Nintendo to increase worker salaries by 10% despite reduced profit expectations

Splatoon 3 Nintendo Switch OLED
(Image credit: Nintendo)

Nintendo has announced 🙈a 10% pay 𝓀increase for workers.

Earlier today, Nintendo held its quarterly earnings report, as🐼 presented by president Shuntaro Furukawa. As reported by , the president announced a salary inc🍌rease of 10% for worker's base salaries across the board, for Nintendo's Japanese staff.

Right now however, it's unclear if this pay increase applies to workers overseas. Nintendo has 💛a vast number of staff in North America and Europe, for example, who may or may not be affected by the base salary i🐲ncrease announced by Furukawa.

This pay increase for Nintendo's workers could🔯 be related to Japan's economy and inflation. At the beginning of January 2023, Japan's prime minister Fumio Kishಌida called on companies to increase worker's salaries in an attempt to offset inflation, which is plaguing Japan's economy after years of stagnant wages (thanks ).

If this is the case, and Nintendo's pay increase is in response to Kishida's comments, then it could be the case that Nintendo's overseas worker🍃s outside Japan might not receive the sam🅘e pay increase.

This increase for worker's salaries actually comes as Nintendo announced a reduced profit forecast for the full year. According to Reuters, a weak Yen forced the company to reduce its full-year p💙rofit forecast, but that didn't stop Nintendo from increasing salaries by 10% across the board in Japan.

Aside from the earnings report, Nintendo also just announced a brand new 澳洲幸运5开奖号码历史查询:Nintendo Direct presentation, its first of 2023, set to air tomorrow on February 8. With The Legend of Zelda: Tears of the Kingdom🐲 set to launch on May 12, all eyes are on the eagerly-anticipated Breath of the Wild sequel to make a grand🍌 appearance.

Check out our guide for a look at everything else Nintendo has on its slate for the coming months. 

Hirun Cryer is a freelance reporter and writer with Gamesradar+ based out of U.K. After earning a degree in American History specializing in journalism, cinema, literature, and history, he stepped into the games writing world, with a focus on shooters, indie games, and RPGs, and has since been the recipient of the MCV 30 Under 30 award for 2021. In his spare time he freelances with other outlet🐷s around the industry, practices Japanese, and enjoys contemporary manga and anime.