"Nintendo's production cuts are a direct response to slower consumer demand for the Switch 2, which has seen overseas sales weaker than expected. Despite the reduction in units produced, the company remains confident in meeting its sales target of 19 million units for the fiscal year."
"The Switch 2 launched with record-breaking sales, moving 3.5 million units in just four days, making it Nintendo's fastest-selling console. However, the current market conditions have prompted a reassessment of production levels."
Nintendo plans to produce four million Switch 2 units this quarter, down from six million, due to weaker demand in the US. Despite this reduction, Nintendo expects to meet its target of selling 19 million units by the end of the fiscal year in March. The company is also facing rising production costs and is considering price increases. Export delays from the Middle East conflict may lead to increased production in the future, particularly for a battery-replaceable variant planned for Europe.
Read at The Verge
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