Following the announcement of Nintendo’s recent financial results, Nintendo president Satoru Iwata will be taking a 50% reduction on his salary… and legendary game designer Shigeru Miyamoto and Nintendo vet Genyo Takeda will take a 30% wage reduction.
In conjunction, seven other members of Nintendo’s board will take a 20% salary reduction. All of this is happening because Nintendo expects further financial losses in the year ahead, due to the poor sales of the Wii U console.