The Switch 2 is still nowhere in sight, but Nintendo promises that it hasn’t changed its announcement timeline for the new console. Nintendo President Shuntaro Furukawa said on Tuesday in an online press conference that a reveal of the new hardware was still on track for this fiscal year ending March 2025.

Investors are waiting for news surrounding a successor to the Switch which they hope will re-energize Nintendo's gaming business.

Nintendo cut its operating profit forecast for the year to March 2025 by 10% to 360 billion yen ($2.36 billion) on Tuesday, as sales of its ageing Switch console lost steam.