Overview
- Nintendo stock fell about 8% to 10% in Tokyo on Monday after the company raised Switch 2 prices and guided to weaker sales, with analysts questioning the near-term slate of first‑party games.
- Nintendo will lift the Switch 2 price in the United States by $50 to $499.99 starting September 1, with Japan seeing a larger ¥10,000 increase on May 25 and Europe rising by €30 to €499.99.
- The company forecast Switch 2 hardware shipments of roughly 16.5 million units for the fiscal year to March 2027, down from about 19.9 million in its first year, and projected total software sales of 165 million units, an 11% drop.
- President Shuntaro Furukawa apologized for the higher prices, said the increase does not fully cover cost pressures, and pledged a robust software lineup to keep the console attractive to buyers.
- Nintendo cited rising memory chip costs linked to the AI boom, a weak yen, higher oil prices, and U.S. tariffs, and it signaled possible further pricing changes as it “responds flexibly” to component volatility.