JapanSwitch 2 sales fell 41% to 2.67 million units.
Operating profit fell 16% to 73.9 billion yen, short of the 88 billion yen forecast.
Nintendo raised Switch 2 prices in the US, Canada and Japan as memory-chip costs surged, and buyers pulled back.
President Shuntaro Furukawa says Nintendo has enough memory for 16.5 million units and will not raise prices again.
Nintendo briefs investors Friday on how weaker Switch 2 profitability affects earnings.
How each outlet framed it
drawn from 450+ reports worldwide
- IGN
- frames the slump as a 'RAMpocalypse' story, noting Microsoft and Sony also raised console prices on memory costs
- Investing.com
- quotes Citi's view that the miss is a temporary correction, citing Ocarina's Metacritic 96 and the April 2027 Zelda film
- CNBC
- ties the 41% unit drop directly to price rises rolled out in the US, Canada and Japan
Sources: IGN, Investing.com, CNBC