Shuntaro Furukawa

Nintendo closed the fiscal year at 19.86 million Switch 2 units, ahead of its 19 million target, with Mario Kart World at 14.70 million, and in the same breath announced price revisions in light of market conditions: ¥49,980 to ¥59,980 in Japan from May 25, $449.99 to $499.99 in the US, C$679.99 in Canada and €499.99 in Europe from September 1, with the original Switch and Nintendo Switch Online going up too. It forecast 16.5 million units for the new year and said memory prices and tariffs would cost about ¥100 billion.

With 10.36 million Switch 2 units sold by the end of September, Mario Kart World at 9.57 million and Donkey Kong Bananza at 3.49 million, Nintendo lifted its full-year forecast from 15 to 19 million and its operating profit outlook by 16 percent. Furukawa called the first holiday season the key proving ground.

Nintendo's first Switch 2 forecast was 15 million units by March 2026, below what analysts expected, alongside a 31 percent drop in Switch sales to 10.8 million. Furukawa said the target matched the original Switch's first ten months, that the relatively high price was a challenge to early adoption, and that production limits and US tariffs were not the reason, while saying prices could rise if tariffs changed significantly.

Nintendo showed the Switch 2 for the first time in a short video and confirmed a 2025 release and backward compatibility with physical and digital Switch games, with details held for a dedicated Nintendo Direct on April 2 and hands-on events in cities worldwide from April. The name settled the question of whether the console was a successor or a new platform: it was Switch, again.

Alongside results showing Switch sales of 15.7 million and a forecast of 13.5 million for the year ahead, Nintendo president Shuntaro Furukawa posted that the company would announce the successor to Nintendo Switch within the fiscal year ending March 2025, more than nine years after the Switch itself was first revealed. It ended years of speculation about when the seven-year-old console would be replaced.