Nintendo’s CEO recently said “If we reduce the number of employees for better short-term financial results, employee morale will decrease” and is instead doing the opposite by raising pay to address inflation.

Some leaders are built different.

https://www.gamespot.com/articles/nintendo-will-pay-its-workers-10-more/1100-6511268/

Nintendo Will Pay Its Workers 10% More

The move is meant to invest in the workforce and address inflation.

GameSpot

@carnage4life I'd caution against giving too many karma points...

Japanese corporations and the Kishida govt have been locking horns over pay raises for some time now, while inflation is hurting the JP populace & Kishida's ratings are in the toilet

You can bet there were backroom trade offs behind this "altruism"

@carnage4life Japanese business is very much a "see what everyone else is doing first"

I would bet there will be a couple more large corporation cases like this "negotiated" to get the ball rolling, then you'll see if everyone goes along with it