Nintendo Overwhelmed by Switch 2 Demand, Expands Pre-Order Lotteries

MT Newswires Live
04-24

Nintendo Co. (TYO:7974) President Shuntaro Furukawa said that 2.2 million Japanese customers applied for the Switch 2 pre-order lottery via My Nintendo Store-far exceeding supply for the June 5 launch.

With winners announced April 24, many applicants will be automatically entered into a second lottery, though stock remains insufficient, according to the group's X post recently.

To address demand, Nintendo is boosting production and expanding pre-orders to retailers nationwide starting April 24.

The company apologized for shortages, citing unprecedented interest despite prior preparations.

Nintendo Co.'s shares gained nearly 6% at market close.

Price (JPY): $11000.00, Change: $+590, Percent Change: +5.62%

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