Memory Chip Prices Soar, Nintendo Announces Switch 2 Price Hike
Nintendo has announced a price increase for its Switch 2 game console due to soaring memory chip prices. The company also warned of a projected 27% decline in net profit for the fiscal year ending March next year.
📋 Article Processing Timeline
- 📰 Published: May 8, 2026 at 19:31
- 🔍 Collected: May 8, 2026 at 20:01 (30 min after Published)
- 🤖 AI Analyzed: May 8, 2026 at 20:14 (12 min after Collected)
Central News Agency
(Central News Agency, Tokyo, 8th, comprehensive foreign news report) With memory chip prices soaring, Japanese gaming giant Nintendo today announced a price increase for its Switch 2 game console, and warned of a projected 27% decline in net profit for the fiscal year ending March next year.
According to AFP, Nintendo stated that starting May 25, the price of Switch 2 in Japan will increase by 20%. In the US and Europe, prices will increase from September 1, with the former rising by 11% to $499.99, and the latter by 6% to €499.99.
Nintendo estimates that net profit for the fiscal year ending March next year will decline by 27% to 310 billion yen (approximately $1.98 billion), while revenue will slide by 11.4% to 2.05 trillion yen.
In addition, Nintendo estimates operating profit to be 370 billion yen, far below the average estimate of 480 billion yen by analysts surveyed by Bloomberg News.
Nintendo stated in a press release that last year's net profit grew by 52% to 424 billion yen, and annual revenue reached 2.31 trillion yen, almost double the previous year.
Nintendo stated: "Since its launch in June last year, Nintendo Switch 2 has performed strongly, and global sales continue to grow."
Benefiting from popular games such as Pokemon Pokopia, Mario Kart World, and Donkey Kong Bananza, Switch 2 had sold 19.86 million units by March this year. (Compiler: Liu Shu-chin) 1150508
Choose to stand with facts; every donation is a force to protect press freedom.
Download the Central News Agency 'First-hand News' APP to stay updated with the latest news.
The text, images, and audio/video content of this website may not be reproduced, publicly broadcast, or publicly transmitted and utilized without authorization.
Keywords:
(Central News Agency, Tokyo, 8th, comprehensive foreign news report) With memory chip prices soaring, Japanese gaming giant Nintendo today announced a price increase for its Switch 2 game console, and warned of a projected 27% decline in net profit for the fiscal year ending March next year.
According to AFP, Nintendo stated that starting May 25, the price of Switch 2 in Japan will increase by 20%. In the US and Europe, prices will increase from September 1, with the former rising by 11% to $499.99, and the latter by 6% to €499.99.
Nintendo estimates that net profit for the fiscal year ending March next year will decline by 27% to 310 billion yen (approximately $1.98 billion), while revenue will slide by 11.4% to 2.05 trillion yen.
In addition, Nintendo estimates operating profit to be 370 billion yen, far below the average estimate of 480 billion yen by analysts surveyed by Bloomberg News.
Nintendo stated in a press release that last year's net profit grew by 52% to 424 billion yen, and annual revenue reached 2.31 trillion yen, almost double the previous year.
Nintendo stated: "Since its launch in June last year, Nintendo Switch 2 has performed strongly, and global sales continue to grow."
Benefiting from popular games such as Pokemon Pokopia, Mario Kart World, and Donkey Kong Bananza, Switch 2 had sold 19.86 million units by March this year. (Compiler: Liu Shu-chin) 1150508
Choose to stand with facts; every donation is a force to protect press freedom.
Download the Central News Agency 'First-hand News' APP to stay updated with the latest news.
The text, images, and audio/video content of this website may not be reproduced, publicly broadcast, or publicly transmitted and utilized without authorization.
Keywords: