Top bosses in Japan draw record pay but gap with US widens

Executive compensation grows with spread of performance-linked bonuses

20190802 Takeda Weber

Takeda CEO Christophe Weber's bonus surged 90%, driving a 40% jump in his compensation to 1.7 billion yen for fiscal 2018. (Photo by Wataru Ito)

KOKI KUBOTA, Nikkei staff writer

TOKYO -- Top bosses in Japan are bringing home more money as earnings-linked bonuses climb, yet still make one-ninth of their U.S. counterparts.

Median CEO pay in Japan grew to 160 million yen ($1.48 million) in fiscal 2018, up 10 million yen on the year, according to data from a five-country study by advisory firm Willis Towers Watson. The figure was 1.48 billion yen in the U.S. -- widening the gap with Japan from the year before -- and 740 million yen in Germany.

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