Nintendo announced on Thursday that it expects to sell 15 million units of its upcoming Switch 2 console during the current financial year, while cautioning that potential US tariffs could affect its earnings.

The successor to the original Nintendo Switch, which has sold approximately 150 million units since its 2017 launch, will be released globally on June 5. It maintains the hybrid design that allows it to function both as a handheld and TV-compatible console, but the price, set at $449.99 in the United States, is about a third higher than the original, surprising many consumers.

Despite recent expansions into theme parks and film adaptations, around 90% of Nintendo’s revenue continues to rely on its gaming business, particularly the Switch platform.

The original Switch became a major success during pandemic lockdowns, contributing to its rise as the third best-selling console of all time after Sony’s PlayStation 2 and the Nintendo DS.

As anticipation for the new console grows, Nintendo reported a 43.2% decline in net profit for the financial year ending March 31, falling to 278.8 billion yen ($1.9 billion), with many players delaying purchases ahead of the Switch 2 launch.

Nintendo projects a net profit of 300 billion yen for the current year but warned that the outlook could shift depending on changes to US trade policy.

In its financial report, the company stated that “changes to tariff rates may affect our financial forecast” and confirmed it will continue monitoring developments to adapt accordingly.

Pre-orders for the Nintendo Switch 2 were postponed in the United States as the company reviewed the impact of President Donald Trump's trade tariffs, yet in Japan, demand has already surpassed expectations, according to last month’s figures.

Analyst Atul Goyal from Jefferies believes that demand for the Switch 2 will substantially exceed supply, reinforcing optimism about the console’s market performance.

He also noted that the recent delay of Grand Theft Auto 6 to May 2026 works in Nintendo’s favor, as it eases competition from major releases during that window, providing more breathing room for the Switch 2 to dominate consumer attention.