Meanwhile, things haven’t been going as well for many of gaming’s other big companies. Here are a few recent examples:

Given how uncertain the future is, predicting how Nintendo will react to outside forces is impossible. And the company still has some cards to play: It has yet to release or even announce a major new Super Mario or Legend of Zelda game for the Switch 2. The next pair of mainline Pokémon titles, meanwhile, are still a year away.

What is clear, though, is that the company isn’t going to rush into anything. When asked about the impact of the rising cost of memory, Furukawa explained that “it is not an appropriate approach to be excessively influenced by short-term trends.” That’s one of the reasons Nintendo has been around for more than a century, and it’s part of what has allowed it to weather this ongoing storm.