Key takeaways
- Nintendo has reaffirmed plans to reveal the Switch 2 within its current fiscal year.
- The company has less than five more months to fulfill that promise, as its current fiscal period runs until the end of March 2025.
- More Switch 2 information could be coming soon, once Nintendo publishes the transcript of its Nov. 5 investor Q&A session, where shareholders are likely to ask about the much-anticipated console.
Nintendo It has reiterated its plans for the Switch 2 announcement window, stating that the console will be revealed in its current fiscal year. But the company is still keeping other details about the Switch successor close to the vest.
According to reports in mid-February, the Switch 2 was originally planned to hit the market in 2024 but was pushed back to 2025. The exact reasons for this alleged delay are unclear, although some industry observers speculated that Nintendo needed more time to work. In the upcoming console's launch library.
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On November 5, the Japanese gaming giant published its latest consolidated financial report for the six-month period ending September 30. In a subsequent earnings call, Nintendo president Shuntaro Furukawa said the company still plans to announce its next console in the current fiscal year. , which runs until the end of March 2025. In doing so, the official repeated his statement from May 2024, when he originally revealed the Switch 2 announcement window. Furukawa did not elaborate on the matter on any occasion.
Nintendo has less than 5 months to announce the Switch 2
Nintendo has less than five months to meet the Switch 2 open window it previously committed to. Or four months and 26 days, to be exact. According to the latest February 2024 report from Nikkei, Nintendo wants to do everything it can to avoid a Switch 2 launch shortage that could disrupt the release of its 2017 console. Given the company's current production capabilities, this claim suggests that the upcoming device could spend more than six months in mass production before release. Therefore, if the Switch 2 isn't announced in 2024, the chances of it hitting the market before Q3 2025 will be slim.
More official Switch 2 information will arrive soon
Nintendo is scheduled to publish a transcript of its latest Q&A with investors in the next 24 hours, no later than November 6. This release may include some more information about its next console as shareholders are sure to ask about it. Fans thus learned that the Switch 2 might look similar to its predecessor in May 2024, when Furukawa was questioned about the console at Nintendo's previous investor Q&A session.
The company's latest financial report saw it cut its annual profit forecast by 10%, citing lower console sales. Nintendo sold 4.7 million Switch units in the first half of the current fiscal year, down 30 percent from the same period last year.