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Forums - Nintendo - Iwata earns $770k basic salary, Miyamoto gets $1.3 million!

Mr Khan on 29 June 2010

BanDai Namco is getting ripped off though.



Monster Hunter: pissing me off since 2010.

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ninty_shareholder64 on 29 June 2010

I think Stringer is overpaid, like many others...



irstupid on 29 June 2010

It doesnt' work both ways

If your a CEO and you do nothing but your business makes billions, the directors will vote you out and see no need for.

If your a CEO and working your ass off but you are losing billions, the directors will vote you out and hire someone new and hope thier business model/plan works.

Working your ass off on something that doesn't work means nothing compared to a plan that does work.



Ataraxias on 29 June 2010
irstupid said:

It doesnt' work both ways

If your a CEO and you do nothing but your business makes billions, the directors will vote you out and see no need for.

If your a CEO and working your ass off but you are losing billions, the directors will vote you out and hire someone new and hope thier business model/plan works.

Working your ass off on something that doesn't work means nothing compared to a plan that does work.

The first isn't true at all.  Most companies are shortsighted and will vote to keep the status quo due to the big numbers.  Look at General Motors;  Wagoner didn't do anything other than continue what his predecessors did which drew in big numbers, only to completely tank a few years later.



Solid_Snake4RD on 29 June 2010
MARCUSDJACKSON said:

9m? that would last me a life time or 2


you must have a poor lifestyle

 

$9m isn't enough and nowhere enough when you are a CEO and have his lifestyle



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Solid_Snake4RD on 29 June 2010
kowenicki said:
Solid_Snake4RD said:
kowenicki said:
Solid_Snake4RD said:
kowenicki said:
Solid_Snake4RD said:
kowenicki said:
Solid_Snake4RD said:
kowenicki said:
Solid_Snake4RD said:
kowenicki said:
Solid_Snake4RD said:

they earn much more throught their share



so will Stringer...


SONY has a loss

 

so he won't get naything on his shares

 

also Stringer has does not have a big share in SONY but was mostly appointed as he was american and because his management skills


What are you talking about?  

A share still has a value if a company makes a loss... and a company can still pay a dividend if a company makes a loss. 

I'm not sure you have any idea about this.


but how much will they pay if they make a loss compared to profits

Well his salary was 4.5m and he got 4m in shares... see my post above.  He is clearely grossly overpaid for the japanese marketplace and amongst his peers. 

WESTERN employees thrive on bonuses



So now, from your last two posts, you agree he is paid much more than his peers but it is just because he is western... 

So he walked into the job as CEO and said you must pay me more becuase I am from the west... ??  I see.


normally WESTERNERS are payed more bonus and thrive on it

he could have demanded more  depeding on how he performs.alot of bonuses are depended on the conttract he has signed and the revenues company made

 

the SONY shareholders wouldn't have signed him because of his high salary but because westnerners get the job done and are strict which was what SONY needed at that time

He became CEO in 2005.... they will still profitable then...

they were but the expenses of developing CELL,BLU-RAY were already made.

 

they couldn't just drop it and say it was too expensive so we didn't implement it

 

also everybody knew that SONY was gonna have a loss no matter what but thwen it is a future and people are seeing now from this year,its  profit

Correct... which makes Stringers performance even worse...  I think you need to stop digging.

People did not know that "sony was gonna have a loss" ... sony had not had a loss for about 16 years until those recent losses.  Stop just making things up.  They were screwed by ridiculously tight profit margin and a fluctuating yen... in other words they had a very risky business model that blew up when the currency moved against them. 

Anyway im done now... Stringer has performed badly and been paid handsomly... if you think thats good then fine.

how am i digging?????????????????????

 

the currency alone didn't blew them up

 

i don't know how any other CEO would have avoided this

 

he actually made SONY better by bringing all its different departments closer and co-operate with each other

 

and so you are done now after making up a story



Solid_Snake4RD on 29 June 2010
kowenicki said:
Ataraxias said:
kowenicki said:
Ataraxias said:
kowenicki said:
Ataraxias said:
kowenicki said:
Ataraxias said:
kowenicki said:
Arcturus said:
kowenicki said:
Arcturus said:
sethnintendo said:

Looks like Sony is overpaying for their CEO....

Is he really overpaid if Sony earned $80B in revenue over the past year versus Nintendo with $5.6B?



lol...

And one ALWAYS made a proifit, the other hasn't for 2 years.

Revenue is vanity... Profit is reality.

As ShadowSnake mentioned, I was merely pointing out that the two companies are quite different in size and therefore you can't directly compare compension levels as easily as they were.

Ok...

Which is why I then posted the article which compared him with the CEO's of  similar companies...

Except they're not that similar at all...

You're comparing Nintendo who does Video Game Hardware/Software and merchandise related to them; ONE GENERAL MARKET.

vs.

Sony who does all of the above Music, Film, Consumer Electronics, PCs/Laptops, Computer Software, Phones, Financial/Banking Services, IT services, and Industrial Components such as semiconductors.

Comparing the salaries of a singular market leader vs a conglomerate is silly.  Unless you believe Stringer is as involved in the gaming segment as Iwata is.  Which is laughable. 

sigh...

go and READ the article I posted... NOT the OP article.

then you can apologise. 

Or you can get off your high horse because your article does nothing to compare the actual JOBS of Stringer vs Iwata or any other CEO involved here.

Sony being a conglomerate requires Stringer analyze and deal with over a dozen markets vs Iwata's one.  By default Stringer has a higher comparative workload and should have a comparatively higher salary to boot.


So you still didnt read the article I posted... ok.

It compares Stringer with the CEO's of other huge Japanese based multinantionals...   and concludes he is overpaid.

Perhaps you should read your own article.  Or learn what a conglomerate is vs a multinational.  

The article only names Nissan and Panasonic, neither of which are conglomerates,  Panasonic compares to Sony better than Nintendo, but it's still far more narrow in scope than Sony.

"making him one of the highest paid executives at a Japanese company."

Thanks for quoting that line...  are you suggesting there arent any other japanese companies that are conglomerates?

btw, Panasonic is very much a conglomerate.

Somehow you missed the rest of it.

"making him one of the highest paid executives at a Japanese company."  - There's nothing to compare the actual jobs or scope of the companies.

I'll admit I made a writing mistake there as while Panasonic is a conglomerate, I meant that it still doesn't compare in sheer scope to Sony.   Panasonic almost entirely a electronics conglomerate; not dealing with Film or Computer Software etc.  

Again I would expect the executive that is required to deal with more market segments to be paid comparatively more.



So would I if he was successful...

profit doesn't always mean success



Solid_Snake4RD on 29 June 2010
Alby_da_Wolf said:
Solid_Snake4RD said:
sethnintendo said:

Looks like Sony is overpaying for their CEO....


not at all

 

IWATA and many companies head take small checks to show they are earning very less

 

but they take in much more throught shares


Quite fair, though, so the biggest part of their earnings depends on their results.

not always

 

when a CEO knows the company is going to profit immensely

 

he may decrease his slary to show he is a humble person or does get paid very low but shares do own him much much more



Solid_Snake4RD on 29 June 2010
Ataraxias said:
kowenicki said:
Ataraxias said:
kowenicki said:
Ataraxias said:
kowenicki said:
Ataraxias said:
kowenicki said:
Ataraxias said:
kowenicki said:
Arcturus said:
kowenicki said:
Arcturus said:
sethnintendo said:

Looks like Sony is overpaying for their CEO....

Is he really overpaid if Sony earned $80B in revenue over the past year versus Nintendo with $5.6B?



lol...

And one ALWAYS made a proifit, the other hasn't for 2 years.

Revenue is vanity... Profit is reality.

As ShadowSnake mentioned, I was merely pointing out that the two companies are quite different in size and therefore you can't directly compare compension levels as easily as they were.

Ok...

Which is why I then posted the article which compared him with the CEO's of  similar companies...

Except they're not that similar at all...

You're comparing Nintendo who does Video Game Hardware/Software and merchandise related to them; ONE GENERAL MARKET.

vs.

Sony who does all of the above Music, Film, Consumer Electronics, PCs/Laptops, Computer Software, Phones, Financial/Banking Services, IT services, and Industrial Components such as semiconductors.

Comparing the salaries of a singular market leader vs a conglomerate is silly.  Unless you believe Stringer is as involved in the gaming segment as Iwata is.  Which is laughable. 

sigh...

go and READ the article I posted... NOT the OP article.

then you can apologise. 

Or you can get off your high horse because your article does nothing to compare the actual JOBS of Stringer vs Iwata or any other CEO involved here.

Sony being a conglomerate requires Stringer analyze and deal with over a dozen markets vs Iwata's one.  By default Stringer has a higher comparative workload and should have a comparatively higher salary to boot.


So you still didnt read the article I posted... ok.

It compares Stringer with the CEO's of other huge Japanese based multinantionals...   and concludes he is overpaid.

Perhaps you should read your own article.  Or learn what a conglomerate is vs a multinational.  

The article only names Nissan and Panasonic, neither of which are conglomerates,  Panasonic compares to Sony better than Nintendo, but it's still far more narrow in scope than Sony.

"making him one of the highest paid executives at a Japanese company."

Thanks for quoting that line...  are you suggesting there arent any other japanese companies that are conglomerates?

btw, Panasonic is very much a conglomerate.

Somehow you missed the rest of it.

"making him one of the highest paid executives at a Japanese company."  - There's nothing to compare the actual jobs or scope of the companies.

I'll admit I made a writing mistake there as while Panasonic is a conglomerate, I meant that it still doesn't compare in sheer scope to Sony.   Panasonic almost entirely a electronics conglomerate; not dealing with Film or Computer Software etc.  

Again I would expect the executive that is required to deal with more market segments to be paid comparatively more.



So would I if he was successful...

I'll concede this if you can find something to show how he could be doing better.  I mean it's one thing if he's playing golf 300 days a year and the company drops, vs working 50hrs a week and still having the company drop due to whatever.  I honestly don't know where he falls within that kind of scale


leave him

he doesn't understand what work for future means,only interested in what happens today



Cheebee on 29 June 2010

Lol looks like there's one person in this thread posting more than all other users combined. XD



Nintendo Network ID: Cheebee   3DS Code: 2320 - 6113 - 9046