course money isn't everything, and it certainly isn't the measure of a man's talents or success; there are plenty of CEO’s and presidents that earn much more money but aren't as successful, charismatic or talented as Iwata.

Source: GI.biz

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Re: Satoru Iwata's Modest Salary

Iwata's income is less than half of that of Sega/Sammy CEO. I bet Nintendo uses the extra money to hire developers with actual talent.

If you go crazy then I will still call you Superman.

Re: Satoru Iwata's Modest Salary

The only way I can think of to "change my situation" is to escape my serfdom by escaping the capitalist system.  Anything else will merely be the mirage of escape while I generate wealth and income for someone else.

"use your talents, abilities, or knowledge to change your situation."

Meh, Snow White is a better fairy tale.  Tell that one.

Also, you do not know anything about me.  So do not say what does and does not become me.

-Ultimately what will do in mankind is a person's fear of their own freedom-

Re: Satoru Iwata's Modest Salary

So, are you claiming to be a talentless oaf who could barely flip a burger at McDonalds?  Do you have no original thought in your mind, and/or the determination to improve your station in life?

You really are so incredibly stupid that you need the entire fucking world to change at your whim to improve your life?  If not, you have no excuse for being poor in this country.  That's the whole point of a Capitalist economy.  If you have a thought and the determination to bring that thought to fruition, you WILL be successful.  Maybe, if you stopped complaining about other people's successes long enough to fix your own shit, you too would be successful.

---

With the first link, the chain is forged.

--- With the first link, the chain is forged.

Re: Satoru Iwata's Modest Salary

"If not, you have no excuse for being poor in this country."

Hanzel and Gretel is also another good fairy tale.  So you can tell that one or Snow White.  This fairy tale you are telling right now.  Eh, not so good.

One of my co-workers today kept working with chest pains and the shakes.  But he couldn't afford to go to the doctor as he has no coverage.  And even if he did he couldn't afford to call off and lose any part of a day's pay anyways.  "Fun" times.

The fact of the matter is that there are many people with lots of ideas and determination and they fail.  I knew someone who had that sort of positive attitude (he failed) who let the motivational speakers screw with his mind.  He said to me "Babe Ruth struck out more than he hit.  But when he did.."  To which my response was "There are many people who put forth so much more effort than Babe Ruth ever will.  And even still they could not overcome what they are, a failure who is a bench warmer on a minor league team, until they cannot even hold that spot.  They outnumber Babe Ruth a thousand to one".

Anyways, are you trying to appeal to my ego by calling me stupid in hopes that I will defend myself and say "I am not stupid!" and thus somehow fall into your trap.  Sorry, but I have no ego.  You want to call me stupid, I'll accept that.

-Ultimately what will do in mankind is a person's fear of their own freedom-

Re: Satoru Iwata's Modest Salary

I'm not trying to appeal to anything.  I'm merely pointing a fact, that the only barrier to success in a capitalist society is the individual.  All it takes is some personal responsibility.  The government didn't put you into the situation you are in, so you're pretty foolish to demand they get you out of it.  Rich people didn't put you into the situation you are in, so you're pretty foolish to demand their success be stripped from them for no reason other than you aren't successful.  The only person who put you into the situation you are in is you.  If you don't like your situation, you have the power to change it.

Apparently, you'd rather waste your time bitching about other people who chose to be successful.

---

With the first link, the chain is forged.

--- With the first link, the chain is forged.

Re: Satoru Iwata's Modest Salary

"I'm merely pointing a fact, that the only barrier to success in a capitalist society is the individual."

And they all lived happily ever after, the end.  Now back to the real world!

"you have the power to change it."

False.

"Apparently, you'd rather waste your time bitching about other people who chose to be successful."

"Chose" to be successful, right.

-Ultimately what will do in mankind is a person's fear of their own freedom-

Re: Satoru Iwata's Modest Salary

You know, you'd probably have a better station in life if you worked as hard at making money as you do making excuses for your poor station.

---

With the first link, the chain is forged.

--- With the first link, the chain is forged.

Re: Satoru Iwata's Modest Salary

Yeah, because my co-worker who has been working with chest pains because he can't afford time or money-wise to call of work to see a doctor will ultimately succeed.  Wait, no, he will probably drop dead at work.

And the individual I knew who tried to start up a business who always tried to feed me this "Babe Ruth struck out more times than he hit" is doing great now.  No, wait, he is financially screwed the rest of his life.

And right now there is some kid at Harvard on daddy's dime that is doing cocaine off of a hooker's ass who will fail.  No wait, they will probably get some six figure job.

And I'm sure at my last job where I took no breaks, snuck in to work early to get some extra work done, snuck back into work after I clocked out to do more work, I'm sure THAT now I'm successful for all of that.  No wait, I had a mental breakdown and ended up strapped into an ambulence.

So many who put forth massive amounts of effort fail.  Others who put forth a tenth succeed.  In the end it is a fairy tale to say that if you try you will succeed.  It all comes down to blind luck.  Especially in a capitalist system which favors the greedy and morally bankrupt as we are in.

My situation is what it is, and I have no power to change it outside a gun to the temple.

-Ultimately what will do in mankind is a person's fear of their own freedom-

Re: Satoru Iwata's Modest Salary

Whenever someone starts calling a salary of over a million dollars in a year "modest" you have some serious perspective problems.

Now if you excuse me I'm going to see if I can find enough change under my couch to get lunch.  Still reapin' the benefits of captitalism!

-Ultimately what will do in mankind is a person's fear of their own freedom-

Re: Satoru Iwata's Modest Salary

When someone starts justifying that someone else makes too much money, you have serious ideological problems.  If you don't have enough money to get lunch, that's your problem.  Living in a capitalist system allows you to generate your own wealth and income.  If you are unhappy with the money you make, then use your talents, abilities, or knowledge to change your situation.

Jealousy and victimhood do not become you.

Re: Satoru Iwata's Modest Salary

And as a multiple of the average worker's salary, I understand that it's MUCH lower than many American CEOs'.

 

Lord, grant me the strength to finish what I

The Devourer of Time awaits... Lord, grant me the strength to finish what I

Re: Satoru Iwata's Modest Salary

And Steve Jobs's base salary is $1.  That doesn't mean that's all he makes in a year.

I think the key phrase you're ignoring is "performance-based bonuses".

Re: Satoru Iwata's Modest Salary

They mentioned his bonuses.  It's not even 2 million a year US.

That's not a lot for a CEO.

---

With the first link, the chain is forged.

--- With the first link, the chain is forged.
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