Iwata, Miyamoto take pay cuts as Nintendo profits sink

Nintendo President Satoru Iwata has announced that his pay will be halved for at least five months in the wake of a 30 percent decrease in company profits, while other board members, including legendary game designer Shigeru Miyamoto, will see… Read More »

Square Enix reports $75 million profit for fiscal 2012

Despite tough financial losses in recent years, Square Enix has managed to bounce back with some positive results for the fiscal year that ended on March 31, 2012. Net sales during the one-year period totaled 127.89 billion yen ($1.6 billion),… Read More »