Nintendo announced on February 7 that it will raise wages for all employees in Japan by 10% from April.The Sankei Shimbun). In addition to regular employees, non-regular employees are also eligible.
At an online press conference held on February 7, Nintendo announced that it had revised down its earnings forecast for the entire group for the current fiscal year, taking into account factors such as lower-than-expected sales of Nintendo Switch. ing(NHK). The forecast as of November 2022 was reviewed, and sales were revised downward from 1.65 trillion yen to 1.6 trillion yen, and final profit was revised downward from 400 billion yen to 370 billion yen.
Meanwhile, in the announcement, Nintendo revealed that it will raise the wages of all its domestic employees by 10% starting in April. In addition to full-time employees, contract employees, part-time employees, and part-time workers will also be increased by the same amount. The wage increase will include starting wages for university graduates who join the company in April, and will be raised from the previous 233,000 yen to 256,000 yen.
At this press conference, Nintendo President Shuntaro Furukawa mentioned that the financial burden of daily life is increasing due to the impact of soaring prices. He also said that it is essential to secure excellent human resources in order to increase the company’s competitiveness, and that it is meaningful from a long-term perspective to review the salary level at this timing.
Last year, several domestic game companies, including Capcom, Bandai Namco Entertainment, and Koei Tecmo Games, came up with policies to improve the treatment of their employees (related articles 1, 2, 3). In addition, in response to the recent rise in prices, many companies, regardless of the game industry, have announced wage increases this spring. Nintendo is also planning to raise wages from a long-term perspective due to the competition to acquire human resources and soaring prices. The average annual income of Nintendo employees is 9.89 million yen, according to the securities report.he adds）。