Nintendo Says Another Switch 2 Price Rise Is Not Planned

Nintendo President Shuntaro Furukawa said the company can secure enough memory for its Switch 2 production needs and is not currently considering another price increase. His remarks came as Nintendo reported quarterly operating profit of 73.9 billion yen, down 16% from a year earlier, and kept its sales forecast unchanged. Furukawa’s comments concern Nintendo’s current position, not a commitment to keep prices unchanged indefinitely. The company’s November 5 earnings materials also said available Switch 2 stock meant it was not considering another increase. Nintendo did not say how long that stock would last or how its plans might change if supply conditions shift. The company’s forecast is for 16.5 million Switch 2 units in the financial year ending March 2027. Nintendo reported the 73.9 billion yen operating profit for the quarter that ended September 30. Those results came amid higher memory costs across the electronics industry, which have raised questions about console prices and supply. Nintendo has already increased the Switch 2 price in the United States, with reports placing the change in September. Accounts of the prior increase differ on its timing: one earnings...