FILE PHOTO: People stand in front of Nintendo's logo in Tokyo, Japan January 13, 2017. REUTERS/Kim Kyung-Hoon
TOKYO (Reuters) -Japanese video game maker Nintendo Co Ltd said on Tuesday it plans to lift workers' base pay by 10% even though a firmer yen forced it to trim its full-year profit forecast.
The hefty pay hike comes amid calls by Prime Minister Fumio Kishida for Japanese companies to pay workers more as inflation takes hold in an economy used to years of deflation and stagnant wages, and as Japan prepares for its annual spring round of labour negotiations.
Already a subscriber? Log in
Save 30% OFF The Star Digital Access
Cancel anytime. Ad-free. Unlimited access with perks.
