This week, Nintendo announced that the Switch successor will be unveiled before the end of fiscal year 2025. Despite the market's positive reaction to the news, Nintendo President Shuntaro Furukawa mentioned at a recent investor conference that the teaser of the new product could have an impact on existing Switch sales.
Shuntaro Furukawa pointed out that despite the fact that the Switch has been in the market for eight years, sales remain strong. He acknowledges that maintaining sales momentum will be more challenging over time. He added: "During last Christmas, we noticed a large number of new users, especially outside of Japan, where children and family groups bought the Switch for the first time. This year, we will be launching a series of new games, and coupled with the success of the Super Mario Bros. movie, we believe this will spark new demand for Nintendo products. ”
Shuntaro Furukawa concluded, "We expect that the release of the new generation of Switch will have a certain impact on the current product sales. However, we plan to maximize our sales performance for the current fiscal year by balancing new demand with the needs of existing users. ”