PS5 Will Become About $90 More Expensive In This Major Market

As a seasoned gamer with decades of gaming under my belt, I can’t help but feel a mix of dismay and intrigue at the latest news from Sony. The PS5, a console that has brought countless hours of joy to millions worldwide, is about to see its price skyrocket in Japan – a move that feels like adding salt to an already expensive gaming habit!


Normally, video game consoles decrease in price over time. However, contrary to this trend, Sony is planning to increase the price of the PS5 in Japan by approximately 13,000 yen or around $90 USD on September 2nd.

In a recent report on X, Tom Warren, a senior reporter at The Verge, brought attention to an increase in the cost of the PlayStation 5 in Japan. Notably, this is the third time Sony has increased the price for the system in Japan since its launch at the end of 2020.

In Japan, starting from September 2nd, Sony will increase the prices of both PlayStation 5 models. This price rise amounts to approximately 13,000 yen, which is nearly $90 USD. This marks the third increase in the console’s price since its launch in 2020.

— Tom Warren (@tomwarren) August 27, 2024

Approximately two years back, Sony raised the cost of PS5 in numerous regions excluding the U.S., such as Japan. At that moment, Sony attributed the price surge to worldwide inflation and unfavorable exchange rates.

In the initial months of fiscal year 2024, which spans from April 1st to June 30th this year, Sony reported that PS5 hardware sales dropped approximately 27% compared to the same period last year. However, it’s worth noting that the total number of PS5 systems sold has exceeded 60 million units.

As a gaming enthusiast, I’m buzzing with anticipation about the potential launch of a PS5 Pro this year! If the rumors are true, we might see it hit shelves between October and November, priced around $600. However, there’s a possibility that the price tag could reach up to $700. Fingers crossed, I can hardly wait to immerse myself in next-gen gaming experiences on this powerful console!

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2024-08-27 18:40