Important takeaways
- Nintendo has confirmed plans to reveal the Switch 2 within its current fiscal year.
- The company has less than five months to deliver on that promise, as its current fiscal year runs through the end of March 2025.
- More details on the Switch 2 may come soon, when Nintendo publishes the transcript of its Q&A session for investors on November 5, where shareholders will likely ask about the long-awaited console.
Nintendo has reiterated its plans for the Switch 2 announcement window, saying the console will be revealed in the 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 slated to hit the market in 2024 but ended up being pushed back to 2025. The exact reasons for this alleged delay are unclear, though some industry watchers speculated that Nintendo wanted more time to work on. on the upcoming console's launch library.
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Rumor: Beloved Open-World RPG May Be Coming to Nintendo Switch 2
A well-known leaker claims that a beloved open-world RPG and recipient of countless GOTY awards is coming to the Nintendo Switch 2.
On November 5, the Japanese gaming giant published its latest consolidated financial report for the six-month period ending September 30. During a subsequent earnings call, Nintendo president Shuntaro Furukawa said that 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 reiterated his statement from May 2024, when he originally revealed the Switch 2 announcement window. Furukawa did not elaborate on the matter further at any point.
Nintendo has less than 5 months to unveil the Switch 2
Nintendo now has less than five months to meet the Switch 2 reveal window it previously committed to. Or four months and 26 days, to be exact. According to a report from Nikkei in late February 2024, Nintendo wants to do everything they can to avoid glitches in the Switch 2 launch, like those that hampered the launch of the 2017 console. Given the company's current production capacity, this claim suggests that the upcoming device could spend over six months in mass production before its release. Therefore, if the Switch 2 is not announced in 2024, its chances of hitting the market before Q3 2025 would likely be slim.
More official Switch 2 information may be coming soon
Nintendo is scheduled to publish a transcript of its latest Q&A with investors within the next 24 hours, no later than November 6. This release may contain additional information about its next console as shareholders will almost certainly be asking about it. Here's how fans learned that the Switch 2 might look like its predecessor as early as May 2024, when Furukawa was questioned about the console during Nintendo's previous Q&A session for investors.
The company's latest financial report saw it cut its annual profit forecast by 10%, citing low console sales. Nintendo sold 4.7 million Switch units in the first half of its current fiscal year, down 30% from the same period last year.