Nintendo comments on tariffs, says North American hardware is “mainly” produced in Vietnam
Nintendo president Shuntaro Furukawa has shared a few more comments about tariffs and how it could impact the company’s business, including Switch 2.
Speaking during a financial Q&A briefing, Furukawa clarified that the company is producing hardware in China, Vietnam, and Cambodia. However, for North America, production is “mainly” taking place in Vietnam. The United States currently has a 10 percent tariff on Vietnam, compared to 145 percent for China.
Furukawa would go on to mention that the company “will consider how to respond if the assumptions regarding tariffs change”. However, Nintendo also needs to think about “the need to generate momentum for the platform and quickly expand the use of the hardware” with Switch 2.
You can read Furukawa’s full comments below.
“We have prepared the earnings forecast based on the assumption that the tariff rate in the US is 10% for countries such as Japan, Vietnam, and Cambodia, and 145% for China. Hardware is produced in China, Vietnam, and Cambodia, and hardware for North America is mainly produced in Vietnam. Some accessories and amiibo are produced in China, but the impact of tariffs on individual products is not disclosed.
Our basic policy is that if tariffs are imposed in any country or region, we will recognize them as a cost and incorporate them into the price. On the other hand, the fiscal year ending March 2026 will be the time when we will launch a new dedicated game console for the first time in about eight years, so we will consider how to respond if the assumptions regarding tariffs change, while keeping in mind the need to generate momentum for the platform and quickly expand the use of the hardware.”
Additional Nintendo Switch 2 news can be found here.