Sony hikes the PlayStation 5 price in Japan by 19 percent

On account of a “difficult exterior surroundings,” Sony will in Japan by 19 p.c. The brand new worth of the usual PS5 mannequin will likely be ¥79,980 (about $554) and can come into impact by September 2, 2024. Costs for the console in different international locations aren’t affected.

It’s essential to notice that all over the world two years in the past, aside from the US. Much like the Japanese worth hike, Sony additionally remarked that “difficult financial choices” led to this tough determination. With out moving into specifics, the console isn’t the one product about to value extra, as equipment just like the DualSense controller and PlayStation VR2 are additionally experiencing worth hikes.

A worth hike this late into the console’s life and by this a lot is moderately uncommon, and Sony is anticipating for the fiscal 2025 12 months. However regardless of that slowdown, the PS5 reached final 12 months and is outselling the Xbox Collection X/S by a large margin.

There are additionally rumors {that a} PS5 Professional will come out this fall. Whereas it’s unlikely why the PS5’s worth in Japan is growing, it’s nonetheless a possible consider how Sony considers pricing the present mannequin. Nonetheless, the PS5 Professional continues to be unconfirmed.