Nintendo’s share price sinks as it delays launch of Switch 2

Shares in Nintendo tumbled 6 per cent on Monday after reports it was delaying the launch of its Switch successor until next year.

The Kyoto-based company informed its game publishing partners the release of the next-generation video game console will be delayed to the early months of 2025 from the last quarter of this year.

Some of Nintendo’s partners were advised not to expect the still-unannounced console until March 2025 at the earliest.

Nintendo’s shares ...