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Satoru Iwata earns £500k a year

Up to £1.4m with bonuses.

Nintendo big cheese Satoru Iwata earns just over £500,000 a year, a new report has revealed.

While that sounds like a hell of a lot to us, compared to the salaries of other top Japanese game executives, it's a pittance.

Sony CEO Sir Howard Stringer earns a whopping ¥410m (£3m) salary, for example.

Don't feel too bad for Iwata, though. The Nintendo president, CEO and chief architect of the world famous money hat can net just under £1.4m with performance-related bonuses, reports Asahi (translated by andriasang).

A group of six Nintendo board members - including superstar developer Shigeru Miyamoto - are reported to earn ¥100m (just under £750,000) in total.

Apparently Miyamoto has refused the big bucks Nintendo can no doubt afford to pay him. What a trooper.