Nintendo says it has ‘no plans’ to increase Switch prices

Illustrations by Alex Castro / The Verge

Nintendo won't be added to the list of tech products affected by inflation. In a statement to Eurogamer, the company said it had no plans to raise the trade price of its hardware.

The statement was shared with Eurogamer.

“As our president Mr Furukawa stated at the 82nd Annual General Meeting of Shareholders in June:

‘While we cannot comment on pricing strategies, we currently do not have any plans to change the price of our hardware due to inflation or increased procurement costs in each country. We will determine our future pricing strategies through careful and continued deliberations.’

“While the final price to consumers is always determined by retailers, as Mr Furukawa stated, Nintendo has no plans to increase the trade price of its hardware.”

This is at the tail end of a week that saw a surprise price increase on the PS5 console in several regions, including the UK, Europe, Japan, China, Australia, Mexico, and Canada. The price of Meta's Quest 2 virtual reality headset went into effect earlier this month.

Dan wrote about the impact of inflation on tech products last week, but it's hard to tell if it's related to the grocery store price hikes. He is correct that many companies are increasing the cost of new products. Whether products are selling at a loss or not is not known. Nintendo's Switch won't be included for now.