Nintendo shares drop sharply after the company issues a forecast indicating declines in both hardware and software sales tied to its Switch 2. Bloomberg reports the shares fall the most in about three months, reflecting investor concern that the new console has not yet generated a “self-sustaining” demand cycle. The Japan Times adds that Nintendo has lost close to 30% of its value this year through Friday, driven by growing worries about the pace of game releases following the Switch 2’s June debut. Both accounts point to the same core issue: the company’s outlook and the early rhythm of software launches are not meeting expectations. While the sources differ in emphasis—Bloomberg focuses on the implications for demand, and The Japan Times focuses on the scale of the year-to-date share decline—their reporting converges on the idea that the Switch 2’s market momentum is under scrutiny. The reaction in the stock market suggests investors are looking for stronger evidence that the console will attract enough software support to lift sales over time.