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Nintendo Doesn't Think PS5 Or Xbox Series X Will Have A Significant Impact On Its Business

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But a "change in the environment" is expected.

2020 is set to be a huge year for gaming, with both Sony's
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and Microsoft's
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planned to launch towards the end of the year. As its largest rivals release upgraded tech, it would be understandable for Nintendo to be concerned about what impact this might have on Switch as we enter 2021 and beyond, but that doesn't appear to be the case.

In a newly-published
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, with translations provided by
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, Nintendo president Shuntaro Furukawa briefly discussed the upcoming rival consoles with investors. "We will explain the specific figures for the next fiscal year in our next fiscal year announcement, but I think there will certainly be a change in the environment as new products of our competitors appear," he said, going on to highlight his belief that the target audiences for Switch and its competitors are different.

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