After Nintendo successively announced plans to increase the price of Switch 2 and lowered its hardware sales forecast for the next fiscal year, the company's stock price reportedly fell by about 12%, triggering widespread market concern.
Gaming industry analyst Daniel Ahmad commented on social platforms that investors' concerns mainly stem from several aspects: "price increases, lower hardware sales expectations, and a lack of visibility of the software lineup have made investors uneasy." However, he also said that he believed this concern was "somewhat excessive."
The background of this stock price plunge is that Nintendo recently announced that it will increase the prices of Switch 2 and existing Switch models in multiple regions. Nintendo officials stated that the price adjustment was "based on comprehensive considerations of changes in the market environment and global business prospects."
In addition to price increases, investors are also worried about Nintendo's hardware sales guidance for the next fiscal year. Although Switch 2 achieved sales of 19.86 million units in its first fiscal year after its launch, surpassing the first-year performance of the original Switch, Nintendo's hardware sales forecast for FY2027 (April 2026 to March 2027) is only 16.5 million units, lower than some market expectations.
In addition, there are reports that some investors also have reservations about the transparency of Nintendo's future software lineup, believing that apart from the announced works, there will be a lack of clear enough major product lines in the future.
Despite the setback in its stock price, Nintendo's latest financial report shows that the company's overall performance remains strong:
·The dedicated game platform business achieved revenue of 2.23 trillion yen in FY2026
·Consolidated net sales reached 2.31 trillion yen
·Operating profit increased by 27.5% year-on-year to 360.1 billion yen
In terms of software sales, the Switch dual-platform performance is equally strong. During FY2026, total sales of Switch2 software reached 48.71 million copies. Among them, the sales volume of "Mario Kart: World" alone reached 8.85 million copies, and works such as "Pokémon: Power Up" and "Pokémon Legends Z-A" Switch 2 version also achieved sales of millions of copies.