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Record number of executives paid over 100 mil. yen www3.nhk.or.jp
A record total of 414 executives at publicly-traded Japanese firms were paid more than 100 million yen, or about one million dollars, in the business year that ended in March.
Researchers examined data from 2,443 Japanese companies.
The figure rose by one from last year's total. It was also the 4th consecutive annual increase, reflecting the strong financial performances of many firms.
The highest earner was SoftBank's former vice president Nikesh Arora with about 65 million dollars, followed by SoftBank executive Ronald Fisher with about 21 million dollars.
Michiyoshi Onishi, a former chairman of electronic component manufacturer Aoi Electronics, was 3rd with total compensation of around 11 million dollars.
The president of Nissan Motor Corporation, Carlos Ghosn, was in 4th place with about 10 million dollars.
Analysts say an increasing number of foreign executives are earning more than 100 million yen, as more Japanese companies are hiring foreigners to expand their business operations outside the shrinking domestic market.
Published Date:2016-07-04
