Friday, August 19, 2022
  • Hype
  • Murai
  • Lipstiq
  • Diva
  • Varnam
  • Moviedash
  • Autofreaks
Lowyat.NET
  • News
    • Lifestyle
    • Computing
    • Hardware
    • Internet
    • Rumours & Leaks
    • Software
  • Forums
    • Kopitiam
    • Tradezone
    • Property Talk
    • Finance & Business
    • Fast and Furious
  • Gaming
    • PC Gaming
    • Console
    • Esports
  • Mobile
    • Apps
    • OS
    • Tablets
    • Phones
    • Telco
      • Celcom
      • DiGi
      • Maxis
      • Tune Talk
      • U Mobile
      • Buzzme
  • Pricelists
    • Hardware
      • Compu-zone
      • Viewnet
      • Thundermatch
      • Sri Computers
    • Notebooks
      • Compu-zone
    • Smartphones
      • Thundermatch
  • More
    • Automotive Tech
    • Drone
    • Enterprise
    • Entertainment
    • Fashion
    • E-Hailing
    • Wearables
No Result
View All Result
Lowyat.NET
  • News
    • Lifestyle
    • Computing
    • Hardware
    • Internet
    • Rumours & Leaks
    • Software
  • Forums
    • Kopitiam
    • Tradezone
    • Property Talk
    • Finance & Business
    • Fast and Furious
  • Gaming
    • PC Gaming
    • Console
    • Esports
  • Mobile
    • Apps
    • OS
    • Tablets
    • Phones
    • Telco
      • Celcom
      • DiGi
      • Maxis
      • Tune Talk
      • U Mobile
      • Buzzme
  • Pricelists
    • Hardware
      • Compu-zone
      • Viewnet
      • Thundermatch
      • Sri Computers
    • Notebooks
      • Compu-zone
    • Smartphones
      • Thundermatch
  • More
    • Automotive Tech
    • Drone
    • Enterprise
    • Entertainment
    • Fashion
    • E-Hailing
    • Wearables
No Result
View All Result
Lowyat.NET
No Result
View All Result
Home Gaming Console

Nintendo Bosses Take Pay Cut Due To Poor Earnings

by Farhan
January 30, 2014
Share on FacebookShare on Twitter

wii u

Nintendo President Satoru Iwata has announced that he will be halving his pay. This comes as the console maker suffered another loss making year, with a total operating loss of 35 billion Yen in 2013. Other Nintendo executives will also take a pay cut of between 20 and 30 percent.

The reduced salary won’t last forever, as Nintendo has also announced that it is only in effect for five months. A move that is puzzling as this was mentioned to be a cost cutting measure. While it wouldn’t be too hard to imagine the company making a profit again in the second half of 2014, previous earnings have fallen well below what they were projected to be.

ADVERTISEMENT

Nintendo is facing stiff competition from both Sony’s PlayStation 4 and Microsoft’s Xbox One. A lack of triple A titles like Battlefield 4 and Assassin’s Creed have hampered sales. Despite this, the Nintendo 3DS handheld console is still doing well against the PlayStation Vita. In recognition of this, Nintendo has also announced that it will be bringing DS games to the WiiU through a virtual console.

Another shock move by the Japanese manufacturer is that they may be looking to license out their existing character rights to other companies. This is apparently to increase exposure for their games and hardware. It’s difficult to see this actually happening, but nobody will argue if BioWare gets to remake the Metroid series.

[Source: Engadget, Polygon]

Follow us on Instagram, Facebook, Twitter or Telegram for more updates and breaking news. 

Tags: 3DSnintendoSatoru Iwatawii u
Back to top
Share2Tweet1SendShare

ADVERTISEMENT

RELATED ARTICLES

Nintendo Switch OLED Model screen protector Joy-Con
Gaming

Nintendo’s Joy-Cons To Be Fully Supported On Steam Via Future Update

by Heirul Kamel
August 6, 2022
Kominfo unblock
Internet

Indonesia Unbans Steam Following Regulation Compliance

by Ian Chee
August 3, 2022
Internet

Indonesia Blocks Access To A Slew Of Online Services

by Ian Chee
July 31, 2022
LEGO Bowser box
Collectibles

LEGO Announces Bowser As Its Latest Set For Adults

by Ian Chee
July 8, 2022
Load More
No Result
View All Result

TRENDING TODAY

  1. 1
    Fintech

    Touch ‘n Go RFID Fuelling Finally Goes Official: Now Available At 88 Shell Stations

  2. 2
    Apps

    WhatsApp Is Giving You Two Whole Days To Delete Messages

  3. 3
    Console

    Nintendo Bosses Take Pay Cut Due To Poor Earnings

  4. 4
    Mobile Phones

    vivo Y35 Now Available In Malaysia For RM 1,099

  5. 5
    E-commerce

    airasia food Introduces Air-Flown Food Delivery From Penang To Klang Valley

Consumer Tech News & Reviews Malaysia

NETWORK

  • Hype
  • Murai
  • Lipstiq
  • Diva
  • Varnam
  • Moviedash
  • Autofreaks

ABOUT

  • Advertise
  • Careers
  • Privacy Statement
  • Contact Us
  • Editorial Policy
  • Terms & Conditions

©2022 LOWYAT MEDIA, LLC. ALL RIGHTS RESERVED.

No Result
View All Result
  • News
    • Lifestyle
    • Computing
    • Hardware
    • Internet
    • Rumours & Leaks
    • Software
  • Forums
    • Kopitiam
    • Tradezone
    • Property Talk
    • Finance & Business
    • Fast and Furious
  • Gaming
    • PC Gaming
    • Console
    • Esports
  • Mobile
    • Apps
    • OS
    • Tablets
    • Phones
    • Telco
      • Celcom
      • DiGi
      • Maxis
      • Tune Talk
      • U Mobile
      • Buzzme
  • Pricelists
    • Hardware
      • Compu-zone
      • Viewnet
      • Thundermatch
      • Sri Computers
    • Notebooks
      • Compu-zone
    • Smartphones
      • Thundermatch
  • More
    • Automotive Tech
    • Drone
    • Enterprise
    • Entertainment
    • Fashion
    • E-Hailing
    • Wearables

©2022 LOWYAT MEDIA, LLC. ALL RIGHTS RESERVED.

We use cookies to improve your experience. Learn More.