TOKYO: The head of Nintendo said Wednesday he would slash his salary in half after announcing a 30% dive in nine-month profit on weak demand for its new Wii U console as gamers are enticed by cheap, downloadable games for mobiles.
President Satoru Iwata told reporters he would draw a reduced salary for five months to atone for the downturn, while other members of the board will take a pay cut of between 20% and 30%.
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