ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
Business

Big paydays for foreign execs in Japan

Nissan CEO Carlos Ghosn's compensation exceeded 1 billion yen for the second year in fiscal 2015.

TOKYO -- Buoyed by strong business results, some major Japanese corporations sharply raised executive compensation for the last fiscal year, especially for their non-Japanese high-ranking officials.

Nissan Motor CEO Carlos Ghosn earned more than 1 billion yen ($9.57 million) two years in a row. At 1.07 billion yen, his fiscal 2015 compensation was 36 million yen higher than a year earlier, Nissan told its shareholders at a general meeting Wednesday in Yokohama. The pay hike comes after six straight years of revenue and net profit growth through fiscal 2015.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more