Nintendo confirms it will release new games for the Switch 2 by the end of the year after the company's stock price fell due to the console's price increase.

Nintendo has confirmed that it has several unreleased Switch 2 games planned for release later this year, in response to questions about its decision to raise console prices .

Last week, Nintendo confirmed a global price increase for the Switch 2, with changes scheduled for this month in Japan and September 1st in North America and Europe. In the US, the Switch 2 will see a $50 price increase, rising from $449.99 to $499.99. In Canada, the price will rise from CA$629.99 to CA$679.99. In Europe, the Switch 2 will increase from €469.99 to €499.99.

RelatedSwitch 2 more expensive: Nintendo raises console price due to "market changes"

The company had been under pressure from shareholders to raise the price (which, according to reports, has been selling at a loss , unlike during the Switch 1 era), even though it now expects to sell fewer Switch 2 units in the next 12 months than in its first year of sales . Nintendo explained this situation, suggesting that Switch 2 sales are simply stabilizing after the console's explosive launch.

Nintendo also acknowledged that the price increase will affect the console's accessibility, potentially excluding some customers from purchasing it. It's a delicate balance, and Nintendo president Shuntaro Furukawa sought to explain it in more detail during a recent meeting with investors .

"We haven't yet discussed the specific impact this price change will have on Nintendo Switch 2 sales, but we understand it will raise the barrier to purchase to some extent," Furukawa explained. "However, the most important thing in the game console market is to offer an engaging gaming experience that adds value beyond the price. We and our software partners will continue to release various titles and intend to expand the market, offering these games alongside the new exclusive experiences of the Nintendo Switch 2."

Nintendo's stock has fallen 8% since the price increase announcement. The stock price has been steadily declining over the past year, since its peak around the time of the console's launch. It is now at its lowest level since August 2024 and has accumulated a 34% drop since the beginning of the year.

"The adoption rate of the Nintendo Switch 2 is higher than that of the Nintendo Switch," Furukawa said in response to another investor question. "At this time, we have no specific concerns about its growth rate. The fact that Pokémon Pokopia contributed to console sales reaffirms that having games that customers want to play is an important factor in encouraging the transition to the Nintendo Switch 2."

He continued: "We have many new titles planned for the Nintendo Switch 2 and we will carefully present the appeal of each one so that customers can migrate to the Nintendo Switch 2 in their own time."

"Regarding the future, we are preparing a variety of new titles for the Nintendo Switch 2, whether they are considered major releases or not. In addition, we have new titles planned for the second half of this fiscal year, in addition to those already announced, and we will provide more details in due course."

Without a doubt, this comment will further fuel speculation about a new remake of The Legend of Zelda: Ocarina of Time for Nintendo Switch 2, which was recently leaked and, according to the leaker, should arrive this Christmas.

The company already has a solid slate of games coming in the next few months, including Yoshi and the Mysterious Book on May 21, Star Fox on June 25, Rhythm Heaven Groove on July 2 (also available for Switch 1), and Splatoon Raiders on July 23. Fire Emblem: Fortune's Weave is also arriving this year, and players are also eagerly awaiting FromSoftware's exclusive, The Duskbloods

Finally, Furukawa was also questioned about the need to increase the price of the Switch 2, instead of continuing to subsidize the console to the same extent as before. His response was essentially that operating costs had permanently increased, and that the current economic scenario was not merely a temporary fluctuation.

"If the cost increase were temporary and we expected it to decrease relatively quickly, we could have pursued corporate efforts, such as improving production efficiency and expanding the installed base, while maintaining hardware prices," suggested Furukawa. "However, given the recent increase in component prices, particularly memory, and trends in exchange rates and oil prices, we believe these changes in the market environment should continue in the medium and long term."

"Therefore, we believe that maintaining the previous price would significantly worsen the profitability of the hardware, potentially impacting our business operations in the medium and long term. For our game console business to grow sustainably, it is necessary to maintain a healthy revenue structure, considering the business as a whole. Thus, although it was a difficult decision, we decided to pass on some of the costs to the selling price."