Close Menu
    Facebook LinkedIn YouTube Instagram X (Twitter)
    Blue Tech Wave Media
    Facebook LinkedIn YouTube Instagram X (Twitter)
    • Home
    • Leadership Alliance
    • Exclusives
    • Internet Governance
      • Regulation
      • Governance Bodies
      • Emerging Tech
    • IT Infrastructure
      • Networking
      • Cloud
      • Data Centres
    • Company Stories
      • Profiles
      • Startups
      • Tech Titans
      • Partner Content
    • Others
      • Fintech
        • Blockchain
        • Payments
        • Regulation
      • Tech Trends
        • AI
        • AR/VR
        • IoT
      • Video / Podcast
    Blue Tech Wave Media
    Home » Nintendo shares plunge on delayed Switch 2 launch
    switch2
    switch2
    Products

    Nintendo shares plunge on delayed Switch 2 launch

    By Chloe ChenFebruary 19, 2024No Comments3 Mins Read
    Share
    Facebook Twitter LinkedIn Pinterest Email
    • Nintendo delays Switch 2 release from late 2024 to early 2025, causing an 8.8% stock drop.
    • Investors anticipated a 2024 release.
    • The delay affects software launch timing, potentially impacting revenue. Analysts foresee possible buying opportunities amid stock decline.

    According to reports, Nintendo has informed its game distribution partners that the release of the next-generation video game console, Switch 2, will be delayed from the last quarter of this year to the early months of 2025. This news led to an 8.8% drop in Nintendo’s stock price in Monday’s early trading on the Japanese stock market, marking the largest single-day decline since October 2021.

    Nintendo typically releases a new gaming console every five to six years, and the company’s stock price is highly influenced by its new hardware. However, the previous generation gaming console Switch has been on the market for seven years, and the release timing of Switch 2 has become the top concern for all investors. Last week, Nintendo’s stock price reached a historic high as investors expected the company to launch Switch 2 in 2024 to replace the original Switch.

    However, with expectations dashed, more investors may exit, leading to a further decline in Nintendo’s stock price. Mio Kato of LightStream Research stated, ‘If the key new console is delayed for release amid the ageing of the current version, Nintendo’s financial data for the next fiscal year (ending in March 2025) may be quite dismal.’

    Also read: Gaming’s big tech future: How the tech giants are reshaping the industry

    The release timing of related game becomes uncertain

    The delay of Switch 2 not only affects Nintendo’s hardware revenue but is also expected to impact the release timing of its related game software, further dragging down Nintendo’s income. Tokyo-based video game developer consultant Serkan Toto stated that software is Nintendo’s most profitable business, but it is unlikely to release new generation game blockbusters like ‘The Legend of Zelda,’ ‘Mario,’ and ‘Splatoon’ before hardware upgrades.

    After announcing the performance this month, Nintendo President Shuntaro Furukawa avoided questions about new hardware, only saying the company will announce plans for the next fiscal year after the end of this fiscal year, which ends in March of this year. Furukawa also added that selling more existing game consoles will be a challenge.

    There will be a daunting task for Nintendo’s revenue growth

    Currently, Nintendo has sold 139 million Switch units worldwide. If Nintendo fails to launch Switch 2 during this year’s holiday sales season, it will have to rely on the old Switch to compete in the market against the updated and more powerful consoles released by Sony and Microsoft, which is clearly a daunting task.

    However, Bernstein analyst Robin Zhu believes that some investors may see further declines in Nintendo’s stock price as a buying opportunity. He expects Nintendo to announce news of new hardware release within the next six months.

    Nintendo Switch 2
    Chloe Chen

    Chloe Chen is a junior writer at BTW Media. She graduated from the London School of Economics and Political Science (LSE) and had various working experiences in the finance and fintech industry. Send tips to c.chen@btw.media.

    Related Posts

    Ericsson returns to profit as licensing savings lift margins

    July 16, 2025

    Smartphone market expands even amid macroeconomic stress

    July 15, 2025

    Speedcast Singapore: Satellite strength, Singapore edge

    June 30, 2025
    Add A Comment
    Leave A Reply Cancel Reply

    CATEGORIES
    Archives
    • July 2025
    • June 2025
    • May 2025
    • April 2025
    • March 2025
    • February 2025
    • January 2025
    • December 2024
    • November 2024
    • October 2024
    • September 2024
    • August 2024
    • July 2024
    • June 2024
    • May 2024
    • April 2024
    • March 2024
    • February 2024
    • January 2024
    • December 2023
    • November 2023
    • October 2023
    • September 2023
    • August 2023
    • July 2023

    Blue Tech Wave (BTW.Media) is a future-facing tech media brand delivering sharp insights, trendspotting, and bold storytelling across digital, social, and video. We translate complexity into clarity—so you’re always ahead of the curve.

    BTW
    • About BTW
    • Contact Us
    • Join Our Team
    TERMS
    • Privacy Policy
    • Cookie Policy
    • Terms of Use
    Facebook X (Twitter) Instagram YouTube LinkedIn

    Type above and press Enter to search. Press Esc to cancel.