Ex PlayStation boss thinks Nintendo's cheaper Japan-exclusive Switch 2 is an "amazing business decision," but doesn't think "PlayStation would emulate what they did"
Former PlayStation boss Shuhei Yoshida has called the Japan-exclusive edition of the Nintendo Switch 2 an "amazing business decision."
Worlds collided recently as former PlayStation head Shuhei Yoshida joined forces with Nintendo of America's former marketing leads Kit Ellis and Krysta Yang on an episode of their podcast.
They spoke about their time working at the respective companies, with the topic of the rivalry between the DS and the PSP naturally coming up during the conversation.
Despite being a player for the other team, Yoshida was extremely positive about the Switch 2, especially the Japanese-only edition that costs $110 less than the worldwide edition, with the caveat that you'll only be able to play Japanese region Nintendo games on it. Yoshida said the direction from Nintendo was "mind boggling," but an "amazing business decision."
"I do not necessarily think other companies like PlayStation would emulate what they did," he added. "It doesn't make sense to me, you know, selling the same thing for such a different price for other consumers." Yoshida notes "it's clearly showing they want to keep the strong hold in Japan that they already have… that's an amazing decision they have made."
Handhelds are an extremely strong market in Japan, and pretty much always have been. It's the reason Monster Hunter was pretty much a handheld-exclusive series for so long before the series took off worldwide. So Nintendo offering a cheaper way to get more handheld systems out to Japanese consumers is arguably a good plan, even if selling a console at a significant regional discount at launch is, as Yoshida said, "mind boggling."
Wind Waker on Nintendo Switch 2 made two tiny changes that break it wide open for Zelda speedrunners – a strategy so hard "only a few people in the whole world can do it" is suddenly a lot easier.
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Exchange Rate Information This announcement contains translations of certain JPY amounts into U.S. dollars for the convenience of the reader. Translations of amounts from JPY into U.S. dollars have been made at the exchange rate of JPY149.9 = $1.00, which was the foreign exchange rate on March 31, 2025 as reported by the Board of Governors of the Federal Reserve System in its weekly release on April 7, 2025. About Robot Consulting Co., Ltd. Robot Consulting Co., Ltd. is a Japanese platform service provider focusing on human resource solutions with an intention to expand into legal technology and the metaverse. The Company's major product, "Labor Robot," is a cloud-based human resource management system that helps users track employee attendance, manage sales orders, and journalize accounting items. Robot Consulting also assists users with grant and subsidy applications and provides consulting and support services for digital transformation to small and medium-sized businesses. 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Investors can find many (but not all) of these statements by the use of words such as "approximates," "believes," "hopes," "expects," "anticipates," "estimates," "projects," "intends," "plans," "will," "would," "should," "could," "may," or other similar expressions in this prospectus. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company's registration statement and other filings with the U.S. Securities and Exchange Commission ("SEC"). Additional factors are discussed in the Company's filings with the SEC, which are available for review at For more information, please contact: Robot Consulting Co., Relations DepartmentEmail: ir@ Ascent Investor Relations LLCTina XiaoPhone: +1-646-932-7242Email: investors@ BALANCE SHEETS As of March 31, 2025 and 2024 (Yen in thousands, except share data)2025 2024March 31,2025 2024 ASSETS Current Assets: Cash and cash equivalents¥ 112,012 ¥ 471,648Accounts receivable, net 21,41284,424Related party receivable —9,304Deferred offering costs 131,03567,470Prepaid expenses and other current assets 13,04176,538Total Current Assets 277,500709,384Non-current Assets: Restricted cash 19,47019,470Property and equipment, net 6,9461,929Operating lease right-of-use assets, net 8806,778Intangible assets, net 7,1041,962Investments - Non-current 134134Other assets 1,9383,888Total Assets¥ 313,972 ¥ 743,545 LIABILITIES AND SHAREHOLDERS' DEFICIT Current Liabilities: Trade accounts payable¥ 113,962 ¥ 368,883Other payable 58,15064,765Accrued expenses 1,614936Deferred revenue - Current 351,937130,824Current portion of operating lease liabilities 4026,523Total Current Liabilities 526,065571,931Non-current Liabilities: Non-current operating lease liabilities 479255Deferred revenue - Non-current 412,996268,589Other liabilities 25,81719,470Total Liabilities 965,357860,245Commitments and contingencies (Note 10) SHAREHOLDERS' DEFICIT: Ordinary share, JPY1.7 par value - 168,000,000 shares authorized as ofMarch 31, 2025 and 2024; 42,210,000 shares issued and outstanding as of March 31, 2025 and 2024 70,35070,350Additional paid-in capital 1,060,7501,060,750Accumulated deficit (1,782,485)(1,247,800)Total Shareholders' Deficit (651,385)(116,700)Total Liabilities & Shareholders' Deficit¥ 313,972 ¥ 743,545 STATEMENTS OF OPERATIONS For the Fiscal Years Ended March 31, 2025, 2024 and 2023 (Yen in thousands, except share and per share data)2025 2024 2023For the Fiscal Years Ended March 31,2025 2024 2023RestatedRevenue¥ 675,561 ¥ 693,104 ¥ 83,597Cost of revenue 3,93619,84870,622Gross profit 671,625673,25612,975Operating expenses: Research and development 86,158103,440138,322Selling, General and Administrative Expenses 1,119,6411,221,614342,670Total operating expenses 1,205,7991,325,054480,992Loss from operations (534,174)(651,798)(468,017)Other income (expenses), net (511)(10,168)(10,591)Interest expenses ——(25)Loss before income taxes (534,685)(661,966)(478,633)Provision for income taxes ———Net Loss¥ (534,685) ¥ (661,966) ¥ (478,633)Net loss per share attributable to shareholders, basicand diluted¥ (12.7) ¥ (16.1) ¥ (12.3)Weighted-average shares outstanding used to compute net loss per share, basic and diluted 42,210,00041,127,79738,882,926 STATEMENTS OF CASH FLOWS For the Fiscal Years Ended March 31, 2025, 2024, and 2023 (Yen in thousands)2025 2024 2023For the Fiscal Years Ended March 31, 2025 2024 2023RestatedCash flows from operating activities: Net loss¥ (534,685) ¥ (661,966) ¥ (478,633)Adjustments to reconcile net loss to net cash used in operating activities: Depreciation and amortization 2,8921,832220Noncash lease expenses 6,6436,1792,968Loss on disposal of property and equipment ——592Impairment loss on investments —10,00010,000Change in allowance for credit losses (7,044)—Accounts receivable 70,056(2,441)(81,983)Related party receivable 9,304(7,230)(2,073)Prepaid expenses and other current assets 63,495(51,507)(9,555)Other Assets 1,950(2,297)(594)Accounts payable and accrued expenses (260,857)220,609189,607Deferred revenue 365,520175,942219,185Operating lease liabilities (6,643)(6,179)(2,968)Other liabilities 6,350—19,470Net cash used in operating activities (283,019)(317,058)(133,764)Cash flows from investing activities: Purchase of property and equipment (7,587)(3,339)(437)Purchase of intangible assets (5,464)(2,101)—Acquisition of investments —(10,000)(10,134)Proceeds from sales of investment —6,552—Net cash used in investing activities (13,051)(8,888)(10,571)Cash flows from financing activities: Payment for deferred offering costs (63,566)(22,015)(45,454)Proceeds from stock issuance —338,600335,500Proceeds received for subscription receivable —29,83417,327Net cash provided by financing activities (63,566)346,419307,373Net increase in cash, cash equivalents and restrictedcash (359,636)20,473163,038Cash, cash equivalents and restricted cash at beginning of period 491,118470,645307,607Cash, cash equivalents and restricted cash at end of period¥ 131,482 ¥ 491,118 ¥ 470,645 Reconciliation of cash, cash equivalents and restricted cash Cash and cash equivalents¥ 112,012 ¥ 471,648 ¥ 451,175Restricted cash 19,47019,47019,470Total cash, cash equivalents and restricted cash¥ 131,482 ¥ 491,118 ¥ 470,645 View original content: SOURCE Robot Consulting Co., Ltd. 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