These now-routine price increases are a marked change from a decades-long period where game consoles routinely and quickly dropped in price in the years after their launch. Even before recent component shortages, though, a combination of higher-than-normal inflation, the slowing of Moore’s Law, tariff-related market shocks, and spiking gas prices have made the once-reliable console price drop a fading market memory.

In updated financial forecasts also released today, Nintendo cited “the impact of these price revisions” in projecting sales of 16.5 million Switch 2 units in the current fiscal year (ending March 2027). That’s down from 19.86 million sales in the console’s first fiscal year, but it still “represents a solid level of adoption for Nintendo Switch 2 in its second year after launch,” the company wrote.

Outside of the US, Nintendo announced the following new hardware prices for other markets:

• Canada: $679.99 (from $629.99)
• Europe: €499.99 (from €469.99)
• Japan: ¥59,980 (from ¥49,980 – effective May 25)