Nintendo has announced a price increase for its Switch 2 gaming console, effective May 08, 2026, due to rising component costs. The new prices will be ¥59,980 in Japan (a 20% increase), $499.99 in the United States (a 10% increase), and €499.99 in Europe (a 6% increase). This decision follows strong launch sales and ongoing demand for the console, which sold 19.86 million units worldwide by March 2026. However, Nintendo projects a 27% decline in net profit to 310 billion yen (approximately $1.98 billion USD) for the fiscal year ending March 2027, alongside a forecasted sales drop of 11.4% to 2.05 trillion yen. Despite these challenges, Nintendo remains optimistic about second-year sales, expecting to sell 16.50 million units of the Switch 2, supported by popular game titles like Pokemon Pokopia and Mario Kart World.