Nissan Motor said on Tuesday it paid chief executive Carlos Ghosn JPY1.035bn (US$8.39m) last fiscal year, up 4% year on year.

Ghosn, one of the highest paid CEOs in Japan, received JPY995m in compensation in the year ended March 2014, Reuters reported.

Ghosn was paid EUR7.2m ($8.17m) by Renault, where he is also CEO, in 2014. He is also chairman of Alliance Russian partner AvtoVAZ.

Among the 2,451 listed Japanese companies that had submitted their annual securities reports as of Monday, just 77 executives at 32 firms received more than JPY100m in compensation, Reuters noted, citing Tokyo Shoko Research.

Ghosn, 61, is the top individual shareholder in Nissan, with 3.122m shares, worth about $30m at the current share price.

Nissan reported an 18% jump in operating profit in the year ended March 31, and forecast a 15% rise for this year, Reuters added.

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