Times are now tighter for the company, which has promised news on the successor to its popular but ageing Switch console by the end of March 2025.

“The momentum of the Nintendo Switch hasn’t stopped,” President Shuntaro Furukawa told reporters. His comments come a day after Nintendo reported a 60% drop in its fiscal first-half profit, largely because of declining sales of the Switch, which is in its eighth year, as well as Switch games.