Read from NintendoLife and Reuters:
Despite a downturn in sales and profits for Nintendo in its third quarter, it's reportedly raising the base salaries of its employees by 10% in its homeland.
The Japanese video game giant is taking action to secure the "long-term growth" of its workforce. It follows calls from the country's Prime Minister Fumio Kishida - asking local companies to increase pay for workers to combat inflation.
Nintendo has also revised its annual software sales forecast from 210 million units to 205 million units and reduced its Switch sales target from 19 million to 18 million for the next period. The revised forecast and decline in earnings are tied to inflation within the local economy as well as fluctuations in foreign exchange markets.
The company has previously said it does not plan to raise software or console prices in the near future but is open to a price hike if circumstances change. It's also remained tight-lipped about a possible successor to the Switch.
Despite a downturn in sales and profits for Nintendo in its third quarter, it's reportedly raising the base salaries of its employees by 10% in its homeland.
The Japanese video game giant is taking action to secure the "long-term growth" of its workforce. It follows calls from the country's Prime Minister Fumio Kishida - asking local companies to increase pay for workers to combat inflation.
Nintendo has also revised its annual software sales forecast from 210 million units to 205 million units and reduced its Switch sales target from 19 million to 18 million for the next period. The revised forecast and decline in earnings are tied to inflation within the local economy as well as fluctuations in foreign exchange markets.
The company has previously said it does not plan to raise software or console prices in the near future but is open to a price hike if circumstances change. It's also remained tight-lipped about a possible successor to the Switch.
