Nintendo has forecast global sales of 15 million Switch 2 consoles by the end of March 2026, which would be roughly comparable to the original Switch’s first year on sale, despite retailing for a much higher price.

Nintendo Co. projected weaker-than-expected initial sales of the Switch 2, a reflection of how uncertainty around US tariffs is weighing even on a company fielding record-setting demand.

Nintendo on Thursday forecast operating profit would rise 13% to 320 billion yen ($2.22 billion) in the year ending March.