Heavenly_King said:
Yeah, I suppose that could be the case, but something really fishy must be going on if only 3 months later they are making a price-cut. And If they are just doing it because of the incomming arrival of the PSVITA, then PSVITA is a beast indeed :D. They even went so far to even lower the salary of most important people at nintendo that is just weird man. link: http://nintendoeverything.com/70659/ |
no the salaryis only indirectly linked to that.
A) they are japanese and accept punishment for failure, rather, they punish themselves for failure.
B) their failure is on revenues over the past 18 months... they have not managed to lift the curve and it becomes apparent that the curve will stay low untill next christmass -> big failure for a money printing house.
You have to realize that directors and high executives answer to the board and the board is elected by shareholders. Low revenues and dipping shares makes the shareholders and therefore the board (as they look bad) unhappy. The salary slash is a way for the executive to avoid having to resign under shareholder presure... and salaries at that level is a bit irrelelvent, your money is made on bonnuses and they made a ton in the past few years.... hopefully they'll make a ton in 12month's time too. (I may be off on the workings of nintendo, i'm speaking more in general terms here).
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