This morning, shares of several prominent Japanese game companies experienced a notable decline, attributed to the tariffs imposed by US President Donald Trump. Among the companies affected are major players like Sony, Nintendo, SEGA Sammy, and Konami. Reports indicate that these tariffs are expected to have broader implications beyond just the Japanese gaming sector, suggesting that other game firms around the world may soon face similar declines in share value.

According to reports from Wccftech around 5 AM Eastern Standard Time, significant drops were observed in companies such as Sony, which saw a decrease exceeding 10%. Nintendo followed closely behind, with a reported drop of approximately 7.85%. Other companies experiencing decreases include Koei Tecmo at 7.63%, Bandai Namco with 7.37%, SEGA Sammy at 7.29%, and Capcom at 6.61%.

Square Enix and Konami also reported declines of 5.62% and 5.19%, respectively. As for the impact on pricing, there’s speculation that the decline in share value may affect the anticipated cost of the Nintendo Switch 2 in the US. Many consumers are already concerned that the price of the new console, which was announced last week, could rise.

Initially set at $449.99, with a bundle option at $499.99 that includes Mario Kart World, any increase in price due to tariffs could alienate potential buyers. Although pre-orders for the Switch 2 were expected to begin on April 9, Nintendo has decided to delay them in the United States. Additionally, it appears that prices for some Switch 2 games are also on the rise.

The combination of these economic factors leaves consumers anxious about accessing the latest gaming technology.