 Hey everyone, Nintendo Ruffle Janssen from Nintendo Prime and look, there is a report out today from Nikkei, the reputable Japanese newspaper and website from Japan that attended the meeting at the investors meeting and got to talk directly to Shintaro Furukawa. And their report has a very interesting conclusion coming out from Takahashi Matsuzuki. Now Takahashi Matsuzuki as you know is the person that was responsible for the validity of so many Switch Pro rumors last year. And what's interesting is that he came out here and quoted the article as saying there will be no new Nintendo hardware this fiscal year which ends in March of 2023. Now that's the direct quote. He does go on to note not immediately clear whether that part of the article is from Nikkei's own reporting or what Nintendo president who Nikkei interviewed for the story said. Now this article is behind a paywall in Japan that I have tried and unsuccessfully been able to get behind but either way I would have been reliant on Google Translate. So instead we actually have somebody who regularly covers Nintendo Switch and Nintendo products in Japan, an actual analyst, somebody that we normally get a whole bunch of stuff from the meeting from. As an example, this person literally is an investor that attends Nintendo's investors meetings and David Gibson who responded to this and clarified exactly what Nintendo said. So is it true that hey look all the people hoping for Nintendo Switch hardware, new hardware before the end of the current fiscal year can just give up? Is it true that you know what Nintendo has no plans whatsoever to actually release anything new? And is that really the direction of Nintendo moving forward? That they're just going to ride Switch until they can't ride it anymore? Well let's find out about that after I remind you that hey we do have a giveaway going on. You know what you want details on it we have a pinned comment down in the description and yeah there'll be a code dropping later in the video so pay attention because you get an extra 20 entries and we're doing this every day. So when I'm looking at what David Gibson said and I believe that I've actually interpreted what he said correctly he responded on Twitter directly to Takahashi Matsuzuki's article and he said here are the actual quotes from Nintendo CEO Shintaro Furukawa in the article and it's weird because Takahashi Matsuzuki also you know speaks native Japanese so it's really curious that David Gibson is the one actually providing the quotes. I don't know why Takahashi Matsuzuki was acting like hey we're not really sure if these came from Nintendo. No, no the only quotes in the article from Nintendo CEO are as follows. Normally we would stockpile inventory in the summer to be ready for the end of the year when it is at its peak. This summer we have not been able to produce as much as in previous years so this is referencing obviously where Shintaro Furukawa also said during the meeting that hey we've been having a hard time making enough units we might even use planes and whatever to fly units out during the holiday season but essentially this summer has had lower production than the last two years okay that's that's sort of what he's inferring however does that lower production mean that Nintendo's in trouble does it mean that there's a dooming gloom at Nintendo this doesn't mean oh man we just can't produce enough units so you know what we're done we're not going to be able to to do anything new any new products however here's what he actually said the actual quote from Shintaro Furukawa even if we could produce the volume that we want I'm not optimistic that we will be able to sell it all now their guidance which is their current projections call for 18 million sales in the next nine months what I find interesting here is how those quotes are being interpreted by Nikkei with an opinion that Nintendo will not be releasing new hardware in the next you know fiscal year before before the end of of march or 2023 now look I want to clarify here I don't have a horse in this race okay I don't work for Nintendo I don't work for these analyst companies I don't make any money whether switch bro comes out or not or whether a next generation switch or switch like oh that 5g that I've already debunked look I it doesn't matter to me in the end if these come out or not what matters to me is I get amazing games and I still have amazing games coming forward poke on scott violet we have paid at three we got uh breath of the wild two at some point you know we look with the the amazing games just keep coming and Nintendo has an absolutely stellar lineup both this year and at least to kick off next year breath of the wild two so that's what I care about as a gamer but it also I'm a tech enthusiast I like tech you know Samsung galaxy s-22 ultra like you know that's that's one of the best android if not the best android phones on the market you know julia is rocking an iphone 13 pro max my fiance because hey I love technology we got literally the aca bucka sucka of audio equipment here I believe there are certain reviews that are calling this roadcaster pro to the tesla of audio equipment because it just does everything it's awesome and you know we got these brand new microphones which are equally amazing microphones some of the best microphones in the world for broadcast content so I obviously love technology I'm not adverse to technology but I don't need a switch so whether or not we're getting a new switch doesn't necessarily matter that much to me even if I know I will buy it however we need to make sure we understand the context of this article nick a is interpreting shinter for akawa saying hey we haven't been able to make as many units this summer as in prior summers they're interpreting nintendo's having a problem at manufacturing so of course they're not going to release a new platform in the next you know however many months nintendo was having a problem by the way with manufacturing last year and we weren't supposed to get a new product and we got the switch OLED so it's sort of a opinion of nick a that because shinter for akawa said hey we're not making as many units as prior summers that you know we're obviously having issues but I want to actually focus on the second part of the quote where shinter for akawa actually stated even if they hit the targets that they want to internally he's not really even sure they're going to sell it all think about that for a moment that sounds like a president that is self-admitting switch has peaked we're on the downturn it's actually not that hard to buy one right now you can regularly but you can walk into any store in japan right now and buy a switch you can walk into pretty much any store in the united states right now and buy a switch canada uk australia all of europe like all the major territories it's actually not that hard to get a switch right now i'm not saying that the shelves are fully stocked and stocked to the brim and maybe your local retailers are stocked to the brim but between online shopping and in person shopping it's actually pretty easy to get a switch it's the easiest system to get even easier than an xbox series s so it is extremely easy to get your hands on switch and that tells you nintendo has not only caught up to demand the demand is probably decreased a little bit and even if they were able to produce every unit they want to which nintendo by the way didn't change their forecast which means they still think they're going to produce enough switches to hit 18 million switches in the next nine months right so they still feel like they have enough manufacturing to hit their projections if they were producing to the level that they probably would be comfortable with to have extra product right you want extra product for after this fiscal year he doesn't think it'll sell and he doesn't think it'll sell i think that's i think it's really important i'll make he could be wrong and he could sell but shinter for akawa seems to be seeing the writing on the wall for switch right 25 million you know or was it 28 million in 2020 to 25 million in 2021 to just 20 million projected in total for 2022 fiscal year i think he sees the writing on the wall and i talked about this before that nintendo is being ran by a businessman shinter for akawa is a business man he is not a game developer he is not somebody with you know that's headed up a bunch of studios he literally came from the finance world and when you're from the finance world you have a different analytical brain when looking at data and the data is telling him and i told you guys because it was telling me the same thing months ago that the switch is on decline we are no longer in the middle of the switches lifecycle the switch is on decline and shinter for akawa has referenced multiple times in the last 12 months that he seems to be aware of this this is the first time he's actually directly mentioned i don't think we could sell all the units even if we made them so hey you know what it doesn't matter that we can't make enough switches this summer because we already are making enough we don't need more he knows shinter for akawa knows the switch is on the downturn and even if they made all the units possible they would not be able to necessarily sell them all which means switch has reached a saturation point that doesn't mean it can't sell another 15 to 18 million units next fiscal year that doesn't mean it couldn't sell another 10 to 14 10 to 12 but what it does mean is you're going to see regular declines in sales and what have we noted from shinter akawa for akawa in the past he's talking the past he is a little bit worried about how nintendo is going to transition to the next generation he's talked years ago when he first became president that the number one thing he wants to avoid as president and ceo of nintendo is he doesn't want to see them have the massive success of switch and then fall off a cliff like they did with we and ds he talked about this in at length at multiple investors meetings how he wants to avoid the cliff the cliff is you fall off now look they're not at the cliff point yet because the switch is still on pace to sell 20 million this fiscal year at least according to their projections that pacing is still there but that's still eight million less than they sold two years ago that's still five million less than they sold last year if you're looking at a decline of three to five million in sales per year yes you are on the decline and at some point you need to do something about that decline and if he waits any melts this system to maximize every little dollar and every little sale you can get out of it like nintendo did with we like they did with ds you end up releasing a platform too late to keep momentum you want to release platforms while momentum is there and while shuntura furukawa hasn't directly stated that he needs to release a platform while they still have momentum it makes sense so when i read this headline coming from takahashi machizuki who is really just quoting a quote from the nikkei article that's really just the opinion of nikkei based interpreting what shuntura furukawa said about not being able to make as many switch units as they would like to this summer what i read that as is hey nikkei thinks they're not going to release a new platform before the end of 2023 but shuntura furukawa's own words are sort of speaking against it he's saying hey we've reached saturation we have reached the point of no return with switch if we produce more switches we aren't even sure they'll sell and if that is the case that's when it's time to get new hardware out the door if nothing else what shuntura furukawa said actually leans more credit to drop in a new platform before the end of this fiscal year now look again i told you i know horse in this race this is just what nintendo should do if shuntura furukawa truly feels this way if shuntura furukawa truly feels that if they were actually making the amount of switches they want to right now that they wouldn't be able to sell them all then it's time to get your next platform out the door whether it's a pro whether it's next gen but it's time and i think shuntura furukawa isn't stupid he thinks financially he recognizes we need to stop letting momentum go down because that's what's happening nintendo's momentum is on the decline he needs to get it going back up and you're not going to get it going back up by milking the switch and just really see more and more games i know a lot of you was saying just release more games give us mario galaxy 2 give us mature prime 4 give us breath of the wild 2 that's going to help sure software sales it'll help a little bit but it's not going to fix the declining hardware sales legend's archiest and fixed the declining hardware sales zeno blade is not going to splitunes not going to the holiday periods aren't going to because we've been seeing these declining sales for multiple years despite big games coming on so nintendo i think is actually more likely to release a new platform before the end of this fiscal year based on what shuntura furukawa said here then not and if not by the end of this current fiscal year expect a holiday 2023 launch of something and i'm saying this just because it makes logical sense so it's not a rumor or whatever this is just logic based thinking looking into what shuntura furukawa has said this entire time one he still won't deny if there's new hardware coming this fiscal year asked directly on if there'll be new hardware in the current fiscal year shuntura furukawa said no comment asked about oh what about the semiconductor shortage and and yes we aren't making enough switches this summer however our projections didn't change and you know what i'm not really sure if we made more switches that we would even be able to sell the damn things yeah that sounds like someone admitting it's time for the next big thing not the opposite so i disagree with nikkei's interpretation and apparently so does david gibson and notably to support that because you might go that's just you're just a rambling random youtuber who cares what you have to say well there was a person who responded to david gibson on the quote of even if we can produce the volume we want i'm not optimistic that we were able to sell it all and that their guidance still calls for the 18 million in the next next 10 months um this guy named captain falcon love that username responded to any thoughts on the comment about new hardware doesn't seem to be a quote from furukawa himself so unclear what it means i responded and i was just interpreting what david said and i said seems to be speculation because they don't think they can make enough hardware however he also says that they aren't sure even if they did make enough that it would sell sounds like he just feels like switches on a downturn which means that new hardware actually makes sense and i put a question mark on that and david gibson himself liked my comment which means he agrees with my interpretation of what he said so there you go that is actually the current state of new hardware it's that you know what we don't have any new information but the report out there is incorrect and actually furukawa's saying things that support moving on so take that for what you will uh you guys are gonna obviously have your interesting debates and call me names there's gonna always be people that call me names but you know what for once sure furukawa's talking so we we need to be paying attention and uh depending on what actions he takes in the future we'll let you know in the future when he comments you know like if new hardware comes out you know by the end of the fiscal year end of 2023 then we can already figure out how shinshura furukawa works and what his comments actually mean remember he hasn't launched really much so we have to remember with shinshura furukawa we're in uncharted territory because none of us know exactly how his mind works except that he cares more about finances than he does about core video games he leaves the video game stuff up to video game people he's a businessman and he is going to do what he can to avoid the cliff so we'll see what that actually means because I have no idea anyways I'm Nathanian Rufflejantz from Nintendo Prime I want to thank you so much for tuning in and I'll catch you in the next video