> The value of the yen compared to other currencies has fallen through the floor since 2022...
That would normally allow them to keep prices of export goods low...
> The value of the yen compared to other currencies has fallen through the floor since 2022...
That would normally allow them to keep prices of export goods low...
This is a large price rise in domestic (Japanese) markets, with a small rise in other countries. This is impacting Japanese consumers the most.
Nintendo is a very Japanese-centric, proud company. For those not aware, Nintendo has been avoiding repricing domestically until now by selling a "Japanese-only Switch" locked to Japan in order to prevent foreign arbitrage. But the currency pressure is too strong.
The thing is dependent on imported RAM. The flip side of this.. have you seen SK Hynix stock price lately?
You’ll notice they raised prices in Japan by A Lot, but the US price is only up $50.
Uuuuuuh, ¥10,000 is currently about $64, so it's not that much different to be calling it "a lot".
It totally depends on if you need to import things to transform them or if you source mostly locally in your supply chain.