A customer visits the gaming section for Nintendo products at a shop in Tokyo on May 7, 2026. (Photo by Philip Fong / AFP)
Tokyo: Japanese gaming giant Nintendo said Friday it will hike the price of its Switch 2 gaming console as component costs soar, warning that net profit would fall 27 percent this year.
The Switch 2 price would rise 20 percent in Japan to 59,980 yen, by around 10 percent in the United States to $499.99 and in Europe by six percent to 499.99 euros, Nintendo said.
For the year to March 2027, the firm said it expected net profit to drop 27 percent to 310 billion yen ($1.98 billion) on sales of 2.05 trillion, marking a fall of 11.4 percent.
Net profit surged 52 percent to 424 billion yen in the last fiscal year on annual sales of 2.31 trillion yen, nearly doubling from the previous year, Nintendo said in a statement.
In the 12 months to March 2026, "Nintendo Switch 2 got off to a good start following its launch in June and global sales continued to grow after that", the company said.
It sold 19.86 million units of the new console by March, thanks partly to the release of the "Pokemon Pokopia" game, it said.
Among popular game titles, "Mario Kart World" sold 14.70 million units and "Donkey Kong Bananza" shifted 4.52 million units, Nintendo said.
In the year to March 2027, the sales volume of Switch 2 is expected to hit 16.50 million, the firm said.
"Reflecting strong launch-year sales and price revisions, we expect FY27 sales units to decline year-on-year. Even so, we believe this represents a solid level of adoption for Nintendo Switch 2 in its second year after launch," it said.
