It mostly seems that Nintendo is trying very hard to prevent any concern over their stock price dropping like a rock https://www.shacknews.com/article/149817/nintendo-ntdoy-pres...
Nintendo has raised its employees base salary by 10%
211–220 of 371 posts
Re: Nintendo has raised its employees base salary by 10%
#212Earlier quoted context omitted.
As a kid, I always wondered why prices HAVE to keep going up. Seemed like a vicious cycle.
In the end it's really just greed. Companies always want to charge as much as they can get away with. They are constantly testing price increases to see how high they can get their prices before they start losing enough customers that it hurts their profits. Older customers who have an idea in their mind of how much something is worth based on how much they've previously paid may eventually feel cheated and stop buyi…
Yeah, well their job is to get the best price for their product. Just as it is your job to get as much money as possible for your product, i.e. your talents and labors.
In a competitive economy with informed buyers this greed is what makes things cheap and high quality. Think about two grocery store owners in a small town. They've settled into an equilibria with each other to keep the status quo and not get greedy for a bigger share of the market by competing on price or quality. Then one day, seeing an opportunity, a new grocer moves in with fresher fruit, a wider variety of products and most importantly lower prices. All the customers go over to that grocery store and the old grocers have the choice to improve or die. From the point-of-view of the previous grocery store owners the new grocery store is "greedy", but it ends up benefiting everyone else.
Re: Nintendo has raised its employees base salary by 10%
#213That's very cool. They don't say whether or not it's retroactive, though (I'll bet not). I am astounded at some of the starting salaries, these days. Kids, right out of school, make more than I ever did, at the peak of my career. And can't afford a house. My father never made more than about $40K, but had a house in Potomac, two cars, and a stay-at-home wife. Money ain't what it used to be.
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The question I have about this is whether you would need to get inspections and permitting done if you ever tried to sell the house?
If that's the case the loophole only works for the owner/builder and the next person to own it is going to have to scrape it clean and rebuild entirely. If you ever wanted or needed to sell it sounds like this would complicate that process by quite a bit either way.
Re: Nintendo has raised its employees base salary by 10%
#214Earlier quoted context omitted.
I’m sorry but this comment is hysterical. I have experience with construction and engineering and I shudder to think what type of monstrosity you’ve built.
That’s not historically uncommon though. Like the house I grew up in was a rural house built in ~1890 by the brothers who farmed the land. Of course it had the usual quirks of an old house, but it was well maintained over time and I wouldn’t view it as any kind of “monstrosity”.
Re: Nintendo has raised its employees base salary by 10%
#215If their last raise was 3-4 years ago, this is a simple inflation adjustment, amazing they get good vibe front page Hacker News credit for this.
Re: Nintendo has raised its employees base salary by 10%
#216Earlier quoted context omitted.
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> To trigger building inspections in my county it can only be forced if there is compensation or commercial intent for building or use of the house, but you have to use a special process to record this with the county affirming you're the owner and the builder and it's a non-commercial non-rented domicile. The question I have about this is whether you would need to get inspections and permitting done if you ever trie…
Re: Nintendo has raised its employees base salary by 10%
#217The CEO then went on to explain, “We raised base salaries in Japan by 10 percent in April 2023,” adding, “Since then, we have continued to review our compensation system to ensure that remuneration aligns with employees’ demonstrated capabilities, and in April 2026 we implemented further salary increases, including for starting pay.” If their last raise was 3-4 years ago, this is a simple inflation adjustment, amazin…
Re: Nintendo has raised its employees base salary by 10%
#218Earlier quoted context omitted.
Its not even like they indiscriminately shut down fan projects either. Just the ones that try to make money. You still have sites like Pokemon Showdown and Advance Wars By Web that have been running for several decades without incident.
That's just not true. Off the top of my head: SMBX, Pokemon Uranium, Ocarina of Time 2D, AM2R. A few years back they mass DMCA'd hundreds of fan games on the site GameJolt, none of which were monetized. (why some fan projects like Showdown are still up is anyone's guess)
Other people have speculated that TPC can't/won't axe Showdown because they know that VGC players rely on it heavily to test out team comps before official tournaments, and Champions doesn't seem like it fills the same niche, unless TPC is suddenly about to change their stance on genning :P
Re: Nintendo has raised its employees base salary by 10%
#219I recently heard that a trip to Popeye's for a family of 3 recently cost $68 in Florida. In Japan, there's a big issue when a snack raises its price 2 cents (3 yen - source: https://finance.yahoo.com/news/japanese-snack-company-apolog... ) The country for better or worse seems to be frozen in time - salaries have not caught up with the heady levels of SV (or even Europe) but neither have rents or prices for common go…
As for Japan. ATM food is often cheaper. If you want cheap though, there are plenty of much cheaper places in the world. For rent, there are cheap options I wish existed in the states. As many point out tho, size is small. I'm happy to pay less for a smaller place but the price per square meter is comparable, maybe not to SF but at least to LA.
Note that like any city, there is a vast range from downtown to less popular parts of the city. "Tokyo" even includes mountains and farmlands on it's far west side
Re: Nintendo has raised its employees base salary by 10%
#220Earlier quoted context omitted.
I'm not an economist, so maybe someone more knowledgeable can weigh in. But my understanding is that deflation is worse. If you can just stick $10k under your mattress and expect it to be worth 10% more in a year you have no incentive to invest. Businesses will just hold their cash, banks won't have money to loan out and the sort of investments that provide new jobs, goods and services are a risky high-effort bet com…
This (classic) argument is symmetric with respect to the value of money and quantity of goods. As in "if you know money will buy more in the future, it increases your incentive to sell now rather than wait for higher prices. And if you know prices will increase, you will hoard products." The argument doesn't favour either side. One mechanism of inflation is that it effectively lowers wages (and other contracts) witho…
I think the argument from symmetry still holds, but it leads into a different conclusion. Since products (goods, physical assets) depreciate in value over time, money must too decrease in value. Hence you get inflation.
I believe that "natural rate of inflation" is driven by natural depreciation of goods and the free market mechanism that exchanges money and products as you describe.