[huffmsa]

Satoru Iwata took a large pay cut when Nintendo was in a downturn in 2014ish

[ChrisMarshallNY]

That's actually not uncommon in Japan. CEOs are basically married to their companies, and take their performance quite personally.

Also, Japanese execs are paid substantially less than their US/UK counterparts.

I doubt that it has happened in quite a while, but there have been CEOs that have committed suicide, when their companies failed.

Doubt that will catch on, in the US.

[rippercushions]

The salaries of Japanese execs are indeed tiny by US standards. However, as Kalzumeus says, instead of paying money so you can buy status, Japanese companies give status directly: company cars with drivers, company villas, very generous expense accounts, etc etc.

[eganist]

Good call. https://www.bbc.com/news/business-25941070

[lucasyvas]

Came here to say this one.