Nintendo's shares experienced an 8% decline in Tokyo following the announcement of price increases for the Switch 2 and concerns regarding a shortage of high-profile games. The Kyoto-based company reported strong hardware sales for the financial year ending in March, but its outlook for the current fiscal year has not met market expectations. The price for the Japanese model of the Switch 2 will rise by 10,000 yen, bringing it to 59,980 yen starting May 25, with similar increases in other markets from September 1. Analysts have expressed worries about Nintendo's game pipeline, with Morningstar's Kazunori Ito highlighting a year-on-year decline in game shipment guidance, which may indicate a lack of confidence in upcoming releases. However, Jefferies analyst Atul Goyal remains optimistic, predicting that a major Mario game could be released this year, which would be crucial for user engagement as it typically accelerates in the second year of a console cycle.