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Elmodipus t1_j7uor02 wrote

Reply to comment by Flash_Fire009 in Nintendo promises 10% pay hike even as it trims profit outlook by chipoloniusrex

Isn't that fairly common with Japanese corporations? Isn't the CEO or President seen as the guy responsible for everything so they cut their own pay as a way of accepting that responsibility?

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Flash_Fire009 t1_j7up1a9 wrote

It might be, I’m no expert on Japanese business culture so I can’t say for sure.

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bdd6911 t1_j9rdcdi wrote

Yeah. There was a Japanese company who sold some product (like a a snack food item, can’t recall exactly) and they made a commercial apologizing for having to raise the price from like 1.99 to 2.49…they hadn’t raised the price in 30 years. They were genuine about apologizing, entire staff was in the commercial apologizing. Love the pride involved.

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