Sony is raising the price of its PlayStation 5 (PS5) games console in Japan by about 20%, it said on Tuesday, citing a difficult external environment including global economic fluctations.
The console will cost 79,980 yen ($551) or 72,980 yen for a version without a disk drive from Sept. 2, the entertainment and technology conglomerate said in a blog post.
Sony has said it expects to sell 18 million PS5 consoles globally this financial year, down from 20.8 million in the same period a year earlier.
Source: https://money.usnews.com/investing/news/articles/2024-08-27/sony-to-raise-playstation-5-price-by-20-in-japan