Nintendo president Shuntaro Furukawa confirmed at today’s annual shareholder meeting that the company has raised base salaries for all employees in Japan by 10%.
Furukawa has always been clear that the people behind Nintendo’s IP are the company’s real asset. At the 86th Annual General Meeting in Kyoto, he put money behind it.
Nintendo raises employee salaries to retain talent
“We maintain salaries at an appropriate level,” he told investors. “We are implementing salary increases, such as raising the base salary by 10%.”
It wasn’t the only thing on his plate, though. Shareholders grilled him on semiconductor prices, which he confirmed had fed into the Switch 2 price increase, and he said Nintendo was in ongoing long-term discussions with business partners to manage it.
Someone asked whether Nintendo should ditch YouTube for its own streaming platform after Google employees previously leaked Direct content, to which Furukawa replied they were still researching the best way to get information out, which is a very Nintendo answer.
On generative AI, he gave a measured statement: the company has used AI-adjacent systems for years, enemy movement being one early example, and it’s complying with legal regulations as they develop across different markets.
The meeting also marked the end of an era for Takashi Tezuka, one of Miyamoto’s longest-serving collaborators and a producer behind Super Mario Bros. and The Legend of Zelda, who stepped down after 42 years at Nintendo.
For more on what Nintendo has been up to, here’s everything announced at the Nintendo Direct in June, and a full breakdown of the Switch 2 and Nintendo Switch Online price increases that came earlier this year.
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