Nintendo is not doing well financially. They’re not going to keel over and die anytime soon, but their share price has taken a dive and the 3DS is not the raging success many expected it to be. In light of this, Satoru Iwata, the President of Nintendo of Japan has said that:
For cuts in fixed salaries, I’m taking a fifty percent cut, other representative directors are taking a 30 percent cut, and other execs are taking a 20 percent cut.
And that’s a wonderful gesture by the higher-ups at Nintendo. Let’s hope the recent price drop starts bringing the results they’ve been gunning for.