Thick Thighs Save Lives
NeoGAF's Physical Games Advocate Extraordinaire
Japanese users aren't having it. There's already 1k replies and 4M views on the announcement posted on Twitter.
SIE increasing the Price of the PS5 console in Japan from September 2nd 2024
- Thread starter kazuyamishima
- Start date
dragonyeuw
Member
Ps5 Pro will definitely be $599.
SplunkyMunkey
Member
In the uk the digital is around £350 or tad more and the disc version is around £400 or over and refurbished is under £400 so despite the japanese price increase this puts it around the same level of we pay for
kazuyamishima
Member
RRP is £480 for the disc and £390 for the digital.
The price in all regions is in line with the USD price with this increase in Japan
ShaiKhulud1989
Gold Member
They should try to protest in front of the Diet building and not in Twitter replies, though.
Caio
Member
This. We can close the Thread.
adamsapple
Or is it just one of Phil's balls in my throat?
13k yen price increase for both models.
All accessories and peripherals also getting a price hike, not just the consoles.
kazuyamishima
, I would say add this to the OP.
All accessories and peripherals also getting a price hike, not just the consoles.
kazuyamishima
, I would say add this to the OP.
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Woopah
Member
I get why Sony is doing it, but it will probably harm PS5 sales.
Putyouinmyoven
Member
Damn I got lucky, I just bought mine here last month.
Sucks to see this. I'm not surprised they raised the price given the weak yen but that's a biiiig jump.
Sucks to see this. I'm not surprised they raised the price given the weak yen but that's a biiiig jump.
BlackTron
Gold Member
When inflation hit in the US other costs in gaming went up but Nintendo held the line at $60 / $300 because Switch is way more profitable with bigger margins. Nintendo basically kept making bank while absorbing a price decrease.
ShaiKhulud1989
Gold Member
Switch was profitable from day-one, yeah.
BlackTron
Gold Member
They see a much bigger return on development costs than should usually be possible. It was a long time ago but I think I remember their operating profit being close to 20% which was insane. When inflation hit, it was still probably better than Sony on a good day. Complete insanity.
Not a good situation, yen has progressively weakened too much but wages are the same.
This will have an obvious negative impact on sales and it will make the console a premium product.
But it's a general problem, Nintendo will also have to take tough decisions with Switch 2 price/profitability at this point also factoring what could happen if things get worse.
This will have an obvious negative impact on sales and it will make the console a premium product.
But it's a general problem, Nintendo will also have to take tough decisions with Switch 2 price/profitability at this point also factoring what could happen if things get worse.
adamsapple
Or is it just one of Phil's balls in my throat?
Equivalent to $700, at least.
Unknown?
Member
Japan is not going to get much better. It is close to end stage fiat with a 260% debt to GDP ratio. Once you breach 100%, it's essentially a banana republic. There's nothing left to do, they have to keep making more currency to prevent a collapse of the currency as it is debt based like all fiat currently is and that will only devalue it more.
kaizenkko
Member
At this point Sony don't even know what they are doing. With Pro costing that much and without a price reduction on base PS5, I don't expect any raise in PS5 sales. Besides that, gaming PC market is getting more and more attractive, and Sony apparently don't realise that it is their real competitor these days.
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Rhazer Fusion
Member
That's ridiculous. That could very well kill momentum in Japan. How much will be PS5 Pro be then? $800-1000??? Has this been the only console generation where these companies actually increased the price of their consoles instead of dropping the prices? I've even heard that the PS6 will be very expensive and people should prepare to save up for it. What is Sony doing?
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Punished Miku
Human Rights Subscription Service
I don't live in Japan so correct me if I'm wrong but I think this is the current options according to Google at least.
Series X 66,978 JPY
Series S 1TB is 49,978 JPY
Steam Deck is 59,800 JPY
Switch is 29,980 JPY
I'd definitely choose any of the above over that, but consumers love PS.
Series X 66,978 JPY
Series S 1TB is 49,978 JPY
Steam Deck is 59,800 JPY
Switch is 29,980 JPY
I'd definitely choose any of the above over that, but consumers love PS.
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HeisenbergFX4
Member
Yes I am sure the pro is coming
Could they pull the plug on it today? I guess but unlikely
Cost?
Its why I posted this in the Pro thread
Thick Thighs Save Lives
NeoGAF's Physical Games Advocate Extraordinaire
Here's some reactions I've gathered from Japanese users on social media:
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GHG
Gold Member
You already did anyway, so let's not pretend here.
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Unknown?
Member
The price is only increasing numerically, the value is staying the same. Problem is, is people's wages don't also adjust to currency debasement.
This is the future for the US and all debt based fiat currencies. Japan is just farther along with their 260% debt to GDP.
Punished Miku
Human Rights Subscription Service
wipeout364
Member
Is this the first generation where we are seeing price increases as we go further along.
GHG
Gold Member
You getting a PS5 first doesn't change any of what I said.
Punished Miku
Human Rights Subscription Service
GHG
Gold Member
Closer
Member
Imagine if everyone was this smart
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Punished Miku
Human Rights Subscription Service
adamsapple
Or is it just one of Phil's balls in my throat?
He beated Sony and increased the price of a console that was already dead just a few weeks ago.
GHG
Gold Member
My point is you're not offering any new information or commentary in that post of yours.
All you've done in recent weeks is complain about brand loyalty and what other consumers are doing, this is just an extension of that.
The price hike affects Japanese consumers, which you aren't, they aren't going to rush out and buy Xbox consoles, price hike or no price hike.
jm89
Member
Probably thinking how he can out dumb sony.
They both have a synergy going. Dumb and dumber.
lughnasadh123
Member
There's always China.
Mr Moose
Member
Sony was like "The fuck you doing, MS?".
Fabieter
Member
Playstation's home market is Europe now.
Don't worry if things takes on as it is we are gonna destroy ourselves before sony can do anything bad to us.
Fabieter
Member
There are a few trade agreements from the 90s which fucked up their economy badly and they never recovered. Its not like they didn't try to improve things again is why they have so much debt.
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GHG
Gold Member
It's not like they haven't tried, but the debt and inflation crisis set them back so far that it's been near impossible for them to recover from.
But this is what happens when you have an increase in money supply without it being paired with an increase in economic output for long periods of time, a situation which is currently taking hold in many advanced economies around the world at the moment.
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